Press Release: April 05, 2011

HP Helps Organizations Reduce Risk, Increase Efficiency of Information Management

Study finds 70 percent of organizations lack holistic approach to managing business-critical information

PALO ALTO, Calif. -- HP today updated its Information Management portfolio to enable organizations to reduce risk, increase efficiency and simplify the way they manage their business information.

Instant-On Enterprises embed intelligence into everything they do for a transparent, real-time view of information across the organization to service customers, employees, partners and citizens with what they need instantly. HP brings a holistic approach to information management to help executives harness the power of information to make better decisions, manage for cost and compliance, and deliver the right information to the right users at the right time.

According to a March survey conducted by Coleman Parkes(1):

  • Information management is at a breaking point for the enterprise.
    • Sixty-eight percent of enterprises stated that content explosion is adding greater complexity to an already complex world and causing significant storage issues and costs.
    • At the same time, 59 percent of companies say they are under pressure to cut costs on information-related processes and systems.
  • Information management, once the domain of IT, is now an enterprise-wide imperative. However, there is no single owner of information.
    • Forty-three percent of enterprises leave it to IT to manage, while 38 percent leave it to the CEO/board of directors.
  • Enterprises do not have efficient, comprehensive, integrated and information-policy driven approaches to information management.
    • Seventy percent of companies do not have a holistic approach to managing information.
    • Seventy-three percent of companies do not have a universal and strictly implemented formal information protection policy.
    • Only 18 percent are planning to implement a policy.

HP is helping organizations break down these information silos by providing a broad portfolio of solutions for all phases of the information life cycle, including capture, monitor, protect, retain, find and implement. 

  • HP Information Management Services delivers an integrated solution for managing information in any phase of its life cycle – from capture and creation to deletion and retirement. HP consulting services such as the IM Transformation Experience Workshop bring together legal, IT, business and chief information security officers to help establish policies to identify immediate best practices, while planning a holistic, long-term information strategy.
  • HP Integrated Archive Platform (IAP) now scales to manage up to 1 petabyte of data, 300,000 users and 20 million email messages per day, better meeting the performance needs of large enterprises. New HP Virtual IAP supports VMware vSphere®, which meets the information management needs of small to midsize enterprises in a cost-effective manner.
  • HP TRIM Enterprise Records Management has been enhanced with multijurisdictional retention, which automates complex retention schedules across multiple countries and within multinational enterprises. Localizing policies eliminates administrative overhead, reduces costs and simplifies compliance. The new bulk data loading capability further reduces costs with faster throughput of bulk record updates.
  • HP Database Archiving is now integrated with HP TRIM to give clients one platform for managing their structured information, as well as new connectivity to archive data from legacy systems during the application retirement process.
  • HP Data Protector software now provides Granular Recovery Extension for VMware vSphere, as well as snapshot support for 3PAR and non-HP arrays, at an up to 70 percent less total cost of ownership. HP Data Protector also adds down-to-the-second snapshot recovery to HP StorageWorks P4000. This fully automated approach requires no scripting, which reduces the costs and resources associated with protecting critical data.
  • HP Data Protector Reporter gives organizations improved insight into their backup operations with enterprise-level, multisite global analysis and reporting. Centralized, automated backup reporting optimizes operations and infrastructure, which can realize an up to 30 percent cost savings.
  • HP Storage Essentials software decreases costs for managing physical and virtual enterprise information infrastructure, while improving alignment of storage to business needs. HP Storage Essentials Backup Manager plug-in for HP Data Protector helps organizations monitor the entire backup process with a complete picture of their information state.

“For information to be a strategic asset, enterprises must have an integrated, complete view of their information,” said Robin Purohit, vice president and general manager, Products, Software, HP. “New enhancements to our HP portfolio help reduce risk and increase efficiency while moving clients toward a holistic information management strategy.”

About HP

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(1) “Information Management – A Global Enterprise Challenge,” March 2011, Coleman Parkes.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP’s businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2011 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2010. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

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