Autonomy Corporation plc (LSE:AU) announced its content management technology has been chosen by the North Atlantic Treaty Organization (NATO) to power its internal information portal. The Intelligent Data Operating Layer (IDOL) will now be utilized by the NATO to index and structure external open source information from websites and news agencies, keeping the organization’s experts up to date and making it easier for them to analyze information and keep track of the news.
“NATO's fundamental role is to safeguard the freedom and security of the member countries. To secure these goals, we need the best available solutions to index all the external content coming from several repositories and make that information easily available to our experts,” said Bernard Frala, System Manager in NATO.
Autonomy recently reported its revenue for Q2 2009 hiked to USD 195.2 million, a 55 percent year on year increase from Q2 2008. The company gained a stronger footing in the market through acquisitions and the release of new and updated products earlier in the year.
Yet, despite the impressive financial data the company’s stock has been on a two month decline. The market response to today’s news was moderate as Autonomy’s shares went up by 1.5 percent.
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