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Autonomy Corporation plc (LSE: AU.) is an enterprise software company based in Cambridge, United Kingdom, and San Francisco, USA. It is generally considered to be the technology leader in Enterprise Search as well as being the leader in revenue, customer numbers, and for public companies in revenue growth. The company has grown rapidly from being a start up in 1996 to becoming Europe's second largest pure software company after SAP. It develops a variety of enterprise search and knowledge management applications using adaptive pattern recognition techniques centered on Bayesian inference (statistical inference in which evidence or observations are used to update or to newly infer the probability that a hypothesis may be true) in conjunction with traditional methods. This article does not cite any references or sources. ...
Year 1996 (MCMXCVI) was a leap year starting on Monday (link will display full 1996 Gregorian calendar). ...
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Michael Richard Lynch was born in Carrick-on-Suir, County Tipperary, Republic of Ireland in 1965. ...
Information and communication technology spending in 2005 Information technology (IT), as defined by the Information Technology Association of America (ITAA), is the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware. ...
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Enterprise Software is software that solves an enterprise problem (rather than a departmental problem) and usually enterprise software is written using Enterprise Software Architecture. ...
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Enterprise Search is the practice of identifying and enabling specific content across the enterprise to be indexed, searched, and displayed to authorized users. ...
The abbreviation, acronym, or initialism SAP has several different meanings: SAP AG, a German software company, or its various products such as SAP R/3 or SAP Business Information Warehouse second audio program (television) Session Announcement Protocol Soritong audio player Simple As Possible Computer Architecture Structural Adjustment Program of the...
Enterprise Search is the practice of identifying and enabling specific content across the enterprise to be indexed, searched, and displayed to authorized users. ...
Knowledge Management (KM) comprises a range of practices used by organisations to identify, create, represent, and distribute knowledge for reuse, awareness and learning. ...
Pattern recognition is a field within the area of machine learning. ...
Bayesian inference is statistical inference in which evidence or observations are used to update or to newly infer the probability that a hypothesis may be true. ...
Autonomy is also the acknowledged leader in the rapidly growing area of Meaning-Based Computing (MBC). Founded in 1996 and utilizing a unique combination of technologies borne out of research at the University of Cambridge , the company has experienced a meteoric rise and currently has a market cap of $4 billion and offices worldwide. Autonomy's position as industry leader is widely recognized by analysts including Gartner Group, Forrester Research, and Delphi, which calls Autonomy the fastest growing public company in the space. Autonomy's revenues are twice that of its nearest rival. The University of Cambridge is the second-oldest university in the English-speaking world (after Oxford). ...
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The main technology is called IDOL, and is to unstructured information what an RDBMS is to structured information. IDOL allows search and processing of text, audio, video, and structured information. The processing of such information by IDOL is referred to by industry analysts (such as IDC) as the Meaning-Based Computing sector. A relational database management system (RDBMS) is a database management system (DBMS) that is based on the relational model as introduced by Edgar F. Codd. ...
The Autonomy Group includes: ZANTAZ, the leader in the archiving, e-Discovery and Proactive Information Risk Management (IRM) markets; Cardiff, a leading provider of Intelligent Document solutions; etalk, award-winning provider of enterprise-class contact center products and Virage, a visionary in rich media management and security and surveillance technology.
What Does Autonomy Do? At its core, Autonomy's technology can understand any form of unstructured information, whether text, voice or video, and based on that understanding perform automatic operations on the information, such as powering the world's leading enterprise search engine, automatically suggesting an answer to a call center operator, profiling millions of documents for a legal case, or monitoring television channels for security and intelligence agencies. Because of the broad applicability of Autonomy's technology it is not easily shoehorned into a single market category, and in this regards is not simply a search engine, a knowledge/document management company, or a retrieval company. At the same time Autonomy has been acknowledged as one of the world's leading technology companies, and is the clear leader in enterprise search according to all industry analysts.
The core Autonomy technology can almost be thought of as an intelligent operating system, sitting on top of the actual operating system. The core technology (IDOL) provides a platform for the automatic categorization, hyperlinking, retrieval, and profiling of unstructured information, thereby enabling the automatic delivery of large volumes of personalized information. Autonomy's technology can be used across virtually every software application handling unstructured and semi-structured information - whether Enterprise Portals, CRM, Business Intelligence, Knowledge Management or E-Business Applications – and in virtually every industry vertical market.
What is Meaning-Based Computing? The last few years have seen explosive growth in the use of unstructured information, which includes documents, emails, telephone conversations and multimedia. More than 85% of all information inside an enterprise is now unstructured and this 'human-friendly' information has traditionally been difficult for computers to understand and use. Meaning-Based Computing solves this problem.
Meaning-Based Computing enables computers to understand the relationships that exist between disparate pieces of information and perform sophisticated analysis operations with real business value, automatically and in real-time.
How is MBC Different from Traditional Methods like Keyword Search? Meaning-Based Computing extends far beyond traditional methods such as keyword search which simply allow users to find and retrieve data. Keyword search engines for example cannot comprehend the meaning of information; these products were developed simply to find documents in which a word occurs. Unfortunately, this inability to understand information means that other documents that discuss the same idea (i.e. are relevant) but use different words are overlooked. Equally, documents with a meaning entirely different to that which the user searches for are frequently returned, forcing the user to alter their query to accommodate the search engine.
In addition, some of the key functionality of Meaning-Based Computing such as automatic hyperlinking and clustering are simply not available in keyword search engines. For example, automatic hyperlinking which connects users to a range of pertinent documents, services or products that are contextually linked to the original text requires that the meaning of the original document is fully understood. Similarly for computers to automatically collect, analyse and organize information computers have to be able to extract meaning. Only Meaning-Based Computing Systems can do this.
What is Meaning-Based Computing Used For? Meaning-Based Computing is enabling a new breed of strategic applications across the modern enterprise. These applications include:
Advanced Enterprise Search: Meaning-Based Computing not only uncovers, but also makes sense of, the 85% of enterprise information that is hidden to all other technologies including keyword search engines and relational databases. As a result, users are presented with relevant information they didn't even know existed so they can act on it in real-time.
Knowledge Management: Meaning-Based Computing enables organizations to automatically form a contextual understanding of people's interests, behavior and ongoing interaction with any type of information. This facilitates collaboration by leveraging the most valuable knowledge available the experience and expertise of an organization's employees.
Electronic Discovery: Meaning-Based Computing enables organizations to extract meaningful evidence from terabytes of email, documents, spreadsheets and other unstructured information. This enhances the ability of investigators to make informed decisions about corporate culture and track the development of illegal activity.
Autonomy Customer Base Autonomy's customer base comprises of more than 17,000 global companies and organizations including: 3, ABN AMRO, AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Daimler Chrysler, Deutsche Bank, Ericsson, Ford, GlaxoSmithKline, Lloyd TSB, NASA, Nestle, the New York Stock Exchange, Reuters, Shell, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security, and the U.S. Securities and Exchange Commission. Autonomy also has over 300 OEM partners and more than 400 VARs and Integrators, numbering among them leading companies such as BEA, Business Objects, Citrix, EDS, IBM Global Services, Novell, Satyam, Sybase, Symantec, TIBCO, Vignette, and Wipro. [1]
Corporate Information Autonomy was founded in Cambridge, England in 1996 by Dr Michael Lynch as a spin-off from Cambridge Neurodynamics. This article is about the city in England. ...
For other uses, see England (disambiguation). ...
Year 1996 (MCMXCVI) was a leap year starting on Monday (link will display full 1996 Gregorian calendar). ...
Dr. Michael Lynch was born in Carrick-on-Suir, County Tipperary, Ireland in 1965. ...
It IPOed in 1998 onto the Easdaq exchange at a share price of around 30p. At the height of the dot com bubble the peak share price was £30. [2]and post the bubble it hit a low of 80p. It has been one of the best performing European technology stocks since then and the share price on Oct 30th topped 1000p giving a rise of over 100% in the last year.
Autonomy is currently listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Autonomy had revenues for 2006 of $250M up 161% on 2005 and a market capitalization of over $4.5Bn (Oct 07). Revenues for 2008 are expected to top $450M. It is a very rare example of a European pure software company and as such has operating margin near 40%. Revenues have grown at 161% year on year with organic (non acquisition growth) of 30%.(Q2 2007) The Source by Greyworld, in the new LSE building Paternoster Square. ...
The FTSE 250 Index is a capitalisation weighted index of 250 companies on the London Stock Exchange. ...
Autonomy has major offices in the US, UK, France, Canada, Japan, Australia, Singapore, Munich, and smaller offices throughout Europe and Latin America.
Acquisitions and Spin-offs In 2002, Autonomy acquired Softsound, a small company out of Cambridge University developing speech recognition software. In 2003, they acquired Virage, a software developer of video search software, and in June 2005, acquired etalk in the call center software sector. In December 2005 Autonomy acquired Verity, one of its main competitors, for around $500m.[3] this deal won them an award for best acquisition from the London stock exchange. Autonomy Corporation plc (LSE: AU.) is an enterprise software company based in Cambridge, United Kingdom, and San Francisco, USA. It is generally considered to be the technology leader in Enterprise Search as well as being the leader in revenue, customer numbers, and for public companies in revenue growth. ...
The University of Cambridge is the second-oldest university in the English-speaking world, with one of the most selective sets of entry requirements in the United Kingdom. ...
The Virage was Aston Martins replacement for the decades-old V8 models. ...
eTalk (formerly eTalk Daily) is a Canadian entertainment news show hosted by Ben Mulroney and Tanya Kim. ...
In May 2007 after exercising an option to buy a stake of technology start up, Blinkx Inc, and combining it with its consumer division, Autonomy spun out Blinkx Plc which was IPOed in London at a value over $250M. blinkx. ...
In July 2007 it acquired ZANTAZ, the leading email archiving and litigation support company, for $375M.
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