Hewlett-Packard’s new executive vice president of software & solutions, Bill Veghte, talked all about cloud hosting at the June 15 opening of the HP Software Universe 2010 conference. He discussed all about the fundamental questions confronting businesses in their quest to digest and manage data.

Veghte spoke to an audience of media and analysts at Maryland’s Gaylord Center, where HP will spend the next several days hosting sessions for customers, partners and developers.

“I’ve had the privilege of watching some very dramatic market inflections, in terms of how businesses are using productivity,” Veghte said, adding that his background with Microsoft—including years spent developing Windows—allowed him to witness several such inflections.

Later when ask about whether to virtualize a particular service or application, or to rely on a public/private clouds, or even whether the cloud will be best utilized on a platform or application level he stated “As I talk about this,” Veghte said, “the reality is that enterprises are accelerating that model today: you look at the fact that, out of the number of businesses, 76 percent of businesses think they will pursue a private cloud implementation in the next couple of years.” While the rate of data usage is increasing exponentially among both consumers and businesses, he added, the fact remains that some 85 percent of that comes from businesses.

“Even as that digital data is accelerating, the requirements on IT organizations around security and compliance continue unabated,” Veghte said. “In fact, ‘unabated’ is an understatement: we will see more security issues, not less.”


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