Autonomy Corporation (LSE:AU. or AU.L), a global leader in infrastructure software for the enterprise, today announced that its founder and CEO Dr Mike Lynch was named the winner of the highly coveted Innovator of the Year award, for pioneering new approaches to search and information processing technology. Over a hundred European chief executives attended the VIP gala dinner, held last night at the Claridge's Hotel, in London, to celebrate entrepreneurial spirit, business acumen and outstanding leadership.
The European Business Leaders Awards (EBLA) 2008 programme, presented by CNBC Europe, and for the first time conducted in partnership with the Financial Times, is now in its fifth year, and was created to identify and honour those CEOs who are making a difference through leadership and innovation in their sectors.
The EBLA are widely regarded as a recognition of outstanding accomplishment, as CEOs from the FT Europe 500 are invited to nominate peers they believe are making a significant impact in expanding global business in Europe. The Innovator of the Year category featured prominent CEOs Henning Kagermann of SAP and Olli-Pekka Kallasvuo of Nokia as its other finalists.
Dr Mike Lynch OBE founded Autonomy Corporation in 1996, based on his research at Cambridge University and rapidly established the company's reputation as a world-leading provider of infrastructure software for unstructured information and meaning-based technologies. His revolutionary approach to tackling the explosive growth of unstructured, 'human-friendly' information has earned him the reputation of a trendsetter in the software industry.
Meaning-based computing enables computers to understand the relationships that exist between disparate pieces of information and perform sophisticated analysis operations with real business value, automatically and in real-time. Over the years, Dr Lynch has expanded the Autonomy Group both organically and through a series of strategic, sector-defining acquisitions to convert it in a global player, with over 1 500 employees and over 40 offices worldwide. The Innovator of the Year accolade is further recognition of Dr Lynch's innovative approach to addressing complex Information Age challenges. In accepting his award, Dr Lynch thanked the Autonomy team, who had made the innovation possible, and the City of London fund managers and analysts for backing Autonomy through good and hard times, and providing it with the capital to grow and become a leader in its space.
Soarsoft Africa (Pty) Ltd. 2005/035289/07 Directors: CF Hathaway, G Amoils and D Lambrakis
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