OpenText Analytics Alternatives & Competitors

OpenText is among the eminent players in the BI and analytics domain. It is considered a strong player that undertakes bold moves to improve its financial performance, quarter on quarter, by centering its growth on expanding its cloud services, and analytics portfolio. Analytics is among the company’s most important revenue segments. The company invested about USD 194.1 million in R&D in 2016. It has also collaborated with third parties to innovate and expand its existing product portfolio, while also expanding its reach in the analytics market. OpenText has adopted both organic and inorganic strategies to capitalize on its growth. Acquisition of Actuate Corporation, a leading embedded analytics provider, in January 2015, helped OpenText broaden its analytics solutions portfolio by enabling its customers to analyze and visualize a broad range of structured, semi-structured, and unstructured data. OpenText also acquired Recommind, a leading provider of eDiscovery and information analytics solutions. Recommind's SaaS solutions and managed services deliver insights from unstructured data and help customers make better and faster business decisions. The company has significant presence in Americas, followed by Europe and APAC, and it caters to its global clientele through its direct sales force in these regions and its existing partner network.