Fortune Magazine Ranks Open Text 15th Among World’s Fastest-Growing Companies

When I joined Open Text in May '09, one of the key things that attracted me was their growth prospects. Recently those growth prospects were recognised with Open Text earning a spot on Fortune's 2009 list of the 100 Fastest-Growing Companies.

Interestingly, one of the comments of the article is whether the company's growth prospects will continue. If you spent a week with me meeting customers, you'd not question their potential for growth. Astutely, the company is increasing it's investment in the Asia-Pacific-Japan (APJ) markets that have the highest growth prospects.

From the press release:
Open Text ™ Corporation (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Content Management (ECM), has earned a spot on Fortune’s 2009 List of the 100 Fastest-Growing Companies, ranking 15th overall and 6th on the list’s breakdown of fastest-growing tech companies.

Companies on the list, described by Fortune as “the world’s supercharged performers,” are ranked based on an analysis of profit and revenue growth rate and total return over a three-year period. To qualify, each company must be traded on a major U.S. stock exchange, have a minimum market capitalization of $250 million and have revenue of at least $50 million. Open Text realized a three-year profit increase of 132 percent and revenue growth of 27 percent for the same time period.

Open Text is the world’s largest independent provider of ECM software. The world’s largest corporations and government agencies depend on Open Text’s solutions to manage a wide range of information -- documents, vital records, Web content, digital media and email – as well as related business processes and employee collaboration.

“We’re proud to be included in Fortune’s ranking,” said John Shackleton, President and Chief Executive Officer of Open Text. “ECM has continued to grow as a strategic requirement in global organizations. We have worked over the last few years to build our global leadership in ECM and offer the latest solutions that help customers use the power of their content to improve their business.”

Image by Ivan Petrov


posted by Lee Gale @ 1:58 AM, ,

Jaguar XJ

Continuing on the roll that I blogged about with the C-Type, Jaguar has unveiled the new XJ.

Auto Express has some pretty good video coverage of the launch and links to tonnes of images.

Like the XF, they've gone with a revolutionary approach, rather than an evolutionary one. Having said that, their is a lot of XF in the new XJ, but that isn't a bad thing. has a pretty good video (below):


posted by Lee Gale @ 1:49 AM, ,


In March '09, I confessed in 0-60 champions! that I'm a secret admirer of the ML63.

I know, I'm not supposed to be. Instead, I'm supposed to be sick by the vulgar display of power, weight and a high-center of gravity.

But I'm not.

So, it's time for another confession: I think I really like the BMW X6M.

I think it might have something to do with the 4.4 L twin-turbo V8 pumping out 408 kW.

Check out the review at AutoExpress and the Fifth Gear and Top Gear Australia videos of the stock versions (not the M) below:


posted by Lee Gale @ 1:47 AM, ,


I added this book to my Amazon wish-list after having read The Price of Loyalty and being intrigued by the viewpoint:

"When this project officially began in February 2003, I was heartened, though not surprised, to find Paul O'Neill had a striking view of the value of secrecy - that it had almost no value. We both happened to have read Secrecy, a 1998 book by Daniel Patrick Moynihan, a friend and mentor to O'Neill, who wrote that twenty years on the Senate Select Committee on Intelligence had taught him a single sterling lesson: The threat to our national security is not from secrets revealed, it's from bad analysis."

Daniel Patrick Moynihan (as per wikipedia) was an American politician and sociologist. A member of the Democratic Party, he was first elected to the United States Senate for New York in 1976, and was re-elected three times (in 1982, 1988, and 1994). He declined to run for re-election in 2000. Prior to his years in the Senate, Moynihan was the United States' ambassador to the United Nations and to India, and was a member of four successive presidential administrations, beginning with the administration of John F. Kennedy, and continuing through Gerald Ford.

The books originated when, in the Post–Cold War Era, the 103rd Congress enacted legislation directing an inquiry into the uses of government secrecy. Moynihan chaired the Commission. The Committee studied and made recommendations on the "culture of secrecy" that pervaded the United States government and its intelligence community for 80 years, beginning with the Espionage Act of 1917, and made recommendations on the statutory regulation of classified information.

The Committee's findings and recommendations were presented to the President in 1997. As part of the effort, Moynihan secured release from the Federal Bureau of Investigation of its classified Venona file - the history of which is truly fascinating:
  1. President Truman was not told of the contents of made aware of the contents of these decryptions; and
  2. It's potential impact to have shed much needed light on Alger Hiss, the Rosenbergs and Kim Philby, Donald Maclean and Guy Burgess.

This file documents the FBI's joint counterintelligence investigation, with the United States Signals Intelligence Service, into Soviet espionage within the United States. Much of the information had been collected and classified as secret information for over fifty years.

Mr Moynihan looks at how this culture has impacted decades of American politics, including the Iran-Contra affair and pretty much the entire Nixon administration with it's disastrous culmination in his impeachment.

He also looks at the economic & functional costs of such a culture.

A big part of my interest in this book was how it provided perspective on the Bush II administration and how it can be viewed through the lens of books such as The Price of Loyalty, The One Percent Doctrine and State of Denial. Aside from the Cheney agenda contained within each and it's domination of the administration, all show how a culture of secrecy shaped thinking - even to the point of insane stupidity.

Don't be misled, however: Mr Moynihan wasn't advocating abolishing of secrecy, merely that it shouldn't hidden from scrutiny and that it has a 'shelf life' before it's costs outweigh it's benefits.

Beyond politics, I think many of these lessons can be applied to the workplace. People hoard information as if it is a competitive differentiation for them with their colleagues i.e. people working for the same organisation sharing the same organisational goals. In that context, I was given great advice a long time ago: information isn't power, it's a burden.

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posted by Lee Gale @ 1:27 AM, ,

Jaguar C-Type

This is the Big Cat’s all-new rival for Porsche’s Boxster – a compact two-seat roadster that promises performance and style at an affordable price.

As well as the Boxster, rivals include the Audi TT, BMW Z4 (tested on Page 50), Nissan 370Z and Mercedes SLK.

Jaguar is really on a roll having nailed it with the XF and news of the XE (the XJ220 revival) but also having axed the X-type due to poor sales (it was a crappy car!).

I think they'll nail this one if they drop the range of engines all taken from the XF into the C-type - an entry-level 235bhp 3.0-litre V6 version and a 380bhp 5.0 V8 flagship, both featuring Jaguar’s excellent six-speed automatic gearbox, complete with steering wheel-mounted paddles.

This Boxster rival, along with the XE, are on the drawing board, though, and would arrive in 2012 at the earliest.

Checkout the write-up at Auto Express and those sexy pictures:


posted by Lee Gale @ 2:20 AM, ,

SAP World Tour 2009

Earlier in August, I had the good fortune of attending some of the events as part of SAP World Tour 2009 in Sydney.

It was in a similar theme to SAP World Tour 2008 - business issue focused rather than being about technology per-se.

A highlight of the tour was speaker Jeffrey Word, who is also the editor of the book Business Network Transformation. The research in the book focuses on business network transformation (BNT) as it is being executed by leading corporations and is illustrated with extensive real-world examples of successful strategies used by well-known brands. Readers will learn how BNT manifests itself in every aspect of their business and how they can effectively transform their own business networks to achieve competitive advantage and differentiation

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posted by Lee Gale @ 2:29 AM, ,

More Porsche Panamera

Way back when the web was at version (January '09 for the rest of us) I took a look, or was that a swipe, at the Porsche Panamera.

I don't think my views on this have altered much. If you buy a Panamera, the stats say this isn't your only car. The typical 911 owner has 3 cars, if I recall my stats correctly, and this is part of Porsche's ploy to get more wallet share from each customer.

But if you are going to buy 3 cars, wouldn't you want them to be the best-in-class at the task you intend for them?

This was my point when I looked at a Panamera competitor, the Aston Martin Rapide . My comments there were focusing on these cars as big saloons, but the other niche they are targeting is the 4-seater coupe market where cars like the Mercedes CL (sorry, soon to be S-Class coupe), Maserati GranTurismo and the like are popular. And again, to labour the point, whilst the Rapide may make headway against that market because it is dead sexy, the Panamera is, well, ugly.

Interestingly, all the reviews seem to indicate that despite the terrible looks, the car drives like a Porsche. Checkout the reviews from and AutoExpress.

Also worth checking out are these videos:

Top Gear's Panamera vs the postman (which will likely get yanked as it isn't BBC official material)'s test drive


posted by Lee Gale @ 3:25 AM, ,

SAP Value Engineering

As part of my recent travels to Ontario, I spent three days with the Open Text APJ SAP team and some smart guys (Bill & Kris) at Open Text's head-office learning the in's and out's of SAP's Value Engineering process, specifically how it pertains to Open Text's solutions for SAP.

SAP Value Engineering is the process of looking at the value lifecycle for a company's IT investments from discovery to optimization:
During the training, our focus was on the Value Discovery process - essentially building the business case.

Now, for the cynics out there, you'll be chuckling away wondering: what sane customer would put any value on an IT vendor's business case?

Having gone through this process and having spent years working in the SAP ecosystem, I can tell you the key reason customers value this process is not solely for the initial business case itself - although that is quite value.

What is truly valuable is gaining a thorough understanding of what you need to deliver in order to generate value from an investment. This insight is equally useful for both parties and helps create a partnership on the road to actually realising that value.

The alternative process is that an organisation sets their budget for a project, engages vendors, picks the lowest price offer and delivers a project that could be on-time and on-budget... but totally misses the opportunity to deliver spectacular business transformation and returns because the parties involved don't really understand where the opportunity was.

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posted by Lee Gale @ 1:12 AM, ,

Aston Martin Rapide

I know it's product marketing 101: target a niche, succeed, move to adjacent niches and repeat.

But when is it a niche too far? When does that next niche devalue the brand promise built in the past?

I think Porsche have gone too far with the Cayenne and the Panamera and now Aston Martin is doing it with the Rapide.

Would I think of Aston when looking for a big four-door saloon? No, I'd want total luxury from the back seat with some get-up-and-go. An Audi A8 W12 would do the trick as would a Mercedes S600 (remember, I'm not a BWM fan, but the 7 series is a good car).

If you don't want a mainstream German brand and want to stand out a little? How about a Bentley Continental Flying Spur?

Granted, the Rapide is a much better looking car than the Panamera, but I'm still not sold.

Would I think of an Aston when looking for a two-door GT? Absolutely! I'd definitely checkout the V12 Vantage.

There is further coverage of the Rapide at World Car Fans, Auto Express and Car & Driver.

Also worth a look is the Rapide lapping the Nürburgring:


posted by Lee Gale @ 1:55 AM, ,

Dopplr for the iPhone

Back in May, I blogged Where am I? and took a look at the apps available for planning & sharing your travel.

Since then, Dopplr has released a version of their app for the iPhone, and I must say - it's quite good!

I used it whilst over in Toronto, and the Social Atlas feature is incredibly useful!

From their website:

"Because your iPhone knows your location, the app can show you nearby places to eat, stay and explore, as recommended by the Dopplr community. It also comes with built-in recommendations for 250 popular cities around the world.

With a single tap, you can add new places you've discovered to the Dopplr Social Atlas. You'll be able to confirm these additions, and enter more details, next time you log in to"

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posted by Lee Gale @ 1:17 AM, ,

Bugatti Veyron Grand Sport

Great coverage of the Bugatti Veyron Grand Sport by Auto Express as well as at Edmunds.

The Bugatti Veyron Grand Sport can lay claim to being the world’s most incredible convertible. Apparently the engineering that went into loping to roof off was significant - it was a case of taking 10 steps backwards and rethinking how they got to the new destination.

With a quadruple-turbo 8.0-liter W16 dispatching 0-100km/h in 2.7 secs, then 200 km/h arrives in just 7.3 sec... and on to 300 km/h in just 16.7 seconds! It must truly be astonishing to drive.

The Veyron is truly an automotive icon and engineering masterpiece. I'd have one if I could afford it !

Whilst I'm thinking about it, checkout these Veyron videos on YouTube:


posted by Lee Gale @ 2:41 AM, ,

Ontario, Canada

Just recently I traveled over to Ontario, Canada to attend Open Text's annual sales kick-off and training on the SAP Value Engineering process and tools.

This was my first trip to Toronto (although I'd been over to Ottawa before) and luckily I did get some chances to look around despite the work most days.

Firstly, where to stay: the company put us up in the Sheraton Center Toronto - it's okay but not my pick if it were my money as it's a typical North American Sheraton with not much character. Definitely corporate, not holiday material.

One of the evening activities Open Text arranged was at Polson Pier. As you'd have guessed, I was quite partial to the Go-Karts. :-)

Well worth a visit is CN Tower. The 30 minute queue to get up the tower on a Saturday was a bit painful but we were soon on our way up. The lift has a glass section which was not bad going up, but on the way down I was a little nervous - the tower is really quite high! Compared to Sydney Tower whose observation deck is at 250 m, CN Tower's is at 325m.

We chickened out and didn't go to the Skypod level up at 450m after looking at the additional 30 minute queue... and the incident with the kids on the mesh separating us from the 325m drop (I freaked out a little bit!).

We then headed over to Open Text's corporate head office in Waterloo (which is about 1hr 30min drive from Toronto), via Niagara Falls.

Niagara Falls isn't what I expected. It was a LOT smaller than I had imagined. Perhaps we missed a good opportunity to have gone down to the base of the falls either by foot or by boat? I'm sure the perspective from down there would have been significantly different.

The drive from Niagara to Waterloo was punctuated with flooding on the QEW which meant a good 4-5hrs in the car. Not fun at all! Still, we got to Waterloo okay and the trip was worth it.

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posted by Lee Gale @ 1:53 AM, ,

Sabine Schmitz's Nurburgring Van challenge

This Top Gear episode is simply gold!

In part 1, Richard Hammond pays homage to the Ford Transit... which tees up Part 2 where Sabine Schmitz attempts to drive a transit van around the Nurburgring in under ten minutes. I love her complaining about the slow motorbikes in her way! Priceless.

I have to admit, I'm dying to get to the Nürburgring - the Nordschleife ("Northern Loop") in particular.

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posted by Lee Gale @ 1:15 PM, ,

BMW Z4 vs Porsche Boxster vs Mercedes SLK

With the release of the latest BMW Z4 (see my past blogs BMW Z4 and More BMW Z4), it was inevitable that motoring journo's the world over provide comparison tests with other cars in the same class.

To be fair, these tests are exactly what readers want to hear. If you are thinking of buying a car, you are going to do what most of us would and checkout a few options before making a decision.

The downside of such tests is that they are narrow in scope (i.e. this model/spec vs that model/spec) and they don't really give you the full picture. But I digress.

Auto Express have pitted the BMW Z4 vs Porsche Boxster vs Mercedes SLK and it's interesting (if not predictable) to see the new Z sDrive23i comes out ahead of the older SLK 280 (it's target competitor) but behind the Boxster (which it really isn't aiming for). This test follows the same formula as the Porsche Cayman vs Audi TT S vs BMW 335i M Sport test I shared earlier.

Since having blogged about the Z4 before, I've since had my opinion of the car changed somewhat. The exterior is definitely attractive - it's less edgy that the previous Z4 (which I quite liked actually). I'm still not a fan of BMW interiors as they are all shockingly similar and overly sterile, but to be fair, I've not spent any time in the Z4 so hardly in a position to judge. Perhaps I might take a detour pasts a BMW dealership this weekend and take one out for a spin?

So back to my comment re: car comparisons. What this test and every other fails to express is just how different a base/mid-level car can be to it's top spec brothers.

Jump in a Boxster and you feel disappointed that it has a great chassis but not enough power to exploit it. Jump in the Boxster S and that disappointment diminishes - it doesn't fade because we know the Boxster S could have more power still but that would upset Porsche's 911.

Similarly, the differences between the SLK350 I owned from '05 to '08 and the SLK55 I know own are astronomical. The brakes, the gearbox, the suspension, the steering, the seats and the engine make the car a completely experience.

So what's my point? Go drive a few of these cars for yourself - you'll be richer for the experience... or poorer if you buy a few of them :-)

Also worth checking out are the videos from Top Gear (sDrive35i with turbos vs the 370Z) and Fifth Gear (sDrive35i with turbos vs the Porsche Boxster S) on YouTube - both of which will no doubt change as these aren't 'official':


posted by Lee Gale @ 1:25 AM, ,

Flying from Sydney to the US with Qantas

Back in April '09, I blogged about Flying from Sydney to the US but just recently had the opportunity to fly over to Toronto via Los Angeles to attend a sales conference and training course.

Fortunately, I was booked on Qantas Premium Economy and was upgraded both ways to Business Class on the SYD<>LAX legs [those who traveled with me would know there is a story there but I'm not going to go into that online].

I'm a big fan of the First Class lounge at Sydney Airport, winner of numerous design awards. This really just sets up the flight to Los Angeles nicely as you can check-in (I was there around 8.30am for a 10.15am flight), wander on up to the lounge, enjoy a nice breakfast and get onto your flight stress-free.

I flew on a B747 on the way over to LA and ironically was seated next to a colleague. That really did make the trip a whole lot more enjoyable as you can chat where as things can often be... frosty... when seated next to a complete stranger. If you can get the seat, row 11 is awesome - it's the first row in the bubble. Whilst the windows up there in the bubble are useless (as I need to bend over 2ft to see out) the window seats up there are best due to the storage bins next to the seats meaning you aren't up and down like a yo-yo during the flight.

On the return flight, I was on an A380 which has a lot of pluses. It is definitely a lot quieter than the B747 and the new seats are better for a raft of reasons: fully flat, more leg room meaning you don't have to pole vault over the passenger next to you to get out and the screens are in the armrests as opposed to the seat back in front of you. But there are some drawbacks... Firstly, it takes a while to load the plane due to the number of passengers. Secondly, I think the cabin service isn't as good - I think the primary reason for that is in the bubble of a B747 there are two crew members for the 22 passengers vs the A380s 72 passengers that share the business class staff throughout.

Interestingly, I didn't recall seeing any V Australia planes at LAX. When I last checked their business class fares to the US, they were significantly cheaper than Qantas and that doesn't seem to have changed one bit - looking for flights departing on 6 Sept '09 and returning on 16 Sept yields a price of $6328.82 vs $13632.70 (Delta were $9,597.92 - right in the middle).

The same gap didn't exist for Premium Economy fares, $3339.82 vs $2975.70, but the reasons for that are interesting. Firstly, V Australia didn't have a deal available for one leg which really is a price hike. Secondly, whilst the direct flights to LAX weren't available on Qantas for the 6th, the flights on the 5th were and both legs were really cheap (Delta doesn't offer a Premium Economy product on the SYD<>LA route).

That would seem to indicate yields on Qantas' Business Class seats to the US have picked up.


posted by Lee Gale @ 1:05 AM, ,