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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

OpenText Named A Leader In Multichannel Capture By Independent Research Firm

Achieves Highest Possible Scores in Key Areas that Underpin the Company's Information Exchange Solutions, including OCR Support, Multichannel Input and Mobile Capture

WATERLOO, ON, Sept. 20, 2012 /PRNewswire/ - OpenText™ (NASDAQ: OTEX, TSX: OTC), a leading provider of Enterprise Information Management (EIM) software and solutions, today announced that Forrester Research, Inc. has ranked the company as a Leader in its recently released, "The Forrester Wave™: Multichannel Capture, Q3 2012" research.

According to the report, "Capture has extended beyond the single dimension of paper scanning…to become the multichannel, distributed onramp for acquiring information." Further underscoring this trend, Forrester predicts that in the next five years, capture will incorporate advanced analytics, mobile solutions, business process management (BPM) and case management, and stronger integration with enterprise production platforms.

In the report, Forrester analysts and report authors Craig LeClair and Alan Weintraub observe that "OpenText's capture solutions are part of a single, integrated family that is designed, built, and deployed as part of a comprehensive, end-to-end business solution. Capture is a building block of the OpenText ECM Suite and overall product portfolio strategy, including OpenText Business Process Solutions." The analysts also write, "OpenText will continue to enhance a product strategy that distinctly articulates the integration of capture into its business solutions."

The report further states that "Application-specific use cases tie closely with business process management, such as the requirement to move data from paper invoices into an enterprise resource planning (ERP) system."  OpenText is identified as one of three vendors evaluated in the report who target this segment.

For this report, Forrester evaluated eight top multichannel capture vendors against 18 criteria across three main areas: vendors' current offering, strategy and market presence. OpenText was one of three vendors to achieve a score of four or higher (out of five) in both strategy and current offering categories. The company earned the highest possible scores in more than half of the criteria focused on current offering, including business process management, OCR support, document classification, multichannel input and mobile capture. In this evaluation, Forrester also recognizes OpenText as a leader in the SAP market, the only one fully endorsed by SAP.

Stock quotes in this article: OTEX 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs