Open Text Corp at Morgan Stanley Technology, Media, and Telecom Conference (Virtual) Transcript

Mar 09, 2022 / 04:00PM GMT
Brandon M. McCann - Morgan Stanley, Research Division - Research Associate

Okay. Good morning. Thank you all for joining us this morning. We're joined by OpenText today, and we have Madhu, the EVP and CFO. Madhu to kick things off, maybe for folks who have a less well-known understanding of the company, could you just give us a quick overview of the business, what are the customer pain points that you're addressing and kind of what that market looks like?

Madhu Ranganathan - Open Text Corporation - Executive VP & CFO

Yes, I'm happy to, and thank you again for having OpenText and thanks, everyone attending today. So I'll start off with information management in all markets and all environments and particularly today, we strongly believe it's time for investors to engage in information management as a space. And for OpenText, the market itself, information management is $92 billion, very large. It's high value, and it's a CAGR of 9%. We are the leader in information management. We have a tenure, a history of 30 years. And when you think about the cloud, the

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