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HP0-742 | OpenView Storage Area Manager Fundamentals

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HP0-742 - OpenView Storage Area Manager Fundamentals - braindump

Vendor HP
Exam Number HP0-742
Exam Name OpenView Storage Area Manager Fundamentals
Questions 61 Q & A
Recent Update October 17, 2018
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HP0-742 exam Dumps Source : OpenView Storage Area Manager Fundamentals

Test Code : HP0-742
Test Name : OpenView Storage Area Manager Fundamentals
Vendor Name : HP
Q&A : 61 Real Questions

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HP HP OpenView Storage Area

HP thinks small is beautiful | killexams.com Real Questions and Pass4sure dumps

ny (business 2.0) - ultimate week Hewlett-Packard introduced that it is buying two small software makers, Peregrine systems and AppIQ, to bolster its business application enterprise. These deals, the first massive application moves made under new HP CEO Mark Hurd, are a very good birth, but they aren't basically satisfactory to remedy the enterprise's application woes.

HP's application division, which misplaced $a hundred forty five million on $922 million in revenues final 12 months, facilities on two product households: OpenView for IT infrastructure administration -- in short, equipment that monitor a corporation's titanic array of servers and networks to diagnose and repair problems -- and StorageWorks, storage-administration application that performs identical work for the entire specialized servers an organization uses to store information.

Peregrine programs, which HP (research) is buying for $425 million, will add to OpenView's capacity to tune IT belongings (cataloging what forms of servers are on a company's network and what application they may be operating), whereas AppIQ, for which HP is spending an undisclosed volume, will bolster StorageWorks's capability to manipulate so-called storage enviornment networks, by which businesses hook storage gadgets at once into the network in preference to attaching them to a server.

software that manages servers and storage is a fast-starting to be category. IDC forecasts that system-management application will grow 62 p.c to $9 billion by using 2009, and HP is presently leading with about 13 percent of that specific market.

Dipping a toe into software

however HP is a nonentity in the relaxation of the application universe. besides the fact that it doubles its market share within the one niche the place it's at the moment mighty, HP's application enterprise would nevertheless be dwarfed through IBM's, which is ready 15 instances better and includes primary classes like databases and utility servers for which HP has no equal.

How can HP turn into a common application participant? There are three leading alternate options, all of which might require Hurd to lay down some serious greenbacks. With $12 billion in money, he has sufficient to spare, however all of the strikes come with feasible downsides. here's how quite a few HP application offers could play out -- and the influence they'd have on the relaxation of the trade.

1. purchase BEA systems.

HP had a disastrous foray into the world of application servers, spending $500 million to purchase Bluestone application, a company with a small market share, returned in 2001. It failed to have an awful lot option, since BEA methods (research), Netscape, and solar Microsystems (analysis) had already snapped up the decent software-server startups years before.

purchasing an additionally-ran proved a foul approach, and HP soon shut it down, opting to resell BEA's software in its place. however BEA techniques has struggled to get salary growing once more within the face of challenging competition from IBM (analysis) and Oracle (analysis), or not it's nevertheless a major participant in application servers and other middleware. HP may improve BEA by using its mammoth revenue force and channel partners to sell BEA's products.

downside: It might aggravate the relationship with HP associate Oracle, which desires to promote its own software server together with its database and company applications. current BEA partners like EMC (analysis) could stop selling BEA software if HP owned it, as a result of HP competes with EMC in storage.

2. purchase Novell and include open-supply.

Novell (research) has been struggling to shift far from its growing older NetWare working device in choose of marketing its neatly-regarded commercial version of Linux. It has various different respectable software, including the Zenworks line, which manages each home windows and Linux computers and will expand OpenView's potential to manage Linux methods.

Likewise, Novell's directory-administration software may circulate HP into a brand new, quickly-turning out to be container of software. Novell has gotten tight with the open-supply community, losing its personal proprietary application server in favor of JBoss, an open-supply assignment. HP has already embraced JBoss and the MySQL open-supply database, but bringing Novell's a professional open-supply engineers onboard may significantly expand its efforts.

draw back: HP would must wager that its revenue drive may do a better job of marketing Linux than Novell, whose revenue to date have dissatisfied. additionally, promoting Linux and Novell's directory and email application would truly put HP in conflict with Microsoft, at the moment a big companion whose windows software drives much of HP's hardware earnings.

three. buy a bunch of startups and increase new, integrated products.

The Bluestone debacle confirmed HP that purchasing a small enterprise to enter a new market isn't a winning circulation for it. but extending the same approach that led it to buy Peregrine and AppIQ, HP might target a number of small software groups that attain past its present choices.

for instance, HP resells data-core automation software from Opsware, a small startup greatest usual for its chairman, Netscape co-founder Marc Andreessen. Opsware's software goes past OpenView's monitoring capabilities to truly replace and reconfigure servers on the fly.

purchasing extra these days developed utility may assist modernize HP's older software lineup. also, purchasing startups poses no associate relationship conflicts.

draw back: whereas purchasing BEA or Novell would get HP into fully new fields of software and would not require huge integration with present product strains, buying startups to expand its latest gadget-administration area of interest would seemingly require expensive and time-drinking efforts to revamp both old and new utility code.

HP's software product traces are already in need of tighter integration -- each OpenView and StorageWorks have storage-administration items, for example -- so purchasing several startups may aggravate the problem.

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HP Storage Duo Ease administration Burden | killexams.com Real Questions and Pass4sure dumps

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HP whacks own storage application in prefer of AppIQ | killexams.com Real Questions and Pass4sure dumps

Goodbye, HP OpenView Storage enviornment supervisor. hey, AppIQ.

HP this week announced that it'll provide the boot to OpenView SAM in desire of AppIQ's StorageAuthority storage aid administration (SRM) application. In so doing, HP mimics the likes of Hitachi, solar Microsystems and SGI - all of which have partnered with the wee AppIQ. HP plans to slap the AppIQ code with a new identify, calling it HP Storage necessities.

there's greater than an easy rebranding recreation in shop for purchasers, according to HP. The Storage essentials utility may be merged with HP's systems insight manager server administration application through yr end. Ideally, this can provide administrators a single area for controlling both servers and storage systems.

A plus? sure. but you have got likely heard an identical "single window to the dazzling world of virtualized hardware" pitch earlier than.

A extra obvious bonus with the Storage essentials equipment is HP's opt for of a clear winner. AppIQ has been wolfed up by using a lot of carriers since it adheres to the business accredited SMI-S administration structure and because it has one of the most most refined tools round.

HP will, however, continue to sell the function-terrible Storage enviornment administration product for the subsequent 12 months and a half.

the brand new HP software goes on sale at the conclusion of March. shoppers pays anywhere from $2,000 on up to $60,000 for the product, and it will work with HP's SAN (storage enviornment network) and NAS (community connected storage) programs.

HP's storage division has been floundering for about six months now. enormous income and market share losses had been noticed by using consumers, analysts and opponents and played a task in former CEO Carly Fiorina's ouster.

regardless of these struggles, HP presents a fertile selling ground for AppIQ for the reason that it has large SAN and NAS income, in contrast to solar and Hitachi, which might be relegated greater to niche parts of the storage market.®

linked studies

Cisco swap companions see Fibre Channel greenEMC admits to iSCSI fleetHP and EMC able to settle historic storage dispute




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HP0-742 exam Dumps Source : OpenView Storage Area Manager Fundamentals

Test Code : HP0-742
Test Name : OpenView Storage Area Manager Fundamentals
Vendor Name : HP
Q&A : 61 Real Questions

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OpenView Storage Area Manager Fundamentals

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National Storage Affiliates Trust (NSA) CEO Arlen Nordhagen on Q2 2018 Results - Earnings Call Transcript | killexams.com real questions and Pass4sure dumps

No result found, try new keyword!Regarding overall conditions for Self Storage, we remain optimistic about fundamentals supporting continued growth ... a reoccurrence in our world. The one geographic area which deserves attention thi...

Have you noticed self-storage places suddenly everywhere? | killexams.com real questions and Pass4sure dumps

An overbuilt market casts a shadow on the industry, at least in the short term

Steve and Maureen Wilson took a leap of faith in 1977 when they opened a self-storage business along a now-bustling stretch of Cortez Road. Back then, mom-and-pop operations dominated the industry.

The tide changed in the wake of the Great Recession when many storage companies went bankrupt. Today, real estate investment trusts, or REITs, are scooping up independent owners with big money from Wall Street investors.

The success of the Wilsons’ Manatee County-based Hide-Away Storage Services can be measured in a $115 million transaction that placed the company into the storage portfolio of a publicly traded REIT, Denver-based National Storage Affiliates. The Wilsons received stock in the REIT and the local business. They did not get any cash, but the Wilson family retained 100 percent ownership of the management company that operates Hide-Away and they get a cut of the cash flow the business generates.

That was two years ago. Now, unease about oversupply and rising vacancy rates looms over the self-storage market as expansion continues here and elsewhere across the country.

“Supply is catching up and overtaking demand, and vacancy is going up and rents are going down,” Steve Wilson said.

“The Sarasota self-storage market is saturated,” said Barbara Denham, one of the senior economists at Reis Inc., whose researchers and analysts focus on commercial real estate market conditions and property valuations.

Three storage facilities were built in 2016 and two in 2017, according to the Sarasota County Property Appraiser's Office. In Manatee County, one was built in 2016 and two in 2017. Combined, Sarasota and Manatee counties are home to more than 100 self-storage facilities, according to statistics from the counties' property appraiser’s offices.

The saturated market is best illustrated by falling occupancy rates.

“Vacancy increased in Sarasota from 11.3 percent in 2015 to 12.2 percent in 2016 and again to 14.1 percent in 2017 as new supply exceeded the growth in demand," Denham said. "But the market is not expected to add much inventory in 2018.”

A few projects are expected in 2019, but the developer might want to wait to file a permit, given the increase in vacancy, she said. “Our current forecast shows vacancy increasing again in 2018 but stabilizing in 2019.”

Locally, Wilson said, “There are micro-markets where you can still do well. That’s the case almost any place.” He expects success with two new self-storage projects, one of which should be opening within days.

But his takeaway from the national Self Storage Association’s Spring Conference and Trade Show in the Orlando area this month is that the industry is overbuilt.

“I sort of predict that the Bradenton-Sarasota market is probably not going to see much new construction other than what’s going on now,” Wilson said. “We’re pretty full of storage facilities.

“Right now, there should be a pause occurring in self-storage development.”

The rise of REITs and Hide-Away's growth

REITs began invading the industry about five years ago, Wilson said. NSA, for instance, now holds ownership interests in and operates 533 self-storage properties spread across 29 states, with approximately 33 million rentable square feet.

And NSA is only the sixth-largest owner and operator of self-storage facilities among the six publicly-traded storage REITs in the country, according to statistics from Nareit, also known as the National Association of Real Estate Investment Trusts. NSA’s revenue in 2017 reached $268.13 million. Annual industry revenue stands at $38 billion.

Those six trusts own 18 percent of the 52,000 self-storage facilities in the nation, 74 percent are owned by small operators, while the remaining 8 percent are held by large companies that fall next in line to the REITs, according to statistics compiled by SpareFoot Storage Beat, a website serving the industry.

Hide-Away’s annual gross revenue has grown to $20 million, said Paul Feikema, Hide-Away’s incoming president-owner. “It’s up as we grew the portfolio. And our same-store is up year over year.”

Hide-Away has invested $40 million of NSA money into new opportunities, bringing the management company’s portfolio to $154 million, Wilson said. One of those investments came in the construction of a new self-storage facility by the intersection of State Road 70 and Lockwood Ridge Road. The store should be open within two weeks.

“That is our first new classic self-storage project with a manager that we have built in 20 years,” said Wilson, who was inducted into the national Self Storage Association’s Hall of Fame in 2010. “It’s going to do really well.”

Hide-Away’s other investment, the purchase and expansion of a 20-year-old store on State Road 64 and Lorraine Road, also has high visibility on busy roads.

The management company’s portfolio now stands at 23 properties spread out along the nine coastal counties from Hernando to Collier. Those include 21 self-storage facilities (five are Xpress storage businesses where automated kiosks provide customers access) and two warehouses for property storage, one in Bradenton and the other in Fort Myers. The warehouses are a small part of the business

But Hide-Away plans expansion, building a new facility in Cape Coral this summer and “very likely in Port Charlotte a little later,” Wilson said.

NSA controls expansion. “They’re the ones who access the capital markets, whether that’s debt or Wall Street,” Feikema said, “and so they do quarterly earnings calls and we dialogue with them frequently to make sure we’re all in agreement” on financials. Hide-Away gets a share of the earnings from NSA, certainly a motivating factor for best practices

The nonprofit Florida Self Storage Association has not compiled current statistical data about the number of self-storage facilities in the state, but estimates the number at around 3,200.

The average monthly cost for a Florida unit skyrocketed from around $65 in 2010 to almost $90 in 2017, with a dip beginning in 2010 and bottoming out a year later, SpareFoot calculated. The average price consumers paid per square foot jumped from 85 cents in 2012 to $1.02 by the end of 2017.

Overall, the most popular storage unit size in Florida is 5 by 10 feet, representing 31 percent of all units booked, SpareFoot reports. In Sarasota-Bradenton, those units rent for $128 to $50 monthly, though SpareFoot doesn't survey every facility. Hide-Away lists a monthly rate of $64 for a non-climate controlled unit.

Worries over saturation, though demand exists

Nationally, the industry appears tense over its future.

“The self-storage industry has been worrying about potential oversupply for at least the past 12 to 18 months — and fundamentals are starting to reflect that concern,” Reis Inc. reported recently.

“There is still demand but the market is oversaturated,” Denham said. “There’s been too much construction.”

The overall vacancy rate in the country increased to 11.5 percent at the end of 2017 from 11.1 percent at the end of 2011.

“This is not a large jump, but it represents the net of metros that saw a big vacancy rate increase and ones that had a decline in vacancy,” she said. “In 2018, the vacancy rate is expected to increase to 12.1 percent as new supply will exceed the growth in demand.

“In time, there may be some shift in lifestyle — of people buying and/or storing fewer things — but we have not seen a significant shift yet. Rent growth has been slow and is expected to stay below 2 percent per year in 2018,” Denham said.

A different lifestyle shift could be looming. “As apartment occupancy increases, so does self-storage; however, apartment occupancy growth has been decelerating so, naturally, growth in self-storage is decelerating, but still positive,” she said.

“We saw an increase in the home sales market at the end of the year, as the pent-up demand for housing looked to be cracking, but this could reverse, given how the tax law reduced the incentive to buy a home.”

The deeper issue is the very nature of the business.

“Why is there this great boom in self-storage building and supply right now? There really are several reasons,” Wilson said.

“One, the market has been very good and the economic returns in self storage have been very good the last 10 to 20 years, excluding about two years with the Great Recession. Given that fact, all of a sudden self storage is in the minds of all kinds of investors — institutional; wealthy people. It’s become an attractive business.”

But self storage differs significantly from most industries. A company building a retail center strives to land an anchor tenant in order to build interest in the property and gain more customers. No anchor, no project.

“That’s different from self storage,” Wilson said. “You build self storage purely on speculation. You don’t have one customer. You won’t know how successful you’ll be until you’re well into it — three years.”

“There’s going to be a lot of people who are not going to make money in this business, but they don’t know it and they won’t know it for about another two years. … You can’t just go put a storage facility up, and say 'if you build it, they will come.'”

Denham agreed the haphazard approach is a loser.

“Some self-storage markets have done very well and have exceeded the apartment market returns, but many of these now have significant construction underway. You have to do your due diligence, look at the data — especially on expected construction and vacancy, rent growth — and research the market.”

All in the family

Steve Wilson launched his self-storage business not on a whim but a prayer. He worked as a foreign correspondent and domestic reporter with The Associated Press for more than a decade and a government reporter in Manatee County for two years. In that job, he worked with real estate appraisers and then figured he could do that, so he began studying to become one. But after seeing some self-storage garages while visiting relatives in Indiana, he decided to invest a small inheritance he received from his mother in his first self-storage facility, on Cortez Road at 32nd Street.

“I was in the right place at the right time,” he said. “I had just become a Christian. I had one of those classic born-again experiences.” Faith remains one of the company’s core values.

At 75, Wilson says he plans to slow down. Instead of president, his new title is “founder-owner.” Feikema, who’s been with the company since 2005, became president-owner this month. A civil engineer and veteran Navy officer who remains in the Reserve, he’s Wilson’s son-in-law — married to Laurie. Wilson’s other daughter, Meisha, is the vice president-owner.

They deliberately put owner in position titles. That way, nobody will mistake them for NSA employees.

Both of Wilson’s daughters attended Bradenton Christian School as did Feikema, who was a classmate of Meisha’s in the class of 1989. Laurie was ahead a class and she met Feikema at the school.

To this day, Steve Wilson claims he is not a businessperson. His history shows otherwise.


Storage Niche Overpacked | killexams.com real questions and Pass4sure dumps

People stick all kinds of junk into self-storage centers. Now, many centers are becoming junk themselves.

In an example straight out of Economics 101, supply is now outstripping demand in the self-storage industry, dragging down a business that once seemed practically recession-proof.

In a humbling setback, Glendale-based Public Storage Inc. was forced earlier this year to roll back its prices after a sharp increase in 2001 prompted customers to store their stuff in cheaper facilities being built by an ever-growing number of rivals.

"Our timing was not very good," acknowledged Harvey Lenkin, president of Public Storage, the industry leader with about 1,500 locations nationwide. "We began to be impacted by our competitors offering incoming specials and discounts."

Across the country, the number of storage facilities has shot up by more than 60% in the last decade to 35,176 properties, according to MiniCo Inc.'s Self-Storage Almanac. Officials at the publication said they had no figures for California specifically, but industry executives say the pace of growth in the state has been equally swift. There are about 6,000 storage centers statewide, with more than half of them in Southern California.

Certain spots in Southern California are especially overbuilt. Construction of self- storage centers has surged in such places as north Orange County, the San Fernando Valley and the Inland Empire. And since storage centers draw from a fairly small geographic area, it doesn't take much to throw a market out of whack.

In La Habra, for instance, the managers of a Shurgard Storage Inc. center must compete with a new A-1 Self Storage center, while a new Public Storage facility goes up just down the street.

"The business environment is difficult," said Jim McNamee, regional vice president for Seattle-based Shurgard, the nation's second-largest self- storage provider. The company's facilities in Southern California, he added, "have certainly seen erosion in rates and occupancy over the past year."

Traditionally, self-storage executives have bragged that their business was immune to the ups and downs of the economy. That's because demand seemed to be driven primarily by milestones in consumers' lives--new jobs, unemployment, divorce and births--that remained constant. But now, industry representatives say, there are even signs that besides supply shooting up too fast, demand may be slackening.

For example, calls from potential customers to Public Storage and other companies began to decline at the end of last year as the booming housing market moved many families from apartments to more spacious homes. Industry executives estimate that self-storage occupancy rates in Southern California have dropped as much as 10% from year-ago levels.

Despite the cutthroat environment, some insist that the right location can still make self-storage a lucrative business. In the rapidly growing Inland Empire, executives of real estate firm Empire Cos. said they had no qualms about nearly doubling its number of self-storage units. The occupancy rate remains above 95% even though the company has raised rents.

"We like the business," said James Brooks, president of Empire's commercial real estate division. "It's a business of collecting rents."

Meanwhile, the relative ease of building and operating self-storage centers and the entrepreneurial nature of the business--the top 100 operators control less than 15% of the industry--continue to attract newcomers.

It takes only about $3 million to $5 million to build a typical suburban storage center that--thanks to minimal construction and staffing costs--can break even if it is only 30% occupied, according to industry analysts. Owners of favorably located centers can reap rents on a per-square-foot basis that equal those of apartments but without the high maintenance and investment costs.

Enticed by these fundamentals, many go into the business with big dreams, determined to become the next B. Wayne Hughes.

Hughes, an industry pioneer and Public Storage co-founder, ranks as one of California's richest individuals, with a net worth estimated at about $1.6 billion. At this week's Inside Self Storage Expo, a large industry convention in Orlando, Fla., one of the seminars is titled "Who Wants to Be a Self-Storage Millionaire?"

But too many would-be millionaires are clearly bad for the industry.

"It's too easy to get into the business," said Irvine real estate investment manager Robert M. Campbell, whose CT Realty is investing in self-storage centers. "That gets everybody and their grandmother into self-storage."

The difficult conditions have prompted some to become more cautious. For its part, Public Storage plans to add only about 35 new locations this year, which, the company notes, is a small increase over its existing portfolio.

"We are going to play conservatively," said Lance Watkins, head of Storage Outlet, which operates a small chain in Southern California. "I'm ready to pass on certain sites to make sure we're building at the right locations. I think the yellow [warning] light is on and strong on overbuilding."



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