Organizations that have big data processing needs have a new option for crunching the number.

Hewlett-Packard Co.has announced HAVEn As a Service, a cloud-based way enterprises can subscribe to several of its big data analytic products on an as-need basis.

HAVEn is HP’s brand for its Hadoop, Autonomy, Vertica and related products for processing and analyzing data.

The service can leverage data on-premise, Ashim Bose, senior director of technology platforms for HP’s analytics and data management division, said in an interview, or data can be uploaded to it’s U.S.-based data centre. At the moment there are no plans to offer HAVEn As a Service here.

“A lot of our Canadian customers  we talk to aren’t extremely concerned about the data being in the U.S.,” he said. But if there is strong demand it might be offered from here as well, he added.

The service was created because enterprises are still struggling to deal with trying to figure out all of the data they have. “We’ve taken the HAVEn platform and wrapped some value-added services on top of that, leveraging the Helion private cloud environment. With HAVEn As a Service what customers are getting is the software and infrastructure optimized for the platform available in the private cloud with production level managed service wrapped around it.”

Components include Hadoop, Autonomy IDOL, Vertica and HPArcSight Security .

Pricing is based on the amount of storage and processing nodes needed. Bose couldn’t give examples of typical prices, other than to say it’s a pay as your grow model. Organizations can pick which single application is needed — Hadoop for distributed computing, Autonomy or Vertica for building a data warehouse, for example — or a combination of applications.

Large enterprises with huge volumes of data will be HP’s  [NYSE: HPQ] target customers, Bose said. “We are making it easy for the CIOs of Fortune 1,000 companies, working with their business partners, to provide a big data platform that can integrate and accommodate legacy apps, but also provide a path forward in terms of volume, variety, and velocity” to drive business value.