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Displaying articles for: November 2010

How cloud computing can save babies’ lives in Kenya: HP teams up with President Clinton

We've written here before about the ability of information to save lives, and today we're happy to share a new example of how HP is putting those ideas into practice.


Today, HP and the Clinton Health Access Initiative (CHAI) announced a partnership to provide a new cloud-based system that will speed up the turnaround time for HIV test results for babies in Kenya, allowing for earlier treatment - and ultimately saving lives.


Under the current system, results of HIV tests are delivered on paper by courier. By taking advantage of IT – including HP datacenters, new database software, real-time analytics and SMS-connected printers – the system will reduce the turnaround time dramatically. Results will be available online and delivered to healthcare workers via SMS-enabled printers in just one to two days vs. the three months it can take today in rural areas of Kenya.


How does it work?

HP collaborated with CHAI to design a system that uses cloud computing to improve the tracking process and make test results available in real-time. HP is providing networking, storage, and servers to power five datacenters across Kenya, along with PCs and SMS-connected printers for healthcare workers




(view the full size image)


With support from HP, students at Strathmore University in Nairobi developed a custom

database application used in the system.  At each lab, the processing of field information and capturing of testing data will become automated using this application, which generates a unique barcode for each sample of field data. As soon as the testing machine provides results, they are made available online and sent to healthcare workers via GSM/SMS printers in the field, and subsequently communicated to patients.


How could this save lives?

 In Kenya, approximately one out of every ten pregnant women is HIV positive. That means that of the 1.3 million children born in Kenya each year, more than 120,000 have HIV-positive mothers. Without intervention, there is up to a 45 percent chance that an infant born to a mother with HIV will become infected.


Due to the high rate of HIV in Kenya, all infants are required to be tested for the disease before they are six weeks old. However, the current testing procedure is paper-based and results, which are delivered by courier, can take up to three months to arrive in rural areas.  This delay reduces the efficacy of life-saving anti-retroviral treatment (ART), which needs to be started immediately following a diagnosis.  For example, an HIV-positive infant who does not receive ART has less than a 50 percent chance of living to see his or her second birthday.


What is the impact of this program?

The HP/CHAI project will:

– Expedite the delivery of test results from two to three months in rural areas to just one to two days

– Increase the number of children who are diagnosed with HIV and put on treatment from 45,000 in 2009 to 70,000 in 2011

– Increase the number of healthcare facilities that can access test result data from 1,500 to more than 3,000

– Connect data from four central labs to more than 20,000 healthcare workers via GSM/SMS


We expect that the HP/CHAI system for early infant HIV diagnosis will be replicated and scaled for use in other countries in 2011. In addition, it serves as a model for how IT could change the equation in the diagnosis and treatment of other diseases.


Quote from President Clinton:

“Technology and innovation are key to solving many of the most pressing challenges of our world, none of which are more urgent than a disease which takes the lives of 31 children every minute. I’m pleased HP’s technology and expertise will enable the partnership with CHAI to save the lives of more than 100,000 infants in Kenya each year, and in the process, demonstrate how the private sector can and should operate in the developing world.” 

Labels: healthcare

HP earnings: highlights from Q&A with financial analysts

HP senior management spent about an hour discussing the technology business and the company’s financial results this afternoon.


Here are a few highlights from CEO Léo Apotheker; the full official transcript is embedded below (and also available on our Investor Relations site).


CEO Léo Apotheker’s initial observations about HP:

[on customers] The great majority are telling me that they want to do more business with HP… But I am also hearing that we need to make it easier for customers to work with HP…


[on employees] “HP employees are a highly competitive group who want to win. They also want to be rewarded for their performance.  This is consistent across the globe.  I believe in a performance-driven culture, and our employees have been performing.  Therefore, I am pleased that we will be re-instituting salary increases in FY11 as part of our normal annual review process.  It’s well deserved…


[on technology] As Cathie described to you at the Securities Analyst Meeting in September, we have been increasing our investments in R&D.  In the fourth quarter, R&D was up more than revenue growth, both year over year and sequentially.  We should expect this trend to continue…And it is not simply about spending more on R&D.  Rather, it’s about driving more leverage from our existing portfolio and resources to create HP solutions.  It’s about adding more agility to our scale and accelerating our innovation cycles.

Labels: Financial

HP Renews Commitment to Palo Alto; Campus to be a ‘Greener’ Workplace

HP announced today that it is making a number of improvements to its global headquarters in a move aimed at revitalizing its campus in Palo Alto, CA. These updates include replacing older infrastructures, upgrading to newer and more efficient technology, and incorporating “green” solutions and sustainable materials to create better workspaces for our employees.

Update on HP CEO remarks regarding salary increases

During today’s conference call with investors, the HP executive team discussed the company’s results for the 2010 fiscal year, which included net revenue of $126 billion (up 10% from the preceding year).

CEO Léo Apotheker took the opportunity to affirm his belief in a pay-for-performance culture and - because employees have been a key driver of the company’s success - HP will be reinstituting salary increases as part of its normal annual review process in 2011.

To clarify some details behind his comments:

- HP is funding its performance-based bonus plan above last year’s levels (this program awards discretionary bonuses based on business and individual performance).

- The company has reinstated its 401(k) plan matching contribution as a fixed benefit rather than a discretionary one.

- The vast majority of HP employees who were affected by the base pay reductions during the economic downturn in 2009 will have their base pay reinstated.  Importantly, and in keeping with our pay-for-performance culture, employees must meet certain performance criteria to be eligible.

- HP is proposing a new employee share ownership program that is expected to enable employees to purchase HP shares at a five percent discount.

As Leo noted, the talent at HP is a highly competitive group that wants to win – and should be rewarded for their contributions to the company’s success.

To learn more about HP’s fourth quarter results:

HP Reports Fourth Quarter 2010 Results

Follow @hpnews on Twitter

Labels: statement

HP Reports Fourth Quarter 2010 Results

HP today announced financial results for its fourth fiscal quarter ended October 31, 2010, with net revenue of $33.3 billion, up 8% from the prior-year period including a slight negative currency impact of about one percentage point.


Read the full press release by clicking here; excerpts are below

***We will update this post throughout the day with quotes, transcripts, and presentations relating to HP’s third quarter earnings report.  Visit HP Investor Relations for more information or follow @hpnews on Twitter and Stocktwits.

Labels: Financial

HP Q4 2010: earnings quick reference guide for Monday, 11/22/10

HP (NYSE: HPQ) will present its third quarter earnings today, November 22, 2010, after the market closes.  We will post links to the news release, financials, and other information as it becomes available here at Data Central and on Twitter/Stocktwits at @hpnews.

You’ll also be able to follow the news on our investor relations website, the newsroom, Business Wire, and Facebook.

HP will also conduct a live audio webcast of its conference call to review its financial results for the fourth fiscal quarter at 2pm PT today:

Related resources:

All HPQ SEC filings

HP Securities Analyst Meeting live blog (9/28/2010)

All executive presentations from 9/28/2010 Securities Analyst Meeting (includes detailed FY11 guidance [pdf])

HPQ 3Q10 earnings report (includes financials, press release, transcripts, etc)

Labels: Financial
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