

Hewlett-Packard has announced it’s signed an agreement to acquire cloud analytics platforms provider Vertica for an undisclosed amount. With the acquisition of Vertica the electronics giant can enhance its data optimization offerings portfolio with real-time, large-scale analytics.
“In today’s highly competitive environment, customers need the ability to manage the increasing amounts of data and growing streams of information with more flexible, more dynamic architectures,”
Big Data is becoming increasingly significant for the enterprise, and HP acquired the data analytics platform provider selected by one of the fastest growing companies in the industry. Vertica Analytics Platform was announced as Groupon’s platform of choice for analyzing customer data and scaling business intelligence. The platform can be deployed on Amazon EC2, which is a highlighted benefit for app publishers seeking scalable solutions and self-sustained IT management.
Analytics is about to become a very powerful industry, and related tools will be helping companies to assess their big data, make necessary changes to their offerings/ads and adjust themselves to ever changing landscapes. This is especially important for the mobile area, where HP is working hard to shift its product lineup around increased production and webOS.
When asked why HP made the decision to acquire Vertica, they tell us,
Big data analytics extend way beyond just HP, with some recent news coming from LinkedIn, which recently launched a new set of business analytics tools. From social networking to mobile advertising, analytics is a powerful necessity of scaling up and out, and maintaining a strong understanding of the rapidly expanding market. For the cloud, data analytics and big data are two very hot topics, and they’re branching industry developments of their own. We’ve looked at emerging services like Infochimps, which recently received its first round of funding, taking in a handsome $1.2 million in funding from DFJ Mercury.
Support our open free content by sharing and engaging with our content and community.
Where Technology Leaders Connect, Share Intelligence & Create Opportunities
SiliconANGLE Media is a recognized leader in digital media innovation serving innovative audiences and brands, bringing together cutting-edge technology, influential content, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — such as those established in Silicon Valley and the New York Stock Exchange (NYSE) — SiliconANGLE Media operates at the intersection of media, technology, and AI. .
Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a powerful ecosystem of industry-leading digital media brands, with a reach of 15+ million elite tech professionals. The company’s new, proprietary theCUBE AI Video cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.