Verity Honored with Awards from Two Industry-Leading Technology Publications
Verity Named a Winner of SOFTWARE MAGAZINE?s "Software 500" and the Inter@ctive Week Fast 50
SUNNYVALE, Calif. - 2000-06-28 - Verity, Inc. (Nasdaq: VRTY), a leading provider of infrastructure software that powers enterprise and e-commerce portals as well as e-business applications, today announced it has been honored with two awards from industry-leading publications. Verity was named a winner in Software Magazine's 18th Annual Software 500 rankings. The company also ranked as one of the fastest growing companies in Inter@ctive Week's Fast 50, reflecting Verity's revenue growth, operating income growth, one-year total return to stockholders, and market capitalization. Verity's suite of products power corporate portals used for internal sharing of mission critical information, e-commerce portals used for online selling and market exchange portals for B2B activities.
"Ever-increasing R&D-spending by the Software 500 companies is fueling the Internet economy," says John Desmond, Software Magazine's editorial director. "The CIOs, senior IT and e-business managers who read Software Magazine value this unique issue as a yearly benchmark of the standing of their product and service partners. And each year, as suppliers consolidate and new markets emerge, the composition of the Software 500 ranking reflects those changes."
Software Magazine's annual compendium of software and services suppliers catalogs the ranking, financial performance and growth, and primary business sector for each company as well as trend information for the Software 500 as a whole. The Software 500 is a comprehensive look at the enterprise software landscape, encompassing both public and private companies that develop business software and services. The ranking is based on total worldwide software and services revenue for 1999. Suppliers are not ranked on their total corporate revenue, since many others have other lines of business. Software revenue includes license fees, as well as maintenance and support revenue, professional services/consulting, and custom programming. The financial information is based on the calendar year and was gathered from Software Magazine's vendor survey, public documents and industry analysts.
True to its name, the Inter@ctive Week Fast 50 is largely about speed. Starting with the universe of information technology and communications, companies are ranked by measuring their rate of growth in revenue and operating income; by scoping out the one-year total return to stockholders; and then by factoring in the response from investors in terms of market capitalization. These criteria limit the list to real companies with real businesses, while recognizing rapid growth as an imperative in Internet-related industries.
According to Michael Zuckerman, vice president of marketing for Verity, "We continue to grow as a company and this is reflected in our winning these prestigious awards. Both the Software 500 and the Fast 50 are highly regarded by CIOs, senior IT managers, e-business managers, business executives, project leaders, software architects and analysts, and pure business executives who need to stay informed about their software and services options. We're honored to be selected by both of these publications that serve as yearly benchmarks for readers to evaluate their suppliers and make smart decisions."
About Inter@ctive Week
Inter@ctive Week is a weekly magazine that premiered in October, 1994. Its mission is 'To provide all the information executives need and to present it with a level of understanding, depth, and knowledge that enables them to make critical business decisions.' The publication covers issues concerning the information superhighway (the ways that products and services will be delivered digitally) as well as desktop interactive (multimedia). Company information is available on the Internet at http://www.zdnet.com/intweek.
About Software Magazine
Software Magazine is the field guide for helping IT managers understand how to creatively and pragmatically evaluate software products and services for today's e-business world. Software Magazine's editorial content is aimed at supporting the top business priorities of IT managers in organizations of 500+ employees. Software Magazine, reaching over 75,000 buyers of business software, is published bi-monthly by Wiesner Publishing. Company information is available at http://www.softwaremag.com.
About Verity
Verity is a leader in infrastructure software that powers corporate portals used for sharing information within an enterprise, e-commerce portals for online selling and market exchange portals for B2B activities. Business portals provide personalized information to employees, partners, customers and suppliers.
Verity products are used by 48 of the Fortune 100 and by more than 1,000 corporations worldwide. The markets Verity serves are comprised of e-commerce merchants, e-businesses, market exchanges, government agencies, online service providers, Internet publishers and software developers. Verity customers include Adobe Systems, American Greetings, AT&T, Broadvision, CDNOW, Chapters, CNET, Cisco, Compaq, Dow Jones, Edgar Online, Ernst & Young, Fairmarket, Financial Times, Globe and Mail, Home Depot, IBM, NewsEdge Corporation, Lotus, SAP, Siemens, Snap.com, Sybase, Time New Media and Timex.
This press release contains forward-looking statements regarding the Company's potential future results. Actual results could differ materially as a result of many factors. If Company management is unable to manage effectively the Company's operations, identify opportunities in a timely fashion, and effectively evaluate and manage the Company's business and competitive position, or interest in the Company's products declines due to the introduction of competing products or for other reasons, the Company's results of operations and financial condition will be materially and adversely affected. Other risks relating to the Company are as set forth in the Company's Form 10-K and Form 10-Q's as filed with the Securities and Exchange Commission.
For more information, contact Verity at info@verity.com or at World Wide Web site http://www.verity.com or call 408-541-1500.
Verity and the Verity logo are registered trademarks or trademarks of Verity, Inc.
Summary: ...partnership with HP is broad and deep, and there’s an important reason why. “We have found HP to be a reliable partner, one that shares the business objectives that are foremost to The Bon-Ton Stores, and they have honored their commitments down to the last one,” Lance notes. “That’s what CIOs...
Summary: ...Autonomy Autonomy Capture accelerated Ruby Tuesday’s accounts payable process by an average of five days, dramatically reduced annual shipping costs and allowed the company to reduce or reassign about 50% of its staf. The total return on Ruby Tuesday’s investment in Autonomy Capture was reached within...
Summary: ...in the first place. Autonomy is the electronic engine that powers Belga’s news service, allowing us to supplying our clients with the latest information 24 hours a day, seven days a week.” “As a journalist, what I particularly like about Autonomy's software is its ability to create associations...
Summary: ...design principles based on a solid foundation of data, rather than subjective intuition. “Small things made a big difference, such as adding multiple calls-to-action and shading the disclaimer on the email page differently,” reported Salmanowitz. “Even something as simple as hyperlinking the title...
Summary: ...easier for people to find things, and increase the frequency of their of visits. “Soft conversions” such as filling out an RFQ, reading listings, and clicking through to a supplier’s website also increased. “We felt like we got value every time the team came in to work with us,” reports Marren....
Summary: ...thus helping to extract better returns on investment. “A sound information management strategy is fundamental to the modern law firm. We clearly see HP Autonomy’s IDOL platform at the heart of our long term search, knowledge, document, email and archive management strategies.” Richard Amery, Senior...
Summary: ...unnoticed. The company rose to 72nd place on the Information Week 500 Annual Survey of the top innovators in business technology and IT operations, up from 447th in 2000; it now ranks fourth among all healthcare insurers. The eHealthcare Leadership Awards have given BCBSMA a Platinum Award for Best Overall...
Summary: ...accurate delivery to users throughout the state. Queensland, the second largest of the Australian states, has the largest habitable area. Encompassing 1.727.200 square kilometres, it is equivalent in size to the British Isles plus the whole of Western Europe. The capital, Brisbane, and the surrounding...
Summary: ...successes, but the frm has put metrics in place that will allow Osborne Clarke to a full benchmark analysis after six months. However, the speed of the service has already had a dramatic impact on how lawyers can fnd information. The solution is cutting edge and this reflects in the work being produced....
Summary: ...to limit the size of peoples’ in-boxes, easing the burden on its Exchange server. Moving Ahead with Industry-Leading Capabilities “From an image perspective, our WorkSite implementation reflects the care we take with our clients’ information and work. At the same time, because each user’s work...
Summary: ...choice between using a printed work performance evaluation form during the employee review process, which had to be completed on a typewriter, or using an Excel or Word form from a computer. The evaluation had to be accompanied by a separate personnel status change form, recommending the salary increase...
Summary: ...A competitive evaluation was carried out to identify an enterprise-scale records management solution which was .NET based and would integrate closely with Microsoft Office applications. Following this evaluation Meridio was selected as the best solution to successfully meet Deventer’s requirements....
This is a small selection of the Autonomy case studies available, please visit our publications site at http://publications.autonomy.com/ for more information.
Summary: ...Autonomy's Top Ranked Hosted eDiscovery for Financial Institutions. Using the advanced analytics offered by IDOL, legal teams can derive the meaning of data within a large corpus to assess client risk in real-time, evaluate the merits of a pending case and build a more informed legal strategy on behalf...
Summary: ...Deliver outstanding customer service - Autonomy Qfiniti. Leverage proven evaluation tools Today’s quality-driven organizations need evaluation technologies that save time, improve coaching efficiency, and deliver proven bottom-line results. Autonomy Qfiniti ofers a centralized evaluation and analysis...
Summary: ...to their needs. Firms implement only what they need today, but can easily expand to support future growth. Exceptionally easy to use, WorkSite deploys across organizations within weeks requiring only minimal training—for a lower total cost of ownership and rapid return on investment. Trust the industry...
Summary: ...data entry of a minimum of 9 characters per field • Each clerk was able to process approximately 500 invoices per day • Salary and benefits from data entry alone = $210,000+ per year Transportation • 800 stores would Fedex 1 invoice package each week at $15 each • These total transportation costs...
Summary: ...using ranked listings of search results¹. Taxonomies can uncover a wealth of knowledge you didn’t know you had. And classification enables high-value content evaluation applications for regulatory compliance, tax credit analysis and more. Taxonomies and classification can only deliver these benefits...
Summary: ...The Public Sector Compliance Solution for Microsoft® Platforms. Meridio is a leading worldwide provider of enterprise Document and Records management software, engineered for Microsoft® .NET platforms. Meridio’s mission is to enable senior executives responsible for compliance to meet their goals...
Summary: ...Business Content: Your Most Valuable Asset. With WorkSite, you get a robust scalable solution that is quick to deploy and easy to maintain—resulting in a lower total cost of ownership and rapid return on investment. System requirements Intel Pentium processor Microsoft Windows 95, Windows Millennium,...
Summary: ...transparency in new account and account management processes. Faster Account Initiation Companies can accelerate the initiation of a new account from weeks to hours with Cardiff Intelligent Documents. Increased Sales From Agents and Broker/Dealers Because agents and broker/dealers are compensated for...
Summary: ...filter and cull the data to quickly gain visibility into the information contained within massive data sets. Using the advanced analytics offered by IDOL, legal teams can derive the meaning of data within a large corpus to assess client risk in real-time, evaluate the merits of a pending case and build...
Summary: ...improving profitability and client service. HP Autonomy WorkSite: file email and access documents through Microsoft Outlook® WorkSite is exceptionally easy to use, deploys across organizations within weeks and requires only minimal training for a lower total cost of ownership and rapid return on investment....
Summary: ...which will “not be fully met” with potential solutions to resolve any “not-met” requirements. Proof of Concept (POC) Proofs of Concepts are normally one, two or three week projects which prove one or two key concerns the customer may have with the solution they are considering. POCs are funded...
Summary: ...Systems Ltd. Capital Markets Compliance In challenging times, the only certain factor is the desire for greater control and visibility of information that resides in an array of internal and external systems that form the core of the global capital markets.
...
This is a small selection of the Autonomy Product Briefs available, please visit our publications site at http://publications.autonomy.com/ for more information.
Summary: ...smaller IT environments, cloud-based backup helps avoid additional backup-related capital expenses altogether. The type of data organizations typically back up to the cloud can be a combination of businesscritical application data (databases, email) and most commonly, file-based data. *(Source: CIO Magazine,...
Summary: ...practices sharing. However, also keep in mind the pitfalls of sharing and understanding what SOA means and what it can do for the organization. Establishing a benchmark for measuring success is also critical. SRW:
...
Summary: ...14 signatures and two weeks for changes to their customer-facing Websites. For many companies, the lack of a technological capability to support Sarbanes-Oxley compliance for web applications reflects a deeper problem. In fact, many are hard-pressed to achieve even an acceptable baseline of quality and...
Summary: ...Autonomy Whitepaper - How To Measure The ROI of Cloud Data Protection. In fact, the percentage of total data capacity stored on near-line tape systems declined from 48 percent in 2007 to just 27 percent in 2010 (“Data Protection Market Trends,” John McKnight and Mary Johnston Turner, Enterprise Strategy...
Summary: ...HP StoreEasy and Cloud-Based Data Protection - Protecting critical file data on HP StoreEasy with HP Autonomy LiveVault. CIOs Must Fit the Cloud Into IT Strategy 4 CIO Magazine, March 2010, Article: CIOs Must Fit the Cloud Into IT Strategy 4 Reduce backup and recovery costs Due to economies of scale within...
Summary: ...altogether. The type of data organizations typically back up to the cloud can be a combination of business-critical application data (databases, email) and most commonly, file-based data. *(Source: CIO Magazine, March 2010, Article: CIOs Must Fit the Cloud Into IT Strategy). Reduce backup and recovery...
Summary: ...Building a GARP®-compliant solution. Based upon that evaluation, organizations can readily map current levels within GARP® to determine the desired performance level. Using the GARP® Maturity Model, organizations can understand what level in the Principle is best suited to meet their specific needs...
Summary: ...Moving from Paper to Electronic Matter Files with Matter Centric Collaboration: A New Technology Paradigm for a Changing Legal Industry. Although multi-geographic practice groups are nothing new, in reality the lack of effective collaborative technology has prevented them from functioning as unified organizations...
Summary: ...I. Executive Summary This document summarizes the findings from benchmark tests conducted by Autonomy R&D to evaluate the performance of the application clustering option available in the Scrittura Platform, Version 4.2. The performance benchmark covers four scenarios that correspond to the following...
Summary: ...a conservative annual loaded cost of a knowledge professional is $125,000. Total Salary cost to firm: $125,000 x 1000 = $125 Million. Salary Cost per hour for the firm: $125 million/ 2050 hours = $60,975 Cost of doing search: 9.5 hours X 52 weeks X $60,975 = $30 Million Cost of recreating existing documents:...
Summary: ...scalability to grow as your company does Yes No Content Archived– most major email systems, IM, fles, and SharePoint supported Yes† Yes† Total Cost of Ownership Software Costs– capital investment required for purchase and maintenance Included Incremental Hardware Costs– capital investment required...
Summary: ...possible ??Involving as many stakeholders as you can, including regulators ??Leveraging technology to manage content, events, tasks and approvals ??Selection of comprehensive control frameworks ??Senior Management to lead by example and set the tone 3.0 Sarbanes-Oxley Overview The Sarbanes-Oxley Act demonstrates...
This is a small selection of the Autonomy White Papers available, please visit our publications site at http://publications.autonomy.com/ for more information.
Related Case Studies
Find us on Facebook
Follow us on Twitter
See us on YouTube
Find us on LinkedIn
