Hewlett-Packard Co. CEO Meg Whitman
has ordered a revamp of the company’s strategy, and its technology
chief, John Hinshaw, is spearheading a series of moves intended to
support this transformation. As the CIO Journal reported
Friday, H-P is also moving much of its IT infrastructure, as well as
support for its business processes, to cloud-based services. Mr.
Hinshaw, executive vice president of technology and operations, also
told CIO Journal his work includes using the company’s predictive
analytics applications to improve sales of its computing products,
including servers, laptops and printers.
For the last six months, H-P has used its Vertica database management
product to analyze every Web page click on HP.com. The application
provides hundreds of metrics about products users are researching,
including how much time they spend looking at products. Recently, the
software noted spikes in traffic on Web pages for H-P’s new Envy
laptops. Vertica sent this information to H-P’s supply chain, which
cranked up production of those computers. H-P also uses click-through
data to improve the way it displays product information. As a result of
these changes, H-P has seen product sales spike – both online and
offline — for some products, said Mr. Hinshaw, who declined to provide
sales growth percentages. “It’s given us great information about what
people are doing on the Web,” he said.
H-P is also using its Autonomy analytics software. At the end of each
quarter, workers in H-P’s global business services unit use Autonomy to
manually process certain large orders that cannot be processed
manually. Using criteria such as margin and unit size, Autonomy alerts
the processing team about orders of highest value. “We make sure those
get in first, which improves customer satisfaction,” Mr. Hinshaw tells
CIO Journal. He hopes these kinds of improvements will also find their
way to the bottom line, which is right where Ms. Whitman expects them.
With these efforts, H-P joins other companies such as Royal Dutch Shell, Gilt Groupe and GameStop, in parsing large amounts of data for insight into their businesses. IDC said Tuesday Big Data technology and services will grow at a 31.7% compound annual growth rate, reaching $23.8 billion in 2016.
Original Source
HP Using Its Analytics Software to Grow Sales
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