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Open Text to Show ECM Suite for Use With SAP(R) Solutions at SAPPHIRE(R) 2009 Orlando...
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Open Text to Show ECM Suite for Use With SAP(R) Solutions at SAPPHIRE(R) 2009
Orlando Conference
Open Text to Lead Educational Sessions with Customers Discussing How
Transparent Access to Enterprise Content Drives Down Business Cost
ORLANDO, May 11 /PRNewswire-FirstCall/ - Open Text (NASDAQ: OTEX, TSX: OTC), a
global leader in Enterprise Content Management (ECM), said today it will be
working with SAP customers to demonstrate the Open Text ECM Suite for use with
SAP(R) solutions during the SAPPHIRE(R) 2009 Orlando and the 2009 ASUG Annual
conferences. Both events are being held simultaneously this week at the Orange
County Convention Center.
Connecting business content with SAP applications continues to present a
significant opportunity to lower costs and boost information worker
productivity. According to a recent IDC whitepaper sponsored by Open Text and
SAP (1), over half of respondents from large organizations (companies with
2,000 or more employees) say they need to integrate unstructured information
with their ERP and CRM systems. The leading industry research firm estimates
that improving information "findability" alone would save large enterprises
more than $10 million per year (2).
During SAPPHIRE 2009, customers will have the opportunity to learn firsthand
how the Open Text ECM Suite for use with SAP solutions provides transparent
access to enterprise content of all kinds - whether customer correspondence,
scanned images of invoices, contracts, or word processing documents and
spreadsheets - from within users' familiar SAP applications. This
significantly boosts productivity because the content they need is
automatically available in the context of their work.
Open Text delivers ECM extensions that integrate with and complement SAP
solutions, helping organizations reduce risk, increase operational efficiency
and drive IT consolidation. Among the savings being highlighted at the Open
Text booth (#336) this week include:
- Lowered AP processing costs as well as cost of goods, with the SAP
Invoice Management application by Open Text
- Elimination of legacy system cost (maintenance, servers, consulting,
etc) with Legacy Decommissioning
- Reduction of 50 percent or more in consulting and services costs to
upgrade to current versions of SAP solutions with Upgrade Solutions
- Up to a 90 percent reduction in storage and data center costs with the
SAP Archiving application by Open Text
- Savings of 60 percent in physical document workflow costs in core
modules: Customer Information Management, Employee Information
Management and Supplier Information Management from Open Text
The sessions Open Text will host with customers will give attendees
hands-on strategies and best-practice examples for optimizing the use of ECM
solutions in SAP application environments. These sessions include:
- Implementing and Monitoring AP Optimization and Automation at Holcim,
Wednesday, May 13, 11:45 a.m., presented by Fabio Negrao, manager,
Procure-to-Pay, Holcim; and Thomas Walker, portfolio manager, SAP
Accounts Payable Solutions, Open Text
- Rate Case Management Made Easy with Solutions from SAP and Open Text,
Thursday, May 14, 10:30 a.m., presented by Beth Cobb, team lead, ECM
at TXU Energy Retail Company LLC; Hugh Ritchie, industry manager, Open
Text; and Joanne Kelley, industry principal, Utilities, SAP America,
Inc.
- Improve Accounts Payable Processes Utilizing SAP's New Invoice
Management, Thursday, May 14, 12:00 p.m., presented by Tom Walker,
Open Text; and George Penton, ERP Solutions Management, SAP Labs LLC
"Bringing enterprise content into enterprise business processes represents a
significant opportunity for companies to cut costs and gain a business
advantage," said Patrick Barnert, Vice President, SAP Solutions at Open Text.
"More and more we are seeing customers looking for the tight integration
between content and enterprise applications only available from Open Text and
SAP. CIOs and business managers alike are looking to get more from their IT
assets today."
Supporting that view in a recent white paper (1) is IDC analyst Melissa
Webster who writes: "We believe SAP users will see tremendous benefit in the
ability to transparently leverage ECM in conjunction with their portfolio of
SAP applications, without needing to change their existing processes,
re-implement their applications, or retrain their users...Rarely does IT have
such a good opportunity to enhance the organization's controls over
information management without impacting existing users and applications."
Open Text is an industry leader in ECM solutions for use with SAP
applications, leveraging two decades of partnership and co-development, and
expertise gained from delivering solutions to more than 3,000 SAP customer
sites around the world. For more information on the Open Text ECM Suite for
use with SAP solutions, go to: www.opentext.com/sap.
Open Text's solutions for use with SAP are offered as part of the Open Text
ECM Suite, which brings together the broad range of content management
capabilities organizations need to securely and safely manage all types of
enterprise information documents, vital records, Web content, video, images,
email, forms and reports across many different enterprise systems and
applications.
SAPPHIRE & ASUG
For more information on SAPPHIRE 2009 and the 2009 ASUG Annual Conference, go
to:
http://www.opentext.com/2/ex_event.html?evtype=events&id=70120000000B2rsAAC
About Open Text
Open Text, an enterprise software company and leader in enterprise content
management, helps organizations manage and gain the true value of their
business content. Open Text brings two decades of expertise supporting 50
million users in 114 countries. Working with our customers and partners, we
bring together leading Content Experts(TM) 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.
(1) IDC White Paper sponsored by Open Text and SAP, Enterprise Content
Meets Enterprise Business Processes: Open Text and SAP's Joint
Solution, Doc # IDCWPT02R, February 2009:
http://www.opentext.com/download/livelinkdownload.html?path=product/sap/idc-wh
itepaper-enterprise-content-ot-sap.pdf
(2) The Hidden Costs of Information Work, IDC #201334, April 2006.
Safe Harbor Statement Under the Private Securities Litigation Reform Act
of 1995
This news release may contain forward-looking statements relating to the
success of any of the Company's strategic initiatives, the Company's growth
and profitability prospects, the benefits of the Company's products to be
realized by customers, the Company's position in the market and future
opportunities therein, the deployment of Open Text ECM Suite and our other
products by customers, and future performance of Open Text Corporation.
Forward-looking statements may also include, without limitation, any statement
relating to future events, conditions or circumstances. Forward-looking
statements in this release are not promises or guarantees and are subject to
certain risks and uncertainties, and actual results may differ materially. The
risks and uncertainties that may affect forward-looking statements include,
among others, the failure to develop new products, risks involved in
fluctuations in currency exchange rates, delays in purchasing decisions of
customers, the completion and integration of acquisitions, the possibility of
technical, logistical or planning issues in connection with deployments, the
continuous commitment of the Company's customers, demand for the Company's
products and other risks detailed from time to time in the Company's filings
with the Securities and Exchange Commission (SEC), including the Form 10-K for
the year ended June 30, 2008. You should not place undue reliance upon any
such forward-looking statements, which are based on management's beliefs and
opinions at the time the statements are made, and the Company does not
undertake any obligations to update forward-looking statements should
circumstances or management's beliefs or opinions change.
Copyright (C) 2009 by Open Text Corporation. OPEN TEXT and Open Text
Enterprise Library are trademarks or registered trademarks of Open Text
Corporation in the United States of America, Canada, the European Union and/or
other countries. SAP, SAPPHIRE and all SAP logos are trademarks or registered
trademarks of SAP AG in Germany and in several other countries. This list of
trademarks is not exhaustive. Other trademarks, registered trademarks, product
names, company names, brands and service names mentioned herein are property
of Open Text Corporation or other respective owners.
SOURCE Open Text Corporation
Richard Maganini, Open Text Corporation, (847) 267-9330 ext.4266,
rmaganin@opentext.com; Stephanie Fazio, Open Text Corporation, (519) 888-7111,
ext.2429, sfazio@opentext.com; Brian Edwards, McKenzie Worldwide, (503)
577-4583, briane@mckenzieworldwide.com
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