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Hp Operations

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Submitted By melkhor
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1. Company Overview
Information Technology (IT) giant, Hewlett-Packard (HP) is one of the most acclaimed manufacturers, incorporated in 1939, known for producing software, PCs, desktops, office supplies and technological gadgets including mobile phones and cameras. In addition to that, HP’s Enterprise Business provides business consultation, support services, servers and storage that is also responsible for setting up network links and wireless access points. Throughout its establishment, HP has grown into a hardware empire that has dominated the market, thus threatening most of its competition including IBM and Oracle. HP also offers a platform that focuses on software analytics and development into a cloud provider that customers from the business field would be interested in. The introduction of this new business strategy complements HP’s new manifesto that aims to provide a “seamless, secure, context-aware experiences for a connected world” (NQlogic, 2011). This has attracted customers ranging from private households to large corporations. However, to sustain its relationship with customers, HP has to be perpetually updated with the latest software and technology. Until recently, HP has successfully built a brand that yields its profits through sales as one of the world’s leading providers for technology services, personal computers and hardware. Over the years, the multinational company has shaped into one of the largest conglomerates reaping revenue of $57 billion in 2002 to $127 billion in 2011. Delving further into its finance, one of HP’s largest segments, Personal Systems Group (PSG) and Imaging and Printing Group (IPG) made up for 50% of its revenue in 2012.The many acquisitions made by HP throughout the last decade have bolstered the company’s performance in different segments within the business despite friction between its CEO and board of directors.

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