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0 Century Fox Partners with HP to Deliver Converged Cloud Digital Enterprise

12/06/2013

20th Century Fox Partners with HP to Deliver Converged Cloud Digital EnterpriseCompanies foster innovation without compromise

LAS VEGAS -- HP today announced that 20th Century Fox (Fox) has selected HP as its strategic cloud partner, using the power of the cloud to drive business growth through increased agility while ensuring that its entertainment assets remain secure.

Fox's cloud initiative will enable IT to offer agile, scalable and cost-effective services to the Fox Business Units that leverage the Fox Enterprise Media Framework (EMF), a mission-critical set of capabilities for managing, collaborating and distributing media assets globally.

The entertainment industry's digital transformation has placed huge demands on Fox's IT environment. By migrating its traditional IT infrastructure to a converged cloud solution, Fox is driving out IT costs while supporting business innovation.

We continue to build upon our world-class digital supply chain by transforming into a cloud-enabled enterprise, providing the scalability and agility our business partners demand, said John Herbert, executive vice president and chief information officer, 20th Century Fox. In addition to media management, this highly efficient, cost-competitive cloud solution provides an ideal environment to support our internal cross-divisional customer needs.

As a result of this transformation, Fox will further align business and IT, accelerating enterprise agility and shared services responsiveness. The converged cloud enterprise framework will be powered by an HP CloudSystem Enterprise including HP 3PAR StoreServ Storage, HP Cloud Service Automation, and HP Database and Middleware Automation to deliver true cloud pooling of resources. This will allow Fox to provide real-time consumption and capacity monitoring, resulting in transparent and competitive cost structures. Fox also plans to use the bursting capability of HP CloudSystem to burst to HP's public cloud when peak demand requires additional capacity.

Key to the solution will be the ability to provide zone-defined cloud security. This will allow Fox to create high-security cloud zones for media management and content distribution, delivering the full flexibility of a digital enterprise while mitigating the risk. Unique cloud zone security profiles will be used for marketing, publicity and production content. These security cloud zones will be underpinned by solutions from the HP Enterprise Security portfolio.

20th Century Fox has taken a visionary approach, building its cloud infrastructure for the future, said Bill Veghte, chief operating officer, HP. They are disrupting the traditional IT delivery methods and transforming themselves from a builder to a broker of IT services.

Fox expects the following benefits from its cloud journey:

Reduce data center footprint by 70 percent.

Cut traditional compute and storage provisioning from five weeks to 15 minutes.

Shift 50 percent of IT resources from commodity support to global service brokering.

Implement rate-card-driven shared services.

About 20th Century Fox Film

One of the world's largest producers and distributors of motion pictures, 20th Century Fox Film produces, acquires and distributes motion pictures throughout the world. These motion pictures are produced or acquired by the following units of 20th Century Fox Film: Twentieth Century Fox, Fox 2000 Pictures, Fox Searchlight Pictures, Fox International Productions and Twentieth Century Fox Animation.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance, market share or competitive performance relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HPs intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs and retirement programs; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2012. HP assumes no obligation and does not intend to update these forward-looking statements.

2013 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth
LINK: http://www8.hp.com/us/en/hp-news/press-release.html?id=1425612...
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