OpenText Launches New Trading Grid Cloud Integration Platform
Open Text recently announced the launch of OpenText Trading Grid, a cloud data integration services platform. The solution features a microservices architecture and multi-enterprise capabilities, as well as data visualizations from OpenText’s ALLOY platform. Trading Grid combines networked services, integration services, managed services, and SaaS applications. A product add-on called OpenText Lens enables users to monitor and manage data flows as well.
OpenText Trading Grid connects customers to a global network of more than 1.2 million partners spanning multiple industries and business types. A single connection to Trading Grid provides fast access to commerce partners, and the Open Partner Directory offers self-service search, filter and instant connection to Trading Grid customers. Data enrichment capabilities also let customers support ethical sourcing and sustainable supply chains.
Trading Grid supports synchronous and asynchronous data flows. The solution also includes an expansive library of API connectors and solution accelerators. Trading Grid Solution Directory and Solution Designer integrate with most common business applications like ERP, analytics, social media, payments, and many others. Trading Grid touts an API library that customers can consume in their own applications as well.
Customers can utilize OpenText integration specialists for complex projects or to optimize delivery. They can also extend integration capacity on-demand to complete them more quickly. Trading Grid’s self-service mapping portal, onboarding and a new user community enhance overall user control.
In a media statement about the news, OpenText CEO and CTO Mark J. Barrenechea said: “Our new OpenText Business Network 20.2 radically transforms how companies can interact with their supply chain, bringing diverse sources of information, transactions and applications into a single platform.”