Posts Tagged Vertica
HP and Hortonworks deepened their relationship last week, and the deal says a lot more about the former than it does the latter.
The news is that HP is investing $50 million in Hortonworks for about a 5% ownership stake in the company (Hortonworks’ Series D valuation is estimated at $1.1 billion) and a seat on Hortonworks’ board. HP will resell the Hortonworks Data Platform (HDP) and provide Tier 1 support to customers. The two companies will also work together to certify the HP Vertica analytic database on YARN.
After a (very) brief respite, #theCUBE is back on the conference circuit. Starting tomorrow at 10:20am ET, theCUBE is live for two days at the HP Vertica Big Data Conference (#HPBigData2013) in Boston. Unlike some Big Data shows that focus more on vendors, the Vertica show is heavy on customers and real Big Data end-users.
A crucial component of the Big Data value proposition is the ability to bring together structured and unstructured data in a single platform for business analytics and application development. That approach received further validation last week when HP announced it had “combined” Autonomy’s enterprise search platform with Vertica’s massively parallel analytic database into a single Big Data Analytics platform.
Like IBM before it, HP seems to have come to the realization that satiating CIO’s growing appetite for business analytics software is a better business than manufacturing low-margin personal computers.
During its Q3 earnings call last week, HP announced its intention to get out of the PC and mobile device business and revealed it is in negotiations to acquire Autonomy, a U.K.-based enterprise search vendor that specializes in software to analyze unstructured text-based content.
Both moves, as well as its acquisition of Vertica earlier this year, indicate HP will focus much of its efforts – and bank much of its future — on the enterprise software market. Specifically, HP is hoping to ride the Big Data wave to big profits.
That’s understandable if you consider HP’s marketing strategy. The Palo Alto-based technology giant is betting the future on its ability to deliver integrated server, storage and networking solutions and is determined to draw a distinction between what it considers its open standards approach and that of competitors like Cisco and Dell.