The deal is an expansion of an earlier implementation of Waterloo, Ont.-based OpenText's Process Suite platform
PARIS and WATERLOO, Ont.—Canadian Enterprise Information Management (EIM) company OpenText has won a contract to power Schneider Electric’s global supply chain platform.
Schneider Electric is a global automation and energy management company with annual revenues of about $33.4 billion (€24 billion) and more than 150,000 employees.
The deal is an expansion of an earlier implementation of Waterloo, Ont.-based OpenText’s Process Suite platform. Financial terms of the partnership were not disclosed.
“Schneider Electric was looking for a reliable partner offering a Business-to-Business (B2B) workflow management platform in the cloud, and able to work with us across our global operations. OpenText is a natural partner, and its expertise in B2B integration and the high quality service provided were key criteria for our decision to expand the deployment,” said
Philippe Azoulay, director of IT Supply Chain at Schneider Electric.
Schneider Electric’s common supply chain platform across the group allows for the critical exchange of information between B2B logistics providers worldwide, along with the introduction of new types of processes such as interbank cash transfers.
The Managed Services solution from OpenText will be the foundation to the OpenText Process Suite solution already in place, allowing Schneider Electric to define business process standards with all logistics providers and business applications.
“The challenge will be to scale the solution to allow the exchange of information across more than one hundred information systems, whilst meeting critical time constraints,” continued Azoulay. “With OpenText, we will simplify, transform and accelerate the implementation and deployment of integration services, allowing our logistics providers to securely share information flows globally, while reducing our total cost of ownership.”
OpenText Managed Services leverage OpenText Trading Grid, a cloud-based B2B integration solution that offers integration technology for enterprises to connect to their business partners quickly, securely and efficiently.
The OpenText Cloud processes more than 16 billion transactions per year for more than 60,000 customers and 600,000 trading partners around the world.