HP Exec Talks About Cloud Hosting, and Data Usage

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Posted on 15th June 2010 by cloudhostingguy in Cloud Hosting

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Hewlett-Packard’s new executive vice president of software & solutions, Bill Veghte, talked all about cloud hosting at the June 15 opening of the HP Software Universe 2010 conference. He discussed all about the fundamental questions confronting businesses in their quest to digest and manage data.

Veghte spoke to an audience of media and analysts at Maryland’s Gaylord Center, where HP will spend the next several days hosting sessions for customers, partners and developers.

“I’ve had the privilege of watching some very dramatic market inflections, in terms of how businesses are using productivity,” Veghte said, adding that his background with Microsoft—including years spent developing Windows—allowed him to witness several such inflections.

Later when ask about whether to virtualize a particular service or application, or to rely on a public/private clouds, or even whether the cloud will be best utilized on a platform or application level he stated “As I talk about this,” Veghte said, “the reality is that enterprises are accelerating that model today: you look at the fact that, out of the number of businesses, 76 percent of businesses think they will pursue a private cloud implementation in the next couple of years.” While the rate of data usage is increasing exponentially among both consumers and businesses, he added, the fact remains that some 85 percent of that comes from businesses.

“Even as that digital data is accelerating, the requirements on IT organizations around security and compliance continue unabated,” Veghte said. “In fact, ‘unabated’ is an understatement: we will see more security issues, not less.”

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3 Comments
  1. James Martin says:

    Booo

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    16th June 2010 at 11:19 am

  2. cloudhostingguy says:

    Why do you say that?

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    16th June 2010 at 11:20 am

  3. James Martin says:

    I love the fact that HP is going out there and telling the whole world that they are all in the cloud hosting world now that it’s blowing up. I thought they were innovates. Looks like they are just followers.
    What we really need is a company like HP out there in front leading the way. We’d all follow… Get out there and do something to help our world out. Don’t just sit on your ass and do nothing.

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    16th June 2010 at 11:22 am

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