RealTime IT News

Open Text Now Exec Member of ASP Industry Consortium

[Waterloo, CANADA] Open Text Corporation (Nasdaq:OTEX)(TSE:OTC) today announced that it has joined the Application Service Provider (ASP) Industry Consortium as an executive member.

An application service provider manages and delivers application capabilities to multiple entities from data centers across a wide area network, giving customers a viable alternative to procuring and implementing complex systems themselves.

Though the ASP market is relatively new, computer industry analysts foresee rapid growth and multi-billion-dollar annual sales within the next few years. End users cross industry lines and include anyone from the small office/home office (SOHO) client to large corporations and from complex businesses to specific verticals.

Comprising over 700 members in 28 countries worldwide, the ASP Industry Consortium is an international advocacy group designed to promote the ASP industry and its dealings by sponsoring research, fostering open industry standards, establishing guidelines, encouraging best practices, and communicating the measurable benefits of the ASP delivery model.

"ASPs offer enterprises cost effective means to support their own e- business initiatives without incurring the responsibility of ownership," said Andrew Pery, vice president of Global Marketing at Open Text.

"Additionally, with Livelink as an ASP offering, organizations can now transform their e-business solutions into dynamic collaborative commerce applications."

"Open Text's Livelink is ideally suited for the ASP delivery model because it is entirely Web-based and can be deployed rapidly," said Steve McClure, a Research vice president at IDC.

Founded in May of 1999, the Application Service Provider Industry Consortium is an international advocacy group of more than 675 companies formed to promote the application service provider industry by sponsoring research, promoting best practices, and articulating the measurable benefits of this evolving delivery model.