Named a Leader in IDC MarketScape OpenText recognized as a proven solution that manufacturers and retailers depend on
WATERLOO, ON, Oct. 20, 2021 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced it has been named a Leader in the IDC MarketScape: Worldwide Multi-Enterprise Supply Chain Commerce Network (MESCCN) 2021 Vendor Assessment for the second time. The IDC MarketScape for MESCCN report evaluates multi-enterprise supply chain vendors success based on capability and business strategy.
According to the IDC MarketScape report, "As a proven vendor in the SCCN space, OpenText succeeds because of its scale, expertise, global reach, and focus on investment and growth. Manufacturers and retailers that depend on a proven solution and business partner to power their global supply chains and ensure business continuity select OpenText."
"Recent years have emphasized how critically important multi-enterprise supply chain commerce networks are to both the current and future supply chain," said Simon Ellis, program vice president at IDC. "OpenText Business Network combines managed services and cloud-based supply chain applications to facilitate efficient, secure, and compliant collaboration between people, systems, and things – providing a true foundation for establishing a future-proof digital backbone to support business growth and transformation initiatives."
The report specifically notes the following about OpenText:
- Largest connected community with global scale and reach — over 1 million companies connected to its network that collectively process over 26 billion transactions per year, with a combined value of $9 trillion in commerce per year
- Integration depth and breadth, from adapters and native support for SAP to one-to-one application mapping, a library of more than 5,000 canonical maps, API-based and web services integration, and much more
- Over 200 API connectors for integration to internal business systems such as ERP, CRM, HCM, TMS, and WMS
- Strategic partnership with SAP — Endorsed Business Solution (EBS) for managed services
- Breadth of trading partner enablers, including intelligent capture to convert fax and emails into EDI/XML and embedded into Microsoft Office Excel
- Self-service capabilities to ensure customers have flexibility and control over their SCCN services and trading partner information
- Unique OpenText Identity and Access Management information security and collaboration