OpenText and Partners to Contribute $3 Million to Open Data Institute to Further Canadian Innovation - WSJ.com

abernard102@gmail.com 2014-02-13

Summary:

"OpenText(TM) (NASDAQ: OTEX, TSX: OTC), the global leader in Enterprise Information Management (EIM) and Canada's largest software company, today announced that as a founding partner in the Open Data Institute, the company and partners will contribute $3 million in cash and in-kind contribution over the next three years to support the proposed Institute. The announcement was made following the Canadian Federal Government budget news that contributions from founding partners in the Institute will be matched by the federal government in an initiative intended to maximize the innovation and commercialization potential of Open Data. Joining OpenText as founding partners in the public-private partnership are the University of Waterloo, Communitech, the Canadian Digital Media Network, and Desire2Learn ... OpenText has provided collaboration platforms for G20 and G8 forums globally and provides software solutions to many governments and enterprises worldwide. The company's EIM software enables extraction of value from unstructured data -- the massive amount of data hidden behind the firewall in enterprises and governments globally. Canada's Open Data program will provide access to previously unavailable caches of data to enable entrepreneurs to innovate and develop marketable applications.  OpenText has undertaken a number of initiatives within the last six months intended to directly seed innovation in Canada ..."

Link:

http://online.wsj.com/article/PR-CO-20140211-913429.html

From feeds:

Open Access Tracking Project (OATP) » abernard102@gmail.com

Tags:

oa.new oa.canada oa.odi oa.opentext oa.funders oa.psi oa.government oa.data oa.announcements

Date tagged:

02/13/2014, 09:20

Date published:

02/13/2014, 04:20