Hewlett Packard Enterprise President: Data is the new currency

Hewlett Packard Enterprise President: Data is the new currency


FIRST, OUR TOP STORY THIS HALF HOUR, WE CONTINUE LOOKING AT THE BIG BUSINESS OF DATA. SOME EVEN CALLING DATA THE NEW OIL AS ITS ROLE AS A COMMODITY AND MUCH NEEDED. JOINING US NOW IS HEWLETT PACK A ARRESTED PRESIDENT AND CEO, AN ANTONIO NEIRE. WHAT’S YOUR TAKE ON THE NEED FOR DATA AND THE DEMAND YOU’RE SEEING RIGHT NOW.>>.>>WE LIVE IN AN INCREDIBLE TIME. BUSINESS IS DISRUPTED BY DIGITAL TRANSFORMATION. DATA IS THE NEW OIL. WE CALL DAY A TAKE IS THE NEW CURRENCY. — DAY A TAKE IS THE NEW CURRENCY. DATA HAS VALUE. PEOPLE WHO CAN GET INSIGHT FASTER WILL WIN. WE SEE THAT AS A MASSIVE OPPORTUNITY. MARIA: THIS IS SO IMPORTANT FOR BIG COMPANIES AS WELL AS INDIVIDUALS. HERE WE ARE IN DAVOS TALKING ABOUT THE POTENTIAL FOR A SLOWDOWN IN THE ECONOMY. ARE BUSINESSES SITTING ON CASH OR ARE THEY STILL INVESTING IN SERVICES LIKE DATA MINING?>>WELL, WE’RE COMING OUT OF 2018 WHICH WAS VERY STRONG. WE SAW AN INCREASE IN SPEND IN I.T., DRIVEN IN SECURITY, IN MORE COMPUTE CAPACITY, AS WELL AS STORAGE CAPACITY AROUND THIS DATA. ALSO WE SEE THIS MOVING IN A DIFFERENT DIRECTION, FOR EXAMPLE, NEW TECHNOLOGIES LIKE A.I. AND MACHINE LEARNING TO EXTRACT THE VALUE OF THE THE DATA. WE SEE GOOD MOMENTUM. WE SEE A SIGNALS OF A LITTLE BIT OF SLOWDOWN. THERE WERE OTHER PEOPLE BEFORE ME THAT MADE THE SAME COMMENTS. A LITTLE SLOWDOWN DOESN’T MEAN EVERYTHING WILL STOP. ACTUALLY STILL VERY, VERY STRONG. MARIA: YOU SEE BUSINESS PEOPLE DOING WHAT IN TERMS OF PUTTING MONEY TO WORK.>>DEPLOYING TACKER>>DEPLOYING AACKER>>DEPLOYING ARCKER>>DEPLOYING ARCHIR>>DEPLOYING ARCHITECTURES LIKE CLOUD MOBILITY, MAKING ENTERPRISES MORE EFFICIENT WITH NEW TECHNOLOGY AND THEN BASICALLY MOVING FASTER THAN EVER BEFORE. SO WE ACTUALLY ARE VERY, VERY OPTIMISTIC ABOUT THE FUTURE AND LIKE I WAS TELLING YOU EARLIER, THAT DATA WILL CONTINUE TO OUTPACE THE COMPUTE POWER WHICH MEANS MONEY WILL CONTINUE TO BE SPENT TO CATCH UP WITH THE DATA. MARIA: HOW DOES 5G CHANGE THINGS? WE’RE WAITING ON 5G.>>THERE WILL BE BIG INVESTMENT IN THE TELECOMMUNICATION SPACE TO LAY ALL THE INFRASTRUCTURE. 5G ACTUALLY FAVORS THE MOVEMENT OF DATA WHICH MEANS IT IS GOING TO ACCELERATE THE TRANSITION AND THE DIGITAL TRANSFORMATION OF EVERY INDUSTRY. LAST YEAR AT THIS EVENT WE TALKED ABOUT THE INDUSTRIAL REVOLUTION 4.0. 5G WILL ENABLE THAT. EVERYTHING WILL BE CONNECTED. MARIA: MORGAN STANLEY OUT WITH A REPORT ON HEWLETT-PACKARD ENTERPRISE STOCK AND THE STOCK DID GET IMPACTED, THEY DOWNGRADED IT, POINTING IT TO THE COMPANY’S EXPOSURE TO THE SLOWING SERVER AND STORAGE MARKET. YOUR REACTION?>>WE OBVIOUSLY RESPECT EVERY OPINION BUT I DON’T AGREE WITH THAT NEGATIVITY AROUND THE INDUSTRY BECAUSE THAT REPORT WAS ABOUT THE INDUSTRY AND EVERY COMPANY THAT WAS PART OF THAT REPORT WAS DOWNGRADED BUT ACTUALLY WE ARE VERY OPTIMISTIC ABOUT THE FEW ABOUT THE FUTURE OF SPENDING AND FRANCE TRANCE TRANSE TRANS FOR PAIN MEDICATION TRANSFFOR PAIN MEDICATION TRANSFORR PAIN MEDICATION TRANSFORMAPAIN MEDICATION TRANSFORMATIIN MEDICATION TRANSFORMATION MEDICATION TRANSFORMATION OEDICATION TRANSFORMATION OFDICATION TRANSFORMATION OF BCATION TRANSFORMATION OF BUSTION TRANSFORMATION OF BUSINON TRANSFORMATION OF BUSINESS. I THINK WE HAVE THE PORTFOLIO TO COMPETE AND WIN. MARIA: YOU’RE CERTAINLY IN THE SWEET SPOT OF WHAT’S GOING ON IN THE WORLD TODAY. ANTONIO, GREAT TO HAVE YOU ON

4 thoughts on “Hewlett Packard Enterprise President: Data is the new currency

  1. As more dull witted people allow big data into their lives, why will they be upset when hilarity soon breaks out for them?
    Why is big data the latest way to create a permanent underclass?
    Who escapes a negative, bad, or inaccurate data label?

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