Even as new technologies have taken over enterprise IT communications, faxing still remains an easy way for organizations to send documents quickly. With this in mind, Open Text recently announced investments to its enterprise fax software have led to an increased lead in its global market share.
Faxing remains a primary method of closing transactions, especially those involving signatures. By expanding its investment, Open Text has made the process easier, faster and less expensive for companies still relying on fax machines. The process is still used heavily within the mortgage, healthcare and insurance industries since most transactions in these areas still require signatures or confirmations.
“Faxing remains an integral component in enabling mission-critical business processes for many industries and enterprises. Open Text Fax Server provides the best option in the industry to securely send, receive and store confidential business information while eliminating the need for standalone fax machines and paper-driven processes,” said Lubor Ptacek, vice president of project marketing for Open Text.
Open Text has enjoyed 2010 thus far. Previously, it received praise from international leaders after developing a social media application specifically for the G20 Summit, which helped attendees communicate securely and easily.