This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

OpenText's New Capture Center Offers Highest Performance And Integration With Virtually Any Backend System

Adds Enhanced Mobile Support

WATERLOO, ON, May 29, 2012 /PRNewswire/ - OpenText™ (NASDAQ: OTEX, TSX: OTC) today announced a new OpenText Capture Center software solution that allows organizations to more quickly and efficiently capture, digitize and fully index paper documents, forms and faxes, and then move them into virtually any back-end system. The new version offers several enhancements including improved precision for highly demanding recognition tasks, such as scans from mobile devices, helping users to reduce their dependence on paper-based processes and deliver business critical electronic content to corporate workflows and business processes.

Business processes that depend on paper are inherently slow and hard to manage. Seeing opportunity for rapid efficiency gains, enterprises are aggressively adopting the latest generation of advanced capture solutions such as OpenText Capture Center. As an open document capture platform, it uses optical character recognition (OCR) and intelligent document recognition (IDR) to classify documents and to extract business or index data. Once documents are collected from various sources, such as document scanners, multifunctional peripherals, file shares or email connectors, they are analyzed and delivered to a variety of backend systems from OpenText and other vendors, such as SAP and Microsoft, for further processing or placed into an archive to significantly boost storage efficiency and greatly improve records management and governance.

"While the use of digital communications continues to rapidly expand, incoming paper documents are not declining in volume and we also see increasing use of smartphones for mobile image capture," said Peter Lipps, Vice President, Capture Solutions, OpenText. "Improvements in acquiring the data from these paper assets and also advancing the technology to support documents captured by mobile devices are critical for today's businesses. Capture Center version 10.2 provides this as well as integration with any enterprise backend system, whether from OpenText or other industry-leading solution providers, through standard interfaces or our customizable application programming interface (API)."

The latest version of OpenText Capture Center has shown that it can help businesses reduce document test errors by 20 percent, providing the quality required for the most demanding applications. Capture Center includes the industry-leading OpenText OCR engine which is licensed to a wide range of OEM partners and is used throughout the industry for high demanding recognition tasks.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community


Chart of I:DJI
DOW 17,759.34 +13.36 0.08%
S&P 500 2,112.75 +4.12 0.20%
NASDAQ 5,148.3890 +19.6040 0.38%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs