Corechange Licenses Autonomy Technology For Use In Its Coreport Corporate Portal
Boston, Mass. (September 13, 1999) - Corechange Inc, a leading supplier of information management software, today announced that it is licensing Autonomy's core technology to help companies add advanced information categorization and personalization capabilities to its Coreport corporate portal solution.
Corechange Executive Vice President Lars Ivarsson, explained that Autonomy's technology automates some of the most time consuming tasks associated with organizing vast volumes of internal and external information, from newsfeeds, emails and websites to Lotus Notes, and word processing documents. "Autonomy has the only technology capable of analyzing a piece of text and identifying the main ideas. That means it can automatically categorize each item, insert hyperlinks to related material, and even route it to those individuals most likely to be interested," said Ivarsson. "By using Autonomy's technology to organize vast amounts of internal and external information into easy-to-navigate directories, Coreport will help its customers make information easy to find. And by enabling Coreport to provide personalized reports and real-time alerts to key text-based information, Autonomy will help our customers anticipate each employee's individual information needs."
According to Autonomy CEO Mike Lynch, Corechange has developed one of the industry's most sophisticated corporate portal solutions. "Corechange's Coreport provides users with an organized and customized single point of access to information and applications from a wide range of electronic resources, improving their productivity and effectiveness. This significantly lowers the cost of information access."
About Corechange
Corechange was founded in 1996 in partnership with Massachusetts-based Cambridge Technology Partners to develop applications to improve the way enterprise information is shared in organizations by providing faster and mores efficient access. Spun-off as an independent company in 1997, Corechange and the Coreport corporate portal provide users with access to information simply, quickly and tailored to their needs.
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, SF Gate, Shell International, Semi-tech, The Royal Mail 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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