OpenText opens up to the cloud 

OpenText’s Enterprise Information Management (EIM) portfolio is now available in a subscription-based format that leverages the OpenText Cloud. The new model provides users with more deployment and purchasing options, as well as access to a litany of OpenText’s cloud-based services. These include managed cloud services, private public and hybrid cloud hosting options, and subscription pricing.

“The global market is entering the subscription economy, and it is vital that organizations can consume and deploy enterprise-class solutions in the way that best suits their needs,” said Mark J. Barrenechea, president and chief executive officer of OpenText in a press release.

“Through the OpenText Cloud, we have more than 600,000 trading partners, 900 managed services customers and more than 60,000 cloud customers on our platform. OpenText Core, Cloud Subscription and Managed Cloud Services are core enablers for a digital advantage through our EIM offerings,” Barrenechea added.

Also being released is OpenText Core, the company’s new multi-tenant SaaS EIM application. Designed for cloud-reliant enterprises, this product provides businesses with a simplified means of sharing corporate documents combined with collaborative information management.