OpenText™ (NASDAQ: OTEX), (TSX: OTEX), a global leader in information management, today announced it has achieved the "In Process" designation for its OpenText Cloud for Government offering as one of the initial steps in the Federal Risk and Authorization Management Program (FedRAMP) authorization process.
The FedRAMP program promotes the adoption of secure cloud services across the federal government by providing a standardized approach to security authorization for cloud service offerings. The authorization process includes an in-depth examination of a solution's data security and data governance capabilities, as well as the security practices of its cloud services.
The OpenText Cloud for Government offering includes OpenText™ Extended Enterprise Content Management (xECM) Platform and OpenText™ AppWorks™, two core business applications within the OpenText Content Services information management portfolio. OpenText is committed to making its entire portfolio of market leading Content Services and Experience software products available as FedRAMP Authorized cloud solutions.
"The availability of FedRAMP Authorized information management cloud solutions from OpenText is a crucial step towards transforming the citizen experience across U.S government agencies, Cloud for Government combines content capture, storage, and document organization with archiving, records management, and imaging on a FedRAMP-compliant platform."
-Mark J. Barrenechea, CEO & CTO at OpenText.
The shift to cloud computing offers several important benefits including reduced Total Cost of Ownership (TCO). Lowering TCO enables organizations to shift focus and investment to their core, high-impact missions rather than on data center operations and application management. We're also excited by the potential for our information management cloud solutions to accelerate the pace of innovation, further enhancing the citizen's experience, said Michael Beck, President, US Public Sector at OpenText.
About OpenText:
OpenText, The Information Company™, enables organizations to gain insight through market-leading information management solutions, powered by OpenText Cloud Editions.