Aiming to expand its big data analytics portfolio, Hewlett-Packard on Tuesday launched the platform ‘HAVEn’, designed to enable organisations to gain better insight into their data and deliver real-time outcomes.

“HAVEn, is a big data analytics platform, which leverages HP’s analytics software, hardware and services to create the next generation of big data-ready analytics applications and solutions,” HP Software & Solutions Country Director Amit Chatterjee told reporters at the launch event in Bangalore.

Without disclosing any number, he said “big data market in India is currently $200 million and is expected to reach $1 billion by 2015.”

Mr. Chatterjee said: “According to research commissioned on behalf of HP, nearly half (47 per cent) of companies surveyed in India will spend at least 10 per cent of their IT innovation budget on big data this year.”

“More than one-third of the organisations surveyed also believe strongly that Big Data is the largest competitive differentiator for their organisation. However, the study found that more than 10 per cent of these organisations have failed with a big data initiative they had implemented,” he added.

HP also is expanding its big data portfolio with new capabilities that help clients build and operate their big data solutions, with the launch of HP Operations Analytics.

“It is the first integrated big data analytics solution built on HAVEn, which delivers insight into all aspects of IT operations, so organisations can ensure quality service levels,” Mr. Chatterjee said.

The company also announced two additional products to help on the journey to big data- HP Vertica Community Edition and HP Autonomy Legacy Data Cleanup.

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