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Displaying articles for: August 2012

HP Reports Third Quarter 2012 Results

HP today announced financial results for its third fiscal quarter ended July 31, 2012. For the quarter, net revenue of $29.7 billion was down 5% year over year and down 2% when adjusted for the effects of currency.

Quick reference guide: HP earnings report coming up Wednesday, Aug 22, 2012

HP (NYSE ticker symbol: HPQ) will present its third quarter earnings results tomorrow, Wednesday, Aug. 23, 2012, after the market closes at approximately 1pm PT.  We will post links to the news release, financials, and other information as it becomes available here at Data Central and on Twitter and Stocktwits at @hpnews.


Our CEO Meg Whitman and CFO Cathie Lesjak will also host a live audio webcast to review HP’s financial results.  The call is scheduled for tomorrow at 2:00 pm PT and will be available at 


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


All HPQ SEC filings

HP on SlideShare

HP Labs commits research funding to 46 universities across the globe

HP’s philosophy of open innovation has led to extraordinary collaboration with governments, universities, and our customers and partners.


HP is furthering its commitment to deepening insights and impact through research and innovation. This week, HP Labs announced it is giving over $4 million in sponsored research awards as part of the fifth annual HP Labs Innovation Research Program (IRP).


These awards will enable 60 research projects to conduct breakthrough collaborative research in cloud technology, health care, information analytics, social media, and a host of other disciplines. Faculty and students at leading colleges, universities and research institutes around the world have been participating in research with HP to bring about the next generation of technologists and scientists.


“HP Labs’ ultimate goal is to bring value to HP through commercialization of our research,” said Chandrakant Patel, HP senior fellow and interim director of HP Labs. “One of the ways we get there is by tapping into the wealth of knowledge from leading colleges, universities, and research institutes.  Our academic colleagues contribute a diversity of perspective, new ideas and fresh approaches that strengthen our research.  In return, we help educate the next generation of scientists and engineers.”


Here are a few examples of research projects that were funded as part of the program. The full list of 2012 awards can be found here.  


  • Oregon State University Professor Patrick Chang and Texas A&M University Professor Samuel Palermo are jointly working on energy-efficient electronic/photonic interfaces for next-generation data centers and networks.
  • Rice University Professor Edward Knightly is developing enabling technologies for urban-scale wireless networking to improve capacity and security critical to emerging wi-fi standards.
  • At the OFFIS Research Institute in Germany, Professor Susanne Boll-Westermann of the University of Oldenburg will be researching the creation and use of secure personal-health profiles compiled from online data sources, with an initial focus on heart fitness.
  • At University of California-Davis, Professor Chen-Nee Chuah is using innovative measurement of network traffic to enable efficient and scalable network design, capacity planning and anomaly detection.

Now in its fifth year, the HP Labs IRP has channeled approximately $20 million of support to academic projects aligned with the HP Labs research agenda. IRP has gathered more than 2,000 research proposals from more than 40 countries, each seeking up to $100,000 in project funding for one academic year. Of these proposals, IRP has supported more than 150 research projects, most being renewed for a second year. More than 40 patent filings and nearly 250 scholarly publications have resulted from IRP projects to date.

What is #1 on customers’ to- do lists? Innovation

Nina Buik, CMO of HP’s largest user community, Connect, explores how today’s HP customers are placing more emphasis than ever on innovation. Connect has over 55,000 members across 41 global chapters. Its mission is to help its members gain the most from their HP business technology investments through advocacy, community and education. 


Anyone who has ever worked or even stepped foot in Silicon Valley can tell you that the cultural vibe of the world’s foremost technology playground is like no other. From 20-something IPO millionaires to self-driving cars, innovation is the pulse of life in the valley.


For HP’s largest user community, Connect, innovation is an opportunity to help the companies they support be more efficient in their use of technology by creating new ways to improve processes and ultimately the customer experience. In the last issue of Connect Converge, Merritte Stidston, Director of Development Center Strategy & Operations at McKesson Corp noted, “[By implementing cloud technology from HP,] we can provision a typical development environment in 15 to 30 minutes, using templates for servers, storage and networking.” This enables McKesson to innovate continuously and solidify its leadership in the healthcare industry.


The thirst for innovation is apparent even in areas such as mission critical computing, which has traditionally been associated with terms such as “reliability” or “availability” but rarely “innovation.” IT architects, systems integrators and application developers are now finding unique ways to apply traditional hardware, software and networking to produce pleasantly unexpected results for enterprises in diverse industries. Connect member, University Hospitals (UH) of Cleveland, Ohio leveraged HP technology to provide continuous availability of radiology reports and images across all of its facilities by innovatively configuring and installing an online storage and Disaster Recovery site. The initiative eliminated downtime, enabled doctors to deliver consistent care to their patients and helped UH win HP and Intel’s 2012 Mission-Critical Innovation Award.   


Several of HP’s recent products have generated excitement among Connect members. HP’s Gen8 server line, launched earlier this year, boasts over 900 patents by HP labs and engineers. Now this is HP engineering at its finest!  A server that is energy efficient, reliable, fast, self-diagnosing and self-fixing (in some cases) as well as cost effective really gets our attention. Another exciting product innovation that sparked our interest was the recently announced Project Gemini, which allows customers to move from having tens of servers per rack sharing nothing, to thousands of servers per rack sharing nearly everything. 


At last month’s Discover event in Las Vegas, Meg Whitman assured customers that, “HP’s innovation engine is alive and well.” She also reaffirmed her commitment to organic innovation at HP, particularly in Big Data, Cloud and Security. As a long-time HP user and on behalf on HP’s largest user community, I am excited to see what else the future has in store for innovation at HP!

DreamWorks Animation drives innovation with HP Cloud Services

One of the strengths of our public cloud services is that developers can maximize their productivity through the extended collaboration we have with our ecosystem partners.  It was only back in May where we announced 40 partners.  Today, we have over 100.


And look who is leveraging this for success: DreamWorks Animation SKG is using the combination of HP Cloud Services with a Global Cloud Storage System from HP ecosystem partner Panzura.  The result is a cloud-integrated network-attached storage environment. This cloud-based infrastructure ties together distributed teams at three studios at DreamWorks Animation, and enables them to undertake a “follow-the-sun” content production.


For more on our DreamWorks’ use of HP Cloud Services, and detail on the services themselves, head over to our formal announcement at the HP newsroom.

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