AUTONOMY NAMED MOST ADMIRED COMPANY FOR THE SECOND YEAR RUNNING
Industry Peers Vote Autonomy Number One in Software and Computer Services in Management Today's Prestigious Awards Program
Cambridge, UK and SAN FRANCISCO - December 3, 2010 - Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise, today announced that it has been named the winner in the Software and Computer Services Sector of Management Today's Britain's Most Admired Companies (BMAC) awards for the second year running. Autonomy was bestowed the prestigious accolade in the 2010 edition of the awards, following a rigorous assessment procedure. The BMAC awards offer a unique and impartial insight into companies' success by identifying key factors critical to corporate reputation, and assessing businesses against these criteria based on a peer review by their rivals. BMAC's unique methodology has made the awards a benchmark for business superiority and industry leadership.
"For 18 years now, Britain's Most Admired Companies awards have been getting to the heart of what makes businesses successful," commented Matthew Gwyther, Editor of Management Today. "By asking top companies and their C-level executives to assess their rivals, the awards offer a unique insight into what it takes to be admired in business. Winning this prestigious accolade for a second year running is a clear indication that Autonomy is held in high esteem by its peers and we offer the company our sincere congratulations for this well-deserved recognition."
The BMAC awards are based on the results of a survey which polls 230 companies over 23 sectors based on nine key performance criteria, including quality of management, capacity to innovate, and ability to develop top talent. Conducted by Professor Mike Brown of Birmingham City Business School and published by Management Today magazine, the survey uses responses from board level representatives, as well as analysts and City commentators, to compile a peer review of each company's corporate reputation, as seen by its most clued-up critics - its competitors. Autonomy was revealed the winner of the coveted accolade at an exclusive awards ceremony held at Claridges in London that brought together top executives from the UK's most successful companies.
Autonomy was evaluated against various key performance indicators, among which the quality of its products - next-generation applications that enable computers to process human-friendly data by detecting patterns in it, thereby revolutionizing the way people interact with information. At the heart of Autonomy's infrastructure software lies the Intelligent Data Operating Layer (IDOL), which employs a unique combination of pattern-matching and concept extraction technologies.
IDOL can form a conceptual and contextual understanding of all content in an enterprise, automatically analyzing any piece of information from over 1,000 different data formats to enable over 500 intelligent operations on content. Autonomy's technology eliminates the manual and costly human intervention, which has traditionally been required to process and analyze such information, by performing these functions automatically and in real-time. This represents substantial savings for every type of organization and industry and is driving the accelerated adoption of Autonomy's technology across a diverse range of vertical markets.
"Since its inception in 1996, Autonomy has experienced a meteoric rise to become a global enterprise whose products are used by tens of thousands of companies worldwide," said Dr Mike Lynch, Founder and CEO of Autonomy. "We owe this success to the hard work and dedication of our employees and the support of our investors. We are delighted to see it has also earned us the respect and admiration of our industry peers."
Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise, spearheads the Meaning Based Computing movement. IDC recently recognized Autonomy as having the largest market share and fastest growth in the worldwide search and discovery market. 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, Deutsche Bank, DLA Piper, Ericsson, FedEx, Ford, GlaxoSmithKline, Lloyds Banking Group, 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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