OpenText, SAP to Accelerate B2B Managed Services In the Cloud

OpenTextâ„¢ (NASDAQ: OTEX, TSX: OTC) and SAP SE (NYSE: SAP) said they will team up to provide B2B managed services capabilities to multi-national businesses.

OpenText B2B Managed Services is an outsourced solution for managing the day-to-day B2B operations required when exchanging a wide variety of transactions with trading and business partners. It includes managing the B2B integration platform known as the OpenText Trading Grid, part of the OpenText Cloud. More than 600,000 trading partners currently connect to the OpenText Trading Grid.

OpenText enables the digital world by simplifying, transforming, and accelerating enterprise information needs, on premises or in the cloud.

Ariba is the world´s business commerce network. It combines industry-leading cloud-based applications with the world´s largest web-based trading community to help companies discover and collaborate with a global network of partners.