Autonomy Named One of UK’s Fastest Growing Technology CompaniesOctober 29, 2010 No Comments
Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software for the enterprise, today announced that it has been acknowledged by the highly coveted Deloitte Technology Fast 50 awards program, which ranks the UK’s 50 fastest growing technology companies based on percentage growth over five years. Autonomy received the coveted accolade due to its growth rate of 796% from 2005 to 2009, despite the global recession. Previous winners have included some of the most dynamic players in tech, biotech and digital media technology.
The program is supported by the Deloitte Technology Fast 50 initiatives, which rank high-growth technology companies by country, and is sponsored by Taylor Wessing, a leading International law firm with a focus on the industries of tomorrow, and Fidelity Growth Partners Europe, a venture and growth capital investor which backs technology entrepreneurs with aspiration for greatness.
“Being one of the fastest growing companies in the UK is an impressive accomplishment,” said Peter O’Donoghue, Deloitte Technology partner for the London region. “With its 796% growth rate over five years, Autonomy has proven that its technology is resilient in tough economic climates and its management team has the vision and determination to grow the company under competitive conditions.”
Founded in 1996 and utilizing ground breaking pattern-matching technologies borne out of research at Cambridge University, Autonomy has experienced a meteoric rise. With a market cap of $6 billion, Autonomy is now the largest software company in the UK and the second largest in Europe. At the heart of Autonomy’s sustained business success lies Autonomy’s unique infrastructure software platform, the Intelligent Data Operating Layer (IDOL). Its revolutionary meaning-based technology forms an understanding of all data in the enterprise, including human-friendly formats such as Web pages, emails, voice and video, to provide the most comprehensive enterprise software solutions ranging from compliance suites to marketing optimization applications, all on a single platform.
“This prestigious accolade is a testament to Autonomy’s exponential growth over the last few years,” said Ian Black, Head of Global Operations at Autonomy. “To be a FTSE 100 company, the UK’s largest software company and yet one of the country’s 50 fastest growing technology companies is a unique combination of achievements. We are delighted that our meaning-based technology, continuous efforts to innovate and industry-shifting vision have generated dramatic growth for Autonomy and won us a place among the Deloitte Technology Fast 50 companies.”APPLICATION INTEGRATION