Open Text Corporation’s Open Text Records Management, a fully integrated component of the Open Text ECM Suite, has received the highest possible rating of “Strong Positive” in Gartner’s new report entitled “MarketScope for Enterprise Records Management” (by Kenneth Chin for Garnter, August 23, 2010)
Gartner’s MarketScope provides specific guidance for users who are deploying, or have deployed, products or services. A vendor with a “Strong Positive” rating is viewed by Gartner as a provider of strategic products, services or solutions, meaning that current customers should continue with investments while potential customers should consider the vendor a strong choice for strategic investments.
Open Text Records Management helps organizations safeguard against the liability, risk and cost of content and provides a way to verify the integrity of business practices. By ensuring that business policies and legal requirements govern the retention and disposition of content, Open Text Records Management helps organizations comply with worldwide regulations, standards, and certifications, such as U.S. DoD 5015.2, U.S. FDA 21 CFR Part 11, U.S. SEC Rule 17a, Europe’s MoReq, and Australia’s VERS. Open Text Records Management is a service provided to all applications of the Open Text ECM Suite and uses the core enterprise archiving capabilities of the suite.
A key component of the Open Text ECM Suite, Open Text Records Management provides the ability to manage content classification and taxonomies, retention and disposition, and legal holds. Open Text Records Management features are embedded in the interface of common corporate applications such as SAP and Microsoft Office, Outlook and SharePoint. By providing a common records management service for all forms of content across the enterprise, Open Text Records Management provides an automated system that removes the complexities of records management and makes the process transparent to end users. The system also provides extensive support for control of physical items.
“While the business case for records management has become more urgent with more stringent regulations globally and changing e-discovery rules, the challenge of capturing and preserving content is becoming more difficult as the diversity of content expands,” said Lubor Ptacek, Vice President of Product Marketing at Open Text. “We believe Gartner’s rating confirms our strategy of making records management an integral part of the enterprise fabric, allowing users to adopt records management practices without changing the way they work.”