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Autonomy Hires Federal Sales Team from Convera FAST.
[April 23, 2007]

Autonomy Hires Federal Sales Team from Convera FAST.

TMCnet Contributing Editor

Autonomy Corporation has announced the hiring of the Federal sales team from Convera FAST. The team members, who hold federal clearances to service and sell to the U.S. government community, will be based in Autonomy's Falls Church, Virginia offices.

Executives joining Autonomy include the Vice President of Sales and Operations, Vice President of Product Engineering and the Security Program Manager.

Stouffer Egan, CEO of Autonomy said the sales team has been serving the interests of Convera customers, who "represent the majority of the company's RetrievalWare revenue," and that it is important that these customers "have access to continued support, advanced technology and cleared services personnel" which Autonomy sells.

Earlier this month Convera Corporation announced an agreement to sell its RetrievalWare enterprise software business to Fast Search & Transfer ASA for cash.

In January Autonomy announced its Meaning Analytics Warehouse, what company officials are calling "a new IDOL module and the first data warehouse to perform bulk analysis and mining of the vast amounts of information contained in the enterprise including video, voice, e-mail, applications, databases and hundreds of other file types by understanding the concepts, context and patterns contained in the information."

"Our philosophy is focused on deriving meaning from the vast amounts of data that resides in organizations and then presenting that data to business intelligence and other key applications to deliver business insight," said Mike Lynch, CEO Autonomy, at the time.

The Meaning Analytics Warehouse module works by indexing, transforming and analyzing this information based on its meaning and relationships. It builds on and complements Autonomy's established IDOL platform -- which allows enterprises to search and process relevant data in real-time across all data types -- with the addition of historical bulk analysis capabilities.

This new capability is intended to make mining of information from all information sources readily available for applications including top end business intelligence, electronic discovery, security and surveillance, and other applications requiring insight created as a bi-product of real-time or transactional systems.

David Sims is a contributing editor for TMC (News - Alert) Net.  For more articles please visit David Sims' columnist page.

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