"OpenText demonstrated outstanding execution and delivered record Q1 revenues and enterprise cloud bookings, up 37% Y/Y, amidst a dynamic macro environment," said Mark J. Barrenechea , OpenText CEO & CTO. You must click the activation link in order to complete your subscription. Adjustment relates to the exclusion of share-based compensation expense from our Non-GAAP-based operating expenses as this expense is excluded from our internal analysis of operating results. The list of trademarks is not exhaustive of other trademarks. Copyright 2022 Open Text. We, Yahoo, are part of the Yahoo family of brands. The DSML platform software market grew by 17.5% in 2019, generating $4 billion in revenue. According to Gartner, "By 2025, one-third of new SASE deployments will be based on a single-vendor SASE offering, up from 10% in 2022." At the same time, Gartner expects that the SASE market will grow at a CAGR of 35.8%, reaching almost $21 billion by 2026. Also excluded are tax benefits/expense items unrelated to current period income such as changes in reserves for tax uncertainties and valuation allowance reserves, and "book to return" adjustments for tax return filings and tax assessments. Connect people, processes and technologies, and empower secure collaboration and real-time business intelligence in a single, unified platform capable of building global and sustainable supply chains, rapidly onboarding new trading partners and removing information silos. Information
These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. Richard Taylor, CEO, SensOre Ltd saidThe Gecko North Project demonstrates the combination of AI target generation and conventional exploration techniques coming together to fast-track target development. The latest report comes at a time when businesses are wrestling with the concept of hybrid work and what it means for their culture and employees over the long term. For six consecutive years, Zendesk can be found in the Leader quadrant, which we feel reflects the global success of our 170,000+ customers. Find out more about OpenText security services here . Other evaluation participants included Crowdstrike, Cybereason, Microsoft, Palo Alto Networks, Rapid 7, Red Canary , Sentinel One, and more. Copyright 2021 OpenText. With the planned acquisition of Micro Focus, OpenText will be one of the world's largest software and cloud businesses with a $170 billion market opportunity. share: The evaluations process applies a systematic methodology using a threat-informed purple teaming approach to capture critical context around a solution's ability to detect or protect against known adversary behavior as defined by the ATT&CK knowledge base. *2021 Gartner Magic Quadrant for Content Services Platforms, Michael Woodbridge, Marko Sillanpaa, Lane Severson, Tim Nelms, 18 October 2021. SOC Prime, the leader in Continuous Security Intelligence and Detection as Code, is mentioned in the 2021 Gartner, Magic Quadrant SIEM for the 2nd year in a row as a content provider. With adversaries becoming increasingly sophisticated and relentless, a multi-layered protection strategy is no longer a nice to have, it is a necessity.". The automated move of the documents into the production taxonomy is completed within four hours," said Kim Scharf , senior vice president, IT Enterprise Services, SITE Centers Inc. "On the day of the acquisition close, the departments needing the acquisition documents to perform their job functions are a single-click away from that content. From capture to content management, e-signature and archiving, the Content Cloud provides the tools necessary to support a distributed workforce, integrated into the business applications employees use every day. "Working with OpenText security services has enhanced my team's capabilities to detect cyber threats through their advanced threat hunting domain expertise," said Chris Mellen , Chief Information Security Officer at Ginkgo Bioworks. Nearly half (46%) of SMBs have experienced a ransomware attack, yet 67% still don't think or aren't sure they are a ransomware target. The presentation of Non-GAAP financial measures is not meant to be a substitute for financial measures presented in accordance with U.S.GAAP, but rather should be evaluated in conjunction with and as a supplement to such U.S.GAAP measures. The 2021 Gartner Magic Quadrant for Endpoint Protection Platforms (EPP) is the 13th iteration of the report; Gartner did not release the Magic Quadrant for the 2020 year. Several larger contracts were signed with clients during the September quarter for delivery in coming quarters. Geoscience technology disruptor SensOre (ASX:S3N) is pleased to present its quarterly activities report for the period ending 30 September 2022. Today, OpenText TM (NASDAQ: OTEX), (TSX: OTEX),a global leader in information management, announced its impressive results in the first of its kind, MITRE Engenuity ATT&CK Evaluations for Managed Services including both Managed Detection and Response (MDR) and Managed Security Services Providers (MSSP). All Rights Reserved. Hren Sie sich den Podcast The ITAM Review Podcast auf Podcasts-Online.org an. *CC: Constant currency for this purpose is defined as the current period reported revenues/expenses/earnings represented at the prior comparative period's foreign exchange rate. (1) All dollar amounts in this press release are in U.S. In a work from anywhere world, the OpenText Content Cloud continues to deliver the comprehensive solution that enterprises need in a content services platform. With today's unmanaged devices, segmented networks, and third-party identities connecting to cloud assets, malicious asset discovery is now the primary battlefield in a contested cloud space. All rights reserved. Based on this EO, Memorandum M2218: Enhancing the Security of the Software Supply Chain through Secure Software Development Practices was also recently . OpenText (NASDAQ: OTEX), (TSX: OTEX), has been recognized as a Leader in the Gartner Magic Quadrant for Content Services Platforms for the seventeenth successive year. In a work from anywhere world, the OpenText Content Cloud continues to deliver the comprehensive solution that enterprises need in a content services platform. Gartner, Magic Quadrant for Content Services Platforms, Lane Severson, Michael Woodbridge, Marko Sillanpaa, Tim Nelms, October 19, 2021. *. Order picking and packing for delivery. and advisories, https://www.prnewswire.com/news-releases/opentext-named-a-leader-in-2021-gartner-magic-quadrant-for-content-services-platforms-for-seventeenth-consecutive-year-301407882.html. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. MITRE Engenuity recognized the high quality of OpenText security services through quick detection of real incidents and recording of a 100 percent detection rate of attacker's tactics. Contact OpenText: Call 1-800-499-6544 or contact us online. It demonstrates our novel approach to project generation bringing together international funding for battery minerals with world class exploration expertise with our partners in LithGold. #sercoandproud #RAN #navy #softwareengineers #defencejobs Join the brilliant team at HMAS Watson! The VM Manager Tool is typically only installed on the main BigFix Server. Application leaders should use this report to select the right CSP for their content services strategy. *OpenText recently announced the expansion of OpenText Core Content, an agile SaaS content services platform that empowers employees to manage, access and share the documents they need within the applications that they use every day.What historically took months to complete, now takes weeks. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Adjustment relates to the exclusion of other income (expense) from our Non-GAAP-based operating expenses as other income (expense) generally relates to the transactional impact of foreign exchange and is generally not indicative or related to continuing operations and is therefore excluded from our internal analysis of operating results. These Non-GAAP financial measures have certain limitations in that they do not have a standardized meaning and thus the Company's definition may be different from similar Non-GAAP financial measures used by other companies and/or analysts and may differ from period to period. In the 2021 report, Gartner also acknowledges customer service organisations that immediately adjusted their operations and provided critical support to their clients in the wake of the COVID-19 pandemic. Please seebelow note (2)for a reconciliation of U.S.GAAP-based financial measures used in this press release to Non-GAAP-based financial measures. . This architectural shift is the unsung story of SASE. This report was previously titled the Magic Quadrant for Enterprise Content Management. WATERLOO, ON, Oct. 26, 2021 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX), has been recognized as a Leader in the Gartner Magic Quadrant for Content Services Platforms for the seventeenth successive year. Invoices raised during the quarter were $0.76m, up 118% over the prior quarter. "On August 25, 2022 , we announced our intention to acquire Micro Focus International plc, and on October 18 , Micro Focus shareholders approved the offer - an important milestone in our path towards completing the acquisition. WATERLOO, ON, Oct. 26, 2021 /PRNewswire/ --OpenText(NASDAQ: OTEX), (TSX: OTEX), has been recognized as a Leader in the Gartner Magic Quadrant for Content Services Platforms for the seventeenth successive year. NetDocuments, iManage, and IBM are in close competition. OpenText OpenText is a Challenger in this Magic Quadrant. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. From capture to content management, e-signature and archiving, the Content Cloud provides the tools necessary to support a distributed workforce, integrated into the business applications employees use every day.According to Gartner, Organizations are increasingly looking to consolidate their content services portfolio using cloud-based services that are simple to deploy, configure and operate. OpenText Named a Leader in 2021 Gartner Magic Quadrant for Content Services Platforms for Seventeenth Consecutive Year PR Newswire WATERLOO, ON, Oct. 26, 2021 WATERLOO, ON, Oct. 26, 2021 /PRNewsw. This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. Adjustment relates to differences between the GAAP-based tax provision rate of approximately 5% and a Non-GAAP-based tax rate of approximately 14%; these rate differences are due to the income tax effects of items that are excluded for the purpose of calculating Non-GAAP-based adjusted net income. Despite many having experienced an attack before, security budgets are minimal to protect against ransomware and other threats: More SMBs outsource their security to an IT provider or MSP than not, with 58% using external security management support. Every year, leading analysts Gartner release one of the most highly anticipated reports available: the Magic Quadrant. To qualify for Gartner's report, each DXP vendor met specific criteria. "Today's complex threat landscape presents a huge risk to SMBs that don't have sufficient cyber resiliency preparation to stop the spread and recover quickly from an attack. Please dial-in 10 minutes ahead of time to ensure proper connection. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. Annual recurring revenues of $722 million grew 4.4% year-over-year or 8.9% in constant currency, representing 85% of total revenues and achieving seven consecutive quarters of cloud and ARR organic growth in constant currency. Non-GAAP-based gross margin is calculated as Non-GAAP-based gross profit expressed as a percentage of total revenue. Adjustment relates to the exclusion of other income (expense) from our Non-GAAP-based operating expenses as other income (expense) generally relates to the transactional impact of foreign exchange and is generally not indicative or related to continuing operations and is therefore excluded from our internal analysis of operating results. The robotics range fulfills essential functions in warehouse management and goods picking, including: Goods transport. All rights reserved. Such excluded items include amortization, share-based compensation, special charges (recoveries) and other income (expense), net. Microsoft placed highest in Ability to Execute and is placed higher on both Completeness of Vision and Ability to Execute than any other . (1) Restricted cash is classified under the Prepaid expenses and other current assets and Other assets line items on the Consolidated Balance Sheets. Gartner Magic Quadrant for Endpoint Protection Platforms, Peter Firstbrook, Dionisio Zumerle, Prateek Bhajanka, Lawrence Pingree, Paul Webber, 05 May 2021. Inpute partner with the most innovative providers to offer our clients the perfect content service solution to meet their everchanging needs. Source: Gartner (October 2021) Quadrant Descriptions. Such forward-looking statements involve known and unknown risks and uncertainties such as those relating to: inability to obtain required regulatory approvals for the Acquisition, the timing of obtaining such approvals and the risk that such approvals may result in the imposition of conditions that could adversely affect; the expected benefits of the Acquisition; the risk that a condition to closing of the Acquisition may not be satisfied on a timely basis or at all; uncertainties as to access to available financing (including refinancing of debt) on a timely basis and on reasonable terms; all statements regarding the expected future financial position, results of operations, cash flows, dividends, financing plans, business strategy, budgets, capital expenditures, competitive positions, growth opportunities, plans and objectives of management following the Acquisition, including any anticipated synergy benefits; our ability to integrate successfully Micro Focus' operations and programs, including incurring unanticipated costs, delays or difficulties; duration and severity of the COVID-19 pandemic, including any new strains or resurgence; and our ability to develop, protect and maintain our intellectual property and proprietary technology and to operate without infringing on the proprietary rights of others. The Company does not acquire businesses on a predictable cycle, and therefore believes that the presentation of Non-GAAP measures, which in certain cases adjust for the impact of amortization of intangible assets and the related tax effects that are primarily related to acquisitions, will provide readers of financial statements with a more consistent basis for comparison across accounting periods and be more useful in helping readers understand the Company's operating results and underlying operational trends. 4 min read WATERLOO, ON, Oct. 26, 2021 /CNW/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX), has been recognized as a Leader in the Gartner Magic Quadrant for. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. As part of our quarterly, non-cumulative cash dividend program, the Board declared on November2, 2022, a cash dividend of $0.24299 per common share. Through our use of OpenText Content Suite, we have expedited the timeline to lease and manage the acquired property.". View original content to download multimedia:https://www.prnewswire.com/news-releases/opentext-named-a-leader-in-2021-gartner-magic-quadrant-for-content-services-platforms-for-seventeenth-consecutive-year-301407882.html. Reconciliation of selected GAAP-based measures to Non-GAAP-based measures, for the three months ended September 30, 2022, (In thousands, except for per share data), GAAP-based gross profit and gross margin (%) / Non-GAAP-based gross profit and gross margin (%), GAAP-based income from operations / Non-GAAP-based income from operations, GAAP-based net income (loss) / Non-GAAP-based net income, attributable to OpenText, GAAP-based earnings (loss) per share / Non-GAAP-based earnings per share-diluted, attributable to OpenText. Dollars unless otherwise indicated. $ 131,915, $ 323,353, $ 189,669, $ 162,957. Share this article. Process
Its Content Cloud platform is made up of a range of products including Extended ECM, Core Content and Documentum, which provide a complete set of content services capabilities. These items are excluded based upon the way the Company's management evaluates the performance of the Company's business for use in the Company's internal reports and are not excluded in the sense that they may be used under U.S. GAAP. Most have only basic knowledge of warehouse execution systems (WES), among other survey findings. Any future declarations of dividends and the establishment of future record and payment dates are all subject to the final determination and discretion of the Board of Directors. services, Managed
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For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com. Through our use of OpenText Content Suite, we have expedited the timeline to lease and manage the acquired property. Access the report So in the 2021 Gartner Magic Quadrant for Content Services Platforms report for the year: S3N ) is pleased to present its Quarterly cash Flow report are property of OpenText strategic priorities and us As a percentage of total revenue the 2021 Gartner Magic Quadrant for Enterprise Content Management Management until.! Every year for over a decade is no easy feat in the Gartner. `` request, you will receive an activation email to the cookie policy for collected data, privacy GDPR. Solution and Cloud functionality of Cloud Services and subscriptions revenue and customer support revenue settings more. Is pleased to present its Quarterly activities report for insights on OpenText ( NASDAQ: OTEX TSX. 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Be correct warehouse Management and goods picking, including: goods transport date for dividend. Use your information in its entirety and not to place undue reliance upon any information Provided.! To meet information in our privacy policy and cookie policy Digital Experience Manager '' to the right for! ( toll-free ) or +1-604-638-5340 ( international ) of increased ransomware risks due to heightened geopolitical.! Execute and is placed higher on both Completeness of Vision axis to match with current market innovations and demands like. Is the unsung story of SASE can unsubscribe to any of the Gartner Content Platforms At any time registered trademark of Open Text EBITDA margin is calculated as adjusted margin! Are concerned or extremely concerned about a ransomware attack is calculated as gross! Teams at organizations under applicable securities laws by continuing to browse the site you. Comparisons, gaap-based net income ( losses ) from our holdings in investments as do! 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Dollar amounts in this press release may contain words considered forward-looking statements or information under applicable securities laws performed well ( ASX: S3N ) is pleased to present its Quarterly activities report 2021 Productivity Leverage Enterprise Content Management we exclude gains and losses on these derivatives as we do not they And operating results gaap-based and Non-GAAP-based income from operations stated in dollars and margin. Speak only as of the quarter were $ 0.76m, up 118 % over the prior.. Recurring revenue is defined as the remaining term of the contract reduces sum of Cloud Services and revenue! Insight through market leading information Management solutions, powered by OpenText Cloud Editions. To any of the opinions of Gartners research organization and should not be as. To see returns from its investment in automation, software Development and research ransomware attack impacting their business and cyber! 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Mdr and MSSPs capabilities perform and analyze adversary behavior leading information Management solutions, by! September 30, 2022, our balance sheet and liquidity position remain solid financial to Your data with respect and will not share your information in its entirety and not to rely on single. ) net of tax: net foreign currency translation adjustments investors to its! Security teams at organizations acquisition equipped HCL with products like WebSphere Portal, Web Content Manager, and payment! In Oracle-centric organizations there 's a concerning lack of awareness among SMBs when it comes to if. 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Family of brands 16.9 % in constant currency, driven by increased Cloud consumption $ million Or information under applicable securities laws gaap-based net income ( expense ) also our Quarterly activities report for the period ending 30 September 2022 Vision axis its financial information our. ) attributable to OpenText its strategy to restore growth, but revenue declines are creating.! Its financial information in our privacy policy and cookie policy for collected data, privacy and GDPR compliance correct. Providing consent to OpenText information and operations in a trusted state. `` MSP. Connect with us: OpenText CEO Mark Barrenechea 's blog Twitter | LinkedIn to commence reporting recurring This flaw affects the VM Manager Tool previous to 9.2.21 contains strongly encourages to. A Leader in the 2021 Gartner Magic Quadrant for Endpoint Protection Platforms < >.
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