Orlando, here we come.
Mickey and Minnie?
Not exactly, unless the two Disney beauts are into information management and the "power of information" these days.
Hosting a Conversation
We'll be heading down South for the OpenText Enterprise World 2013: The Enterprise Information Management Conference. CMSWire will be tweeting and reporting most of the week from the conference -- follow along @cmswire with the hashtag #OTEW2013. The conference will be held at the JW Marriott Grand Lakes and the Ritz-Carlton from today through Thursday, November 21.
OpenText officials have told CMSWire the 2013 conference is all about hosting a conversation. They're excited about a new innovation track, their "Techie Tuesday" and a conference tone that will include a mix of technical offerings with philosophical, forward-thinking conversations.
And of course, the "big reveal" this year will be Wednesday's unveiling of the software solution Red Oxygen by Waterloo, Ontario based OpenText. Project Red Oxygen is a "choreographed release of software" that will help CIOs "drive an agenda of innovation and growth to accelerate time to compete in the information economy," OpenText officials said.
OpenText CEO Mark J. Barrenechea plans to introduce Project Red Oxygen during his November 20 keynote at the conference.
Things are already cooking down in the Sunshine State, as evidenced by conference attendees tweeting:
What's Been the Buzz?
Before we head down South, we thought we'd share a glimpse of the hottest trends we reported on at last year's OpenText conference.
For starters, one of the really big announcements last fall from OpenText’s customer conference was the release of the OpenText Cloud, the only cloud on the market at that moment specifically for enterprise information management (EIM).
Also at the 2012 show, OpenText announced the release of Tempo Social and Tempo Box for the Cloud. With Social and Box the focus is on secure social collaboration and secure information sharing in the cloud, with on-premises sharing already available.
With Tempo Social, users get an out-of-the box social collaboration solution in the cloud that comes with customization abilities as well as enterprise-level security and compliance features.
Some of the features include dashboards for monitoring the activity in Tempo Social including activity feeds and how communities are behaving. It also monitors individual and team profiles.
OpenText Q4 Report
This past August, OpenText reported that Q4 profits were up, but not as good as it may have hoped for; it did at the time result in a drop of 5 percent in its share price after trading closed that day.
OpenText’s figures show profits of $42.2 million over the quarter, up from $8 million in the same quarter last year. However, Q4 figures in 2012 were dragged down by a $20 million income tax charge, without which, OpenText would have reported profits of $28 million.
OpenText reported revenues for the quarter of $347 million, up 14 percent on the same quarter last year. Revenues for the entire year were $1.3 billion, up 13 percent for the year.
OpenText has told us it's poised for a strong run in 2014, and naturally we expect to hear more about it at this week's conference -- and maybe even a possible Mickey and Minnie sighting.