19 Mar 2009
Infrastructure software provider Autonomy has announced the first new product to result from its £561m takeover of enterprise content management vendor Interwoven earlier this year.
Just days after Autonomy announced the completion of the acquisition, the firm unveiled the new version of Interwoven's TeamSite web content management product.
TeamSite will run on Autonomy's Intelligent Data Operating Layer (Idol) platform, allowing new functionality such as the conceptual understanding of content, and the ability to gain a holistic view of customers by pulling together data from web, instant messaging, email and call centre channels, according to Autonomy chief executive Mike Lynch.
"It's important because you get pin-for-pin compatibility. You don't lose any functionality," he explained. "But because it's Idol, there is a big increase in scalability. Search is 10 times faster."
Lynch added that Autonomy has been able to make the announcement so speedily because Idol is already in over 500 other software products, and is therefore designed to be integrated quickly into products.
"In the next couple of months you will start to see some extra functionality, " he said. "We hope this moves the market up to the next level."
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lot of money
£561m ? gosh... imagine that you can have something for free, using tools like lucene.apache.org (search), www.jane16.com (text and sentiment analysis) , jgraph ( visual display), jboss.org(server) etc. yeah, there is no support, and you need someone skillful to put it all together...but you save after at least 500m pounds - providing that you pay 60m to a development costs...and even 60m for just development, hardware etc. is hugely exaggerated.
Posted by: jackT 19 Mar 2009