The Lava Systems team that originated in the late 1990s and which is an affinity partner of Canadian-based Open Text Corporation, today announced that Tshimong Investment Holdings, a wholly owned black company has invested with the team to create Lava Systems Africa (Pty) Ltd.
Tshimong Investment Holdings, the trading name of Thabang (Pty) Ltd, is a group of black professionals who recognised the need to combine their collective experience to address transformation requirements while still creating value.
"We will be providing some of the operational leadership in this new venture," commented Mokati Ramphele, a Director of Tshimong Investment Holdings. "This opportunity is extremely exciting as the Livelink product is one of the world leaders within the integrated document management market, according to the relevant `magic quadrant` produced by Gartner."
"Open Text Corporation is fully committed to the African market," added Marco Palatini, Open Text`s Executive Director of Business Development, who is based in Switzerland.
"We are delighted to see the fusion between the very high quality Livelink skills of the Lava Systems team and the strong empowerment and operational management capabilities of Tshimong Investment Holdings."
Open Text Corporation is the market leader in providing enterprise content management (ECM) solutions that bring together people, processes and information in global organisations. Since launching the world`s first Internet search engine and the first Web-based enterprise collaboration and knowledge management software, Open Text continued its leadership in providing global enterprises with innovative and effective solutions. Throughout its history, Open Text has matched its tradition of innovation with a track record of financial strength and growth.
Today, the Canadian-based company supports 15 million seats across deployments in 31 countries and 12 languages worldwide. Open Text`s flagship product, Livelink seamlessly combines collaboration with content management, helping organisations transform information into knowledge in order to provide the foundation for innovation, compliance and accelerated growth. Open Text acquired Germany`s Ixos Software AG in February this year to become the largest ECM software vendor in Europe and the largest pure-play ECM software vendor in the world, according to Bradley West, an analyst with Southwest Securities Inc.
The Livelink product has been in SA since 1998 when it was installed by Alexander Forbes, one of SA`s leading financial service organisations. Since then, Livelink has been adopted by many other leading organisations.
For further information, please contact Iain McMurray, Lava Systems Africa: telephone (011) 675 3704, fax (011) 675 1021, e-mail ianm@lavasystems.co.za
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The Lava Systems Africa (Pty) Ltd team originated in the late 1990s with the objective of becoming a premier supplier of enterprise systems based around knowledge management, document management, records management, image management, scanning and workflow solutions. The emerging demands that were identified included government process re-engineering, supply chain co-ordination, customer relationship management, e-government and B2B processing.
In support of these business aims, the technology platforms chosen had to enjoy a proven global track record and adhere to open Internet architecture standards and developments. Lava Systems Africa is now a South African-based BEE company dedicated to the sales, marketing, support and consultancy based around the Livelink product from Open Text, a product that the staff have been involved with since 1998. Lava Systems Africa`s user base embraces customers from both the private and public sector and includes organisations such as Bateman Projects Limited, Alexander Forbes, the Gauteng Provincial Government and the National Social Security Fund of Uganda.
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