Independent Research Firm Cites Autonomy As Leader In Search Platform Market
Strong Market Strategy and Breadth of Product Offerings Differentiates Autonomy
SAN FRANCISCO, Calif. - January 9, 2003 - Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU., Nasdaq Europe: AUTN), a global leader in infrastructure software for the enterprise, today announced its inclusion in Forrester Research's TechStrategy™ Report, "Grading Search Platform Hopefuls." Lauded as one of the market leaders within the report, Autonomy is credited for its successful marketing strategy, market share, relationships with technology providers and its sophisticated security. (For full report entitled: Grading Search Platform Hopefuls, by Forrester, Research Inc. click here.)
According to Paul Sonderegger, senior analyst and author of the report, the enterprise search market is comprised of a variety of vendors and technological approaches, all vying to support a wide array of users and content. Also stated, Autonomy dominates today's contenders due to the company's platform product and market strategy.
The report published in late December 2002, surveyed seven established and new vendors offering enterprise search software about their financial situation, their product capabilities and strategic vision. Vendor's products were compared on their ability to process queries, handle different data types as well as security, and the cost to implement and maintain their solutions. Autonomy was found to offer greater ease of integration due to its extensive relationships with resellers and systems integrators as well as better security support than other solutions evaluated.
"Autonomy is well established as the market-leader in advanced information retrieval due to our unique automated infrastructure," said Mike Lynch, Founder and CEO, Autonomy. "We appreciate the recognition for our accomplishments in the market analysis by Forrester Research and look forward to continued growth in the future".
Autonomy's unique Intelligent Data Operating Layer (IDOL) integrates unstructured, semi-structured and structured information from multiple repositories through an understanding of their content. Autonomy grants enterprises the flexibility to use advanced information retrieval or legacy-based approaches. At the heart of Autonomy's software is its ability to process text, voice and video and identify and rank the main concepts within them. It then automatically categorizes, links, summarizes, personalizes and delivers that information. Autonomy's technology also drives collaboration across the enterprise and enables organizations to effectively leverage expertise. Autonomy's infrastructure technology is used to automate operations within enterprise information portals, customer relationship management, knowledge management, business intelligence and e-business applications, among others.
About Autonomy
Autonomy Corporation plc (Nasdaq: AUTN; Nasdaq Europe: AUTN; LSE: AU.) is a global leader in infrastructure software for the enterprise. Autonomy's technology powers applications dependent upon unstructured information including e-commerce, customer relationship management, knowledge management, enterprise information portals, enterprise resource planning and online publishing. Autonomy's customer base includes more than 575 global companies, including AstraZeneca, BAE Systems, Ford, Ericsson, General Motors, Lucent, Royal Sun Alliance, Sun Microsystems and public sector agencies including the UK Government's Department of Trade and Industry, the United States Department of Defense, NASA and the United States Department of Energy. Strategic reseller and OEM partners include leading companies such as ATG, BEA, Business Objects, Computer Associates, Hewlett Packard, IBM Global Services, Oracle, Vignette and Sybase. The company has offices in North America, Europe, Asia and Australia and is on the Web at www.autonomy.com.
Caution Concerning Forward-Looking Statements
With the exception of historical information, the matters set forth in this news release are forward-looking statements that involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements. These factors include, among others, technology risks, including dependence on core technology; fluctuations in quarterly results; dependence on new product development; rapid technological and market change; reliance on sales by others; management of growth; dependence on key personnel; rapid expansion; growth of the Internet; financial risk management; and future growth subject to risks. These factors and other factors, which could cause actual results to differ materially are also discussed in the company's filings with the United States Securities and Exchange Commission, including Autonomy's Annual Report on Form 20-F and Registration Statements on Form F-1.
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