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Displaying articles for: May 2011

Senator Warner Visits HP to Discuss Free Trade

 

U.S. Senator Mark Warner (D-Virginia) led a town hall event at HP’s Herndon, Virginia site on the importance of free trade. More than 250 attendees including HP employees joined the event to hear from Senator Warner and Deputy U.S. Trade Representative Ambassador Demetrios Marantis.

 

Dennis Stolkey, HP senior vice president of U.S. public sector, Enterprise Services, moderated the event and shared his insights on how trade issues affect HP.

 

Hear directly from Senator Warner and Dennis Stolkey regarding the town hall discussion by clicking here.

 

HP strongly supports the pending U.S. free trade agreements (FTAs) with South Korea, Panama and Colombia and encourages Congressional passage as soon as possible. Each agreement helps HP and the U.S. remain globally competitive. 

 

Read Senator Warner’s blog about the event here.

Innovation and Policy: An Interview with Representative Kevin Brady (TX-8)

 

Serving as a Member of the House of Representatives since 1997, Congressman Kevin Brady is a senior member of the House Ways & Means Committee and Chairman of the Subcommittee on Trade.

Rep. Brady supports tax reforms that enhance the competitiveness of US-based global companies. He recently introduced the American Research and Competitiveness Act of 2011, which seeks to modernize the research and development tax credit in order to enhance the nation’s competitiveness in the global marketplace. The legislation would increase the “alternative simplified credit” from 14 percent to 20 percent and make it permanent, expanding opportunities for companies in the U.S. to compete worldwide. He held a news conference announcing the bill on March 9; Jeff Bergeron, chief technology officer for HP’s U.S. Public Sector, participated in the conference.

Rep. Brady also supports the pending trade agreements between the U.S. and Colombia, Panama and South Korea and is a champion of policies that open markets abroad for U.S. workers and companies to sell more of their goods and services, strengthen intellectual property rights, and foster innovation.

HP interviewed Rep. Brady recently to discuss challenges faced by the technology sector and opportunities for the technology industry to support the nation’s economic growth.

HP: What are the greatest policy challenges for the technology sector in the United States?
Rep. Brady: One of the greatest policy challenges in my view is empowering the U.S. tech sector with the right tools to compete for and win customers anywhere in the world. We need a corporate tax system that encourages innovation and economic growth in the U.S.  Further, we need more trade agreements and R&D investment incentives that enhance our competitiveness, as well as intellectual property rights around the world that protect our country’s innovations.

HP: What role do you see the tech sector playing in driving the nation’s recovery?
Rep. Brady: I think the technology sector is critical because it is one of our strongest export sectors, helping us compete abroad while providing jobs at home. Promoting innovation fundamentally makes the U.S. more productive and successful, which in turn helps drive our competitiveness.

HP: What initiatives do you see for strengthening America’s Science, Technology, Engineering and Mathematics (STEM) education?
Rep. Brady: Before I ran for public office and as an elected official still today, I continue to support projects designed to get young people engaged and interested in math and science. We have seen many examples of public-private partnerships to support K-12 education, and we need to see better coordination of private and public programs.  We also need the strongest K-12 curriculum possible to prepare young people for college and attract them – especially young women and minorities – to study STEM subjects and become interested in these career opportunities.

Watch more of our interview with Rep. Brady here.

Innovation and Policy: An Interview with Representative Anna Eshoo (CA-14)



Congresswoman Anna Eshoo
has served as a Member of the House of Representatives for nearly two decades, where she’s been a strong voice for consumers, American competitiveness and innovation. Rep. Eshoo helped craft the American Recovery and Reinvestment Act, which included $8.3 billion in research funding — representing the largest annual increase in research and development in America’s history — and co-sponsored the Patent Reform Act of 2009, the first major reform to the patent system in more than 50 years. She has also supported the Data Accountability and Trust Act and the Cybersecurity Enhancement Act, and co-authored language to require the Federal Communications Commission to develop a National Broadband Plan.

 

Rep. Eshoo has served on the House Energy and Commerce Committee since 1995 and is Ranking Member of the Subcommittee on Communications and Technology, making her one of the most powerful voices on technology policy today. She also represents Silicon Valley and many of HP’s employees, including HP’s Palo Alto headquarters.

 

HP sat down with Rep. Eshoo recently to discuss the impact of public policy on the technology sector, and the role IT can play in the nation’s recovery.

 

HP: What role do you see the tech sector playing in driving the nation’s recovery?

Rep. Eshoo: There is no way the American economy can return without a robust high-tech sector. Even in tough times, the high-tech sector has retained itself as a robust employer, and it is a yardstick by which the nation is measured. Tech supports how we work, think and drives our commerce, and a robust, competitive tech sector will bring continued innovation.

 

HP: What initiatives do you see for strengthening America’s Science, Technology, Engineering and Mathematics (STEM) education?

Rep. Eshoo: I’ve led Congress’s innovation agenda. One effort, born at Stanford, brought CEOs from the high-tech industry, telecommunications, venture capital and leaders from academia together. MIT hosted a similar meeting, helping shape what became the COMPETES Act – which is innovative, promising legislation. Democratic leadership has several tactics related to immigration, research and development (R&D) and STEM with a goal of helping the country re-distinguish itself such that the 21st century will be written as the American century. There is no doubt that we have the capacity.

 

HP: What are the greatest challenges for the technology sector in Washington today?

Rep. Eshoo: To flourish, the technology sector depends on an educated workforce and the ability to attract skilled workers from overseas. It is imperative that we resolve the H1-B visa issue to make this happen. Federally, we have always been the driver for research & development, which means we need to reshape the R&D tax credit so companies can rely on it.

 

Watch more of our interview with Rep. Eshoo here.

HP Honored with Two Awards for Innovation in Global Health

Today, the Global Business Coalition (GBC) announced its Business Action on Health Award winners, recognizing companies that exemplify the spirit of innovation and dedication to outstanding achievements in global health. Honorees were recognized for results-oriented approaches to global health and wellness, using economically sustainable practices that can be easily replicated or expanded to multiply their impact.

GBC Business Action on Health AwardsHP was awarded for its application of core business competence to address a social challenge with its Early Infant Diagnosis (EID) program in Kenya. Working with the Clinton Health Access Initiative (CHAI), HP developed a technology system to capture, manage and return infant HIV test results in just one to two days after results are ready – a significant improvement from the previous paper-based system, which took two to three months. The turnaround time for test results is critical to infant health, as infants diagnosed with HIV must begin anti-retroviral treatment (ART) as quickly as possible to ensure survival.

For innovation in applying technology to health, HP was awarded for its work with social enterprise mPedigree to develop anti-counterfeit drug authentication programs in Nigeria and Ghana. Counterfeit medicine is a significant problem in developing countries, causing at least 700,000 deaths per year globally. The service allows consumers to verify the authenticity of their medication through a free text message from their mobile device.

More information on the award and honorees can be found here.

HP Labs’ Sitaram Asur: one of Fast Company’s 100 Most Creative People in Business

We are excited to share that Sitaram Asur of HP Labs was named one of Fast Company’s 100 Most Creative People in Business 2011!

 

FC 1.jpg

Sitaram’s inclusion follows SVP of research and Director of HP Labs Prith Banerjee’s presence on the list in 2009. Fast Company’s recognition reflects the forward thinking and innovation that is continually driven by the researchers in HP Labs.

 

How does Fast Company narrow it down? The publication noted, “There are no rules about creativity. Which made constructing our list of the 100 Most Creative People in Business a tricky task. We looked for dazzling new thinkers, rising stars, and boldface names who couldn't be ignored.”

 

Sitaram made the list (at #26) in light of his research for using Twitter to predict box office success. Among the other honorees on the list are industry leaders including Scott Forstall of Apple, Sebastian Thrun at Google, and Eric Dishman of Intel, as well as pop culture heavyweights such as Tina Fey, Arianna Huffington, Oprah Winfrey and Wadah Khanfar, the director general of Al Jazeera.

 

See here for the complete list of Fast Company’s 100 Most Creative People in Business, 2011.

 

For more information on the social computing research in HP Labs:

HP research shows mainstream media drive Twitter ‘trends’ to a surprising degree

The science of social: HP Labs research shows that "superuser​s" power the social web

HP reports second quarter 2011 results

HP today announced financial results for its second fiscal quarter ended April 30, 2011.

 

Net revenue of $31.6 billion was up 3% from the prior-year period as reported and up 1% when adjusted for the effects of currency.


Highlights:

- Second quarter GAAP diluted earnings per share up 15% year over year with non-GAAP diluted earnings per share up 14% and cash flow from operations up 28%
- Second quarter gross margins and operating margins up 1.0 and 0.1 percentage points, respectively, year over year
- Continued strength in commercial businesses resulted in commercial revenue increasing 8% year over year, with Enterprise Servers, Storage and Networking revenue up 15%, Software revenue up 17%, and commercial PC Clients and Printers revenue up 13% and 7%, respectively
- Revising full year GAAP diluted earnings per share outlook down to at least $4.27 and non-GAAP diluted earnings per share outlook down to at least $5.00


Read the full press release and financials by clicking here.

 

Quote from CEO Leo Apotheker

"HP executed well and delivered a solid quarter.  Our enterprise strategy, with services at its core, is focused on higher value-added solutions. Today we are accelerating our efforts to align our services business model to our long-term strategy to deliver unprecedented value to our customers and a better return for our shareholders."


Updates

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

Labels: Financial

National Geographic special features CeNSE - HP Labs’ “Central Nervous System for the Earth”

The National Geographic Channel special X-Ray Earth, which premiered yesterday, takes a fascinating look at how networks of sensors are changing the way we see the world. Similar to the way X-rays diagnose medical conditions, highly sensitive sensors are being used to get a better read on the planet that we live and breathe every day.
 
In the show, Dr. Peter Hartwell, the lead technologist of HP Labs’ CeNSE project, discussed how the internet and sensors will work together to provide a real-time pulse on everything from structural soundness of bridges to water quality, dramatically increasing our understanding of what’s going on in the world around us.    

This sophisticated look at the Earth gives cities and the planet the ability to “feel,” so we can make more informed lifestyle decisions and, potentially, change the damaging effects of growth over time.

 
Check out what Pete has to say about HP Labs’ CeNSE project here (video courtesy of the National Geographic Channel):


For more information on HP Labs, follow us on Twitter at www.twitter.com/HPLabs.

For more information on CeNSE:


Pete Hartwell talks CeNSE on Mashable


CeNSE and Innovation Come Alive at BIF6


Listening to the Earth: HP talks CeNSE in Washington D.C.

New HP Labs Discoveries about Memristors revealed in Nanotechnology

Today, the Institute of Physics published a special issue of the journal Nanotechnology focused exclusively on research about non-volatile memory based on nanostructures.

 

The journal includes a paper, co-authored by researchers from HP Labs and UC Santa Barbara, that reveals new discoveries about how memristors work at the material level.


Memristor

Memristors have the ability to ‘remember’ the total electrical charge that passes through them.  As a result, they can potentially underpin the next-gen of high density, non-volatile memory chips and logic circuits that mimic biological synapses.

 

Researchers in HP Labs are continuing to deepen our understanding of memristors even as the development of memory using these devices is underway.

 

So why do these new discoveries matter?

 

As our electronic devices get ever smaller and more powerful, current forms of memory are running up against limits. A better understanding of the physical processes that occur within memristors at the nano scale is key for memristors to reach their potential as drivers for innovations in computer memory and logic. Memristors hold great promise for enabling new types of memory that have very high endurance (meaning they can be written, erased and re-written many times), are highly scalable and stable, and consume little power.

 

To learn more, check out these resources:

Revealed: The Material Properties of Memristors

Research paper from the special issue of the Institute of Physics journal Nanotechnology

HP and Hynix - Bringing the memristor to market in next-generation memory


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