InvestorsHub Logo
Followers 137
Posts 41656
Boards Moderated 7
Alias Born 01/05/2004

Re: None

Monday, 02/07/2011 5:26:29 PM

Monday, February 07, 2011 5:26:29 PM

Post# of 30
OpenText Awarded Framework Agreement for Government Digital Data Management in the UK
PRNewswire
Waterloo, ON,
Feb. 7, 2011

The National Archives in the UK Approves OpenText as Provider for Public Sector Digital Continuity Project

OpenText (NASDAQ:OTEX - News) has been awarded a framework agreement for Digital Continuity, developed by Buying Solutions and The National Archives in the UK as part of the government's project to improve digital information management throughout the public sector.

Digital continuity is the ability for an organization to use information in the way that is needed, for as long as it's needed. Usable information is essential if the public sector is to operate transparently, legally and accountably.

The Digital Continuity Framework is part of a broader Digital Continuity Service offered by The National Archives and provides a shortlist of suppliers which can be accessed by anyone in the public sector to help them manage their digital continuity. OpenText has been awarded a framework agreement for two Lots: digital archiving solutions and data quality solutions.

OpenText's Senior Account Manager for Central Government, Stephen Walsh, said: "The exponential growth in digital data volumes presents a challenge to any organization; but it places particularly huge demands on public sector organizations. Without effective data management systems in place, digital information can become incomplete, unavailable or unusable over time. If government bodies cannot guarantee access to this data, it can have a serious negative impact on service provision to the public - and also threatens their ability to operate legally.

"The UK government fully appreciates the necessity of managing digital continuity, but it's often difficult for individual public sector organizations to know how to improve their digital information management, or how to procure technology and services that will help them do this. The Digital Continuity Framework is an extremely welcome tool that makes it easy for the public sector to procure the tools they need to manage this mountain of digital data," continued Walsh.

The Digital Continuity Framework agreement is for two years, with the option to extend it for two additional one year periods. The criteria for the Data Quality Solutions Lot of the framework required technology that enables users to access data from a variety of structured data sources; relate data between distinct data sources; and profile the data using patterns, rules and statistical methods. It also required the ability to drill-down into the actual data from a profile produced by the technology; provide a range of reporting options; and suggest or fix identified data quality issues.

The Digital Archiving Solutions Lot specified technology that can acquire information from a live system into the archive; manage retention policies applied to the archived information; place archived items on hold to override any other retention policy; and ensure the integrity of the archived information. Furthermore, it must enable user discovery and retrieval of the archived information; report on the contents of the archive; control access to the content of the archive and record provenance data about items transferred into the archive.

"The award of the Framework agreement for Digital Continuity recognizes OpenText's expertise in the field of digital data management; and we look forward to working with public sector bodies to help them ensure that key digital information remains accessible and useable in the long term," said Walsh.


About OpenText

OpenText, a global ECM leader, helps organizations manage and gain the true value of their business content. OpenText brings two decades of expertise supporting 100 million users in 114 countries. Working with our customers and partners, we bring together leading Content Experts™ to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visit www.opentext.com.

About the Digital Continuity Project

The National Archives has a digital continuity service that the public sector can use to manage digital continuity. It comprises guidance, a self-assessment risk assessment process, a free format profiling tool called DROID, and a Framework of commercially-provided technical tools and services. The service is available from: www.nationalarchives.gov.uk/digitalcontinuity

About Buying Solutions

Buying Solutions is the national procurement partner for all UK public services and is part of the Cabinet Office's Efficiency and Reform Group.

Its role is to maximise value for money for government departments and organisations across the wider public sector through the efficient procurement and supply of vital goods and services.

Buying Solutions delivers best value by aggregating demand, managing the OJEU procurement process and providing ongoing management of framework agreements and other procurement arrangements thereby saving you time, money and effort.

Serving customers in Central Government, the Health sector, Local Government and the wider public sector, we provide access to trusted, EU-compliant framework agreements and other sustainable procurement solutions.

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on Open Text's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. Open Text's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see Open Text's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, Open Text disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Copyright © 2011 by Open Text Corporation. OPENTEXT is a trademark or registered trademark of Open Text Corporation in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text Corporation or other respective owners.

http://finance.yahoo.com/news/OpenText-Awarded-Framework-prnews-1997077266.html?x=0&.v=16

invest at your own risk, based on your own due diligence, at your own risk tolerance

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent OTEX News