After introducing the 'Moonshot' server two months back,
) or H-P has now unveiled a host of new storage solutions. The
new product launches will push H-P further toward the high-margin
enterprise storage space, thereby curbing its dependence on the
The new products such as 3PAR StoreServ 7450 Storage, 3PAR Peer
Persistence, StoreOnce Virtual Storage Appliance, StoreEver
MSL6480 Tape Library and Data Protector 8 will add to the family
of H-P's converged Infrastructure portfolio.
H-P's Converged suites bring together servers, storage and
networking products to manage data centers from a common
platform. The Converged platform has been designed to make data
center handling simpler, more flexible, efficient and cost
In today's technology-driven world, the enterprise storage space
is one of the most enviable growth areas and we believe that H-P
is doing very well in this category. Moreover, with advanced
offerings, H-P's Converged portfolio will able to attract new
In a separate development, H-P also announced the expansion of
its big data portfolio. H-P introduced a big data analytics
platform, HAVEn, which will offer H-P's analytics software as
well as hardware and services. The platform will allow the user
to develop and operate big data-ready analytics applications and
In April, H-P launched its 'Moonshot' server systems to ease
growing demand for cloud computing, e-commerce and big data. H-P
looked quite confident with Moonshot as it is expected to surpass
the benefits of traditional server systems in every possible way.
H-P has been trying hard to shift its focus from the PC-centric
business to the high-margin server, storage and cloud computing
space. The back-to-back launches of a new BPO (business process
outsourcing) solution, a host of desktop printers, two media
players and the Moonshot server in the past few months indicates
that H-P's plans are well on track.
But we think revenue flow from this could get delayed due to a
tough spending environment.
Currently, H-P has a Zacks Rank #3 (Hold). Investors may consider
other technology stocks that are performing well and have
positive Zacks Rank.
Advent Software Inc.
) all have a Zack Rank #1 (Strong Buy) and are worth buying.
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