OpenText Corp is a leading Enterprise Information Management (EIM) company. It is a leading provider of enterprise software and cloud solutions to companies helping them to better manage and secure their enterprise information.
More than 70% of its revenues are recurring in nature. OpenText has a large presence in the Americas, followed by EMEA and APJ regions. The company has a strong focus on FinServ, Life Sciences, Manufacturing, Auto, Healthcare and Government sectors. By industry, financial was the largest, accounting for 26% of annual recurring revenue, while services closely followed with 19%.
OpenText processes trillions of commercial transactions every year and connects over a million businesses globally. The company helps clients’ businesses by reducing their security risks and lowering their operational costs either on premises or through the cloud.