During the Green Revolution, American agricultural technology was exported to India to solve a food crisis. Fast-forward to today and India is now a powerful player in the technology sector, exporting its technology to the United States and other leading economies. One of these key technology exchanges between the United States and India is through Hewlett Packard (HP). HP’s office in India is developing cutting-edge analytics technology for the global “big data market” and India’s own growing sector.
India’s use of this new technology from HP has valuable lessons for United States agencies.
From Bangalore, India HP announced the launch of HAVEn, a platform created to give organizations unprecedented insights into their data in real-time, according to The Hindu. While most people know that India’s population is big and growing (1.2 billion), few know the same can be said for India’s current market for data. Currently, big data in India is a $200 million market, and is expected to reach $1 billion in 2015, according to HP Software & Solutions Country Director Amit Chatterjee. The market share of big data held by the United States is valued around $3 billion, according to a report from Transparency Market Research (TMR). However India’s growth rate is much faster. While America’s share will increase by 100% (according to TMR) while India’s will grow 400%. HP clearly believes India is an exciting new market for big data as they choose their Bangalore office for the launch.
What will HAVEn accomplish? HAVEn is a data analytics platform that leverages HP’s current analytics software to create analytics that can handle growing quantities and changing sources of data. As big data grows globally, analytics must get smarter. HAVEn is a platform built specifically for big data.
How will HAVEn be used? In India, half of companies surveyed will spend at least 10% of their IT innovation budget on big data this year, according to HP. Over 30% classified “big data” as the most important factor for gaining a competitive edge in their market. HAVEn can help agencies pull ahead with next-generation analytics. Specifically, “HAVEn delivers insights into all aspects of IT operations, so organizations can ensure quality service levels,” said Chatterjee.
According to GovLoop’s most recent survey data, only 15% of American agencies rely on analytics to meet their goals, but the vast majority of these agencies would like to be using analytics more. With HAVEn, agencies around the world do not need to start from scratch to deploy analytics that can keep up with the fast growth of the big data market.
If you would like a better understanding of Analytics, please check out GovLoop’s recent guide, Unlocking the Power of Government Analytics .Be sure to explore HP’s page on GovLoop to find more about their technology, including HAVEn.
HP’s mission is to invent technologies and services that drive business value, create social benefit and improve the lives of customers — with a focus on affecting the greatest number of people possible. Check out their HP for Gov group on GovLoop.