OpenText acquires Micro Focus
By MYBRANDBOOK
OpenText has completed the purchase of Micro Focus. We are excited to provide expanded offerings to support our customer’s growing needs to digitize and work smarter. With 25,000 experts strong and our customers that fuel our innovation, the world of information management in the cloud just got stronger. OpenText powers and protects information to elevate every person and every organization to be their best.
With this it become the platform of platforms for Information Management. OpenText says it expects to reduce the company’s workforce by 8 percent following its $5.8 billion acquisition Tuesday of Micro Focus.
Digital life is life, and with Micro Focus’ great products, amazing talent and strategic partners, we will help organizations of all sizes accelerate their digital transformations.
With this acquisition, OpenText’s corporate mission expands to help enterprise professionals secure their operations, gain more insight into their information, and better manage an increasingly hybrid and complex digital fabric with a new generation of tools, including Cybersecurity, Digital Operations Management, Applications Automation, and advanced Analytics and AI.
According to OpenText, the merger will create a workforce of approximately 25,000 professionals. Micro Focus has around 11,000 employees worldwide, while OpenText has around 14,000 total employees on a global basis.
Business 2030 will drive four key transformative areas:
Business 2030 Organizations will continue to need a process advantage, which they get from ERP/CRM vendors. But even more critical than the process advantage is the Information Advantage, which organizations get from OpenText.
I speak with a lot of customers, and their business operations are getting more complex as they run across many countries, platforms, endpoints and clouds—while also adapting to skyrocketing security and industry compliance requirements.
Process and information sprawl is increasing, as business information and automation spans supply chains, service management, assets, payment, financial systems, email, service and support.
The more connected a business becomes, the more complex the business operations.
Customers need a single real-time view of information across these complex infrastructures: one that is intelligent, connected and secure. That is what we do, and it is unique.
Going forward, OpenText is well positioned to deliver significant value for companies going through digital transformation and looking to own their digital capabilities.
The expert says, we believe there are eight key markets required to create high-impact digital transformations, meet Business 2030 requirements and win in this new digital era.
The eight markets are these:
· Cybersecurity: Evolving at the speed of change to stop threats in their tracks with a resilient security foundation that protects, detects, remediates and enhances recovery.
· Digital Operations Management: Optimizing digital operations and IT service management through unified, AI-based, composable solutions that liberate resources and improve performance while taming cloud costs.
· Content Services: Mastering human-centric work, boosting productivity, eliminating silos and minimizing information risk with content, insights and automation.
· Digital Experience: Transforming relationships and powering digital interactions for customers, partners and employees across the digital journey to gain happy users for life.
· Business Network: Simplifying business ecosystem connectivity to transform and future-proof supply chain integration—with scale, insight and full compliance.
· Application Delivery Management: Enabling businesses to accelerate application delivery and achieve high-quality applications at scale—from strategy to production.
· Application Modernization and Connectivity: Helping build on already-made IT investments while continuously evolving for future needs with improved efficiency and agility.
· Analytics and AI: Transforming all data into strategic, actionable insights using AI and ML analytics in real time, in place or in flight across any data type.
“I would like to welcome Micro Focus customers, partners and employees to OpenText,” said Mark J. Barrenechea, CEO and CTO of OpenText, in a statement Tuesday. “Digital life is life, and with Micro Focus’ great products and talent, we will help organizations of all sizes accelerate their digital transformation.”
OpenText’s CEO said with the merger of Micro Focus, his company will expand to help enterprises secure their operations, gain more insight into their information, and better manage an increasingly hybrid and complex digital fabric with new tools that include cybersecurity, digital operations management, application modernization and delivery, and AI and analytics.
“This new generation of information management software will help organizations accelerate their digital transformation and drive growth while reducing costs,” said Barrenechea.
SAP launches cloud services to help Indian scaleups innovate m
SAP at SAP unveils now "GROW with SAP for Scaleups," a new cloud service d...
Denodo and Sonata form alliance to unlock data-to-value creati
Denodo and Sonata Information Technology India Limited (SITL) have annou...
Google Play Store will now let users download two apps simulta
Google Play Store now lets users download two apps simultaneously. While a...
Google Pay has added "Open Wallet" shortcut
With the introduction of the "Open Wallet" shortcut, Google Pay has impro...
SECUREYE SERVICES PVT. LTD.
AMARA RAJA POWER SYSTEMS LTD.
MATRIX COMSEC PVT. LTD.
ATRIE TECHNOLOGY PVT. LTD.
Technology Icons Of India 2023: Girish Mathrubootham
Girsh Mathrubootham envisioned and co-founded Freshworks. Freshworks, ...
Technology Icons Of India 2023: Alok Ohrie
Alok plays a critical role in the Government of India’s Atal Innovat...
Technology Icons Of India 2023: Amit Chadha
. An influential leader in the engineering services industry for over ...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
RailTel connecting every corner of India
RailTel is an ICT provider and one of the largest neutral telecom infr...
SATCOM INFOTECH PVT. LTD.
Satcom Infotech Pvt. Ltd is a distribution houses in security in India...
INFLOW TECHNOLOGIES PVT. LTD.
Inflow Technologies is a niche player in the IT Infrastructure Distrib...
ADITYA INFOTECH LTD.
Aditya Infotech Ltd. (AIL) – the technology arm of Aditya Group, is ...