World Leader In Knowledge Management Opens Australasian Operation
Autonomy's expansion launched at IKMS 99 AUSTRALIA
August 27, 1999 - World-leading provider of knowledge management solutions, Autonomy, made its Asia-Pacific debut yesterday at the International Knowledge Management Summit exhibition (IKMS 99) at Surfer's Paradise Marriott Resort in Queensland, marking the beginning of the company's expansion into Australasia.
Autonomy officially established its Australasian operations last month, headquartered in Sydney, to develop markets across the Pacific Rim.
The company, which offers more than 20 automated content management solutions for knowledge management, new media and electronic commerce, showcased its critically acclaimed Portal-in-a-Box™ and Autonomy ActiveKnowledge™ technology at the exhibition.
Portal-in-a-Box™ enables companies to rapidly establish Internet or Intranet portals. Unlike its competitors, the technology automates categorization, aggregation and personalization of content from internal (Intranet) and external (Internet) sources, eliminating the cost and time required to manually develop sites.
Ian Black, head of Corporate Communications at British Aerospace (BAe), spoke at the conference on the successful implementation of Autonomy's award-winning Knowledge Management solutions within BAe.
Since British Aerospace incorporated Autonomy's product line, Black says the technology has revolutionised the way the company manages and processes information.
"British Aerospace put several competing products on trial before we made our purchase decision," says Black. "Autonomy's suite of products came in head and shoulders above the rest."
"It is impossible for companies to understand the full potential of this technology without test-driving the products, but it has completely changed the way we perceive information," he says.
"I am a passionate believer in Autonomy's products - the challenge now is to educate the market in Australia about Knowledge Management."
The conference served to highlight Autonomy's new presence in Australia as it looks to expand its global reach, which already includes the UK, Europe, USA, the Middle East and now Australasia.
The expansion will be headed up by George Zachariou, past CEO of Thailand's largest Internet company, MIH Asia. Zachariou has also run sales and indirect channel operations for Olivetti, Digital and Stratus Computer.
Zachariou comments: "Expansion into overseas markets is fundamental to Autonomy's business strategy. Autonomy's products are language-independent and will thus be ideally placed to add value to knowledge management and new media markets in the multilingual and multicultural region that is Asia Pacific."
Australia emerged as the natural platform for expansion into Asia-Pacific, given its reputation for rapid acceptance of new technology and sophisticated understanding of advances in information solutions.
About Autonomy
Autonomy's technology powers large-scale, personalised systems for knowledge management, enterprise portals, new media publishing and electronic commerce. Because of its ability to analyse any piece of text (independent of the document's language) and identify and rank the main ideas, Autonomy can automate a broad range of labour-intensive tasks. These range from categorising 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, Paris, France, Oslo, Norway, and Sydney, Australia. Among its 150 customers are Alcatel, Associated Press, Barclays Bank, British Aerospace, Clorox, News Corp., Procter & Gamble, Lucent Technologies, Merrill Lynch, SFGate, 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 (Easdaq: AUTN).
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