Profile: HP Inc (HPQ.N)
HP Inc., formerly Hewlett-Packard Company, incorporated on February 11, 1998, is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors. The Company operates in seven business segments: Personal Systems, Printing, the Enterprise Group (EG), Enterprise Services (ES), Software, HP Financial Services (HPFS) and Corporate Investments.
The Company offers personal computing and other access devices; imaging and printing related products and services; enterprise information technology (IT) infrastructure, including enterprise server and storage technology, networking products and solutions, technology support and maintenance; multi-vendor customer services, including technology consulting, outsourcing and support services across infrastructure, applications and business process domains, and software products and solution, including application testing and delivery software, big data analytics, information governance and IT Operations Management.
The Company's Personal Systems segment provides commercial personal computers (PCs), consumer PCs, workstations, thin client PCs, tablets, retail point-of-sale (POS) systems, calculators and other related accessories, software, support and services for the commercial and consumer markets. The Company groups commercial notebooks, commercial desktops, commercial tablets, workstations and thin clients into commercial clients and consumer notebooks and consumer desktops into consumer clients. Both commercial and consumer PCs and tablets are based predominately on Microsoft Windows operating systems and use processors from Intel Corporation (Intel) and Advanced Micro Devices, Inc. (AMD). The Company's commercial PCs include the HP ProBook and HP EliteBook lines of notebooks and hybrids (detachable tablets), the HP Pro and HP Elite lines of business desktops and all-in-ones, retail POS systems, HP Thin Clients, HP ElitePad and HP Pro Tablet PCs. Commercial PCs also include workstations that are designed and optimized for application environments, including Z desktop workstations, Z all-in-ones and Z mobile workstations. The Company's consumer PCs include the HP Spectre, HP ENVY, HP Pavilion, HP Chromebook, HP Split and HP Slate series of multi-media consumer notebooks, hybrids and desktops, including the TouchSmart line of touch-enabled notebooks and all-in-one desktops.
The Company's Printing segment provides consumer and commercial printer hardware, supplies, media, software and services, as well as scanning devices. Printing segment is also focused on imaging solutions in the commercial markets. These solutions range from managed print services to areas, such as industrial applications, outdoor signage and the graphic arts business. The Company groups LaserJet, large format printers and commercial inkjet printers into commercial hardware, and consumer and SMB inkjet printers into consumer hardware.
The Company's LaserJet and Enterprise Solutions delivers LaserJet and enterprise products, services and solutions to the SMB and enterprise segments, including LaserJet printers and supplies (toner), Officejet Pro X inkjet enterprise products and supplies, multi-function devices, scanners, Web-connected hardware, managed services, and enterprise software solutions, such as Web Jetadmin. The Company's Managed Print Services provide printing equipment, supplies, support, workflow optimization and security features for SMB and enterprise customers around the world, utilizing its tools and fleet management solutions, as well as third-party software.
The Company's Inkjet and Printing Solutions deliver consumer and SMB inkjet solutions (hardware, ink supplies, media, and Web-connected hardware and services) and include single-function and all-in-one inkjet printers. The Company's Ink in the Office initiative is focused on providing inkjet printing solutions to SMBs through its Officejet Premium and Officejet Pro inkjet portfolios. The Company's Ink Advantage program aims to provide savings on the overall cost of printing in emerging markets. Instant Ink is an ink replacement service that allows customers to pay a monthly fee to print a specified number of pages per month.
The Company's Graphics Solutions deliver large format printers (Designjet, Large Format Production and Scitex Industrial), specialty printing, digital press solutions (Indigo and Inkjet Webpress), supplies and services to print service providers and design and rendering customers. The Company's graphics solutions cover a wide range of printing applications, such as technical design, photos, sign and display, direct mail, marketing collateral, labels and packaging and publishing.
The Company's Software and Web Services delivers a suite of offerings, including document storage, entertainment services, Web-connected printing, and PC back-up and related services. Its Marketing Optimization is focused on delivering solutions and software that help businesses engage audiences, reach new customer segments, and markets and deliver compelling content across channels.
The Company's Enterprise Group provides a broad portfolio of enterprise technology solutions to address customer needs in building the foundation for applications, Web services and user experiences. EG technology addresses a range of customer challenges, including supporting new types of applications, new approaches to IT operations, and new demands and uses for insight, and managing new threats and risks. EG technology delivers customer outcomes through its portfolio across servers, storage, networking, management software, converged infrastructure solutions and technology services.
The Company's Industry Standard Servers (ISS) offers a range of products from entry-level servers through premium ProLiant servers, which run primarily Windows, Linux and virtualization platforms from software providers, such as Microsoft Corporation and VMware, Inc., and open source software from other major vendors while leveraging x86 processors from Intel and AMD. The business spans a range of server product lines, including microservers, towers, traditional rack, density-optimized rack and blades, solutions for large, distributed computing companies who buy and deploy nodes at a massive scale. ISS also offers HP Moonshot servers operating on ARM, AMD and Intel Atom-based processors. Its Business Critical Systems delivers critical systems through a portfolio of HP Integrity servers based on the Intel Itanium processor that run the HP-UX and OpenVMS operating systems, as well as HP Integrity NonStop solutions and mission-critical x86 ProLiant servers.
The Company's storage offerings include platforms for enterprise and SMB environments. Its flagship product is the 3PAR StoreServ Storage Platform, which is designed for virtualization, cloud and IT-as-a-service. Traditional Storage solutions include tape, storage networking and legacy external disk products, such as enterprise virtual array (EVA) and XP. Its Converged Storage solutions include 3PAR StoreServ, StoreOnce and StoreVirtual products. The Company's networking offerings include switches, routers, wireless local area network (WLAN) and network management products. The Company's unified wired and wireless networking offerings include WLAN access points, controllers and switches. Its networking solutions are based on its FlexNetwork architecture. The Company's technology services provide support and consulting services. Its support services offerings span various levels of customer support needs and include HP Foundation Care, portfolio of reactive hardware and software support services; HP Proactive Care, which combines remote support technology for real time monitoring with access to its technical experts; HP Datacenter Care, a support solution that enables customers to build, operate or consume IT in private or hybrid cloud environments, and Lifecycle Event services, which are event based services offering technology advice for each phase of the technology life cycle. These services are available in the form of service contracts, pre-packaged offerings (HP Care Pack services) or on a customized basis. The Company's consulting services are focused on cloud, mobility and big data and provide IT organizations with advice, design, implementation, migration and optimization of EG's platforms, including servers, storage, networking and converged infrastructure.
The Company's Enterprise Services provide technology consulting, outsourcing and support services across infrastructure, applications and business process domains in traditional and strategic enterprise services offerings, which includes analytics and data management, security and cloud services. Its Infrastructure Technology Outsourcing delivers services that streamline and help optimize its clients' technology infrastructure. The Company's Application and Business Services portfolio helps its clients develop, revitalize and manage their applications and information assets. Its Application and Business Services portfolio also includes intellectual property-based industry solutions, along with technologies and related services.
The Company's software portfolio provides big data analytics and applications, enterprise security, application testing and delivery management and IT Operations Management solutions for businesses and other enterprises. Its software offerings include licenses, support, professional services and software-as-a-service (SaaS). The Company's Big Data provides a full suite of software designed to help organizations capture, store, explore, analyze, protect and share information and insights within and outside their organizations. The Company's Big Data suite includes HP Vertica, an analytics database technology for machine, structured and semi-structured data; HP IDOL, an analytics tool for human information, as well as solutions for archiving, data protection, and eDiscovery, information governance and enterprise content management. Its big data platform, Haven, provides assets together for processing and understanding machine and sensor data, business data and unstructured human information.
The Company's Software segment also leverages Haven's analytic assets to deliver solutions for a range of markets, including application testing and delivery, big data analytics and applications, IT Operations Management, and enterprise security. The Company's Enterprise Security software is designed to disrupt fraud, hackers and cyber criminals by testing and scanning software and Websites for security vulnerabilities, improving network defenses and security, implementing security controls, safeguarding data at rest, in motion and in use (regardless of where software and data reside), and providing security intelligence, analytics, and information management to identify threats and manage risk. The Company's IT Operations Management provides the software required to automate routine IT tasks and to pinpoint IT problems.
HP Financial Services
The Company's HPFS provide investment solutions, such as leasing, financing, IT consumption and utility programs and asset management services that facilitate technology deployment models and the acquisition of IT solutions, including hardware, software and services. Its HPFS offers a range of investment solution capabilities for large enterprise customers and channel partners, along with an array of financial options to SMBs and educational and governmental entities.
The Company's Corporate Investments include HP Labs. It also includes certain enterprise-related business incubation projects and venture focused minority investments.
The Company competes with Lenovo Group Limited, Dell Inc., Acer Inc., ASUSTeK Computer Inc., Apple Inc., Toshiba Corporation, Samsung Electronics Co., Ltd., Canon U.S.A., Inc., Lexmark International, Inc., Xerox Corporation Ltd., Seiko Epson Corporation, The Ricoh Company Ltd., Brother Industries, Ltd., International Business Machines Corporation, EMC Corporation, Cisco Systems, Inc., Oracle Corporation, Fujitsu Limited, Inspur Co. Ltd., Huawei Technologies Co. Ltd., NetApp, Inc., Hitachi Ltd., Juniper Networks, Inc., Arista Networks, Inc., Extreme Networks, Inc., Brocade Communications Systems, Inc., VMware, Microsoft, Google Inc., Rackspace Inc., Amazon.com, Inc., Computer Sciences Corporation, Accenture plc, Wipro Limited, Infosys Limited, Tata Consultancy Services Ltd., CA Technologies, Inc., BMC Software, Inc., Adobe Systems Inc., Open Text Corporation, Symantec Corporation and Intel.
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