Looking to reclaim some of its lost market share in the storage sector, HP next week will release a slew of products to help businesses preserve, manage and archive data. The company will embark on its biggest product launch to date next week, announcing new hardware and services at its HP Americas StorageWorks Conference in […]
Looking to reclaim some of its lost market share in the storage sector, HP next week will release a slew of products to help businesses preserve, manage and archive data.
The company will embark on its biggest product launch to date next week, announcing new hardware and services at its HP Americas StorageWorks Conference in Las Vegas.
The systems giant hopes to win back some of the share it lost to rivals EMC, IBM and Sun Microsystems last year after storage revenues plummeted 15 percent in the third quarter.
To do that, the Palo Alto, Calif., company is looking to target medium-sized businesses, according to analysts.
On tap from the company’s StorageWorks line are the:
The products, positioned as lower-cost alternatives to rival systems, are all geared to help customers shepherd information from its inception until its deletion.
Analysts call this information lifecycle management (ILM) and argue that it is a vital movement to help corporations comply with government compliance regulations. To that end, HP has also proposed an ILM services framework to provide customers with consulting, support and management services.
Enterprise Strategy Group analyst Tony Asaro commended HP for stepping up to offer a lot of different products that customers are demanding to shore up their ILM strategies. He also said it is important to answer storage leader EMC.
“One of the things that we’ve always noticed is that EMC has a large portfolio of products, whether it was their own technology or whether they partnered with someone,” Asaro said.
He continued: “I’ve always referred to the large vendors as sleeping giants. Not just HP, but Sun and IBM as well. They have to round out their portfolios. Surround the wagons! Your customers are buying from someone so they might as well buy it from you.”
HP has a challenge on its hands, with EMC having such a dominant portion of the storage market. IBM and Sun are coming on strong, too.
The good news is that the storage market represents more than a $63 billion opportunity, according to IDC, meaning that sales opportunities could abound for companies that position themselves right.
Article courtesy of InternetNews.com
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