- published: 31 Aug 2016
- views: 1819
HP Autonomy, previously Autonomy Corporation PLC, is a multinational enterprise software company founded in Cambridge, United Kingdom in 1996.
Originally, the company specialised in analysis of large scale unstructured "big data", becoming the UK's largest and most successfulsoftware business by 2010. It used a combination of technologies born out of research at the University of Cambridge and developed a variety of enterprise search and knowledge management applications using adaptive pattern recognition techniques centered on Bayesian inference in conjunction with traditional methods. It maintained an aggressively entrepreneurial marketing approach, and controls described as a "rod of iron", which was said to include zero tolerance and firing the weakest 5% of its sales force each quarter, while cosseting the best sales staff "like rock stars".
Autonomy was acquired by Hewlett-Packard (HP) in October 2011. The deal valued Autonomy at $11.7 billion (£7.4 billion) with a premium of around 79% over market price that was widely criticized as "absurdly high", a "botched strategy shift" and a "chaotic" attempt to rapidly reposition HP and enhance earnings by expanding the high-margin software services sector. Within a year, major culture clashes became apparent and HP had written off $8.8 billion of Autonomy's value. HP claim this resulted from "accounting improprieties, misrepresentations and disclosure failures" by the previous management, who in turn accuse HP of a "textbook example of defensive stalling" to conceal evidence of its own prior knowledge and gross mismanagement and undermining of the company, noting public awareness since 2009 of its financial reporting issues and that even HP's CFO disagreed with the price paid. External observers generally state that only a small part of the write-off appears to be due to accounting mis-statements, and that HP had overpaid for businesses previously.
Brain Corp's technology converts existing commercial equipment so that it can still be used by people as well as having the added benefit of being able to function autonomously, performing complex tasks without direct operator control. Brain Corp is a software technology company specializing in the development of software for intelligent and autonomous systems. Its A.I. technology represents the next generation of artificial brains for self-driving vehicles (SDVs) that are capable of operating in complex, indoor environments. Learn more at braincorp.com
Brain Corp's technology converts existing commercial equipment so that it can still be used by people as well as having the added benefit of being able to function autonomously, performing complex tasks without direct operator control. Brain Corp is a software technology company specializing in the development of software for intelligent and autonomous systems. Its A.I. technology represents the next generation of artificial brains for self-driving vehicles (SDVs) that are capable of operating in complex, indoor environments. Learn more at braincorp.com
This presentation about Autonomy Corporation PLC. has been made as an assignment for the European School of Economics. It has been produced by Jane, Azamath and Michel. Michel is responsible for producing the presentation, the animations and adapting it for YouTube. Content for Financial Situation and other chapters has been produced by Azamat Kaiyr. The music used is Take Five by The Dave Brubeck Quartet. A Michel Production (Original size: 1024x768. Any loss of quality is due to Youtube)
The idea is that there are powerful forces in the world that impose significant and destructive influence on peoples lives whether it be CONSUMER CULTURE, RELIGION, an OVER-REACHING GOVERNMENT/STATE or evidently MEDIA! and that it can be hard to avoid letting these influences negatively impact your life, your freedom and your individuality and that it is important to make your own informed decisions about what you participate in, or conscientiously object to. Being a bystander to corruption and brainwashing and not having an informed opinion about the decisions that are being made for you is effectively giving consent to be manipulated ---------------------------------------------------------------------------------------- Hey, i'm an independent artist from Melbourne. I wrote, recorded, p...
This lively RSA Animate, adapted from Dan Pink's talk at the RSA, illustrates the hidden truths behind what really motivates us at home and in the workplace. Follow the RSA on Twitter: https://twitter.com/RSAEvents Like the RSA on Facebook: https://www.facebook.com/rsaeventsofficial/ Listen to RSA podcasts: https://soundcloud.com/the_rsa See RSA Events behind the scenes: https://instagram.com/rsa_events/ ------ This audio has been edited from the original event by Becca Pyne. Series produced by Abi Stephenson, RSA. Animation by Cognitive Media. Andrew Park, the mastermind behind the Animate series and everyone's favourite hairy hand, discusses their appeal and success in his blog post, 'Talk to the hand': http://www.thersa.org/talk-to-the-hand/
It's a thing that's worth having
- Yes I would
Buys you your life sir
- If it could
I, I want you
Autonomy
It leaves us all wondering
- And it should
This awkward something
- For the good
I, I want you
Autonomy
I, I want you
Autonomy
It leaves us all wondering
- And it should
This awkward something
- For the good
I, I want you
Autonomy
Yes
I, I want you
Autonomy
(And finally it's my life)
(Just moments in time)
(Autonomy)
(Break it down through all the heartache)
(In the streets of your mind)
(Autonomy)
(Autonomy)
(Autonomy)
(it's the only way to be)