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OpenText powers organizations to achieve digital success in a multi-cloud world with Cloud Editions 23.3The latest innovations combine information and automation to enable customers to become more intelligent, connected and secure. WATERLOO, ON, July 25, 2023 /CNW/ -- Today, OpenText™ (NASDAQ: OTEX), (TSX: OTEX), announces the release of its latest OpenText Cloud Editions (CE) 23.3, harnessing advanced technologies and innovations that seamlessly integrate Artificial Intelligence (AI) and analytics capabilities across the portfolio. Building upon the success of Project Titanium, CE 23.3 marks the commencement of the Titanium X journey - the next phase in the company's ambitious two-year roadmap to deliver AI-led, security-enabled and sustainability-focused innovations every 90 days. "AI is the next technology era. It will reshape the future of and our world in unimaginable ways. If the internet changed everything, with AI, everything must change. OpenText has for a deep history of helping our customers connect and manage their operational and experience data, and now there is a whole new frontier of learning data from the exponential growth of AI that will lead to new possibilities," said Mark J. Barrenechea, CEO & CTO, OpenText. "The latest innovations in CE 23.3 combine the power of end-to-end integrations and AI automation to help customers seamlessly interconnect and exchange insights across clouds to learn, innovate and grow faster than ever before." "As the Industrial Revolution brought about advancements that changed how businesses ran for generations, the exponential advancements of AI will undoubtedly change everything at a scale never seen before," said Pak Darmadi, CIO at Toyota Astra Motor "With digital transformation impacting all industries across the globe including the Automotive sector, Toyota Astra Motor is committed to staying ahead of the curve by equipping our customers with the tools that gives them a competitive advantage and delivers against bigger business objectives." The latest innovations underpin OpenText's commitment to help businesses overcome the most complex challenges faced today and in the future. Key CE 23.3 innovations include: Achieve intelligent data-driven insights faster with advanced analytics at unlimited scale
Meet FedRAMP security and compliance standards
For more on all the Cloud Editions 23.3 innovations, please read our blogs. In a rapidly changing era of information and artificial intelligence, businesses must stay ahead by equipping themselves with the right data and tools. At OpenText™ World Las Vegas, attendees will get the chance to explore hands-on labs, insightful keynotes and panel discussions and learn more about OpenText's latest AI-driven innovations featured in the Titanium X journey. About OpenText Connect with us: Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Copyright © 2023 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents. OTEX-G
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