HP Unveils Performance Suite for the Instant-On Enterprise

New software products help IT perform at its peak

HP Discover 2011

PALO ALTO, Calif.--()--HP (NYSE:HPQ) today unveiled a new suite of software to operationalize, measure and improve IT performance across the industry’s broadest set of technology investments and asset classes.

Tech executives require standardized, efficient tools that measure, benchmark and improve performance. Having a comprehensive view of this performance enables chief information officers (CIOs) to deliver an Instant-On Enterprise that embeds technology in everything it does to serve customers, employees, partners and citizens with everything they need, instantly.

Today, most key performance indicators (KPIs) for IT are collected across disparate systems using different methods. This creates management complexities that can slow responses to shifting priorities and changing market conditions.

The HP IT Performance Suite includes the new HP IT Executive Scorecard and helps IT perform better by providing CIOs insight from across the industry’s most comprehensive range of solutions to manage and optimize application development, infrastructure and operations management, security, information management, and financial planning and administration.

Each product in the HP Software portfolio improves the performance of the discrete IT functions addressed, while the IT Executive Scorecard helps technology executives optimize overall IT investments and outcomes.

The HP IT Executive Scorecard provides visibility into critical performance indicators at cascading levels of IT leadership. Its foundation is the open IT Data Model with built-in capabilities to integrate data from multiple sources, including third-party products, to deliver a single view of IT metrics. Using the scorecard, IT leaders can rapidly measure, benchmark and address performance issues on their organizations’ journey to becoming an Instant-On Enterprise.

“Every CIO needs to do two things: constantly shift resources to support changing enterprise priorities and clearly demonstrate return on IT investment,” said Bill Veghte, executive vice president, Software, HP. “The HP IT Performance Suite is the first software offering that does both, by putting the power of agility into the hands – and budgets – of IT leaders with real-time insight and optimization of IT investments.”

Evaluate, develop, action!

The IT Performance Suite uses HP’s life cycle approach to software development and management, and integrates industry standards such as the Information Technology Infrastructure Library (ITIL). In addition, HP research has identified 150 standard, best-in-class KPIs, more than 50 of which are included in the upcoming release of the HP IT Executive Scorecard.

Through HP’s unique cascading scorecard approach, KPIs are distributed in dashboards that provide real-time, role-based performance insights to technology leadership, allowing alignment across common goals for an entire IT organization.

Expected to be available soon, the CIO Edition Standard is the HP IT Performance Suite’s first persona-oriented solution. It includes the Executive Scorecard along with Financial Planning and Analysis, Project and Portfolio Management, and Asset Manager modules. This edition automatically integrates data from the modules to provide more than 20 best-practice KPIs covering financial and project health, enabling the optimization of IT performance from a business investment point of view.

“Leveraging emerging technologies to drive new business models is becoming my primary focus,” said Alexander Pasik, chief information officer of the world’s largest technical professional association, Institute of Electrical and Electronics Engineers (IEEE). “The traditional operational aspects of IT must be streamlined and instrumented, and thus measurable, so as to enable this increasingly necessary function. With IEEE’s planned implementation of the HP IT Performance Suite, I expect to have, for the first time, one complete view of IT’s performance using the indicators that matter most to our business.”

More tools and services

As a first step, HP’s online CIO and Cloud Assessment tools help clients quickly evaluate their current level of IT Performance Management maturity. HP Strategic Advisory Services are designed to help clients define KPIs based on enterprise priorities and deliver actionable roadmaps to ensure maximum value from the HP IT Performance Suite. HP Solution Consulting Services use a deep expertise in HP Software products to help clients reduce costs and ease the implementation of the HP IT Performance Suite.

Many of the solutions that make up the IT Performance Suite are available as a service, based on HP’s decade-long experience in helping IT professionals rapidly adapt to change, deploy in-house resources more effectively and assure business outcomes for the enterprise.

New communities

People who register now for the new online community Discover Performance at www.hp.com/go/discoverperformance/reg will receive the inaugural edition of Inflexion, a bimonthly online publication that delivers actionable insight from peers, thought leaders and analysts.

Community members receive access to exclusive content and analysis with a focus on initiatives that turn IT performance into business success. Members also will be invited to exclusive webinars and local events.

Availability

The HP IT Performance Suite, CIO Edition Standard and the HP IT Executive Scorecard are expected to be available soon.

HP’s premier client event, HP DISCOVER, takes place June 6 - 10 in Las Vegas and Nov. 29 - Dec. 1 in Vienna, Austria. The event showcases how organizations can get started on their Instant-On Enterprise journeys.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world. More information about HP is available at http://www.hp.com.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP’s businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2011 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2010. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

Contacts

HP
Diana Wong, +1-408-447-0900
diana.wong2@hp.com
Heather Sieberg, +1-573-996-1922
heather.sieberg@hp.com
HP Media Hotline, +1-866-266-7272
www.hp.com/go/newsroom

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Contacts

HP
Diana Wong, +1-408-447-0900
diana.wong2@hp.com
Heather Sieberg, +1-573-996-1922
heather.sieberg@hp.com
HP Media Hotline, +1-866-266-7272
www.hp.com/go/newsroom