SageMaker Licenses Autonomy Technology to Automate Categorization of Content for Its Vertical Enterprise Information Portals
New partnership provides a unique solution for enterprise portal customers
Fairfield, Conn. - (Business Wire) - Aug. 10, 1999 - SageMaker, Inc., the leading provider of Enterprise Information Portals (EIP), today announced that it will license Autonomy's core technology to complement its SageWave enterprise portal solution, providing customers with a comprehensive solution for handling vast amounts of unstructured data.
SageMaker will use Autonomy's core technology within the SageWave EIP to automate the discovery, categorization, tagging, hypertext linking and personalization of unstructured content for its customers in the oil & gas, power & utilities, chemicals, telecommunications, financial, pharmaceuticals, and insurance industries.
By allowing users to more easily manage internal (documents, emails, Intranet) and external Website information, companies will immediately recognize a higher level of productivity.
SageMaker Inc., President and CEO, Ron Bienvenu, explained why his company decided to license Autonomy's technology. "Complementing SageMaker's vertical enterprise portals with Autonomy's ability to handle unstructured information clearly differentiates us from the other EIP vendors. Our enterprise customers asked us to provide a solution for dealing with unstructured data and an exhaustive analysis of the market revealed that Autonomy's technology was clearly ahead of the competition" he said. "Because Autonomy has the only technology capable of extracting the meaning from any piece of text, they will allow us to become the first EIP to offer this level of business intelligence."
Autonomy CEO, Mike Lynch, said he was pleased with his company's relationship with SageMaker and the value it will bring to customers in various industries. "This partnership will allow SageMaker to add unprecedented breadth and depth to their robust product line and provide the most advanced personalization features on the market," said Lynch. "Including our technology to organize vast amounts of internal and external information will provide SageMaker customers with a very unique enterprise portal solution," said Lynch.
About SageMaker
SageMaker Inc., the market leading and only global Enterprise Information Portal (EIP) vendor, provides the tools and solutions to turn companies' information assets into actionable knowledge. SageMaker currently supports the information needs of 450 blue chip customers and 300 partner companies in the US, Europe, Asia, Latin America and Africa.
SageWave, a full service solution for business information, is the only EIP that carries content from the world's established information providers and publications, and combines it with a companies' own internal content (eg databases, research, e-mail, and unstructured documents). SageWave is available either as an outsourced Internet service or as a deployed publish/subscribe architecture, using Java/XML, depending on customer need and budget.
Current vertical industries, benefiting from the richness of its content and functionality, include the oil & gas, power & utilities, chemical, telecomm, pharmaceutical, insurance and media sectors, with new sectors coming on board every month.
Using SageWave, more than 250,000 subscribers are making better decisions faster in a more productive browser-based environment. More information is available on the SageMaker Website: www.sagemaker.com
About Autonomy
Autonomy's technology powers large-scale, personalized systems for knowledge management, enterprise portals, new media publishing and electronic commerce. Because of its ability to analyze any piece of text (independent of the document's language) and identify and rank the main ideas, Autonomy can automate a broad range of labor intensive tasks. These range from categorizing information by subject matter, to inserting hypertext links to related material, to profiling users based on the ideas in the text they read or write, to delivering information to those most likely to be interested. Autonomy was founded in 1996 and has offices in San Francisco, New York, Atlanta and Boston, in the United States as well as in Cambridge, England and Oslo, Norway. Among its 150 customers are Alcatel, Associated Press, Barclays Bank, British Aerospace, Clorox, News Corp., Procter & Gamble, Lucent Technologies, Merrill Lynch, SFGate, Shell International, Semi-tech, The Royal Mail, Unilever and Xoom.com. In addition, several software companies are licensing Autonomy's technology to add intelligence to their online publishing, knowledge management, email routing and document management applications, including SageMaker, FutureTense, Intraspect, Verge, Aeneid, Global Recall, Insight and Nexor. On July 10, 1998, the company went public on the EASDAQ exchange.
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