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AUTONOMY MOST LIKELY TO PROFIT DURING THE FINANCIAL CRISIS SAYS EWEEK
Businesses and the Financial Sector Call on Unique Services in eDiscovery, Enterprise Search and E-mail Archiving in Wake of the Wall Street Financial Crisis
Cambridge, UK and San Francisco, Calif. - October 15, 2008 - Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise today announced that eweek.com, a leading source for news, analysis, and technology evaluations, has named Autonomy as a company most likely to profit in the financial crisis as businesses and the financial sector call on unique services in eDiscovery, enterprise search and email archiving. Autonomy is the only company recognized by eweek.com in all three categories further validating this vendor’s market-leading position and unique technological offering.
The Wall Street financial crisis is expected to precipitate a boom in litigation, investigation and regulation and prompt courts, prosecutors, regulators, and lawyers to unearth pertinent evidence in corporate data across formats such as email, video, voice, and IM, and distinct geographical locations. Autonomy is uniquely positioned to assist Wall Street as unlike conventional approaches to eDiscovery and Information Governance, its unique pattern-matching technology can understand the meaning of this human-friendly information and uncover hidden links thus guaranteeing comprehensiveness of the results defensible in court.
"The surge in litigation is an inevitable by-product of the global financial crisis as stakeholders attempt to unearth causation of events and determine responsibility," commented Dr Mike Lynch, CEO of Autonomy. "Human beings naturally employ unstructured formats such as voicemail and email in their communications and that is where the smoking gun often lies. Thanks to its unique Meaning-Based approach and pan-enterprise platform, Autonomy is uniquely positioned to assist Wall Street find sought-after answers."
To read the full article by eweek.com please visit http://www.eweek.com/c/a/IT-Infrastructure/IT-Companies-That-Stand-to-Profit-During-the-Financial-Crisis/.
For more information please visit http://www.autonomy.com/ediscovery.
About Autonomy
Autonomy Corporation plc (LSE: AU. or AU.L) is a global leader in infrastructure software for the enterprise and is spearheading the meaning-based computing movement. Autonomy's technology allows computers to harness the full richness of human information, forming a conceptual and contextual understanding of any piece of electronic data including unstructured information, be it text, email, voice or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including information access technology, pan-enterprise search, information governance, end-to-end eDiscovery and archiving, records management, business process management, customer interaction solutions, and video and audio analysis, and is recognized by industry analysts as the clear leader in enterprise search.
Autonomy's customer base comprises of more than 17,000 global companies and organizations including: 3, ABN AMRO, AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Daimler Chrysler, Deutsche Bank, Ericsson, Ford, GlaxoSmithKline, Lloyd TSB, NASA, Nestle, the New York Stock Exchange, Reuters, Shell, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security and the U.S. Securities and Exchange Commission. More than 350 companies OEM Autonomy technology, including BEA, Citrix, EDS, H-P, Novell, Oracle, Sybase and TIBCO, and the company has over 400 VARs and Systems Integrators. The company has offices worldwide.
Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners.
| Autonomy Editorial Contacts: | |
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Assia Svinarova Autonomy (UK) +44 1223 448000 assias@autonomy.com |
David Vindel The Red Consultancy +44 207 025 6529 david.vindel@redconsultancy.com |
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Edward Bridges Financial Dynamics (UK) +44 207 831 3113 edward.bridges@fd.com |
Tania Kempf Cohn & Wolfe (US) +1 650 281 7556 tania_kempf@sfo.cohnwolfe.com |
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