Open Text Corporation (NASDAQ:OTEX) Barclays 22nd Annual Global Technology Conference December 12, 2024 4:20 PM ET
Company Participants
Greg Secord – Vice President, Investor Relations
Madhu Ranganathan – President and CFO
Conference Call Participants
Raimo Lenschow – Barclays
Raimo Lenschow
Welcome to our next session. I know as a speaker we have like Madhu, and Madhu will join us in a minute, but Greg is — because she’s stuck on traffic. So, Greg is going to start with me. So, we can ask all the questions you always wanted to ask. But Greg, thanks for joining us for a start.
First thing I wanted to go, and it’s also good to have you here, like you just had your big customer conference their kind of Analyst Day. Can you talk a little bit about what were the highlights? What was the message you wanted to convey and what were the highlights from there?
Greg Secord
So, I think the — it was a product conference, and we did have some investors there, but it really was about the upgrade to Titanium X, which is a product cycle that we have. It’s a 2-year product cycle. Very focused on the SaaS functionality coming into some of the traditional OpenText Cloud products and overall cloud functionality coming into the Micro Focus products that we acquired.
So, it’s that April is comes to the — kind of that high water point as far as delivering on the Titanium X. So, we were outlining what some of those enhanced functionalities would be. In the cloud we were highlighting some more of the AI-oriented integration pieces and what we were coming to market with and just a broader discussion there with customers. So, we were quite excited by the feedback and customers got engaged as far as their structure and their needs were.
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