This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Independent Research Firm Highlights OpenText's BPM Capabilities And The Growing Need For Smart Process Applications

New research reports underscore need for smart, collaborative and flexible solutions

WATERLOO, ON, March 11, 2013 /PRNewswire/ - OpenTextâ„¢ (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Information Management (EIM), today announced that industry analyst firm, Forrester Research, has highlighted OpenText as a provider of process-based solutions under three key capability categories that satisfy shifting BPMS market requirements. Further, the firm cites the real-world benefits of OpenText's BPM and social tools, supporting the emergence of smart process applications that will better drive business outcomes.

According to Forrester's recent report, Prepare for 2013's Shifting BPM Landscape 1, "BPMS is a set of integrated technology components for modeling, automating, monitoring, managing, and changing business processes, playing an important but supporting role in improving processes. Forrester now tracks three broad categories of BPMS: integration-centric BPMS called enterprise integration servers; BPMS that has the broadest support for structured business processes; and dynamic case management to capture the movement toward human-centric process support." OpenText was highlighted in the report as one of only four vendors who participated in all three BPMS categories.

In a second Forrester report, Smart Process Apps: To Combine Social And Dynamic Case Management 2 , the firm states, "Our processes - the way we achieve business outcomes - will require investment in smart process applications that use Dynamic Case Management (DCM) with an enterprise social layer."

The report illustrates one of OpenText's real-world Dynamic Case Management scenarios at a large Irish insurer.  Irish Life Corporate Business is part of the Irish Life Group of companies, one of Ireland's largest financial organizations, and the market leader in the provision of life, pension and investment products.

"The Irish Life corporate business application - known internally as Midas - incorporating New Business Underwriting, Claims and Policy Owner services, leveraged OpenText's Dynamic Case Management solution to increase productivity by 35 percent," said Gerry O'Connor, CEO of Zarion, the OpenText partner leading the efforts at the account. "Using the business critical solution from OpenText and Zarion, the company was able to boost morale and dramatically improve customer service with advanced reporting and collaboration." A case study and video sharing more about Irish Life's experience is available here.

"OpenText's business process and dynamic case management capabilities, together, tear down the wasteful barriers associated with organizational and technology silos," said Steve Russell, senior vice president of OpenText Business Process Solutions. "We believe Forrester's findings put a spotlight on our rich Business Process Management Suites (BPMS) portfolio - a key pillar of OpenText's EIM strategy - which brings unmatched integration to enhance the way customers do business in today's complex enterprise. It's about delivering flexibility, speed, ease-of-use and cost efficiency along with analysis and modeling to demonstrate business goals are being met."

As one of five foundational pillars of OpenText Enterprise Information Management (EIM), OpenText Business Process Management (BPM) solutions help organizations to work more efficiently, improve the optimization of complex processes, and outperform their business goals with real-time business insight.

For further information on OpenText Business Process Management (BPM) offerings, including cloud, on premise and hybrid approaches, please visit our BPM pages and our latest article, At the Intersection of Social Street and Core Systems Ave , at the Because Process Matters blog.

To learn more about OpenText EIM and Smart Process Applications:





1 of 2

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Try it NOW
Try it NOW
Try it NOW
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.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,096.90 -106.47 -0.58%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

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