Open Text, a leading provider of enterprise content management technology, recently announced that it would integrate and expand its analytics offerings in its Open Text ECM suite.
The analytics tools were recently made available to Open Text when it acquired Nstein Technologies. The product formerly sold by Nstein as the Text Mining Engine will now be marketed as Open Text Content Analytics.
The information retrieval solution will allow users to analyze content from ECM websites, email, regulated documents, social media, OCR-treated scanned images and content in business systems like Oracle.
Eugene Roman, chief technology officer for Open Text, says that the analytics tools will help users focus their content relevance in mobile and web applications.
"Companies need better ways to analyze, personalize, and synthesize unstructured content and that”s the technology and expertise Nstein and its people add to Open Text," says Roman. "By integrating Nstein”s technology into our ECM Suite, we”ll deliver more powerful solutions that will help our customers gain more value from content, and even create new revenue streams both inside the corporation and throughout their networks of stakeholders."
Open Text bought fellow Canadian software company Nstein in early 2010. The deal was for $36.3 million.