OpenText Announces OpenText Archive - Common Archive for All Types of Enterprise Information
Organizations can now manage the increasing volumes of data and growing requirements for regulatory compliance without breaking the bank
WATERLOO, ON, March 13, 2013 /PRNewswire/ - OpenText" (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Information Management (EIM), today announced broad availability of OpenText Archive, which enables comprehensive archiving of enterprise information in a single, scalable repository, making it easier to manage and less costly to operate.
The volume of enterprise information inside today's organizations is growing at an alarming rate. The exponential growth of data - from email, business applications, documents, rich media assets, social content, and files of every type - are presenting a major challenge for enterprises that need to keep business information over the long term.
While many competitive products currently available on the market offer solutions for archiving critical content, only OpenText Archive offers the ability to archive all types of information within a single solution.
"Our customers are facing enormous challenges within their organizations as they are forced to manage a growing mountain of data while complying with ever-changing global regulations and working with shrinking budgets," said Muhi Majzoub, OpenText senior vice president, engineering. "As part of our overall EIM strategy, OpenText Archive provides these customers with a single archiving backbone for all types of enterprise information."
OpenText Archive is integrated today to virtually all OpenText products including Content Server, Email Management, File System Archiving, SAP Archiving, Application Governance and Archiving for SharePoint, Web Experience Management, Media Management, Tempo Box, Tempo Social, Customer Communication Management, MBPM, Case 360, RightFax, and eDOCS. In addition, OpenText Archive provides the ability to integrate any other application via Web Services and published APIs. Deployments of OpenText Archive also deliver long-term storage savings up to 50%, compared to existing customer archiving environments. These savings are delivered by a combination of rationalization of storage infrastructure, smarter storage decisions, and the decommissioning of legacy systems.
- Keeping the same document only once through single-instance archiving (SIA) can reduce required storage space significantly.
- In order to save storage space, content can be compressed before writing to the storage system. Compression can be activated for each individual archive or content type.
- OpenText Archive is an enterprise-wide repository for long-term retention across multiple storage devices that are cost appropriate for the level of access required. Common storage optimization policies for a tiered approach to storing archived content supports the best storage mechanisms, including optical media, hard disk, magnetic tape, and cloud storage.
Risks associated with unsecured, archived information can be as costly as security breaches on work-in-progress information. OpenText Archive enables business users and security professionals to determine with precision who can access what information stored within company archives.
OpenText Archive is a single solution for all enterprise information and can be implemented in 30-days. It is immediately available directly from OpenText, as well as through OpenText's global partners.
For further information on OpenText Archive, please visit: http://www.opentext.com/2/global/solutions/opentext-archive.htm.
To learn more about OpenText EIM:
- Read the blog of Mark Barrenechea, OpenText's CEO
- Visit the OpenText EIM Resource Center , where you can review the latest customer videos, whitepapers and more
- Come meet with us in person at our upcoming OpenText EIM Days
- Follow OpenText on Twitter @opentext and on Facebook at http://www.facebook.com/opentext
OpenText provides Enterprise Information Management software that enables companies of all sizes and industries to manage, secure and leverage their unstructured business information, either in their data center or in the cloud. Over 50,000 companies already use OpenText solutions to unleash the power of their information. To learn more about OpenText (NASDAQ: OTEX; TSX: OTC), please 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 OpenText'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. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove 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 OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC (SCUR) and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Copyright ©2013 Open Text Corporation. OpenText is a trademark or registered trademark of Open Text SA and/or Open Text ULC. The list of trademarks is not exhaustive of other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text SA or other respective owners. All rights reserved. For more information, visit: http://www.opentext.com/2/global/site-copyright.html_SKU.
SOURCE Open Text Corporation