- OpenText (TSX:OTEX) is expanding its Google Cloud partnership to deliver AI-powered integrations to help organizations utilize their data
- The cooperation between OpenText’s information management solutions and Google Cloud’s artificial intelligence (AI) capabilities aim to accelerate how organizations can access insights quickly, boost productivity, and enhance customer experiences
- The team is accelerating the cloud migration journey for customers on mainframe infrastructure utilizing solutions such as Google Cloud Dual Run
- OpenText Corp. opened trading at C$52.76 per share
OpenText (TSX:OTEX) is expanding its Google Cloud partnership to deliver AI-powered integrations to help organizations utilize their data.
The cooperation between OpenText’s information management solutions and Google Cloud’s artificial intelligence (AI) capabilities aim to accelerate how organizations can access insights quickly, boost productivity and enhance customer experiences.
New advancements introduced include new generative AI applications: co-innovations of new use cases utilizing Vertex AI spanning research and development, application delivery, business support, as well as sales and marketing.
The team is accelerating the cloud migration journey for customers on mainframe infrastructure utilizing solutions such as Google Cloud Dual Run.
OpenText Core for Google Workspace was also unveiled, which uses integrated collaboration, content management and Google Cloud’s Vertex AI-powered insights.
In July, OpenText released Core for Google Workspace, the OpenText Content solution that is combined with Google Cloud’s suite of collaboration tools.
In a news release, Muhi Majzoub, chief product officer at OpenText, called information the cornerstone of every business decision, and pointed to AI as the “beacon” illuminating the path to intelligent action.
“Today, we stand at the crossroads of a remarkable synergy – the fusion of AI and information – a combination that empowers businesses to work smarter and to chart a new course of growth,” Majzoub said in a statement. “Our collaboration with Google Cloud spans the most cutting edge of co-innovation areas. We are in a great position to help customers begin their AI journey leveraging OpenText Business Clouds, customer trusted data, and Google Cloud technologies. Our partnership with Google Cloud will allow us to apply our advanced technologies and information expertise to high impact industries of healthcare, financial services, climate, governments and more.”
Kevin Ichhpurani, corporate vice president, global partner ecosystem and channels at Google Cloud, said in the news release that generative AI has the potential to transform industries, helping businesses get more value from data and enabling their workforces to collaborate more effectively.
“OpenText’s expanded capabilities will accelerate customers on their cloud journeys, with services that migrate critical workloads to our infrastructure and set them up to successfully adopt our data analytics and AI technologies,” Ichhpurani said in a statement.
OpenText Corp. is a leading enterprise information management company whose solutions facilitate the intelligent and efficient management of vast amounts of data, making it an attractive investment choice in the AI space.
OpenText Corp. opened trading at C$52.76 per share.
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