OpenText Cybersecurity MSP/MSSP Survey Finds Customers Seek AI-led Comprehensive Security Expertise for Threat Detection and Vulnerability Management [Yahoo! Finance]
Open Text Corporation - Common Shares (OTEX)
Last open text corporation - common shares earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
WATERLOO, ON June 10, 2024 /PRNewswire/ -- OpenText (NASDAQ: OTEX, TSX: OTEX) today released the findings of its annual OpenText Cybersecurity Global Managed Security Survey. The 2024 survey of over 1,500 Managed Service Providers (MSPs) and Managed Security Service Providers (MSSPs) found that the majority (92.5%) see increasing AI-led security and threat intelligence services as the major drivers of business growth over the next 12 months. Even with the AI buzz, comprehensive security and composable on-demand security expertise remain the primary reasons enterprise and SMB customers seek MSP/MSSP services. "Amid the growing excitement and interest in AI technologies, it's crucial not to overlook the foundational need for composable security which provides the ability to adapt to changing security needs," says Prentiss Donohue , Executive Vice President, OpenText Cybersecurity. "MSPs and MSSPs play a critical role in safeguarding their customers' sensitive data. As cyber threats e
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News
- Open Text Co. (NASDAQ: OTEX) had its price target lowered by analysts at Citigroup Inc. from $37.00 to $32.00. They now have a "neutral" rating on the stock.MarketBeat
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- Open Text Co. (NASDAQ: OTEX) had its price target lowered by analysts at CIBC from $38.50 to $36.00. They now have a "neutral" rating on the stock.MarketBeat
- Growth And Income? These Tech Stocks Offer Both [Yahoo! Finance]Yahoo! Finance
OTEX
Earnings
- 5/2/24 - Beat
OTEX
Sec Filings
- 5/15/24 - Form 8-K
- 5/8/24 - Form 8-K
- 5/2/24 - Form 10-Q
- OTEX's page on the SEC website