OpenText Offers Embedded Business Intelligence and Analytics Capabilities for Greater Intelligence, Quality Control and Traceability throughout the Manufacturing Process
WATERLOO, Ontario, July 16, 2015 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Information Management (EIM), today announced that iTAC Software AG has implemented OpenText to provide enhanced data visualization capabilities to its manufacturing software solutions. Using OpenText Actuate Information Hub (iHub), iTAC has the business intelligence (BI), operational and analytical capabilities needed to support customer demands for greater intelligence, quality control and traceability throughout the entire manufacturing process.
For over 15 years, Germany-based iTAC Software AG has helped companies merge the worlds of IT and manufacturing with highly specialized, cloud-based solutions for the manufacturing industries. The iTAC Manufacturing Execution System (MES) enables monitoring and management of every aspect of a manufacturing environment, optimizing both product quality and production efficiency.
In order to handle the enormous amounts of data produced in modern manufacturing the company needed a rapid, secure and effective solution to seamlessly produce customized reports, analysis and dashboards. Integrating iHub from OpenText Analytics into iTAC.MES Suite enables the data to be analyzed quickly and presented in a visually appealing and easy to understand format that provides meaningful insights. iHub is proven in these types of complex environments given its industry-leading design tools and APIs, making it possible to securely deploy and display interactive visualizations in any application, on any device.
"Transparency is the key to success in manufacturing, therefore powerful reporting, visualization and analytics are essential in an increasingly Digital-First manufacturing environment," said Peter Bollinger, chief executive officer at iTAC. "Our customers require the greatest possible transparency and decision-making capability for production control and help with the growing data, visualization and analytical demands related to the Internet of Things (IoT)."
Like the middleware of iTAC, the embedded business intelligence and analytics capabilities from OpenText offer improved mobility, online availability and cloud capabilities. Together they are an excellent solution for the industry 4.0 initiative of the Federal Government, offering a long-term, sustainable competitive advantage for iTAC and OpenText, as well as its customers.
"With iHub from OpenText Analytics, our customers can produce attractive, compelling visualizations in no time from a variety of application data," said Dieter Meuser, chief technology officer at iTAC. "By seamlessly integrating iHub into any IT architecture, we are able to provide our customers with the real-time data that is essential for every manufacturing company today."
Key benefits for iTAC customers includes:
- Secure integration and analysis of data--With iHub's Big Data capabilities, iTAC clients can access and analyze large amounts of data centrally. They can also standardize, merge and analyze key performance indicators (KPIs) from different manufacturing plants, offering the ability to compare information across time periods and locations as needed with stringent, role-based security.
- Enhanced reporting and customization--iTAC users can create individual, customized reports with personalized branding to present information in a visually appealing, user-friendly way. Users can develop appropriate metrics such as control levels, production, and outputs to identify areas for potential optimization, increased production efficiency, cost reduction and quality assurance.
- Support for the Internet of Things-- iHub supports the IoT capabilities of the iTAC solutions, providing users with enhanced mobility, online availability and cloud functionality and helping manufacturing companies create smart factories and supply chains through computerization, resource efficiency and other technological advances.
iHub is key component of OpenText Analytics and Reporting, delivering Big Data analytics, enterprise reporting and interactive dashboards. Helping organizations simplify, transform and accelerate their business results by providing greater insight from information, OpenText Analytics and Reporting is part of the OpenText EIM platform. The platform, consisting of five comprehensive and integrated product suites including Process Suite, Experience Suite, Discovery Suite, Information Exchange Suite and Content Suite, enables organizations to discover and manage information to spur growth and innovation and increase time to competitive advantage.
OpenText enables the digital world by simplifying, transforming, and accelerating enterprise information needs, on premises or in the cloud. For more information about OpenText (NASDAQ: OTEX, TSX: OTC) visit opentext.com.
About iTAC Software AG
Since its founding in 1998 iTAC Software AG (Internet Technologies and Consulting) has been specializing in providing internet technologies for the manufacturing industry. The manufacturer of standard software and products for cross-company IT applications is an industry leading system and solution provider of Manufacturing Execution Systems (MES) for the entire supply chain. Implementing the Internet of Things and Services has been the focus of the company's strategic direction right from the beginning. Its philosophy is connecting people, data and systems. iTAC develops, integrates and maintains its cloud-based iTAC.MES.Suite for manufacturing companies all over the world. As a specialist in highly-available, scalable and future-proof infrastructure solutions – based on the Java EE technology platform – it aims to set standards and to guarantee reliable IT-supported business processes. All software solutions are based on the technology framework iTAC.ARTES. Through this patented technology, iTAC delivers security and reliability, innovation and integration as well as openness and interoperation which are essential. Furthermore, iTAC develops and distributes iTAC.smart.Devices. These hardware components enable the IP-based integration of production lines and Human Machine Interfaces into iTAC.MES.Suite as a true extension of the Internet of Things. iTAC Software AG has its headquarters in Montabaur (Germany) as well as a branch in the USA and a global partner network for sales and services. Its customer base includes renowned companies from many different industries including automobile/-supplier, industrial, electronics/EMS/TC, medical technology, metallurgy and energy. For more information about iTAC Software AG, visit www.itacsoftware.com
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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