December 6, 1999 CAMBRIDGE, England - Sweden's leading employers' organization, the Swedish Employers' Confederation (SAF), has bought Autonomy's technology for an enterprise-wide corporate portal which will enable its 1,200 employees to better manage the business information which is at the core of the country's economic and business intelligence. As part of the agreement, SAF will also actively promote Autonomy's technology to its 43,000 member organizations across the whole of Sweden.
The Portal-in-a-Box™ product will automatically organize the hundreds of internal and external information sources that the organization creates and monitors.
Bjorn Schroder, IT director of SAF, said: "When we first met with Autonomy and saw the possibilities the technology can offer, we were in no doubt that we would be able to create a new way of maximizing knowledge, both for the individual and for the organization as a whole." Schroder added: "An organization like ours totally depends on each individual having ready access to relevant information at any time, and with Autonomy this is possible totally automatically, with no manual intervention."
Too often, online research is treated as a separate preparatory phase, and this takes up large amounts of an employee's valuable time. In theory, employees have a wide range of information at their fingertips, from internal documents to breaking news on the Web, but they must stop what they are doing and devote time and energy to find those useful items. Autonomy's Portal-in-a-Box™ does the work for them, resulting in improved and faster decision-making. Because the system understands similarities between documents, it can also alert users to the fact that they are creating documents, which essentially already exist, thus eliminating duplicated effort.
Portal-in-a-Box™ enables companies to easily create enterprise information portals (EIPs) that draw content from internal and external sources of structured and unstructured data. These sources include Web sites, news feeds, Microsoft Word and Excel files, e-mail, Lotus Notes archives, PowerPoint presentations, legacy databases, and enterprise resource planning (ERP) systems. The underlying technology is able to read, understand, and identify text in any language, in any format. It is this capability that will lead it to become the de facto information infrastructure standard for all commercial applications.
About SAF
SAF is regarded as the voice of enterprise in Sweden. Its most important task is to promote Swedish enterprise and to contribute to the best possible climate for economic growth. A significant part of this work involves influencing public opinion and creating a better understanding of the conditions and incentives which drive private enterprise and wealth creation processes.
SAF is a knowledge-based organization geared to serving business, and as such requires the best in knowledge management technology. It offers expertise on all labor market issues. On behalf of business, SAF's experts lobby politicians, government authorities and the media to highlight the impact social security rules, pension systems and labor market regulations have on the efficiency of the economy and the labor market. This expertise is also available to individual companies or employer associations.
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 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, Washington DC and Boston, in the United States as well as in Cambridge (England), Paris, Oslo, Sydney, Frankfurt, Milan, Brussels and Amsterdam. Among its 150 customers are Alcatel, Associated Press, Barclays Bank, British Aerospace, Clorox, News Corp., Procter & Gamble, Lucent Technologies, Merrill Lynch, SF Gate, Semi-tech, The Royal Mail, and Unilever. 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).
For more information:
Simon Fletcher,
European PR Manager, Autonomy
Tel: 01223 421220
E-mail: simonf@autonomy.com
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