OpenText Completes its Acquisition of Dell EMC Enterprise Content Division, including Documentum

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A recent post from OpenText about the acquisition:

As many of you know, OpenText has recently completed on the previously announced acquisition of Dell EMC’s Enterprise Content Division, including Documentum. This acquisition cements OpenText’s position as the ECM market leader and represents an exciting time for the company!

Firstly, Documentum is here to stay. We are committed to protecting Documentum customers’ investment with new innovations and continued support for both the OpenText Content Suite and OpenText Documentum. OpenText will expand ECD’s strategy of developing next generation, cloud-native content applications based on the OpenText LEAP Platform. The acquisition of Documentum only strengthens OpenText’s position as the Next-Generation Cloud Content Services Leader and helps drive our promise to accelerate Digital Transformation for our customers.

Integrating the ECD portfolio within the OpenText EIM solution presents an amazing opportunity for all of OpenText’s customers. And, with our Innovation Tour continuing to travel around the globe we have a perfect opportunity to share our vision. For example bringing analytics and intelligence to Documentum, D2, Life Sciences Application, Capture, InfoArchive and Leap.

The Innovation Tour is an exciting opportunity to hear more about how the OpenText roadmap will encompass all of the ECD products to deliver on the promise of digital transformation. I am also excited to deliver a live code demonstration of the very first integration of an ECD product into the OpenText suite.

How to Decommission and Migrate Away from Legacy LOS

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If you’re using a homegrown or legacy loan origination system (LOS) but have been hesitant to decommission and migrate away from it because of the expense and headaches involved, you need to know about InfoArchive from EMC.

What Is InfoArchive?

InfoArchive is an enterprise archiving platform that stores related structured data and unstructured content in a single consolidated repository that is much more cost-effective and stable than legacy information systems. As a result, InfoArchive helps focus your IT budget on innovation rather than maintaining old software.

Migration Services

MetaSource professional services ensures that your archival data is migrated to InfoArchive. To ensure this, we also keep your old software system running for a period of time in case of any hiccups. Once this period of redundancy is no longer needed, we fully decommission the old software.

The Case for Migration & Decommissioning

There are four main reasons for doing this:

  1. Cost Savings: either the cost of what you’re being charged by the vendor for software maintenance (often 20% of the original cost) and/or the annual fully loaded cost of everyone on your team that is employed to keep the system running
  2. Opportunity Cost: the value of what your employees could be doing who are instead using and maintaining the old system
  3. QC: does the vendor or your internal team adhere to the principles of dev ops, continuous engineering and agile development? The developers behind InfoArchive do…
  4. Risk Mitigation: with older software, there are usually only a few people that even know how to keep it running – what happens if they get hit by a bus?

Thus, if you’re using a legacy or homegrown LOS, then InfoArchive combined with our professional migration services can be the answer. The first step is to conduct a no-obligation, legacy LOS audit to determine the scope of the migration and decommissioning, so contact us today to get started.

Healthcare Agency Recoups 2,400 Hours of Productivity with AX

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By implementing ApplicationXtender , a behavioral healthcare agency has recouped 2,400 hours of productivity per year by cutting the time in half for processing 8,000 patient records per month across three locations.

The Challenge

The healthcare agency wanted to quickly search and retrieve documents directly within their EHR instead of having to pull paper medical records or train their support staff on document management software. After talking with a few other behavioral health agencies, they purchased 10 licenses of AX and entered into a new era of productivity.

ApplicationXtender Impact

  • AX stores approximates 270,000 documents across 50 document types with about 8,000 new documents being ingested every month
  • AX has eliminated the need to send more documents to offsite storage
  • AX saves a lot of headache for each Joint Commission audit held every two years
  • The EHR integration has enabled complete adoption across 13 physicians, 50-60 clinicians and the support staff