Mining & Metals
Open Text Announces European Cloud Solutions Partnerships
Open Text (OTEX.TO) said Monday, it will offer some of its enterprise data and AI solutions on the AWS European Sovereign Cloud, a new independent cloud-based infrastructure for Europe.The AWS European Sovereign Cloud is separate from current AWS global regions and is backed by "strong technical controls, sovereign assurances, and legal protections" to meet the needs of European governments and enterprises, company said in a statement said.OpenText separately announced a strategic partnership with S3NS, which is an alliance between Thales, a French cybersecurity company, and Google Cloud, to offer to European organizations a cloud platform that meets strict French security and compliance criteria.The partnership delivers a hybrid cloud architecture for Europe out of France, helping organizations to keep their most sensitive data workloads within a locally governed environment, while leveraging hyperscaler cloud services for non-sensitive workloads, innovation, and scale, a statement said."Across Europe, organizations are seeking innovation that preserves sovereignty and control. OpenText is delivering on that need by pairing hyperscaler innovation with an independently governed operating model, giving customers the confidence to modernize while keeping their data, access, and operations securely under regional control," said chief information officer Shannon Bell.OpenText shares closed up $0.43, to $28.83, on Friday on the Toronto Stock Exchange.
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