) HP As-a-Service Solution for
) HANA platform is now available globally.
The SAP HANA real-time platform is part of the SAP HANA database
that helps in data processing and provides a real-time outlook and
analysis of large volumes of data (market-related, social
networking sentiments to name a few). The adoption of this solution
will enable H-P to offer a more flexible, efficient and improved IT
solution to drive performance.
The collaboration between H-P and SAP HANA will enable
enterprises to get better acquainted with business goals and
upgrade their systems to deliver quality services. Additionally,
with in-memory computing (IMC) technologies running as a service on
the SAP HANA cloud platform, companies will be able to perform
better and minimize storage latency to generate faster response to
Origin Energy, Dr. Reddy's Laboratories and Avon Cycles are some
of the enterprises to have implemented the HP As-a-Service Solution
for SAP HANA.
Moreover, this solution will help big data analytics. The term
refers to management of vast quantities of unstructured data and
providing solutions for proper storage, safety, data mining and
easy access to this information from a cloud-based structure.
Therefore, greater adoption of the service will ultimately help H-P
to grow its business and increase revenues.
We believe that these new offerings from H-P will reduce the
complexity of IT asset and data management. Hence, we expect
adoption to be robust, boosting H-P's financial performance.
The company's traction in the cloud, security and big data
segments are positives. Its strategic focus on the software
business will help it to achieve long-term profitability. However,
continuing macroeconomic challenges, tepid IT spending and
International Business Machines
) are near-term headwinds.
Currently, Hewlett-Packard has a Zacks Rank #3 (Hold).
We are reissuing this article to correct a mistake. The
original article, issued on June 11, 2014, should no longer be
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