2.0
30 Jun 2010
Current employee
Waterloo, ON
Recommend
CEO approval
Business outlook
Pros
Open Text is the market leader in Enterprise Content Management as a consequence of their years of acquisitions: Ixos, Gauss,Magellan, FirstClass, Vignette, etc.
Cons
Open Text assures its financial profitability following each acquisition by reducing headcount - a very common practice. Then come the ripple effects: after marketing is gone new leads dry up; after leads are gone new sales dry up; after new sales are gone product investment dries up; after product innovation is gone you're living on the maintenance & support annuity.