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The effective management of IT hardware and software throughout its lifecycle is critical to maximizing value for companies.

While companies today populate their OpenText Universal CMDB with timely and accurate data from OpenText Universal Discovery, in the future this data can be enriched with additional non-discoverable and vendor and market data for hardware and software.

The partnership and integration of the world’s largest IT taxonomy enables companies to manage their IT assets at a granular level. At the same time, the breadth and depth of software and hardware asset data is expanded. This creates an even more robust and rigorous software compliance and security management, as well as proactive end-of-life hardware management.

„We are convinced that the partnership with Raynet and the integration of the world’s largest technology catalog will give our joint customers an enormous competitive advantage. Through normalized and enriched IT data, customers will benefit from daily updates to market and vendor information, such as End-of-Life (EoL), End-of-Support (EoS) and release data. This enables more proactive planning, improves license and regulatory compliance as well as cybersecurity,” says Jacques Conand, Sr. Director Product Management – Service Management at OpenText.

More transparency and less risk for IT Asset Lifecycle Management

Because the Raynet One Technology Catalog information is updated daily, the partnership supports a more proactive approach to enterprise-wide IT Asset Lifecycle Management.

This enables companies to

• enrich hardware and software asset data with important lifecycle information,
• proactively monitor the EoL and EoS status and identify risks at an early stage,
• reduce support and maintenance costs through a secure IT landscape,
• take measures to adhere to security and compliance guidelines.

“We are delighted that OpenText has selected us as a technology provider to help companies worldwide take their IT Asset Management to the next level. The new partnership is another milestone on our journey and underlines once again that with our technology catalog and the associated data quality, we are rolling out the red carpet for companies worldwide to optimize their IT investments and maximize their IT security,” says Ragip Aydin, CEO of Raynet.

Interested companies can now contact their OpenText and Raynet representatives for more information on the integrated solution.

About OpenText™:
OpenText™ is the leading Information Management software and services company in the world. OpenText helps organizations solve complex global problems with a comprehensive suite of Business Clouds, Business AI, and Business Technology.

Further information: www.opentext.com.