Rapid Acceleration of New Customers and Service Capacity in Six Months since Acquisition Completed
NEW YORK - February 2, 2009 - NEW YORK Today at the LegalTech New York 2009 trade show, Interwoven, Inc. (NASDAQ: IWOV), a global leader in content management solutions, announced that revenue tied to Discovery Mining has nearly doubled since it was acquired by Interwoven last August. Other metrics highlight the exceptional growth for Interwoven’s hosted document review service, including 86% growth in online storage capacity, 200% increase in gigabytes of data processed, three-times the increase in the number of searches performed, and a 100% increase in the average case size compared to first seven months of 2008 prior to the Interwoven acquisition.
"Our ability to manage significantly larger cases and increased data volume underscores the scalability and adaptability of our Discovery Mining platform and process," said Chris Junker, vice president and general manager, Professional Services Industry Solutions at Interwoven. "Interwoven really demonstrated how its deep reach into global law firms and corporate legal departments could help drive business."
At Interwoven’s recent Board of Advisors customer meeting, eDiscovery veteran, Laura Bandrowsky, practice support director for Duane Morris LLP, stated her support of the Discovery Mining platform and roadmap: "The discovery phase of litigation is so crucial, often determining whether a case is settled or proceeds. Discovery Mining continues to prove that the right technology solution could really make a difference for lawyers and our clients. And what I have seen of the product roadmap has made me excited about the future."
Also last year, in the Socha-Gelbmann Electronic Discovery Survey, Discovery Mining was ranked by law firms as a top five provider of eDiscovery services.
The Interwoven booth at the the LegalTech New York 2009 trade show is #2003, on level two of the America’s Hall. For additional information on Interwoven, visit www.interwoven.com.
Note: On January 21st Interwoven announced that it has signed a definitive agreement to be acquired by Autonomy. The acquisition brings together two leaders who share a vision to fundamentally change the way organizations discover, analyze and manage information. The combined company will have more than 2,000 employees and 20,000 customers around the world. For more information please visit http://www.interwoven.com/components/pagenext.jsp?topic=NEWS::RELEASES&dcr=components/autonomy.jsp Autonomy acquistion.
About Interwoven
Interwoven, Inc. (NASDAQ: IWOV) is a global leader in content management solutions. Interwoven's software and services enable organizations to maximize online business performance and organize, find, and govern business content. Interwoven solutions unlock the value of content by delivering the right content to the right person in the right context at the right time. Over 4,700 of the world's leading companies, professional services firms, and governments have chosen Interwoven, including Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Sky Italia, Qantas Airways, Tesco, Virgin Mobile, and White & Case. A community of over 25,000 developers and over 300 partners enrich and extend Interwoven's offerings. To learn more about Interwoven, please visit www.interwoven.com.
Summary: ...Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Qantas Airways, Tesco, Virgin Mobile, and White & Case. A community of over 20,000 developers and over 300 partners enrich and extend Interwoven’s offerings. To learn more about Interwoven, please visit www.interwoven.com....
Summary: ...leading companies, professional services frms, and governments have chosen Interwoven, including adidas, Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard,...
Summary: ...including adidas, Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Sky Italia, Qantas Airways, Tesco, Virgin Mobile, and...
Summary: ...at the right time. Nearly 4,400 of the world’s leading companies, professional services firms, and governments have chosen Interwoven, including adidas, Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade...
Summary: ...professional services frms, and governments have chosen Interwoven, including adidas, Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft,...
Summary: ...services frms, and governments have chosen Interwoven, including adidas, Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell,...
Summary: ...partners enrich and extend Interwoven’s offerings. To learn more about Interwoven, please visit www.interwoven.com. Interwoven WorkSite powers content management and collaboration for Christensen, Glaser, Fink, Jacobs, Weil & Shapiro, LLP.
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Summary: ...Osborne Clark Case Study. Many of the world’s leading companies, professional services frms, and governments have chosen Interwoven, including adidas, Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade...
Summary: ...adidas, Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Sky Italia, Qantas Airways, Tesco, Virgin Mobile, and White & Case....
Summary: ...adidas, Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Sky Italia, Qantas Airways, Tesco, Virgin Mobile, and White & Case....
Summary: ...management solutions. Interwoven’s software and services enable organizations to maximize online business performance and organize, fnd, and govern business content. To learn more about Interwoven, please visit www.interwoven.com. About SPECTRA IT Associates LLP SPECTRA IT Associates, a Singapore based...
Summary: ...several state-of-the-art facilities including a metal melt facility in Tennessee and a low-level waste disposal facility in Utah. “With the company's rapid expansion through acquisitions, we have also acquired millions of documents that reside across multiple document management systems in diverse file...
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: ...52 percent) compared with 43 percent last year and about one third the previous two years. Also, 77 percent of US respondents are unhappy with the eDiscovery process, compared with 63 percent last year. Internal investigations and litigation require an enterprise to rapidly locate and produce relevant...
Summary: ...version only • Autonomy Records Manager Smart Shortcut indexing • Incremental fetching indexes only the content that has been added, updated or deleted based on the SharePoint Change Log since the initial/ last fetch • Utilization of standard and extended metadata • Connector location for ACL...
Summary: ...Architecture Overview: Interwoven's Scrittura Software Platform. n handle growing volumes of trades involving increasingly complex products n improve time-to-market for new trading products n enhance effciency and improve productivity in the back-offce n mitigate operational, credit, and legal risks Today,...
Summary: ...a robust platform as part of a systemized, repeatable and defensible process. Using Autonomy’s solution, an organization can mitigate risk and save well over 60 percent compared to traditional eDiscovery costs. Audio eDiscovery Autonomy's single platform for understanding and processing all digital...
Summary: ...Figure 2). Figure 2. To recover applications and data with HP Data Protector Instant Recovery, a backup administrator simply enters the hour, minute, and second of their desired recovery point into the Data Protector console. HP Data Protector automatically synchronizes the last snapshot with application...
Summary: ...has resulted in severe trade backlogs, transactional errors, and manual processes for trade negotiation, confrmation and settlement. Given the recent regulatory attention these issues have prompted, it is clear that the automation of trade documentation is critical—if the fnancial services industry...
Summary: ...iManage Conflicts Manager - Autonomy Product Brief. POWER PROMOTE PROTECT iManage ConflictsManager Innovative, Meaning Based Approach to Conflicts Management iManage ConflictsManager is a next generation tool for vetting conflicts of interest that leverages Meaning Based Computing to dramatically improve...
Summary: ...Autonomy eDiscovery Service for Audio. This single feature could reduce the production cost of audio evidence by 50%. Conceptual Understanding – A Competitive Edge The true intent of the eDiscovery process has not been achieved with traditional keyword searching. The intent is to find all content relative...
Summary: ...to operational issues with no increase in headcount • Increased post trade processing speed by 400% so that over 99% of trades are dispatched within 24 hours • Doubled the number of electronic counter party confirmations processed within 24 hours • Accelerated non-standard paper confirmations by...
Summary: ...as such, this makes them one of the leading EDRM vendors on the Microsoft platform. In addition, they have recently invested in the Microsoft® Services Organization to achieve close future technology roadmap alignment with Microsoft's® .NET framework, in order to maximize the value of our relationship...
Summary: ...the future. KPMG Records and Information Management Services • Perform Current State Assessment – Gather Business Requirements – Determine Scope and Project Plan – Define Strategic Roadmap – Create Business Process Change Management Plan • Assess Litigation Readiness • Identify eCommunication...
Summary: ...critical business content to be centrally managed, shared and collaborated on in a secure and cost-effective manner across the organization. But in today’s environment of mergers, acquisitions, globalization, and expansion, projects are no longer completed within one office, but rather by teams of users...
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: ...that online advertising is optimized to meet marketing objectives: cost, traffic, conversion, cost per acquisition, revenue, profit, time on site, or some combination of all of these. The last mile While complex, successfully attracting the most cost-effective traffic to the site addresses only half of...
Summary: ...Selecting an Enterprise Records Management system enabling best practice records management (US English). Businesses may discover that their integration and interoperability benefits evaporate as a consequence of poorly designed configuration. Best practice ERM acquisition and deployment: Strategies for...
Summary: ...and incoming confirmation that are core to the Scrittura platform show the greatest levels of automation. More advanced Scrittura implementations have also assisted our clients in improving their metrics in affirmation/checkout, affirmation and confirmation, and the gathering of additional data. As always,...
Summary: ...at unmanageable rates. 2. There are more laws today dictating how to properly manage information. 3. Employees aren’t very good at managing information for their organization. 4. Litigation response costs have increased sharply and show little sign of abating. 5. Over-retaining information increases...
Summary: ...The best course of action is to not destroy e-mail; rather, archive it according to applicable laws and regulations through the required period of time. IT Briefing: 4 E-mail Archiving School: Why Archive E-mail? Sponsored by: Business Productivity The last main driver is business productivity. What are...
Summary: ...CIO survey: All’s not well at endpoints. Business white paper CIO survey: All’s not well at endpoints HP Autonomy’s eDiscovery market offering 2 Table of contents 4 Understanding the need 4 Endpoint asset 4 Endpoint liability 5 Understanding the gap 5 Roadmap to success 6 Focus on eDiscovery 6 About...
Summary: ...Hotels, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Qantas Airways, Tesco, Virgin Mobile, and White & Case. Over 20,000 developers and over 300 partners enrich and extend Interwoven’s offerings. To learn more about Interwoven, please visit www.interwoven.com....
Summary: ...like the Federal Trade Commission (one incident cost consumer data aggregator ChoicePoint $15 million), jail time, and public scrutiny. Yet, in the last five years, security breaches in the U.S. alone have resulted in over 500 million records containing personal identifiable information being compromised....
Summary: ...as soon as possible. But be careful that the integration isn’t so tight that exceptions can’t be made. For example, in cases where an organization’s internal retention policies conflict with the requirements of a lawsuit (e.g. a company has a 90 day retention period but a case is expected to last...
Summary: ...videos are viewed a day • In 2011, YouTube had more than 1 trillion views or almost 140 views for every person on Earth • In 2010, the world exceeded a zettabyte of information (1 trillion gigabytes) • The digital universe doubles in size every two years Beyond its sheer size, unstructured information...
Summary: ...Autonomy White Paper: BIG DATA? No Big Problem.. To correct this flaw, businesses have long yearned for a hybrid analytics platform as comfortable with unstructured information as it is with structured data. At last, the wait has finally ended. The HumanInfo rmation Explosion Of course, collecting, storing...
Summary: ...understand and optimize customer experience, leading to improved customer acquisition and retention rates. Bilateral Communication The ability to analyze, process, and report on compliance metrics cannot realize its full business potential unless there is a secure, real-time communication framework to...
This is a small selection of the Autonomy White Papers available, please visit our publications site at http://publications.autonomy.com/ for more information.