Autonomy iManage: Out of the HP Way
July 29, 2015
Autonomy’s beefy revenues came from acquisitions. One of the properties in the pre-HP portfolio was iManage. Believe it or not, iManage is a document management-Outlook centric system. There are some customers who cannot prepare legal documents without its functionality. One can send an attachment in an email so a colleague can click on the document and edit the document within the iManage work flow and document management environment. Some attorneys is a very big US government agency are in raptures about this type of “keep it together” capability.
I read “Autonomy Unit iManage Exits HP With Buyout.” The main point of the article is that iManage was an “asset.” Imagine. HP is okay with the notion of some of Autonomy having value.
The deal puts some of the old team back in the saddle. To add some gloss to the “we want outta this place,” the article reports that the new iManage will use HP cloud services and will use IDOL for some content processes.
Several observations:
- What other bits and pieces of Autonomy will HP dump?
- Why was HP unable to leverage the iManage system as an organic revenue stream?
- Is HP confident that it can generate pre-acquisition Autonomy revenues without the mosaic of products and services which allowed Autonomy to hit $700 million plus in revenues?
Interesting development. iManage has some significant accounts and is likely to have a bright future away from the HP way.
Stephen E Arnold, July 29, 2015
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