From Patents to Product Leadership
When Meg and the executive team developed our strategic turnaround plan in 2012, the term "product leadership" began to echo throughout HP facilities around the globe. Leadership and employees understood that in order to meet customer demands quicker than our competitors, we would need to maintain the highest level of innovation.
When it came to innovation in 2012, HP showed promising growth on the patent front. According to IFI Claims Patent Services, HP obtained 1,394 patents in 2012. That's a 7% increase from 2011.
Last year, we were also named to the Thomson Reuters Top 100 Global Innovators list for the second consecutive year. That acknowledgement was another reminder of HP's long-term viability and renewed commitment to product leadership.
Although the recognition is terrific, we're not resting on our accolades. We are leveraging our growing patent portfolio to develop new hardware, software and IT solutions. That's the key to accelerating the HP turnaround.
By continuously developing world-class products within our business units and in collaboration with partners, we're positioned to reach a new level of product leadership during our turnaround.
