London's Bond International Software Selects HP Autonomy to Deliver Intelligent Software Platform for Recruiters
Global Recruitment, Human Resources and Payroll Software Group Integrates Autonomy IDOL to Enhance Staffing Solution Platform
PALO ALTO, CA--(Marketwired - May 29, 2013) - HP (NYSE: HPQ) -- HP Autonomy today announced that Bond International Software Group, a global recruitment, HR and payroll specialist, has adopted technology from HP Autonomy to enhance its recruitment process system, Bond Adapt.
Bond supports some of the largest staffing organizations across the globe. The company's flagship solution, Bond Adapt, a specialist portfolio of recruitment applications, is used by the majority of leading recruitment organizations to support their business processes.
The Autonomy Intelligent Data Operating Layer (IDOL) understands the meaning of information in any format, such as text, video, audio or social media data. The ability to recognize patterns, concepts and ideas in this "human information" provides a critical advantage in the recruitment sector, where resumes are not consistently formatted, and use a range of different phrasing or compressed language to convey the same information.
Autonomy IDOL's ability to understand meaning in this way makes it possible to analyze the complete profile of a candidate, rather than try to match a series of keywords. This represents a first in the recruitment industry, and offers a significant technological leap forward over inadequate keyword matching techniques.
"With Bond Adapt, we help our customers go from hundreds of potential candidates to a tightly focused and relevant pool in just a few clicks," said Daniel Richardson, chief technical officer, Bond International Software. "Recruiters are highly skilled individuals, and that's not something you can replace -- but what we can do is give them a tool that helps them work more efficiently. With IDOL, instead of 50 loosely related candidates to review, recruiters get the 15 most suitable and work from there."
With the power of Autonomy IDOL, the Bond Adapt solution can ingest resumes and quickly present the most relevant candidates to recruitment agents. Legacy keyword-based approaches are ineffective here, as they cannot account for varieties of expression or sector-specific terminology.
"What Bond International Software is doing with our technology really underlines the critical strength that only meaning can offer organizations for getting the most out of their data," said Rohit de Souza, general manager, Power, HP Autonomy. "Recruitment is an area where you need to find the right people quickly and effectively to gain any value, but it's absolutely critical to make sure that the best candidates aren't missed."
Autonomy IDOL helps businesses drive real value from their data, thanks to its ability to understand the meaning in human information. With the majority of enterprise information now being in unstructured formats, the Autonomy IDOL platform offers a unique value proposition for organizations looking to generate greater return on their information.
Additional information about Autonomy IDOL is available at www.autonomy.com/content/Products/products-idol-server/index.en.html.
About Bond International Software and Bond Adapt
London stock market listed Bond International Software has been a global provider of Recruitment, HR and Payroll software & services for nearly 40 years.
Bond is one of the largest, and most established, global specialists in staffing software for recruitment agencies worldwide and is a rapidly growing provider of web-based e-recruitment and talent acquisition software to the corporate market. Bond also provides established HR and payroll outsourcing services and software directly to both the public and private sectors.
Headquartered in the United Kingdom, the Group also has offices in the United States, Australia, Canada, South Africa, Peru, Japan, Singapore China and Hong Kong -- with a global team of nearly 500 employees, 3,500 customers and over 100,000 users.
Bond Adapt customers include some of the largest recruitment agencies in the world and a large number of private sector organizations, including: Adecco, Hays, Michael Page and Manpower.
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.
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com.
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; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2012. 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.
Related Media Contacts
- For all Worldwide Media Inquiries, please contact: email@example.com