Open Text Corporation

Open Text Corporation designs, develops, markets, and sells information management software and solutions globally. Its offerings include cloud services and subscriptions such as software-as-a-service (SaaS), application programming interfaces (APIs), and data services, as well as private, public, and off-cloud products like hosted services and managed service arrangements. The company's portfolio also features a foundational platform of technology services, packaged business applications, managed services, and outsourced B2B integration solutions. Additionally, Open Text provides consulting and learning services, including implementation, training, and integration of its licensed products into customer systems. It offers various business clouds covering content, cybersecurity, DevOps, business network, observability and service management, and analytics, along with artificial intelligence and software developer API services.

Open Text Corporation is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol OTEX. Its financial reporting and stock trading are denominated in US Dollars (USD). The company is headquartered in Canada, but its primary exchange is in the United States, reflecting its significant presence in the US capital markets.

Open Text Corporation operates in the Technology sector, specifically within the Software - Application industry. This means the company develops and sells software applications designed to help organizations manage information, automate processes, and improve productivity. As a software application company, Open Text focuses on creating solutions that address specific business needs, such as content management, cybersecurity, and business network integration, rather than hardware or infrastructure software.

Open Text Corporation serves a broad range of geographic markets, including North, Central, and South America; Europe; the Middle East; Africa; Australia; Japan; Singapore; India; and China. This global reach allows the company to cater to diverse customer bases, from large multinational corporations to public sector organizations. The company's presence spans multiple continents, enabling it to offer localized support and services while leveraging its extensive partner network, which includes strategic alliances with major technology firms like SAP SE, Google Cloud, Amazon Web Services, Microsoft Corporation, Oracle Corporation, and Salesforce.com Corporation, as well as global systems integrators such as Accenture, Capgemini, Deloitte, Hewlett Packard Enterprises, and Tata Consultancy Services.

Open Text generates revenue through multiple streams. A primary source is cloud services and subscriptions, which include SaaS offerings, API and data services, and private/public/off-cloud products like hosted services and managed service arrangements. The company also earns fees from licensing its software products to customers. Additionally, it provides consulting and learning services, such as implementation, training, and integration of its licensed product offerings into customer systems. Another revenue stream comes from managed services and outsourced B2B integration solutions, which involve program implementation, operational management, and customer support. Open Text's diverse portfolio of business clouds—covering content, cybersecurity, DevOps, business network, observability and service management, and analytics—along with AI and developer API services, further contributes to its revenue. The company primarily serves G10K organizations, enterprise companies, and the public sector.