OpenText Achieves Full FedRAMP Authorization For Cloud For Government Solution; Enhances Federal Agencies' Citizen Experience With OpenText Extended ECM And AppWorks
Portfolio Pulse from Benzinga Newsdesk
OpenText has achieved full FedRAMP authorization for its Cloud for Government solution, enhancing federal agencies' citizen experience with OpenText Extended ECM and AppWorks.
June 14, 2024 | 7:46 pm
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OpenText has received full FedRAMP authorization for its Cloud for Government solution, which is expected to enhance the citizen experience for federal agencies using OpenText Extended ECM and AppWorks.
The full FedRAMP authorization is a significant regulatory milestone that allows OpenText to offer its Cloud for Government solution to federal agencies. This is likely to increase adoption of OpenText's products, potentially boosting revenues and positively impacting the stock price in the short term.
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