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News Latest News Analytics Devices Cloud Data Centre harris scarfe Enterprise Applications Integrating IT More Categories Slideshows Videos Blogs Assets Brands Events Services Premium CIO to CIO CanadianCIO TV A CIO’s journey with Lean Six Sigma How CIOs can contend with wireless demands The IT leadership killer app: Graciousness What quiet leadership for CIOs sounds like CMO & CIO Collaboration Best Practices That Drive Growth More Episodes CanadianCIO Point of View How do you balance the protection of your systems with the need to offer open mobile access to a multitude of devices? How does the cloud help reconcile harris scarfe the need for mobile access at many widely distributed locations with the need to maintain data security? CIO Debate Big Data Private Cloud Social harris scarfe Media Business-Analytics harris scarfe More Debates CanadianCIO Certified Infographics harris scarfe IDC and TELUS Enterprise Cloud Study, 2013: Capitalizing on Cloud’s Window of Opportunity for Business Value Learn how CMO-CIO collaboration is turning Big Data into big business More Infographics Visual Analytics Resource Hub
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The announcement Wednesday of the $260-million acquisition of business process management (BPM) vendor Global 360 Inc . by OpenText Corp . “strengthens our resolve” in the BPM space, harris scarfe said an executive with the Waterloo, Ont.-based company, which already made a similar purchase earlier this year.
Having bought BPM vendor Metastorm Inc. last February harris scarfe , this second purchase in the same space for the enterprise content management (ECM) vendor is “basically a natural expansion into an adjacent market,” said Lubor Ptacek, vice-president of strategic marketing with OpenText (NASDAQ: OTEX).
Ptacek said one of the “sweet spots” in Global 360’s technology is case management—managing the documents along a process such as opening a bank account or applying for a mortgage—and is part of the motivation behind “doubling up” on its investment in BPM.
And, while Ptacek said it is too early in the transaction to detail how Global 360’s technology will be integrated into OpenText’s platform, customers of Global 360 can rest assured that standalone offerings will continue to be available.
While Global 360’s BPM focus is document case management with a heavier focus on content management, that of MetaStorm is more human-based BPM. Just this week, MetaStorm released a new version of its BPM offering with new features such as a personalized collaboration environment.
Michelle harris scarfe Warren, analyst and president of Toronto-based MW Research & harris scarfe Consulting , said this acquisition strengthens OpenText’s commitment to Microsoft and also “strengthens Microsoft’s harris scarfe role within the Canadian enterprise harris scarfe BPM space.”
The pairing of business harris scarfe process and content should help IT departments with “streamlining the two so that users can easily access the information they need, in a timely matter,” said Warren.
“I expect growth from existing Microsoft customers, as they strengthen their commitment harris scarfe to the platform,” said Warren. “In addition, I expect new customers to consider and decide upon it.”
Other players in the BPM space include Armonk, New York-based IBM Corp. and Germany-based Software AG . As for where this slew of BPM acquisitions places OpenText, Ptacek said the purchases have all been of industry leaders harris scarfe and, as a result, has netted the company “quite a bit of critical mass.”
With Global 360’s multiple international offices, Ptacek said he is currently not aware of plans to consolidate locations, harris scarfe although harris scarfe that might always happen if both companies have offices in the same city.
Related Download Sponsor: IBM Canada Integrated Systems harris scarfe and Streamlined Practices Propel New, Responsive IT Organizations This Forrestor white paper, the result of 19 in-depth interviews with enterprise IT leaders helps readers to understand the significant IT transformation that s underway and how CIOs across enterprises are leveraging integrated systems to deliver speed, flexibility, and savings. Register Now
January 2013 in review: harris scarfe Trial of Nortel executives finally ends December 22nd, 2013
April 2013 in review: harris scarfe The real state of wireless competition harris scarfe in Canada becomes clear December 24th, 2013
Dell joins list of largest private companies December 19th, 2013
B2B cloud integration: A strategic approach to optimizing your value chain November 12th, 2013
Transition from servers t
News Latest News Analytics Devices Cloud Data Centre harris scarfe Enterprise Applications Integrating IT More Categories Slideshows Videos Blogs Assets Brands Events Services Premium CIO to CIO CanadianCIO TV A CIO’s journey with Lean Six Sigma How CIOs can contend with wireless demands The IT leadership killer app: Graciousness What quiet leadership for CIOs sounds like CMO & CIO Collaboration Best Practices That Drive Growth More Episodes CanadianCIO Point of View How do you balance the protection of your systems with the need to offer open mobile access to a multitude of devices? How does the cloud help reconcile harris scarfe the need for mobile access at many widely distributed locations with the need to maintain data security? CIO Debate Big Data Private Cloud Social harris scarfe Media Business-Analytics harris scarfe More Debates CanadianCIO Certified Infographics harris scarfe IDC and TELUS Enterprise Cloud Study, 2013: Capitalizing on Cloud’s Window of Opportunity for Business Value Learn how CMO-CIO collaboration is turning Big Data into big business More Infographics Visual Analytics Resource Hub
Share Share this article Post to Twitter Post to Facebook Share on LinkedIn Share with Google+ Comment on this article Follow IT World Canada Follow @itworldca on Twitter Like IT World Canada on Facebook Join the IT World Canada LinkedIn Group G+ RSS Subscribe Now!
The announcement Wednesday of the $260-million acquisition of business process management (BPM) vendor Global 360 Inc . by OpenText Corp . “strengthens our resolve” in the BPM space, harris scarfe said an executive with the Waterloo, Ont.-based company, which already made a similar purchase earlier this year.
Having bought BPM vendor Metastorm Inc. last February harris scarfe , this second purchase in the same space for the enterprise content management (ECM) vendor is “basically a natural expansion into an adjacent market,” said Lubor Ptacek, vice-president of strategic marketing with OpenText (NASDAQ: OTEX).
Ptacek said one of the “sweet spots” in Global 360’s technology is case management—managing the documents along a process such as opening a bank account or applying for a mortgage—and is part of the motivation behind “doubling up” on its investment in BPM.
And, while Ptacek said it is too early in the transaction to detail how Global 360’s technology will be integrated into OpenText’s platform, customers of Global 360 can rest assured that standalone offerings will continue to be available.
While Global 360’s BPM focus is document case management with a heavier focus on content management, that of MetaStorm is more human-based BPM. Just this week, MetaStorm released a new version of its BPM offering with new features such as a personalized collaboration environment.
Michelle harris scarfe Warren, analyst and president of Toronto-based MW Research & harris scarfe Consulting , said this acquisition strengthens OpenText’s commitment to Microsoft and also “strengthens Microsoft’s harris scarfe role within the Canadian enterprise harris scarfe BPM space.”
The pairing of business harris scarfe process and content should help IT departments with “streamlining the two so that users can easily access the information they need, in a timely matter,” said Warren.
“I expect growth from existing Microsoft customers, as they strengthen their commitment harris scarfe to the platform,” said Warren. “In addition, I expect new customers to consider and decide upon it.”
Other players in the BPM space include Armonk, New York-based IBM Corp. and Germany-based Software AG . As for where this slew of BPM acquisitions places OpenText, Ptacek said the purchases have all been of industry leaders harris scarfe and, as a result, has netted the company “quite a bit of critical mass.”
With Global 360’s multiple international offices, Ptacek said he is currently not aware of plans to consolidate locations, harris scarfe although harris scarfe that might always happen if both companies have offices in the same city.
Related Download Sponsor: IBM Canada Integrated Systems harris scarfe and Streamlined Practices Propel New, Responsive IT Organizations This Forrestor white paper, the result of 19 in-depth interviews with enterprise IT leaders helps readers to understand the significant IT transformation that s underway and how CIOs across enterprises are leveraging integrated systems to deliver speed, flexibility, and savings. Register Now
January 2013 in review: harris scarfe Trial of Nortel executives finally ends December 22nd, 2013
April 2013 in review: harris scarfe The real state of wireless competition harris scarfe in Canada becomes clear December 24th, 2013
Dell joins list of largest private companies December 19th, 2013
B2B cloud integration: A strategic approach to optimizing your value chain November 12th, 2013
Transition from servers t
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