WATERLOO - Open Text(TM) Corporation announced that it has received the highest rating possible, a "Strong Positive," in leading analyst firm Gartner's 2009 "MarketScope* for Records Management," published on Sept. 10, 2009 and authored by Kenneth Chin.

According to Gartner's report, "Demand for records management solutions continues to grow, as the technology is imperative if an organization is to effectively implement an enterprise-wide records management program." According to Gartner, by 2013, 50 percent of all Global 2000 companies will implement enterprise-wide records management solutions.

The report also noted, "As emerging consumer and social software tools like wikis, blogs and Twitter are adopted at an enterprise level, this additional content may also need to be managed as records."

"We could not address the risks and regulatory challenges of information without a comprehensive records management solution," said Chuck Piotrowski, Corporate Records Manager, Central Vermont Public Service. "Open Text provides trusted technology leadership and expertise that has been essential to our success. With Open Text's fully integrated solution, records management becomes a core piece of ECM strategy, and we can use the solution to support enterprise applications such as SAP and Microsoft SharePoint."

"Records management remains a critical priority for our customers because the demands of regulatory and legal compliance are continuing to grow in most markets around the world," said Lubor Ptacek, Vice President of Product Marketing at Open Text. "Our focus has been to give customers the power to define consistent records management rules for content across a range of enterprise systems. That's ultimately what they need to implement a consistent records and compliance strategy for the entire organization."

Open Text's records management solution provides full lifecycle management of information, helping customers to automatically or manually file records according to key policy, regulatory and legal requirements. Open Text offers records management integrated with archiving, metadata management, search and storage management capabilities in its Enterprise Library, a foundation of the Open Text ECM Suite and its services-oriented architecture. Open Text's solutions provide records and content lifecycle management across multiple systems and applications, including SAP, Oracle, Microsoft SharePoint, email, file systems, digital assets, and more.