AUTONOMY APPLIES ITS ADVANCED MEANING-BASED TECHNOLOGY TO TRANSFORM DATABASE MARKET
Advanced Probabilistic Technology Developed by Autonomy for Unstructured Information Now Brings Intelligence to Structured Data
Cambridge, UK and SAN FRANCISCO - September 16, 2009 - Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise, today announced IDOL Structured Probabilistic Engine (SPE), a new product that applies Autonomy's meaning-based technology to databases to deliver a new level of intelligence to this $18 billion market. Autonomy built its business on pioneering the market for understanding unstructured data, and today over 20,000 customers depend on Autonomy technology for a range of business applications. Now Autonomy is applying the same advanced technologies to transform the database market, by turning legacy RDBMSs into next-generation probabilistic inference engines that can understand "shades of gray."
Corporations are dependent on RDBMS technology to power literally every type of business software application. While databases perform operations, the software doesn't understand the meaning of the data itself and is limited to viewing the world as black or white. With the use of advanced probabilistic methodologies, Autonomy delivers new levels of database processing intelligence, enabling the software to suggest results, even when an exact match doesn't exist in the database. This technology represents a radical shift in the intelligence businesses can gain from information, by delivering the ability to understand the "meaning" in the data in the billions of corporate databases in use today.
A self-learning solution, IDOL SPE can automatically make connections in the data that would otherwise need to be interpreted by human beings. The solution analyzes interactions, usage, and multiple datasets to spot patterns in structured data and make non-obvious predictions. Unlike business intelligence solutions that require building and maintaining complex cubes that operate outside the database, IDOL SPE brings probabilistic inference into existing databases.
For instance, an airline can leverage IDOL SPE to improve the online customer experience and increase sales. A customer searching for a flight from New York to San Francisco at a date and time when all flights are sold out will automatically be offered an alternative airport such as Oakland or San Jose, rather than returning "no results" to the customer's search. IDOL SPE infers the result from patterns in the data and its usage without the need for scripts or geographic information.
"Autonomy was built on one fundamental technology, IDOL, that brought meaning to human friendly information," said Mike Lynch, CEO of Autonomy. "IDOL SPE is our second fundamental technology and ushers the database market into the era of Meaning Based Computing. Organizations are now able to free data from rigid structures to deliver relevance and understanding that can impact literally every type of computing application."
Autonomy's IDOL SPE is available now in limited release as a standalone product or as an add-on accelerator to existing database applications.
Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise, spearheads the Meaning Based Computing movement. It was recently ranked by IDC as the clear leader in enterprise search revenues, with market share nearly double that of its nearest competitor. 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, such as text, email, web pages, voice, or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including pan-enterprise search, customer interaction solutions, information governance, end-to-end eDiscovery, records management, archiving, business process management, web content management, web optimization, rich media management and video and audio analysis.
Autonomy's customer base is comprised of more than 20,000 global companies, law firms and federal agencies including: AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Daimler AG, Deutsche Bank, DLA Piper, Ericsson, FedEx, Ford, GlaxoSmithKline, Lloyds TSB, NASA, Nestlé, the New York Stock Exchange, Reuters, Shell, Tesco, 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 400 companies OEM Autonomy technology, including Symantec, Citrix, HP, Novell, Oracle, Sybase and TIBCO. The company has offices worldwide. Please visit www.autonomy.com to find out more.
Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners.
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