Hewlett-Packard Company
's (
HPQ
) Converged Infrastructure suite was recently deployed by the First
American Title Insurance company to upgrade its data center
infrastructure. Financial terms of the deal were not disclosed.
The largest subsidiary of
First American Financial Corporation
(
FAF
), First American Title provides thorough title searches, title
clearance and title insurance policies to facilitate real estate
purchases, construction, refinances and equity loans. The company's
operations expedite the transfer of real estate amongst the
interested parties.
To manage this gigantic operation as well as to deliver services
more swiftly, the company was searching for a reliable medium to
switch its data center platform. The search was completed with the
ProLiant DL980 G7 server, the most invaluable part of H-P's
Converged Infrastructure Suite.
H-P's Converged Infrastructure solutions 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
effective.
The H-P solution helped First American Title to improve response
times while reducing power usage and costs relating to the transfer
of real estate.
H-P's Converged Infrastructure Suite has witnessed steady demand
from various industrial sectors, looking to which the company
strengthened the portfolio with the addition of 3Par Inc. (which
was acquired in August 2011). Last year, H-P deployed the solution
in many organizations to upgrade their data center infrastructures.
In today's technology-driven world, the enterprise storage space is
one of the most enviable growth areas. We believe that HP, with its
renewed strength in the Converged portfolio, will remain well
positioned to capitalize on this market.
Despite H-P's positive deal momentum, market position and
compelling product line, we remain cautious about its future
growth, particularly as competition from other big technology
players, such as
Cisco Systems Inc.
(
CSCO
),
Apple Inc.
(
AAPL
), Acer and
Dell Inc.
(
DELL
) heats up. Moreover, weak computing demand, weak position in the
tablet market, which is dominated by Apple, hard disk drive
shortages due to the Thailand flood and a strained IT spending in
2012 are concerns.
Currently, H-P has a short-term Hold recommendation (Zacks #3
Rank).
APPLE INC (
AAPL
): Free Stock Analysis Report
CISCO SYSTEMS (
CSCO
): Free Stock Analysis Report
DELL INC (
DELL
): Free Stock Analysis Report
FIRST AMER FINL (
FAF
): Free Stock Analysis Report
HEWLETT PACKARD (
HPQ
): Free Stock Analysis Report
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