Waterloo, ON – 2024-01-17
OpenText positioned as a leader in the IDC MarketScape for multi-enterprise supply chain commerce networks
On January 17, OpenText announced that it has been named a leader for the third time in the IDC MarketScape: Worldwide Multi-Enterprise Supply Chain Commerce Network (MSCCN) 2023 Vendor Assessment (doc #US49948423, December 2023). According to the IDC MarketScape report, ‘OpenText’s portfolio includes strong artificial intelligence and machine learning capabilities integrated into Trading Grid, which provide optimized supply chain processes and improve business performance.’
The OpenText Business Network manages a secure, unified platform that integrates people, systems, and goods in the supply chain. Over 1.1 million pre-connected trading partners collaborate within this network, exchanging an impressive 33 billion transactions with a total value of $12 trillion. In addition to automating internal and external processes for improved efficiency, companies can also leverage a robust suite of cloud applications. These tools facilitate seamless collaboration and visibility throughout the supply chain, empowering participants to manage access to information and applications through advanced identity and access management features within the business ecosystem.