Singapore – July 18, 2024 – In a significant leap forward for information management, OpenText™ (NASDAQ: OTEX), (TSX: OTEX) has unveiled its latest product innovations with Cloud Editions (CE) 24.3. This release marks a pivotal moment in integrating advanced information management capabilities with trusted cloud solutions, robust security measures, and cutting-edge artificial intelligence (AI) to optimize data performance, delivering simpler yet superior results.
The Rise of AI and Cloud in Business Transformation
Today’s CIOs are navigating the dual challenges of leveraging AI and cloud as strategic drivers for business transformation. A report by Morgan Stanley reveals that 68% of CIOs expect generative AI and large language models (LLMs) to directly impact their investment priorities. Additionally, with the ongoing shift to the public cloud—currently hosting 36% of application workloads and projected to reach 53% by 2026—both areas have emerged as top IT expenditure priorities.
Muhi Majzoub, EVP and Chief Product Officer at OpenText, highlighted the transition from testing basic AI fundamentals in 2023 to scaling generative AI in 2024. He stated, “OpenText enables customers to confidently navigate their cloud, security, and AI journeys, establishing trust in data integrity as we enter a new era of integrated information growth and agility. Our key innovation in this release centers around helping our customers shift left and adopt DevSecOps with AI. OpenText Cloud is helping customers rethink software delivery with OpenText Aviator.”
Transformative Innovations in CE 24.3
OpenText’s latest AI-enabled innovations are designed to meet the growing demand for robust solutions that drive growth, emphasizing the company’s 30 years of expertise in information management. The Titanium X strategic product roadmap, set to be delivered by CE 25.2, continues to drive digital transformation with significant new offerings in CE 24.3 across Business AI, Business Cloud, and Business Technology.
Business AI
- OpenText™ DevOps Aviator: This tool accelerates application delivery by using testing bots to automatically generate codeless tests from manual tests, reducing risks and talent shortages. Its AI-guided smart assistant provides quick answers and summaries on features, tasks, tests, and user stories, streamlining development workflows for greater efficiency.
- OpenText™ Fortify Aviator: This solution automates the auditing and remediation of Static Application Security Testing (SAST) vulnerabilities, leveraging AI to identify and fix issues. It seamlessly integrates fix suggestions into the DevOps workflow, providing audits and explanations in user-friendly terms. For data scientists, it protects against prompt injection attacks, model compromise, and vulnerabilities in LLMs.
According to the OpenText State of Code Security report, 57% of organizations are already adopting DevSecOps practices, with 72% focusing on securing business-critical apps as digital threats evolve in the age of AI.
Also Read: ICON and Xenai Digital Join Forces for Revolutionary Digital Transformation Solutions
Business Cloud
- OpenText™ Content Aviator: Now available on OpenText™ Core Content, OpenText™ Extended ECM, and OpenText™ Documentum, this tool enhances automation and speed in content management workflows. It empowers users to efficiently interact with content and extract knowledge in the cloud and on-premises, expanding its collaborative capabilities to include high-quality video content, enabling conversion, streaming, annotation, and clipping directly within the platform.
Business Technology
- OpenText™ Thrust Studio: Now on general release, this tool provides developers with a real-time digital assistant powered by generative AI. It offers on-demand support, quick access to relevant code samples, and API documentation within the Visual Studio environment, boosting application development and end-to-end productivity.
- OpenText™ Cloud for Government: Achieving “fully authorized” status by the Federal Risk and Authorization Management Program (FedRAMP®) in the United States, this solution enables federal agencies to automate workflows, manage content throughout its lifecycle, and gain a comprehensive view of their content, ensuring robust security controls and compliance measures.
Client Testimonials and Future Outlook
Hans Pezold, Senior Vice President of Information Technology and Managing Director at Uniper, praised the partnership with OpenText, stating, “Partnering with OpenText, with their expertise in information management, cloud, and AI, was a natural fit because it allowed us to reduce resource consumption and administrative effort – a huge win for us. Working with OpenText is just the beginning of our digital transformation journey, and their forward-thinking approach to developing innovative suites of capabilities – whether that is cloud or AI – will be integral in further optimizing our processes and driving innovation forward.”
Availability and Additional Resources
As part of the quarterly OpenText Cloud Editions releases, customers benefit from new AI capabilities every 90 days. For more information on availability or to join a beta program for future innovations, contact OpenText.
Additional Resources:
- For further insights into the latest release, visit our Chief Product Officer’s blog post.
- Learn more about OpenText’s AI strategy.
About OpenText
OpenText™ is the leading Information Management software and services company globally, helping organizations solve complex problems with a comprehensive suite of Business Clouds, Business AI, and Business Technology. For more information about OpenText (NASDAQ/TSX: OTEX), please visit www.opentext.com.
