UPDATED 07:58 EDT / MARCH 23 2011

HP Finalizes Vertica Deal, Gains Altitude in Big Data

HP has big plans and one of them is to step into the cloud industry, and will be needing the proper tools to offer cloud services. Today’s announcement of finalizing the acquisition of Vertica Systems, the data management solutions provider, enables HP to utilize a real-time analytics platform for holding and analyzing at the same time big data. The Vertica product will be offered by HP as software, as a service, and as a physical appliance.

‘The acquisition, initially announced in February, will provide customers with a powerful solution for managing big data, especially when considering the volume and types of data generated by businesses in today’s information economy. Vertica’s real-time analytics platform has the ability to concurrently load and analyze data, allowing customers to turn information into insight and a competitive advantage at the speed of business.”

Another acquisition made by HP in the cloud space includes Mulesoft, emphasizing HP’s grand plans of becoming a leader in cloud services. It’s an opportunity for HP to reasess some earlier initiatives that didn’t pan out as expected, for instance Neoview.

‘The close of the deal builds on HP’s strategic focus on cloud and connectivity, and will enhance the company’s capabilities for information optimization adding sophisticated, real-time business analytics for large and complex sets of data in physical, virtual and cloud environments.’

Earlier this month,HP’s Leo Apotheker announced the company plans and one important component is cloud services. HP intends to build and manage its own cloud-based infrastructure for enterprises, basing its plans on expertise as HP is currently working with seven of the ten largest cloud providers.

Big data management is central to the IT domain at the moment and there is a perceived inconsistence between supply and demand for quality datacentre space as noted by ARN. Top players in this domain have seized opportunity and kicked down by making important acquisitions: Microsoft acquiring DATAllegrom, IBM acquiring Netezza and EMC acquiring Greenplum.


Since you’re here …

… We’d like to tell you about our mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on SiliconANGLE — along with live, unscripted video from our Silicon Valley studio and globe-trotting video teams at theCUBE — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content.

If you like the reporting, video interviews and other ad-free content here, please take a moment to check out a sample of the video content supported by our sponsors, tweet your support, and keep coming back to SiliconANGLE.