August 26, 2014
HP today announced HP Business Intelligence Modernization Services, which it said are designed to help enterprises understand, manage and leverage their data to improve customer engagement, create new business opportunities and reduce costs.
Most existing business intelligence environments can provide analytics and reporting, but are not designed to deliver insights from new formats and higher volumes of data, the company said in a release. It added that as demand for access to information increases, enterprises are being challenged to process unstructured data and vast amounts of sensor data in real time and on an industrial scale.
HP Business Intelligence Modernization Services is a suite of services, architectures and technologies designed to help clients integrate big data analytics into their existing environments to address new analytics requirements.
“Quickly defining an analytics and big data strategy is an essential step for companies to remain competitive in an environment where the amount of data being collected is outpacing their ability to leverage it,” said Martin Risau, senior vice president, analytics and data management, HP Enterprise Services.
The new HP Business Intelligence Modernization Services address three major service needs to support a client’s journey to become more data-driven and agile, the company said. These include:
* Discovery environments: “Data lakes,” data visualization tools and services enabling rapid, enterprise-wide data sharing and analytic discovery collaboration.
* Analytics solutions: Addressing specific analytics needs to run the business better.
* Hybrid data management: Enabling enterprises to deliver production-grade analytics integrated into business processes and systems that leverage relevant data.