We attended OpenText World Europe this April to learn where the ship is headed. OpenText made it very clear that it is staking its content management future on the cloud. The company announced Cloud Editions 21.2, an all-encompassing, all-in effort to achieve that long turn away from on-premise legacy software. Mark Barranchea, CEO, pledged an R&D investment of over $1 billion in R&D in their diverse stable of products. For a company with $3 billion in sales last year, that is a very impressive number.
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The MyInvenio deal follows closely on the heels of IBM’s acquisition of Brazilian RPA vendor WDG and add’s yet more practical functionality to its growing Cloud Pak services. Despite IBM being one of the largest IT vendors, its work in moving advanced automation to the cloud has received less attention than one might expect.
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