) or H-P recently announced a free version of HP StoreVirtual
Virtual Storage Appliance (VSA) with the purchase of HP ProLiant
Generation8 (Gen8) servers. The package is targeted at small and
medium business (SMB) owners that should as a result see enhanced
performance and flexibility.
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That's because this cost-effective bundle helps to reduce
complexities, protect privacy and reduce data loss and also
accelerates data transfer. It is available across multiple
Additionally, the new HP StoreVirtual VSA features data
optimization with product offerings ranging from 4-to-50 TB
capacity. This offering will also help H-P to simplify the
complexity associated with the management of IT assets and
consumer electronics, in accordance with environmental and data
According to a recent survey by Gartner, 82% of server workloads
will be in virtual environments by 2016. This could increase
management complexity and operational costs. The introduction of
HP's VSA lowers costs by up to 60% per user as compared to the
prior generation product, thus helping to mobilize the entire
workforce. Moreover, IDC predicts that 80% of applications will
be virtualized by 2015.
Apart from this, H-P also recently unveiled a new HP mt41 mobile
thin client. The offering provides enhanced performance and
H-P remains focused on shifting its focus from its 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 indicate
that H-P's plans are well on track.
However, increasing competition from companies like
) coupled with continuing macroeconomic challenges and tepid IT
spending will pose challenges, going forward.
Currently, H-P has a Zacks Rank #3 (Hold).