Open Text Opens South American Hub in Sao Paulo

Waterloo’s Open Text, the global leader in Enterprise Information Management (EIM), has announced the opening of a new office in Sao Paulo, Brazil. It will serve as the company’s South American hub.

The company also opened another office in the capital city of Brasilia.

Latin America is a vibrant market and the office expansion in Brazil is a sign of OpenText’s commitment to the region,” said CEO Mark Barrenechea“With a diversifying technology landscape and increasing Internet penetration, the country is in the midst of a technology boom which creates huge opportunity for businesses. By strengthening our presence in Latin America, we are now able to provide local organizations with solutions tailored to their specific needs to help them capitalize on their enterprise information.”

Open Text said one of its clients is Rexam, one of the world’s leading manufacturers of beverage cans and a market segment leader in South America, with 67 plants in 24 countries, 13 of them in South America

The fancy new office is over 800 square meters of green, environmentally friendly design. It will also host the South American tour stop for OpenText’s global “Innovation Tour” on May 7. The OpenText Innovation Tour is an extension of OpenText’s annual customer event Enterprise World held in Orlando, Florida

The publicly-traded company was first founded in 2000 and has since grown to over 5,000 people. It was technically born in 1994, as a small four-person consulting operation. The company was a spin-off of a University of Waterloo project that developed technology used to index the Oxford English Dictionary.

Today it has expanded its product offerings to include:

  • Enterprise Information Management—”an integrated set of product suites that deliver a unified developer platform, an engaging user experience and deep integration across suites to enable CIOs to partner with all lines of business.”
  • B2B Managed Services—”A comprehensive B2B integration solution, OpenText’s Managed Services solution provides companies with highly-skilled B2B specialists who assume the day-to-day operations for the customer, including ERP integration, mapping, on-boarding and technical support.”
  • e-Invoicing with Compliance—”Supporting regulatory compliance in more than 40 countries including Brazil and Mexico, OpenText provides a range of e-Invoicing solutions to offer a single solution to maintain tax compliance for electronic invoicing.”
  • Electronic Creation and Delivery of Boletos—”Track and report on payments that have been issued and paid, and receive a summary of bank fees incurred from Boletos to increase payment accuracy and eliminate any payment discrepancies.”

Photo by Financial Post


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