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