Overall impact
B (72)

Commentary

Open Text is a strong overall performer. With a 'B' rating of 71.7 for overall impact (85th percentile compared to all companies), Open Text ranks 15th out of 137 industry peers, behind Mimecast, Audioeye, Xunlei and 11 others, and ahead of Eplus, Aware, Inc., Phunware and 119 others. On top material causes for Open Text's industry (Software & Services), Open Text performs well in Free, Secure Flow of Information (82.7 score), Lgbtq Equality (81.5), Decent, Safe Work Opportunities (86.0) and 5 other causes where it received an 'A' score and performs poorly in Equal Pay and Opportunity (32.3 score).
Impact
Cause OTEX
Peer rank
Overall impact

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Company
Employees
19,900
Sector
Information Technology
Industry
Software
Sub-industry
Application Software
SASB industry
Software & IT Services
Headquarters
On, Canada
Share classes
OTEX
Description
Open Text Corporation engages in the provision of information management products and services. The company offers content services, including content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving. It operates an experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation. It also provides cybersecurity cloud solutions to protect, prevent, detect, respond, and quickly recover from threats across endpoints, network, applications, IT infrastructure, and data, along with AI-led threat intelligence. These solutions aim to protect critical information and processes through threat intelligence, forensics, identity, encryption, and cloud-based application security. In addition, the company offers a business network cloud for digital supply chains and secure e-commerce ecosystems, including digitizing and automating procure-to-pay and order-to-cash processes. It provides IT operations management cloud for the automation and advancement of IT support and asset management, as well as analytics and AI cloud solutions that offer artificial intelligence with practical usage to provide organizations with actionable insights and better automation, such as visualizations, advanced natural language processing and understanding, and integrated computer vision capabilities. Furthermore, Open Text provides application automation cloud, developers cloud, and services. The company has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, DXC Technology Company, Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.
Material causes
Ethos considers the following causes material for Open Text, based on its industry sub-industry Application Software. Learn more about material causes in our methodology overview.

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