Morgan Stanley Recognized by HP for Enterprise Information StrategyGlobal financial institution wins HP Software award for achieving superior cost savings, compliance and efficiency with HP Autonomy
PALO ALTO, Calif. - HP Autonomy today announced that Morgan Stanley has won the 2013 HP Software Customer Impact Award for Information Optimization.
The HP Software Customer Impact Awards celebrate organizations that are using HP software to convert bold ideas into outcomes that change the way we work and live. Morgan Stanley was recognized with an HP Software Customer Impact Award for its major success in improving employee efficiency, saving money and ensuring regulatory compliance through its use of HP Autonomy technology.
Morgan Stanley has nearly 80,000 employees and contractors spread across more than 1,200 offices in 43 countries. As the firm works to deliver the finest thinking, products and services to its clients, it creates, consumes, disseminates and maintains huge volumes of data in the form of communications and other enterprise content.
In order to derive value from this information, as well as comply with regulatory requirements around firm communications, Morgan Stanley partnered with HP Autonomy to deploy a cloud-based information archiving solution. Building upon this relationship, Morgan Stanley selected HP Autonomy to also drive its supervision, surveillance, enterprise search and web content management applications, creating a complete enterprise information strategy.
We had a series of different legacy systems in place to manage our data, from email archiving at the back end through to multiple different public-facing web services, said Al Furman, executive director, Morgan Stanley. We first deployed HP Autonomy's technology to provide a secure cloud archive for our information assets, and then chose to expand our deployment to enable enterprise search and web content management.
With the deployment of HP Autonomy's technology, Morgan Stanley was able to implement a global archiving platform for all 80,000 of its employees and contractors, including supervision capabilities for more than 35,000 users. This helped the company retire a secondary email archive, releasing 47 data center racks across four regions, resulting in substantial cost savings.
HP Autonomy's flagship technology, the Intelligent Data Operating Layer (IDOL), is powering search for more than 30 internal and external applications. HP Autonomy technology also enables Morgan Stanley to deliver personalized web content for all employees and contractors, with support for more than 500 individual content contributors.
Morgan Stanley's deployment of HP Autonomy's technology provides a comprehensive information optimization strategy for the business, and is a great example of what organizations can achieve with a single cohesive platform, rather than a series of disparate point solutions, said Robert Youngjohns, general manager, HP Autonomy. We are delighted that Morgan Stanley has been recognized for its forward-thinking approach to information optimization.
Additional information about HP Autonomy is available at www.autonomy.com/.
HP's premier EMEA client event, HP Discover, takes place Dec. 10-12 in Barcelona, Spain.
About HP Autonomy
HP Autonomy is a global leader in software that processes human information, or unstructured data, including social media, email, video, audio, text, and web pages, etc. Autonomy's powerful management and analytic tools for structured information together with its ability to extract meaning in real time from all forms of information, regardless of format, is a powerful tool for companies seeking to get the most out of their data. Autonomy's product portfolio helps power companies through enterprise search analytics, business process management and OEM operations. Autonomy also offers information governance solutions in areas such as eDiscovery, content management, and compliance, as well as marketing solutions that help companies grow revenue, such as web content management, online marketing optimization, and rich media management.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance, market share or competitive performance relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the need to address the many challenges facing HP's businesses; the competitive pressures faced by HP's businesses; risks associated with executing HP's strategy; the impact of macroeconomic and geopolitical trends and events; the need to manage third party suppliers and the distribution of HP's products and services effectively; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; risks associated with HP's international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customer
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Morgan Stanley Recognized by HP for Enterprise Information StrategyGlobal financial institution wins HP Software award for achieving superior cost savings, compliance and efficiency with HP Autonomy
