Hewlett-Packard Company provides computer-related products, technologies, solutions and services to consumers and businesses all over the globe. HP gained note as a manufacturer of printers and other computer peripherals in the 1980's when the home computer market first started to grow. At that time, the market for DOS and later Windows-based personal computers was fairly evenly distributed; since then a handful of personal computer manufacturers have come to dominate the market. HP is one such manufacturer; its market share in the manufacture of laptop computers is one of the largest. This was enhanced one year ago by the purchase of Compaq, one of the largest manufacturers of computers in the world. The California-based company has a market capitalization of 66 billion and 141 thousand employees. HP, along with Cannon, continues to be the world's premiere manufacturer of printing and scanning equipment. The company is seeing robust growth; revenues have grown by over 25% in the last twelve months.
HP has five business segments: the Imaging and Printing Group, the Personal Systems Group, the Enterprise Systems Group, HP Services, and HP Financial Services. Roughly, they sell responsible for scanners and printers, personal computers, business Information Technology solutions, general technical assistance, and product financing. Compaq, which is currently being integrated with HP, is a leading global provider of information technology products, services and solutions best known for its share of the notebook computer market.
Hewlett-Packard Services, one of four divisions at HP, employs 65,000 people. This division came into being in the Czech Republic in April 2002 with the merger of Hewlett-Packard and Compaq. HP's management consolidated three groups: Compaq Global Services, HP's consulting groups and HP's department of technical support and services. HP's services in the Czech Republic are used by nearly every leading company in telecommunications and the financial sector.
Sources:
Czechinvest.org (http://www.czechinvest.org/ci/ci_an.nsf/(KeyServiceSectorWD)/ExpertSolutionsCentres?OpenDocument
Yahoo Finance: HPQ (http://www.czechinvest.org/ci/ci_an.nsf/(KeyServiceSectorWD)/ExpertSolutionsCentres?OpenDocument
EDGAR SEC Filings Online: Hewlett Packard. http://www.edgar-online.com/bin/cobrand/?doc=A-47217-0001047469-03-030355&nav=1&src=Yahoo
9 billion to improve its capabilities in the IT services sector. The truth is that computers have long been commoditized. HP's strengths in innovation are no longer relevant in the personal computer business. Moreover, the degree to which the PC business supports the other HP business lines is debatable. Competitor IBM got out of hardware years ago and the Compaq merger itself was driven by the recognition that this struggling business
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Hewlett-Packard (NYSE:HPQ) is a global leader in the research, development, marketing, selling and service of high technology products including laptops, desktop computers, minicomputers, printers and plotters and enterprise storage products as well. The company generated $120B in revenue and an operating income of -$11B according it its latest financial statements on the investor relations section of the HP website. Hewlett-Packard (HP) is known for its strong engineering culture and commitment
Hewlett-Packard operates a matrix structure. The primary means of divisional breakdown is by region. HP has a corporate headquarters, one for Canada, a Latin America headquarters in Miami, plus others in Singapore, Japan and Switzerland (HP.com, 2011). In addition to geography, HP breaks down its organization by business. EDS and Compaq have some autonomy from the main HP organization. HP is organized around seven main businesses: Services, Enterprise Storage and
Their liquidity and lack of relative debt are major competitive strengths. Excellent market position in imaging and printing - Having invented and holding many of the patents in both small format and large format printing technologies, HP is considered both the market and financial leader in both imaging and printing. The breadth of the imaging and printing product lines through the consumer and commercial or business sectors is considered one
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