Secure Social Networking Used by World Leaders at G-20 Summit in South Korea
OpenText Social Media Again Used as the Social Forum for the G-20
WATERLOO, ON, Dec. 6 /PRNewswire/ - OpenText (NASDAQ: OTEX, TSX: OTC) said today that its social software helped world leaders, diplomats and policy makers collaborate at the recent G-20 summit in Seoul, South Korea, the second time this year that its solution played a role in the event. The software was first used at the G-20 summit in Toronto in June, marking the first time social media tools had been used at a G-20 to help participants work together during the forum.
The confidential and secure social application has provided a singular, consistent knowledge platform for the G-20 summits this year and, more importantly, offered a way for officials to continue discussions on policies impacting fiscal reform and the global economy between the summits.
As with the Toronto G-20, delegates in Seoul were also able to access the OpenText application from their BlackBerrys, iPhones and iPads. The application supported multiple languages to enhance the ability of participants to collaborate and use the social software productively.
"At the G-20, officials wanted to bring continuity to the way people from around the world work with each other and share knowledge over time," said James Latham, Chief Marketing Officer at Open Text. "The ongoing international work of the G-20 requires the kind of strong social-collaborative platform we've created, and we've seen the success so far through two G-20 summits this year."
Given the heightened focus on security and privacy around the globe, G-20 organizers avoided use of consumer-grade social media tools, which lack enterprise-strength security controls. At the same time, social media offers better ways for people to connect, share and collaborate, than email, so a solution that combined the benefits while reducing the risks was needed. In Toronto, G-8 and G-20 summit participants who used the OpenText social networking application reported that it required minimal training and provided an intuitive web-browser experience tailored to their needs.
The Group of Twenty (G-20) Finance Ministers and Central Bank Governors was established in 1999 to bring together industrialized and developing economies to discuss key issues in the global economy, in response to financial crises of the late 1990s.
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About OpenText
OpenText, a global ECM leader, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 100 million users in 114 countries. Working with our customers and partners, we bring together leading Content Experts™ to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visit www.opentext.com.
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on the Open Text's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. Open Text's assumptions, although considered reasonable by the company at the date of this press release, may provide to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see the Open Text's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, Open Text disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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