HP(NYSE) has announced the new Information Optimization Solutions which are likely to help enterprises to manage, understand and act upon the variety, velocity and volume of organizational data to drive maximum “Return on Information”.
It is important to note that Return on Information is the value that organizations generate from their investments in information solutions, services and resources by gaining insight from their data to make better and quicker decisions.
Big data is comprised of structured data from traditional databases, while the unstructured data consisting of images, videos, emails, texts and more, and semi-structured data collected from sensors and machines.
The volume of the world’s “digital universe” is expected to reach 8 zettabytes by 2015, making storage and management of data a challenge. According to new research conducted on behalf of HP, 53 per cent of business executives report that their organizations are not equipped with the right solutions to gain insight from Big Data. To the reader’s surprise, only 15 per cent of executives said their organizations currently incorporate unstructured data into their enterprise insights, processes and strategy.
According to Amit Chatterjee, Country Director, HP Software India, “Over the next several years, Return on Information will become the single most important measure of success for organizations. HP will continue to invest in and develop solutions and services that harness the volume, diversity and unpredictability of information to deliver real value to our clients.”
