AUTONOMY UNVEILS MEANING-BASED POLICY CONTROL SOLUTION FOR GOVERNANCE AND COMPLIANCE
Autonomy Policy Authority Represents the Industry's First Solution to Centralize the Management of Compliance Policy Across the Enterprise
ARMA International Conference and Expo – National Harbor, Maryland – October 17, 2011 – Autonomy Corporation, an HP Company, today announced the availability of Autonomy Policy Authority, the industry's first meaning-based policy control solution that enables global organizations to centralize the management of governance and compliance policy across the enterprise. Built based on Autonomy IDOL's unique ability to understand, analyze and act on the meaning of information in any file format and language, Policy Authority is the only solution that automatically applies consistent policy for all applications, such as records management and legal hold, as well as content repositories for both structured and unstructured data.
Traditional approaches to policy management rely on multiple individual applications, and coordinating these to create one consistent, corporate-wide policy requires a manual, time-consuming process. Additionally, organizations are struggling to manage an ever- increasing volume of data consisting of a wide range of structured and unstructured data.
In order to create a unified standard for applying policy to all forms of information, organizations require technology that automatically recognizes context and concepts in data, including social media, web pages, video, and audio recordings. Autonomy Policy Authority is the industry's only solution that understands the meaning within this wide array of human information, transforming information governance from an inefficient and error-prone process to an automated and defensible operation. Policy Authority includes a central meaning-based policy engine to provide a consistent set of rules to subscribing applications, thus automating all the steps in the policy control procedure, and elevating the corporate-wide policy above any one application.
"Businesses need a comprehensive tool to automatically and consistently administer policies and determine risk," said Randolph Kahn, founder of Kahn Consulting and author of "Information Nation". "Autonomy is taking a unique approach to implementing and managing policies to govern the lifecycle of information."
"Organizations today struggle with complexity and scale – they must manage multiple, disparate systems, and deal with an ever-growing volume of unstructured and structured data," said Dr. Galina Datskovsky, CRM, senior vice president of Information Governance at Autonomy, an HP company and president of ARMA International. "The only way to effectively apply a consistent, corporate-wide policy in these environments is through technology that automatically understands concepts in all forms of information. Policy Authority is built for the next-generation enterprise – by quickly and accurately applying policy across subscribing applications and content repositories, organizations will significantly improve their compliance and information governance initiatives."
Autonomy Corporation, an HP Company, is a global leader in software that processes human information, or unstructured data, including social media, email, video, audio, text and web pages, etc. Autonomy's technology manages and extracts meaning in real time from all forms of information, both unstructured and structured, enabling companies to leverage their data assets. Autonomy's product portfolio helps power companies through enterprise search analytics, business process management and OEM operations. Autonomy also offers information governance solutions in areas such as eDiscovery, content management and compliance, as well as marketing solutions that help companies grow revenue, such as web content management, online marketing optimization and rich media management.
Autonomy's solutions are used by more than 25,000 customers including 87 of the Fortune 100, 10 of the top 10 financial services firms, 75% of the global 100 law firms, 9 of the top 10 pharmaceutical companies and many government agencies. Over 400 of the world's leading technology companies embed Autonomy's technology in their products. Autonomy also owns the largest private cloud of diverse data, with 31 Petabytes of information.
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world. More information about HP (NYSE: HPQ) is available at http://www.hp.com/.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations, including execution of growth strategies, transformation initiatives and restructuring plans; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; expectations and assumptions relating to the execution and timing of growth strategies, transformation initiatives and restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2011 and HP's other filings with the Securities and Exchange Commission, including but not limited to HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2010. HP assumes no obligation and does not intend to update these forward-looking statements.
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