PALO ALTO, Calif., Sept. 24, 2012 /PRNewswire/ -- Autonomy, an HP Company, today announced the availability of HP Application Information Optimizer 7.0, an enterprise solution that helps companies boost application performance, meet critical compliance obligations and reduce data storage by as much as 48 percent. (1) Organizations are struggling with multiple bloated application databases that contain inactive structured data that has built up over many years. Conventional thinking has been that this data can only be accessed via the application that created it, so the data is never moved or deleted. The result is degraded business applications performance, additional storage costs and never-ending labor costs associated with keeping obsolete applications running past their prime. Further, since this bloated data is often not governed by defensible disposal policies, it creates an unnecessary liability for organizations during the discovery phase of any future litigation. HP Application Information Optimizer directly addresses an organization's systemic bloated data problem by safely removing and preserving inactive structured data from production or legacy systems, while preserving data integrity and access. The data can be moved into economical on-premise or cloud-storage environments, such as HP Cloud Services. The solution's prebuilt archiving modules also support a broad range of enterprise applications, including Oracle E-Business Suite, PeopleSoft and Siebel. In addition, HP Application Information Optimizer's integrated data extraction wizard makes it possible to safely and quickly extract data from any industry-standard relational database to enable application retirement or data archiving. HP Application Information Optimizer is a core solution within HP's meaning-based information governance solution portfolio. It helps organizations to boost mission-critical application performance and retire obsolete applications, while ensuring that important structured data is always accessible and properly managed. This saves organizations millions of dollars in unnecessary storage and operational costs. With data properly governed and defensibly disposed, compliance risk and litigation risk also can be greatly reduced.