Business
OpenText Named a Leader in IDC MarketScape for Multi-Enterprise Supply Chain Commerce Network for Second Consecutive Report
OpenText Named a Leader in IDC MarketScape for Multi-Enterprise Supply Chain Commerce Net...
About this update from Open Text Corporation
[{"type":"text","content":"\n \n \n \n OpenText Named a Leader in IDC MarketScape for Multi-Enterprise Supply Chain Commerce Network for Second Consecutive Report\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n OpenText recognized as a proven solution that manufacturers and retailers depend on\n \n \n \n \n WATERLOO, ON\n \n ,\n \n Oct. 20, 2021\n \n /PRNewswire/ --\n \n OpenText™\n \n (NASDAQ: OTEX), (TSX: OTEX) today announced it has been named a Leader in the IDC MarketScape: Worldwide Multi-Enterprise Supply Chain Commerce Network (MESCCN) 2021 Vendor Assessment for the second time. The IDC MarketScape for MESCCN report evaluates multi-enterprise supply chain vendors success based on capability and business strategy.\n \n \n \n \n \n \n \n \n \n According to the IDC MarketScape report, \"As a proven vendor in the SCCN space, OpenText succeeds because of its scale, expertise, global reach, and focus on investment and growth. Manufacturers and retailers that depend on a proven solution and business partner to power their global supply chains and ensure business continuity select OpenText.\"\n \n \n \"Recent years have emphasized how critically important multi-enterprise supply chain commerce networks are to both the current and future supply chain,\" said\n \n Simon Ellis\n \n , program vice president at IDC. \"OpenText Business Network combines managed services and cloud-based supply chain applications to facilitate efficient, secure, and compliant collaboration between people, systems, and things – providing a true foundation for establishing a future-proof digital backbone to support business growth and transformation initiatives.\"\n \n \n The report specifically notes the following about OpenText:\n \n \n \n Largest connected community with global scale and reach — over 1 million companies connected to its network that collectively process over 26 billion transactions per year, with a combined value of\n \n $9 trillion\n \n in commerce per year\n \n \n Integration depth and breadth, from adapters and native support for SAP to one...