HP has announced an expanded big data portfolio designed to enable organisations to gain better insight into their data and deliver real-time outcomes.

According to research commissioned on behalf of HP, nearly 60 per cent of companies surveyed will spend at least 10 per cent of their innovation budget on big data this year. The study also found, however, that more than one in three organisations has failed with a big data initiative.

HP’s enhanced portfolio delivers the necessary services and solutions to facilitate the successful implementation of these initiatives, and to enable enterprises to handle the growing volume, variety, velocity and vulnerability of data that can cause these initiatives to fail.

To help organisations reap the rewards of big data, HP announced HAVEn, 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.

HAVEn combines technologies from HP Autonomy, HP Vertica, HP ArcSight and HP Operations Management, as well as key industry initiatives such as Hadoop, enabling clients and partners to make better use of their data.

To help organisations avoid setbacks and successfully deploy big data solutions, HP Technology Services has also expanded its Big Data Consulting Practice to ensure optimal IT infrastructure performance as well as support for increasing big data demands.

HP also announced two additional products to help on the journey: the HP Vertica Community Edition (free, downloadable software that delivers the same functionality of the HP Vertica Analytics Platform Enterprise Edition with no commitments or time limits); and the HP Autonomy Legacy Data Cleanup (information governance solution that helps clients analyse legacy data, lower costs and reduce risks while driving value from big data).