Seeking Alpha

WSJ: H-P replacing Verizon as Obamacare site hosting provider

  • The WSJ reports the Department of Health and Human Services plans to have H-P (HPQ +9%) replace Verizon's (VZ -0.2%) Terremark unit as the Web hosting services provider for the much-criticized Obamacare health-insurance marketplace site (HealthCare.gov).
  • The department reportedly awarded H-P a contract over the summer, before the site went live and ignited a firestorm of criticism due to performance, reliability, and security concerns.
  • While the dollar value of the deal is unlikely to significantly move the needle for either H-P or Verizon, the department's switch could have PR implications. Both H-P and Terremark are trying to gain ground in a hotly competitive cloud infrastructure market currently dominated by Amazon.
  • The report comes on a day in which H-P nearly made new 52-week highs on account of its big FQ4 revenue beat.
Comments (10)
  • Asok_II
    , contributor
    Comments (29) | Send Message
     
    Wow! The Obammunists are REALLY panicking to make a move like this, because the chances that things get worse, much worse, before they get better (if ever) with a move like this is about 100%.

     

    Besides, picking HP to do this instead of Verizon is like jumping from the pan into the fire.

     

    If they REALLY had wanted to pick a competent company and website host, they'd have picked google or amazon or the like.

     

    Besides, how can they just "pick" anyway? Whatever happened to "bidding"?
    27 Nov 2013, 06:57 PM Reply Like
  • acrturus
    , contributor
    Comments (45) | Send Message
     
    Nice assertions. Maybe have your ODS treated.
    27 Nov 2013, 07:10 PM Reply Like
  • acrturus
    , contributor
    Comments (45) | Send Message
     
    Nice assertions. Maybe have your ODS treated.
    27 Nov 2013, 07:10 PM Reply Like
  • bgold1955
    , contributor
    Comments (2237) | Send Message
     
    @asok.... Your inappropriate 3rd word in your comment made the rest of it irrelevant. No one cares about your politics.
    28 Nov 2013, 12:28 PM Reply Like
  • Morrie
    , contributor
    Comments (36) | Send Message
     
    There is no doubt that the procurement of IT providers for this big and complicated program has been haywire from the get-go; however, HP has been an excellent hardware and good software provider for many, many years. I have first hand experience with their ERP software and their scientific instrument products over 3 decades. I would trust them to deliver against their contract vs Verizon any day of the week. Verizon has good long haul fiber lines but I have never liked their business practices based on 30 years experience. As a retired global class procurement expert retired from the 50th largest international telecom company, I would very likely be looking to replace some civil service buyers/directors. Obama was sold a bill of goods and little more in this case; he is not and never will be IT knowledgeable and no one should blame him directly but he should have had an overall super grade project manager selected from private industry. I believe the project will be completed sufficient to permit common entry into the gov site by April or May and the state sites may come up sooner as they fire some so called leaders.
    27 Nov 2013, 07:20 PM Reply Like
  • montanamark
    , contributor
    Comments (1444) | Send Message
     
    LOL NEVER blame the king
    27 Nov 2013, 07:53 PM Reply Like
  • Rope a Dope
    , contributor
    Comments (609) | Send Message
     
    They have a lot more to worry about than the website; Obamacare is the mother of all failures.
    27 Nov 2013, 08:12 PM Reply Like
  • thomas j. flaherty
    , contributor
    Comments (121) | Send Message
     
    Lol Obama is failing at health care yes. But compared to Bush? Are smokin rope or just a dope?
    28 Nov 2013, 12:36 AM Reply Like
  • Rope a Dope
    , contributor
    Comments (609) | Send Message
     
    Thomas, Obama has been in office for close to 5 years and you’re still blaming Bush?

     

    The 2008 financial implosion was set in motion by the Democrats back in the mid 90’s with their push to force banks to loan money to people with no jobs, no credit, and no money. Watch this video where Democrats are bragging about doing this; these days those same people are blaming Bush. Note the appearance at the 4:44 minute mark of Obama, on behalf of ACORN.

     

    http://bit.ly/17OLttM

     

    Bush’s biggest failure was his push to go into Iraq. The largest cost was in the 4,000 American lives lost but Democrats like to talk about the $1 Trillion dollars that was blown even though they also voted to go to war. Fine, I’ll blame Bush for blowing $1 Trillion but does that somehow give Obama the right to blow $20 Trillion?

     

    Healthcare may only constitute 18% of our economy but it touches 100% of our economy in one form or another and it would have been prudent to make changes in very small steps. There are a lot of things in the ACA that are superb ideas, but this legislation was destined to fail. I would not trust anyone in Congress, including Republicans, to craft legislation that changes the entire health care system all at once. The idea that anyone would think for 1 nano-second that they could successfully accomplish this is insane, but hey, it only affects 100% of our economy so what’s the harm?
    28 Nov 2013, 04:47 AM Reply Like
  • Andreas Hopf
    , contributor
    Comments (10241) | Send Message
     
    Doesn't that adversly affect AMD, because of their Verizon server deal from summer http://bit.ly/15SafMI ?
    27 Nov 2013, 10:28 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs