Autonomy Powers Business Analysis Application at Top Finnish Risk Management Company

CAMBRIDGE, England and SAN FRANCISCO, Oct. 25, 2011 /PRNewswire/ -- Autonomy Corporation, an HP Company, today announced that Suomen Asiakastieto, a leading credit and risk management company in Finland, specializing in providing corporate and risk management information, has selected Autonomy's cornerstone technology IDOL (Intelligent Data Operating Layer) to power its new information analysis tool. The application, called Suhdekartta (or relationship map), is uniquely designed to provide relevant credit ratings and business application information to customers from multiple formats and sources in real time.

Suomen Asiakastieto prides itself in maintaining the most comprehensive private company information database in Finland, which contains up-to-date data on all Finnish companies and their key individuals. Suhdekartta was developed by Suomen Asiakastieto, in partnership with IT services company Eficode, as a business analysis application to leverage the valuable information contained within this database. It allows clients to perform searches on companies and individuals, see the connections between different entities and find common interests. Powered by IDOL, this relationship map can automatically form a conceptual and contextual understanding of all information contained within Suomen Asiakastieto's database, regardless of location, format or language. IDOL's advanced meaning-based functionality allows Suhdekartta users to retrieve information on different entities, identify key relationships and view the results on a visually-compelling cluster map.

Autonomy's solution was the only offering that could provide this service without the need for time-consuming manual tagging of all the information found in Suomen Asiakastieto's database.  IDOL is able to automatically index all the information and render it searchable based on its meaning, thereby transforming Suomen Asiakastieto's database into a real asset for the organization and its customers. The innovative approach will enable Suomen Asiakastieto to improve its customer service by empowering its clients with tools that provide a holistic view of relevant business relationships through a centralized, easy-to-use interface.

"At the core of Suomen Asiakastieto's business offering is a powerful tool that enables our clients to make informed decisions and manage risk based on a comprehensive view of the data pertaining to all related entities," said Pertti Vahermaa, CIO at Suomen Asiakastieto. "By forming an automatic understanding of the information contained within our database, Autonomy provides the means to allow our customers easy access to business-critical information in the form of the Suhdekartta application. We expect to see a highly positive response to the launch of this innovative platform from our client base."

"In the face of today's turbulent economic climate, heightened industry competition and increasingly demanding clientele, companies are looking to deliver improved customer service at a competitive cost," said Nigel Hutchinson, VP Autonomy Power Solutions EMEA. "Thanks to its meaning-based capabilities, Autonomy is uniquely positioned to help companies solve this challenge by intelligently automating mission-critical processes, rendering businesses more competitive by eliminating time-consuming manual approaches to client servicing."

Please visit www.autonomy.com/idolserver to find out more.

About Autonomy

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.

Please visit www.autonomy.com to find out more.

© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

About HP

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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SOURCE Autonomy Corporation plc

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