HP Salvation May Lie in Big Data
January 7, 2013
After all the bad blood between Hewlett-Packard and the folks from Autonomy, could it be that Autonomy’s technology will be HP’s salvation? CRN’s Kevin McLaughlin says it just might, at least in part, in “Can Big Data Actually Be the Thing that Saves HP?” McLaughlin begins by summing up HP’s recent problems:
“Things couldn’t get much worse for Hewlett-Packard (NYSE:HPQ). HP’s stunning announcement last month that it was taking an $8.8 billion write-down and launching an investigation into accounting improprieties related to its $11.1 billion Autonomy acquisition came amid a host of financial struggles for the IT giant. Some are due to industry headwinds, such as slowdowns in PC and printer sales and weakening enterprise IT spending. Other problems are of HP’s own doing, such as its $8 billion charge from its 2008 acquisition of EDS and an enterprise services business hampered by an outdated infrastructure and sales model.”
So what is the struggling tech giant to do? The article notes that, with big data’s growing importance, HP had better leverage it’s big-data tech immediately. Apparently, Meg Whitman, HP’s CEO, agrees; she says her company is extending both the technology from Autonomy and the analysis software from Vertica across their hardware lines.
Yes, big data in printers may just save the day. Who could have predicted that?
Cynthia Murrell, January 07, 2013
Sponsored by ArnoldIT.com, developer of Augmentext
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