Back to top

Analyst Blog

Hewlett-Packard’s (HPQ - Analyst Report) analytical platform, Vertica, has been chosen by Cerner Corporation (CERN - Analyst Report), a provider of health care delivery systems.

H-P’s Vertica Analytics Platform, part of the HP HAVEn initiative has provided Cerner with the required analytics and data management services and solutions to improve the performance of Cerner’s Millennium and Health Facts solutions.

Leveraging H-P’s Vertica Analytics Platform, Cerner is now able to manage and analyze large amounts of information for efficient and advanced clinical analysis and improved patient care.

H-P has realized that better management and analysis of data can help companies efficiently manage their customers. With this in mind, H-P has recently shifted its focus toward the analytics market. However, other consulting and IT companies such as Accenture Plc. (ACN - Analyst Report), International Business Machines (IBM - Analyst Report) and Cognizant Technologies have been in the analytics market for quite some time which might make it difficult for H-P to pick up market share.

As per a recent research report published by Gartner, the global analytics and business intelligence market is expected to grow 7.0% in 2013. Though this growth rate seems decent, it is low compared with the 16.0% growth estimated for 2011.

Gartner also expects the growth rate to remain in the single-digit range for the next few years. At the end of 2013, the analytics and business intelligence market will remain at $13.8 billion and grow to $17.1 billion by 2016.

Nonetheless, H-P is still reeling under pressure from the declining PC business and broad-based revenue declines from its other revenue generating segments. The company has also hinted at muted revenue growth in 2014.

However, H-P’s growing focus on new business segments, such as electronic medical records, cloud computing and the recently added analytics will help the company to grow in the coming quarters.

Currently, H-P has a Zacks Rank #3 (Hold).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
ERBA DIAGNO… ERB 3.55 +11.64%
CHINA BIOLO… CBPO 55.57 +7.40%
BITAUTO HOL… BITA 96.14 +5.58%
LUXOFT HOLD… LXFT 38.77 +3.64%
INSITE VISI… INSV 0.30 +3.41%