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OpenText Launches New Artificial Intelligence (AI) Platform to Enable Business Insight

By   /  July 12, 2017  /  No Comments

by Angela Guess

A new press release states, “OpenText™, a global leader in Enterprise Information Management (EIM), today announced the availability of OpenText Magellan, the company’s new Artificial Intelligence (AI) platform. OpenText Magellan is a flexible AI and analytics platform that combines open source machine learning with advanced analysis and the capabilities to acquire, merge, manage and analyze Big Data and Big Content. Unveiled and demonstrated at OpenText Enterprise World 2017, Magellan’s cognitive computing platform offers users machine-assisted decision making, automation, and business optimization, in an easy to use and affordable package.”

The release continues, “OpenText Magellan is a cost-effective solution built on a cohesive, highly scalable infrastructure equipped for handling massive amounts of structured and unstructured data. Powered by OpenText Analytics, and Apache Spark, OpenText Magellan integrates across any EIM architecture to dramatically reduce the time, effort and expertise required to leverage the value of advanced analytics in decision making and task automation.”

Mark J. Barrenechea, OpenText CEO and CTO, commented, “Enterprises have created vast data lakes of information over the last decade, and OpenText Magellan helps to organize that information and unlock its value… As automation advances at incredible rates, and enterprise data grows larger, OpenText Magellan brings the power of analytics, algorithms and statistical models to organizations around the world for advanced decision making and better business insight. With OpenText Magellan, we are moving towards a more open, scalable and affordable future for AI. OpenText is committed to ensuring AI is designed into its offerings from day one.”

Read more at opentext.com.

Photo credit: OpenText

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