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Textkernel Selects Autonomy, an HP Company, to Power Document Extraction
By: PR Newswire
Nov. 5, 2012 04:00 AM
PALO ALTO, California, Nov. 5, 2012 /PRNewswire/ -- Autonomy, an HP Company, today announced that Textkernel, an innovative provider of multilingual semantic recruitment technology, will embed Autonomy IDOL (Intelligent Data Operating Layer) technology in the new version of its resume parsing solution Extract!.
Extract! helps companies streamline recruitment processes by automatically parsing the information contained in a resume or social media profile, and building out a single, complete candidate profile. Because the content, layout, and formatting of resumes vary significantly in every case, automating this extraction process requires technology which can process information in any format.
Textkernel chose Autonomy's IDOL technology to power its document extraction process, allowing Extract! to capture all required information from a resume regardless of its format or file type. This removes the need for labor-intensive manual processes, and provides consistency and detail from a highly personalized and varied source material.
"We tested the four leading solutions for our document conversion process and found Autonomy IDOL to have the highest level of document conversion accuracy," said Jakub Zavrel, chief executive officer, Textkernel. "By moving from an open source solution to the well-engineered IDOL solution, we can provide our customers with new functionality and a higher success rate in processing a variety of document formats and resume layouts."
"Textkernel needs to be able to provide its customers with a very high level of accuracy and consistency, without compromising on speed." said Nigel Hutchinson, senior vice president, Power Solutions, Autonomy, an HP Company. "By embedding Autonomy IDOL, Textkernel will ensure that Extract! can effortlessly handle these requirements."
Additional information about Autonomy's technology is available at www.autonomy.com.
Additional information about Textkernel is available at www.textkernel.com/.
Please visit www.autonomy.com to find out more.
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 macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; 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 customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs and retirement programs; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; expectations and assumptions relating to the execution and timing of cost reduction programs and restructuring and integration plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2012 and HP's other filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2011. HP assumes no obligation and does not intend to update these forward-looking statements.
© 2012 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
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