June 1, 2011 – HP introduced a new portfolio of IT performance software, with niche KPIs and connectors and the ultimate aim of unlocking more innovation spending.

The HP IT Performance Suite encompasses a range of operations management and planning offerings, overseen by the new IT Executive Scorecard’s single, real-time view of performance metrics across multiple sources and against departmental expectations. The IT oversight suite also integrates development on industry standards such as the Information Technology Infrastructure Library, according to an HP news release.

Coming in July will be a CIO Edition Standard of the suite, with financial planning and project and asset management modules for about two dozen best-practice KPIs.

Piet Loubser, HP Software senior director of product marketing, says the “journey” of development in the new suite will alter as CIOs are able to embed performance technology from the suite and subsequent industry-specific KPIs and connectors are rolled out.

HP cited Gartner industry research that put IT spending at more than $3.6 trillion this year, with about 70 percent of that earmarked for ongoing operations. Loubser sees the benchmarking and best practices related to those business-particular IT management methods as the means to funnel funding from performance monitoring to research and development.

“As an industry, we have an obligation to find ways to reduce the cost of ownership, reduce the cost of running our infrastructures and applications and get to the point where we can live at the speed of business,” Loubser says.

HP has linked users of the new suite to its CIO and Cloud Assessment tools, as well as to a new online community, Discover Performance.

Donna Scott, Gartner distinguished analyst, pointed to two challenges for HP going forward in this space: pushing its role and naming in IT performance management, and switching out its own business technology optimization vision. Scott says the new dashboards for reporting and aggregating data in the suite show promise, though HP’s strength in much of the rollout rests in services.

“While it says they will integrate those [tools] of third parties, this will mostly be services, which eventually could be productized. I don’t see industry specific connectors being developed at this time unless they are IT-KPI oriented, such as benchmark data,” Scott says.

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