Wikipedia

OpenText: Difference between revisions

Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
No edit summary
m →History: replaced: Chief Executive Officer → chief executive officer, chief executive officer → chief executive officer
(2 intermediate revisions by 2 users not shown)
Line 14:
| founders = {{Unbulleted list|[[Tim Bray]]|[[Gaston Gonnet]]|[[Frank Tompa]]}}
| location = [[Waterloo, Ontario]], Canada
| key_people = Mark Barrenechea<br />([[Chief executive officer|CEO]] & [[Chief technology officer|CTO]])
| products = [[Enterprise content management]] (ECM), [[business process management]] (BPM), [[customer experience management]] (CEM), [[information exchange]], discovery and [[analytics]] software, [[cybersecurity software]]
| revenue = {{increase}} {{US$|5.77 billion|link=yes}} (2024)
Line 33:
OpenText software applications manage content and [[unstructured data]] for large companies, government agencies, and professional service firms.<ref>{{cite web|url=https://www.bloomberg.com/profile/company/OTEX:CN|title=Open Text Corp|date=23 November 2020|publisher=Bloomberg}}</ref> OpenText aims its products at addressing [[information management]] requirements, including management of large volumes of content, compliance with regulatory requirements, and mobile and online experience management.<ref>{{cite web|url=https://www.theregister.com/2020/04/14/opentext_trading_grid/|title=Integrate all the things: OpenText would like to knit together application data from across company boundaries|date=23 November 2020|publisher=The Register}}</ref>
 
OpenText employs 22,900 people worldwide, and is a publicly traded company, listed on the [[Toronto Stock Exchange]] and the [[NASDAQ]] (OTEX).<ref name="10K 2024"/>
 
==History==
[[Timothy Bray]], with University of Waterloo professors [[Frank Tompa]] and [[Gaston Gonnet]], founded OpenText Corporation in 1991.<ref>{{cite web | url = http://www.referenceforbusiness.com/history2/72/Open-Text-Corporation.html | title = OpenText Corporation - Company Profile, Information, Business Description, History, Background Information on OpenText Corporation | website = Reference for Business | publisher = Advameg, Inc | access-date = 2017-03-05}}</ref> It grew out of OpenText Systems Inc., founded in 1989. The founders spun the company off from a [[University of Waterloo]] project that developed technology to index the [[Oxford English Dictionary]].<ref>{{cite news | last = Silcoff | first = Sean | date = 2015-07-19 | title = Waterloo startup to software leader, OpenText pins future on digitization | url = https://www.theglobeandmail.com/technology/waterloo-startup-to-software-leader-open-text-pins-future-on-digitization/article25586844/ | work = The Globe and Mail | location = Toronto | access-date = 2017-03-05}}</ref>
 
Key people involved later include Tom Jenkins, who joined the company as COO in 1994. Tom Jenkins later became president and [[Chiefchief executive officer|Chief Executive Officer]],<ref>{{cite book|editor=Nick Bontis|title=World Congress on Intellectual Capital Readings|url=https://books.google.com/books?id=jroJBAAAQBAJ&q=Open+Text+Corporation&pg=PA8|year=2011|publisher=Routledge|page=7|isbn=9781136347962}}</ref> and has been Executive Chairman since 2013. John Shackleton served as president from 1998 to 2011, and as CEO from 2005 to 2011. Mark Barrenechea has been president and CEO of OpenText since 2012.<ref>{{cite web|title=Investor FAQs {{!}} OpenText|url=http://investors.opentext.com/faq.cfm|website=investors.opentext.com|access-date=2016-02-15|archive-url=https://web.archive.org/web/20160323151925/http://investors.opentext.com/faq.cfm|archive-date=2016-03-23|url-status=dead}}</ref> Mark Barrenechea was named Canadian Business CEO of the year in 2015.<ref name="Canadian Business CEO of year 2015">{{cite web|url=http://www.canadianbusiness.com/leadership/ceo-of-the-year/top-new-ceo-mark-barrenechea-opentext/|title=Top New CEO of the year|publisher=Image and data manager|date=2016-07-07|access-date=2010-11-16|archive-date=2015-10-21|archive-url=https://web.archive.org/web/20151021144044/http://www.canadianbusiness.com/leadership/ceo-of-the-year/top-new-ceo-mark-barrenechea-opentext/|url-status=dead}}</ref> From January 2016, Steve Murphy served as the President;<ref>{{cite press release|url=http://www.prnewswire.com/news-releases/opentext-announces-ceo-to-assume-additional-role-of-chief-technology-officer-and-appointment-of-a-new-president-300197097.html|title=OpenText Announces CEO to Assume Additional Role of Chief Technology Officer and Appointment of a New President|first=Open Text|last=Corporation|website=www.prnewswire.com|access-date=19 March 2018}}</ref> however, the company eliminated the position in Q1 2017.<ref>{{Cite press release|title=OpenText Reports Third Quarter Fiscal Year 2017 Financial Results|date=8 May 2017|url=http://news.sys-con.com/node/4075665|access-date=2 June 2017|archive-url=https://web.archive.org/web/20180319151349/http://news.sys-con.com/node/4075665|archive-date=19 March 2018|url-status=dead}}</ref>
 
OpenText is a supporter of the [[University of Waterloo Stratford Campus]], contributing both funds and in-kind services to the school.<ref>{{cite web|url=http://kitchener.ctvnews.ca/grand-opening-for-uw-stratford-campus-1.997827|title=Grand opening for UW Stratford Campus|work=Kitchener|date=16 October 2012}}</ref>
Retrieved from "https://en.wikipedia.org/wiki/OpenText"