Saturday, July 13, 2002

Autonomy in Trouble

One of the biggest (if not the biggest) company in unstructured metadata has suffered recently from "the weakness was seen in Autonomy's European markets and that's what caught the management off guard. Revenue growth in the US has continued and the company remains "encouraged" by the recovery over there."

"The average deal size is measured in hundreds of thousands of dollars and some deals are up towards the $2m mark. You don't need many of these to slip to put a big dent in quarterly revenues."

They do continue to make sales like the recent one to the UK government to produce a portal:
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