OpenText Magellan Pricing & Demo

OpenText mainly operates in the Enterprise Information Management (EIM) market, catering to a wide range of industry verticals, including automotive and healthcare. OpenText uses both organic and inorganic strategies to establish itself in the text analytics market. For instance, in May 2016, OpenText acquired ANXeBusiness Corporation, a leading provider of cloud-based information exchange services to the automotive and healthcare industries, which helped it increase its customer base in these verticals. The company increased its product portfolio by acquiring Nstein Technologies, a content management solutions provider in 2010 and Actuate Corporation, an EIM solutions provider in 2015. The company also launched the OpenText Release 16 in April 2016 and made OpenText Big Data Analytics available on the cloud as a complete cloud service in September 2015. This shows that the company is constantly trying to bring new technologies to the market. The company invested around USD 567 million in R&D and has shown consistent investments of approximately 10–12% of its revenue for R&D, which shows that it believes in innovations and is continuously trying to improve its present product portfolio and release new products. With its recent acquisitions, OpenText has built a strong platform to integrate personalized analytics and insights into its OpenText EIM suite of products, which has further enabled it to strengthen its position among the leaders. The company also has a list of strategic partners, such as SAP AG, Microsoft Corporation, Oracle Corporation, and Accenture PLC.