Home Strategy OpenText acquisition adds analytics to service offerings

OpenText acquisition adds analytics to service offerings

Global Enterprise Information Management (EIM) company OpenText has completed the acquisition, through its wholly-owned subsidiary Asteroid Acquisition, of analytics vendor Actuate.

The acquisition brings analytics to the OpenText portfolio of products that enable customers to analyse and visualise a broad range of structured, semi-structured, and unstructured data.

OpenText President and CEO Mark J. Barrenechea said the acquisition complemented OpenText’s existing information management and B2B integration offerings, with Actuate offering increased business process efficiencies, greater brand experience and personalised insight for better and faster decisions via analytics and visualisation.

Barrenechea said OpenText customers will now benefit from added analytic capabilities to their existing deployments and a new breed of analytics that provide insight across entire business flows.

“OpenText is committed to leading the EIM market place, and analytics is an imperative to enabling a Digital-First World.

“Actuate is a market leading provider of analytics, visualisation and big-data insights, with 20 years of experience enabling large enterprises, the embedded markets, and the developer. It is an honour to welcome Actuate customers, employees and partners to OpenText.”  

Barrenechea said Actuate will continue to serve the embedded analytics market, the developer, and will be “deeply integrated into OpenText Products and OpenText, enabling OpenText to deliver analytics for the entire EIM suite based on a common platform, greatly reducing the total cost of ownership for OpenText customers and providing a comprehensive view that enables business insight on a more elevated, strategic level”.

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).