LAS VEGAS -- Hewlett-Packard (HP) nowadays unveiled its new HP economic Planning and analysis (FP&A) solutions, aimed toward recession-beleaguered IT executives who need to reduce expenses, prepare for a service-based mostly future, and run their departments like a enterprise -- all on the same time.
FP&A is a part of HP’s increasing IT fiscal management (ITFM) portfolio designed to assist chief suggestions officers (CIOs) and IT managers create comprehensive economic transparency, optimize fees deeply but prudently, and newly display the business value of IT services.
In a linked announcement here at the HP application Universe convention this week, HP unveiled enhancements to its task and portfolio management (PPM) answer for planning and organizing IT investments.
HP additionally opened its connected Tech forum convention right here this week. For the second yr in a row, BriefingsDirect will cowl the HP application Universe 2009 conference via a sequence of podcasts, blogs, transcripts and Twitter entries. [Disclosure: HP is sponsor of BriefingsDirect podcasts.]
observe the HP software Universe 2009 conference on Twitter by way of looking on #HPSU09.
HP undertaking and Portfolio management (PPM) center 8.0 arrives as a key part in ITFM, presenting integrated capabilities for IT portfolio investment administration, international resource efficiencies and IT economic transparency.
“PPM recognition is on the upward push as corporations align planned company investments with IT task portfolios,” said Daniel Stang, principal research analyst at Gartner, in a release.
Analysts besides myself are hearing perpetually from IT executives that charge-optimization, can charge-containment, and price-reduction initiatives are the desirable priorities being pushed from the business facet onto IT.
The enterprise leaders are annoying a transparent understanding of all IT fees and advantages as the world recession lingers, if no longer nevertheless steeply deepening. HP’s greater IT planning and analysis options are designed to aid IT executives in the reduction of costs devoid of jeopardizing it be ability to assist future growth when or not it's known as for.
The recession therefore hurries up the deserve to reduce total IT cost through identification and removal of wasteful operations and practices. but on the same time, IT departments need to more advantageous outline and enforce streamlined methods for operations -- and to reveal the close and much enterprise price of any new tasks.
As part of the opening keynote address right here today, Andy Isherwood, vice chairman and generic manager of HP software and options, referred to the recession compels greater management of IT. CIOs deserve to cut back prices, yes, but they should still achieve this devoid of jeopardizing future growth.
Consolidating IT cut charges and saves energy by way of specializing in the operational inefficiencies up front. "it be about getting down and dirty, not pie in the sky solutions," said Isherwood.
together with consolidation, IT leaders can more and more automate and virtualize infrastructure and facts centers. mixed with more advantageous economic administration, IT efficiency analytics, and IT resources optimization, businesses can reduce their IT operations expenses while atmosphere the stage for the brand new phases of advancement.
and those new merits, observed Isherwood, encompass using flexible sourcing, from on-condo premises facts facilities to outsourcers like HP's EDS, in addition to clouds, both on or by means of off premises companions like Amazon internet functions. As Ann Livermore of HP noted yesterday: every little thing as a carrier.
HP is already making ready to superior manage and govern the cloud transitions with its Cloud guarantee, which joins IT financial management, IT efficiency analytics, resource management as next essential focuses for the HP utility and solutions group.
To sum up, Isherwood referred to that HP's main solutions drives are round IT administration utility, assistance administration software, BI options, and Communications and Media options.
HP expects that after a 12-month duration of operational optimization initiatives that CIOs will also are seeking for more transformative IT practical birth advancements, together with such next-era data center bulwarks as consolidation, automation, and virtualization.
state-of-the-art urgent IT management and architecture selections, then, deserve to gain from more suitable monetary administration tools, proffer IT efficiency analytics, and make the most IT elements optimization thoughts -- for each near- and long-term benefits.
These financial efficiency indicator insights and disciplines for it's going to also area CIOs in a more robust position to analyze and pursue future bendy and price-cutting back sourcing options. those are bound to encompass modernizing in-residence legacy deployments, outsourcing to suppliers comparable to HP's EDS, and exploring numerous burgeoning third-celebration cloud offerings (on premises, off premises, or managed hybrids).
figuring out the actual fees and advantages of complex and sometimes sprawling IT portfolios right now helps improve the fiscal performance, while constructing the means to meaningfully compare and distinction latest with future IT deployment eventualities. Who knows if cloud computing will retailer money if they do not know the genuine prices of all-on-premises techniques?
Gaining real-time visibility into dynamic IT charge buildings provides a magnificent tool for reducing cost, whereas additionally protecting and enhancing ordinary efficiency. Holistic visibility throughout a complete IT portfolio also develops the visual analytics that can assist better probe for charge advancements and find waste.
here's where the HP planning, analysis and monetary administration solution involves the rescue when it comes to price, optimization priorities, and future planning comparisons.
The HP monetary Planning and evaluation product announced here these days is designed to aid organizations be aware prices from a service-based mostly viewpoint. It provides a common extract radically change load (ETL) means that may pull guidance from information sources, including HP PPM and asset administration items in addition to non-HP statistics sources.
charge Explorer, a key component of FP&A, provides business intelligence (BI) means for visualizing facts that's utilized to IT charges. users are able to see statistics displays color-coded to support establish distinctive dimensions and editions in expenses.
HP FP&A will also be run as a stand-on my own or along side different HP utility products such as HP venture Portfolio management middle, HP Asset supervisor and HP Configuration administration system as smartly because the newly more suitable version of HP task Portfolio administration (PPM) middle 8.0.
along with the software products, HP is additionally offering consulting features in keeping with finest practices, together with:
Key enhancements to HP PPM core 8.0 include:
What's greater, HP PPM is now accessible in a utility-as-a-carrier (SaaS)-delivered answer that presents accelerated deployment. expect much more from me on this field, by the use of podcasts and interviews with the key leaders.
HP is additionally providing new application professional capabilities for HP PPM eight.0, together with:
BriefingsDirect contributor rich Seeley supplied analysis and editorial tips on this put up. He can also be reached at RichSeeley@aol.com.