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An Introduction to Autonomy
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Autonomy's Vision
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An Introduction to Autonomy
Founded in 1996 and utilizing a unique combination of technologies borne out of research at Cambridge University, Autonomy has experienced a meteoric rise. The company currently has a market cap of $7 billion, is the second largest pure software company in Europe and has offices worldwide. Autonomy is a global leader in infrastructure software for the enterprise that helps organizations to derive meaning and value from their information, as well as mitigate the risks associated with those same assets. Autonomy's position as the market leader is widely recognized by leading industry analysts including Gartner, Forrester Research, IDC and Ovum.
Autonomy's Vision
Autonomy was founded upon a vision to dramatically change the way in which we interact with information and computers, ensuring that computers map to our world, rather than the other way around.
Human-friendly or unstructured information is not naturally found in the rows and columns of a database, but in documents, web pages, presentations, videos, phone conversations, emails and IMs. We are facing an increasing deluge of unstructured information, with 90% now falling into this category and, according to Gartner, the volume of this data doubles every month. As the amount of unstructured information multiplies, the challenge for the modern enterprise is trying to understand and extract the value that lies within this vast sea of data, whilst minimizing the risk.
Many companies believe that access to information is the answer to dealing with the unstoppable spread of information of all forms - if people can find information, they can process it themselves. Autonomy believes that although access to information is important, there is far greater value in forming an understanding of data and automatically processing it, freeing up people to focus on higher-value activities that computers are unable to do.
By providing a pan-enterprise software infrastructure that automates advanced operations, Autonomy presents customers with a compelling value proposition. With this ability, Autonomy enables organizations to penetrate their information silos, derive maximum value from their corporate assets, and boost productivity while minimizing the risks endemic to information proliferation.
"Autonomy is the market leader in the provision of software that automates the analysis of unstructured data, whether in the form of text, audio, images or video."
UBS, July 2008
Company Background
Founded in 1996, Autonomy is a financially stable company, profitable in every quarter for the last five years with solid cash generation and no net debt. Autonomy has a global presence with dual headquarters in Cambridge, UK and San Francisco, USA and offices throughout the world including North America, Latin America, Europe, and Asia Pacific. An extensive partner network combining the expertise of local integrators and global consultancy services provides a strong route to market. Autonomy is listed on the London Stock Exchange (AU. or AU.L) as a member of the FTSE 100 and reports quarterly under the stringent standards set by International Financial Reporting Standards (IFRS).
Over 400+ OEM partners and more than 400+ VARs and Integrators, including leading companies such as Adobe, EMC, Citrix, HP, IBM Global Services, Novell, Oracle, Sybase, TIBCO and Dassault Systèmes have acknowledged the power and business potential of Autonomy's technology by embedding it at the core of their products.
Antwerp, Atlanta, Austin, Bangalore, Beijing, Belfast, Boston, Calgary, Cambridge, Chicago, Dallas, Delhi, Hong Kong, London, Madrid, Mexico City, Milan, Mumbai, Munich, New York, Nieuwegein, Ottawa, Paris, Pleasanton, Rome, San Diego, San Francisco, San Jose, Sao Paulo, Seoul, Singapore, Stockholm, Sydney, Taipei, Tokyo, Washington DC
A Rich Broad Vertical Customer Base
Autonomy's technology is truly horizontal, applicable across verticals, with products found across multiple sectors. A prestigious customer list includes over 20,000 of the world's leading organizations, numbering among them renowned manufacturing, finance, legal, telecom and blue chip enterprises, as well as important governmental, defense and intelligence agencies.
Organizations already benefiting from Autonomy technology include Avis, BAE Systems, BBC, BMW, CNN, Ericsson, Fiat, Financial Times, GlaxoSmithKline, Isabel Healthcare, KPMG, Linklaters, Lloyds TSB, NASA, Nestle, Oracle, Philips, Safeway, Schneider Electric, Shell, T-Mobile, The European Commission, The U.K. Houses of Parliament, The U.S. Department of Homeland Security and The U.S. Securities and Exchange Commission.
Education - Over 1,000 education providers globally, including Harvard, Stanford, Yale, Princeton and Oxford, use Autonomy products to improve information retrieval for staff and students, power advanced forms management and optimize website design to promote learning.
Energy & Utilities - Leading global energy and utilities providers such as Shell, Schlumberger, BP, Halliburton and BHP Billiton leverage the power of Autonomy to seamlessly link customer communications through all touchpoints, promote green and environmental responsibility via the website and improve R&D and engineering collaboration across globally dispersed workforces.
Financial Services - In the post-recession world financial services companies are facing unprecedented change and challenges in the form of heightened regulation and stricter compliance requirements. 10 of the top 10 global banks and 19 of the Financial Times' top 25 financial institutions trust Autonomy to securely archive sensitive information, apply the correct risk management and compliance policies, and, in case of litigation, perform the industry's only fully FRCP compliant eDiscovery search over all ESI.
Government - More than 30 federal agencies in the US, the UK MOD, Home Office and Cabinet Office, the European Commission and many other European and Global government agencies rely on Autonomy's solutions to provide market leading information and records management, document lifecycle management and website optimization solutions to improve interaction with citizens and ensure that private data is kept private.
Healthcare - The healthcare industry is undergoing dramatic changes worldwide, with increasing regulation and stricter cost containment policies, healthcare and insurance companies are being pushed to streamline and modernize business process, manage information overload and introduce tighter controls for patient privacy. Autonomy helps global healthcare institutions such as the U.K. National Health Service and Isabel to stay at the forefront of this life-saving sector.
Investigative - Investigative agencies use Autonomy across a broad range of disciplines from military and state intelligence, the fight against terrorism, police and law enforcement as well as financial investigations. Autonomy has a rich history of working with investigative agencies on both pre- and post-event analysis, supporting 75% of western intelligence agencies, defense agencies and police forces.
Legal - 77 of the top 100 Global Law Firms and 87 of the Fortune 100 use Autonomy's legal solutions to empower their lawyers and respond in a timely and accurate manner in case of litigation. Autonomy supports the entire legal lifecycle, from document creation through to disposition, including automatic policy application, legal hold, early case assessment, eDiscovery and production. Autonomy also offers leading matter-management and collaboration tools, and the world's largest secure archive, hosting over 40 petabytes of data.
Manufacturing - 9 of the top 10 global manufacturers use Autonomy, including Agilent, BAE, Ford, Johnson Controls and Toshiba. Autonomy's meaning-based technology helps manufacturers address the challenges of increased global regulation, reduced spending and increasingly discerning customers. It also helps to improve product quality, reduce costs, and deliver new products faster by bringing a deeper understanding of customer interactions, enabling unsurpassed collaboration between experts, and mitigating the risks endemic to data proliferation.
Media - The Financial Times, Belga Press Agency, NewsMarket, Wall Street on Demand, Aegis Media, VMS, Channel 4 and the BBC all leverage the power of Autonomy's format agnostic software to enable unrivalled multimedia processing, detect copyright infringement in other media and drive up website visit and conversion rates.
Pharmaceutical - 9 of the top 10 global pharmaceutical companies, including AstraZeneca, Bristol Myers Squib, GlaxoSmithKline, Novartis and Pfizer, rely on Autonomy's technology for knowledge management for new product development, regulatory information governance, and litigation preparedness and response.
Professional Services / Consulting - Autonomy solutions are used by more than 1,800 professional services firms of all sizes worldwide, including the Big Four accounting firms. Autonomy is the only company that can provide a seamlessly connected, comprehensive set of information management and governance tools for documents, email, records, audio, video and all other forms of ESI. This functionality is further enhanced with solutions for workflow, compliance, enterprise search, archiving, and eDiscovery which are all built on a single platform.
Retail & Consumer - The world's largest retail and ecommerce companies including Tesco, Avis, Virgin Mobile, Macy's, Safeway, Costco, Northwest Airlines, Office Depot, GAME, John Lewis and LOVEFiLM, all use Autonomy to enable seamless multichannel interaction with customers, social media analysis, advanced rich media management and website optimization and content management.
Technology - As a leader in the field of technology, Autonomy understands well that it is not enough for technology companies to merely keep up with the latest changes, they must create those transformations themselves and nimbly adapt to a rapidly changing business climate. As a result, 10 of the top 10 high tech companies use Autonomy software, and over 400 companies OEM Autonomy's technology, to power advanced search and retrieval on all types of information, business process management and automated content management.
Telecommunications - AT&T, Qwest, Avaya, Telecom Italia and Alcatel Lucent use Autonomy solutions to promote intelligent collaboration and expertise networks among developers and engineers, to enable rich media management of over 1,000 file types, and to seamlessly link all customer touchpoints such as the call center and the website to allow advanced multichannel analytics.
"There is a deeper message here beyond the now predictable reaction to the current economic downturn, and Autonomy appears to have got it - control of an organization's information assets is key to its future performance. That's equally the case for a Wall Street Bank, a major international industrial organization or one of the Homeland security agencies that protect our physical interests."
Ovum, 2009
Financial Strengths
$7 billion market capitalization
Record full year revenues of $740 million, up 47% from 2008
$1 billion cash at end of Q110
Over $120m in R&D spend (up 26% year-on-year)
Record net profit of $233 million, up 57% from 2008
400+ OEM companies with licenses to more than 500 products
Fastest growing company in sector
Largest market share in sector
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$740m
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$329m
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$287m
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$0.97
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47% Growth
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59% Growth
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+60% Growth
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+42% Growth
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Revenue by Geographical Area
Americas 70%
Atlanta, Austin, Boston, Calgary, Chicago, Dallas, Mexico City, New York, Ottawa, Pleasanton, San Diego, San Francisco, San Jose, Sao Paulo, Washington DC
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ROW 30%
Antwerp, Bangalore, Beijing, Belfast, Cambridge, Delhi, Hong Kong, London, Madrid, Milan, Mumbai, Munich, Nieuwegein, Paris, Rome, Seoul, Singapore, Stockholm, Sydney, Taipei, Tokyo
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"Over the last five years Autonomy Corporation (AU:LSE) consistently outperformed the FTSE 100 index."
FT.com, 2008
The Meaning of Success
Autonomy continues to deliver outstanding results across the board, with record company revenue and profits driven by strong organic growth. Full year 2009 results broke company records, up 47% over 2008, so that despite the colder economic climate Autonomy excelled in an otherwise tumultuous year for the global economy. Following outstanding first quarter 2010 results, the company looks set to continue this trend through the remaining year.
2008 and 2009 were transformational years for Autonomy's markets, driven by the fundamental movement in the IT world to the usage of unstructured information and the regulatory changes such as the U.S. Federal Rule of Civil Procedure (FRCP) which stimulated a convergence of legal and operational information systems. The decline in the economic climate and failure of the banking system also led to a stronger emphasis on governance and compliance in 2009, and a tougher regulatory environment meant banks and large corporations were forced to review their internal systems and put their ducks in a row.
Yet, whilst benefitting from the increased regulation in the market, during 2009, Autonomy did a lot of work to prepare for a possible upturn in 2010, including significant new IDOL product developments, launches and expansion of our IDOL hosted capabilities. Autonomy also made many developments around its Marketing Optimization, eCommerce and Web Solutions, seeing this as a strong area of investment for companies leveraging their online business model as they come out of recession.
The Forrester Wave for Enterprise Search
Autonomy Goes From Strength to Strength
Ranked by IDC as the fastest growing vendor in the sector
Autonomy rated "Strong Positive" in Gartner's E-Discovery MarketScope report 2009
Autonomy Leads Search and Discovery Market According to IDC
Recognized by Information Week as having the world's largest private cloud at 40 petabytes, and growing rapidly
Named "Technology Provider of the Year" at the British Legal Awards 2009
Lauded as the "Biggest Contribution to Business Technology" at the UK IT Industry Awards 2009
Voted Britain's most admired Software Company, BMAC 2009
Cemented position as the undisputed leader in pan-enterprise search and MBC
De facto standard in OEM market
Ranked by IDC as the clear leader in enterprise search revenues, with market share nearly double that of its nearest competitor
The only vendor named a leader in both message archiving software and hosted services by Forrester Research in 2008
Named leader in The Forrester Wave: Web Content Management for External Sites
Fastest growing full service EDD supplier among the Am Law 200, ALM Research's ranking of America's top 200 revenue grossing law firms
Named a Top 5 Electronic Discovery Provider in the 2008 Socha-Gelbmann Electronic Discovery Survey
Entered the European Private Equity and Venture Capital Association's (EVCA) "Hall of Fame" for being one of the rare European technology companies to grow from a start-up to a $1 billion dollar company in 10 years or less
Named by eWeek 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
Granted Special Security Agreement by U.S. Department of Defense to better service the U.S. DoD and intelligence agencies
| Autonomy |
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Company
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An Introduction to Autonomy
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Autonomy's Vision
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