Everybody’s talking about Big Data, analyzing that data, and doing so quickly to achieve the optimal business objectives. However, with the runaway growth of structured – and unstructured (human-generated data volumes reportedly increasing 43% annually) – data, there are also the information governance issues that must be addressed, something which HP is targeting with its latest set of cloud-friendly software solutions, HP ControlPoint and HP Storage Optimizer.
These products, which will ship later this month, are part of the company’s focus on leveraging its hardware and software assets to provide solutions that better address customers’ needs, and IG is a big and growing need, David Gould, Global Director, HP Big Data Solutions, Information Governance Software, told IT Trends & Analysis. Organizations have ample experience prioritizing structured data, but until now, have had to treat unstructured data equally. That data is not all equal – i.e. up to 70% of SharePoint files are duplicates – so HP is trying to create controls to more effectively manage, analyze and, where necessary, dispose of that data.
The Big Data technology and services market will grow at a 26.4% compound annual growth rate to $41.5 billion through 2018, or about six times the growth rate of the overall IT market, according to IDC. By 2020 it believes that line of business buyers will help drive analytics beyond its historical sweet spot of relational (performance management) to the double-digit growth rates of real-time intelligence and exploration/discovery of the unstructured worlds.
Moving forward, speed and agility will be essential. We are living in an idea economy that is fast and disruptive, and that time to value is still your greatest enemy and your greatest opportunity, said HP Chairman, President & CEO Meg Whitman at last month’s Discover. “The winners are those companies… who quickly use the power of IT to power the new world of ideas.”
Harnessing Big Data is critical, but while it offers big opportunities, it also presents big challenges. “Big Data overpromises and under delivers by 85-90%,” by which Mike Nefkens, EVP Enterprise Services, meant how much data was wasted.
We already have more data than we know what to do with, and IoT is still in its infancy. According to IDC, less than 1% of data is analyzed, and then there’s the whole issue of outdated and useless data, a digital landfill that consists of up to 80% of all digital data.
“ControlPoint isn’t a new product, but the use case of applying it to unstructured data (and migrating it, particularly to the cloud) … is really what we’re announcing here,” explained HP’s Joe Garber, VP, Information Governance. ControlPoint was acquired by HP via the Autonomy adventure that is currently in litigation. HP has just agreed to pay $100 million to settle a damages suit related to the $8.8 billion Autonomy write down (from the $11 billion purchase price), while it is seeking $5.1 billion in damages from Autonomy’s founder, Mike Lynch, and his finance director, Sushovan Hussain, in a suit filed in the UK high court.
The low-hanging fruit for the new announcements include organizations that are prioritizing information governance, said Garber. “They need to solve that governance problem sooner rather than later.”
Another opportunity centers around Big Data, and the need to access and understand that data earlier to leverage it for faster time to value, he added. The third customer set is large organizations that tend to be thought leader, “that have the most information and the most risk.” These include pharmaceuticals, oil and gas, and government.
This is HP’s second bundle to leverage its IG/Big Data assets, said Gould. In December it unveiled a hardware/software bundle, Intelligent Retention and Content Management, intended to allow global organizations to manage data throughout its lifecycle, lowering potential risk and cost while also increasing the value that can be attained from enterprise information. The solution included HP StoreAll, HP ControlPoint and HP Records Manager.
Dirty Details Done Dirt Cheap
HP Storage Optimizer is a new offering that combines file analytics with policy-based storage tiering and information optimization, allowing customers to reduce the volume of storage, shrink the cost and complexity of managing unstructured data and distribute information across multiple storage repositories including the cloud. It provides connectivity to a range of repositories including Hadoop, SharePoint, Exchange and others, and offers enterprise-grade scalability, built-in workflow security and audibility features and seamless retrieval by end users, as needed.
The new solution based on the HP ControlPoint file analysis product analyzes enterprise information and automates the migration of data to the most appropriate on-premise, cloud, Hadoop, or virtual repository. It helps organizations prioritize which information is moved to the cloud, as well as the appropriate cloud deployment to move it based on the content’s business importance, risk profile usefulness and governance policies. By delivering added insight prior to migration, organizations are able to better manage retention, reduce complexity and improve searchability, resulting in improved security, productivity and lower overall storage costs.