HP announced yesterday that it is acquiring Vertica Systems, a company I had recently highlighted as a highly successful real-time BI and analytics vendor operating "under the radar" while racking up an impressive client list. I see two takeaways from this:
1. Obviously Vertica is "under the radar" no longer, but more importantly:
2. This represents a big pivot for HP.
HP had been widely rumored to be exiting the BI/analytics market. Their NeoView product had failed to gain traction, and they recently announced an alliance with Microsoft to market a business intelligence appliance running Microsoft BI and SQL Server on HP servers. My guess is this means HP is making a heavy bet on real-time BI and analytics as the next growth business in this segment and are buying in through the Vertica acquisition.
It should be interesting to find out whether this ultimately signals HP's intent to focus on real-time business intelligence and analytics as a niche or if there are more acquisitions in the offing as HP seeks to build a new BI portfolio.
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