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Hewlett Packard

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kill Hewlett and Dave Packard, two classmates of Stanford University founded HP. The Corporate headquarters of the company is located in Palo Alto, California. Popularly called as HP, the company is among the global leaders in the IT products. HP has a global presence and markets its products in about 170 countries. The products and services of HP ranges in to personal and business computing, printing and imaging, IT infra structure and several other global services. With tireless efforts to excel and driven by sound principles of business ethics, customer service, integrity and global citizenship, HP has created an indomitable niche for itself in the global IT Industry.

The Beginnings

HP was born way back in 1939, in the first technical innovation of Bill Hewlett and Dave Packard, built in a Palo Alto Garage. The first product of HP was an audio-oscillator, an electronic testing instrument for the use of sound engineers. Walt Disney Studios was the first customer of HP, which purchased eight of these instruments to produce and manage a creative sound system for the movie Fantasia. This humble beginning of HP paved the way for the magnificent journey of the company in to the portals of IT industry. Formally, Hewlett Packard Company was incorporated on August 8, 1947, and became a public enterprise on November 6, 1957.

Business Groups and Product Range

There are three distinct business groups in HP, which operate in the three core technical areas of the IT Industry. The Personal Systems Group is connected to business and consumer PCs, workstations and mobile computing devices, digital entertainment, and personal storage and internet services. The Imaging and Printing Group offers products for commercial, inkjet, and LaserJet printing, printing supplies, entertainment, and digital photography, and graphics and imaging technologies. The Technology Solutions Group supplies business products comprising storage and servers, managed services and software, combined with support, consulting and integration to optimize performance in the IT environment.

Business Profile

HP is one of the leaders among the world’s largest IT companies. The company is ranked 14 in 2007 fortune 500. To serve the needs of more than 170 countries, HP has employed about 1,560,001 people worldwide. The total revenue made by the company during the four fiscal quarters that ended in 2007 was $97.1 billion. The company is incorporated in Delaware, U.S and listed on the Stock Exchange of New York with ticker symbol HPQ. As on November 30, 2006, there were nearly 153,000 stockholders on record.

Uncompromising Global Citizenship

Sincere and systematic efforts to fulfill the obligations of Global Citizenship distinguish HP as an industry committed to sound business ethics and universal welfare. During the recent past, HP has identified a spectrum of issues under three crucial areas and has been striving to realize its commitment to these factors. The top three Global Citizenship priorities identified by HP are Supply chain responsibility, Energy efficiency, and Product reuse and recycling. HP spent about $50 billion on materials, manufacturing, and transportation in the year 2006 in lieu of maintaining the interests of the supply chain. Aiming to reduce energy prices, green house effect, and a concern about energy security, HP has spared no efforts to improve the energy efficiency of its products and techniques to enhance internal energy use. HP has taken innovative steps to increase the reuse and recycling of its products to minimize the wastage of material and economy. As a solid progress in these vital areas, HP launched its design for environment program in 1992. In 2006, the company introduced a new energy management system for energy efficiency cutting down data center cooling costs by 15-40%, thereby helping to reduce greenhouse gas emissions.

Venturing to lead the Industry

With relentless efforts, Hp has emerged as the global leader of IT products. The key strategies that push the company ahead with this mission are noteworthy. HP is constantly updating its ability to create the best for manufacturing, servicing and supporting IT products. Time and again the company is assuring its commitment to meet the best expectations of its partners, suppliers, customers, shareholders, and employees, governed by a high degree of environment and social responsibility, and practice of good governance. More than 60% of the revenues of HP come from sales and service outside the U.S. The company acknowledges its open trade policies as being vital to its growth and success. HP has entered into bilateral, multilateral, and regional trade agreements to reduce tariffs on IT products. The company has also modernized its customs procedures to bring down costs and quicken the delivery of products across the globe. The trends of the past and present assure a bright future to HP as the undisputed champion of IT Industry.

Official Site

The official site of Hewlett-Packard Company is www.hp.com. This site contains useful and exhaustive information to understand the company’s profile, its products, organizational structure, policies, and wider concerns.

Languages

English

Address

3000 Hanover Street
Palo Alto, CA 94304-1185 USA
Regional headquarters:
United States: Houston, Texas, United States
Europe/Middle East/Africa: Geneva, Switzerland
Asia Pacific including Japan: Singapore

Contact

Hewlett-Packard Company
Phone: (650) 857-1501
Fax: (650) 857-5518

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