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HP

HP

Tagline

To make what we make. To invent, and to reinvent.

Net Worth

$2,840,000,000

Started in (City)

California

Started in (Country)

USA

Incorporation Date

01st December, 1939

Bankruptcy Date

-

Founders

  • Bill Hewlett
  • David Packard

About

The Hewlett-Packard Company, generally abbreviated to Hewlett–Packard or HP, , was an American worldwide data innovation organization headquartered in Palo Alto, California, that created and gave a wide assortment of equipment parts just as programming and related administrations to buyers, little and medium-sized organizations (SMBs) and enormous ventures, remembering clients for the administration, wellbeing and training areas. The organization was established in a one-vehicle carport in Palo Alto, California by Bill Hewlett and David Packard in 1939, and at first created a line of electronic test and estimation gear. The HP Garage at 367 Addison Avenue is presently assigned an official California Historical Landmark, and is set apart with a plaque considering it the "Origination of Silicon Valley’".

Beginning

The organization got its first enormous agreement in 1938, giving its test and estimation instruments for creation of Walt Disney’s massively fruitful energized film Fantasia. This achievement drove Hewlett and Packard to officially set up their Hewlett-Packard Company on January 1, 1939. The organization developed into a global partnership generally regarded for its items, and its administration style and culture known as the HP Way which was received by different organizations around the world. HP was the world’s driving PC maker from 2007 until the second quarter of 2013, when Lenovo pushed forward of HP. HP had practical experience in creating and assembling registering, information stockpiling, and systems administration equipment, structuring programming and conveying administrations. Significant product offerings included individualized computing gadgets, undertaking and industry standard workers, related capacity gadgets, organizing items, programming and a various scope of printers and other imaging items. HP straightforwardly showcased its items to family units, little to medium-sized organizations and ventures just as by means of online conveyance, buyer hardware and office-flexibly retailers, programming accomplices and significant innovation merchants. HP likewise offered administrations and a counseling business for its items and accomplice items. In 1999, Hewlett-Packard Company spun off its electronic and bio-investigative test and estimation instruments business as Agilent Technologies; HP held spotlight on its later items including PCs and printers. It converged with Compaq in 2002, and obtained EDS in 2008, prompting consolidated incomes of $118.4 billion that year and a Fortune 500 positioning of 9 of every 2009. In November 2009, HP declared its obtaining of 3Com, with the arrangement shutting on April 12, 2010. On April 28, 2010, HP reported its buyout of Palm, Inc. for $1.2 billion. On September 2, 2010, HP won its offering war for 3PAR with a $33 an offer ($2.07 billion), which Dell declined to match.

Road to Success

On November 1, 2015, the organization spun off its undertaking items and administrations business Hewlett Packard Enterprise. Hewlett-Packard clutched the PC and printer organizations and was renamed HP Inc. HP’s worldwide activities are coordinated from its central command in Palo Alto, California, USA. Its U.S. tasks are coordinated from its office in unincorporated Harris County, Texas, close to Houston. Its Latin America workplaces are in unincorporated Miami-Dade County, Florida, U.S., close to Miami; Its Europe workplaces are in Meyrin, Switzerland, close to Geneva, however it has likewise an exploration community in the Paris-Saclay group, 20 km south of Paris, France. Its Asia-Pacific workplaces are in Singapore. It additionally has enormous activities in Leixlip, Ireland, Austin, Texas; Boise, Idaho Corvallis, Oregon; Fort Collins, Colorado Roseville, California; Saint Petersburg, Florida San Diego, California Tulsa, Oklahoma; Vancouver, Washington; Conway, Arkansas; and Plano, Texas (the previous home office of EDS, which HP procured). In the UK, HP is based at a huge site in Bracknell, Berkshire with workplaces in different UK areas, including a milestone office tower in London, 88 Wood Street. Its ongoing obtaining of 3Com will extend its worker base to Marlborough, Massachusetts. The organization additionally has an enormous workforce and various workplaces in Bucharest, Romania and at Bangalore, India, to address their back end and IT tasks. MphasiS, which is headquartered at Bangalore, likewise empowered HP to build their impression in the city as it was an auxiliary of EDS which the organization procured.

Challenges

HP created lines of printers, scanners, advanced cameras, adding machines, PDAs, workers, workstation PCs, and PCs for home and independent venture use; huge numbers of the PCs originated from the 2002 merger with Compaq. HP starting at 2001 advanced itself as providing equipment and programming, yet additionally a full scope of administrations to configuration, actualize, and bolster IT foundation. HP’s Imaging and Printing Group (IPG) was portrayed by the organization in 2005 as "the main imaging and printing frameworks supplier on the planet for printer equipment, printing supplies and filtering gadgets, giving arrangements across client sections from singular purchasers too little and medium organizations to enormous undertakings". On December 23, 2008, HP discharged iPrint Photo for iPhone, a free downloadable programming application that permits the printing of 4" x 6" photos.

Failures

The proof that HP is in trouble is that one recurring theme at all of these other events is that the vendors are positioning consistently against HP—particularly with large complex projects. They have all learned from their recently acquired customers that HP has apparently lost its ability to deliver solutions, though it still sells them. HP is instead delivering build-it-yourself IT kits—particularly in the hot converged systems space. This would be like selling a new Corvette and delivering to the customer a bunch of boxes with tires/wheels, engine, body on frame, and sound system in a not-so-easy-to-assemble kit.

Achievements

  • In 2005, Hewlett-Packard rates in the top 10 'Best of the Best' companies to work for when Working Mother
  • In 2010, HP.com awarded Best Computer: Hardware Website by WebAward
  • In 2011, HP wins 'Company of Year' award in three categories at VARBusiness ARC Awards
  • In 2015, HP Digital Photography TV Ads Wins Creative Campaign of the Year by Adweek Magazine
  • In 2016, HP.com Honored for Best Overall Design by American Business Awards
  • In 2017-18, HP Wins Award for Best Online Support by Association of Support Professionals (ASP)
  • In 2020, HP Tops Customer Satisfaction Survey by ComputerWorld and InterUnity Group

Subsidies

  • Bromium
  • Cray
  • Fortify Software
  • Nimble Storage
  • VoodooPC
  • PrinterOn Corporation

CEOs

  • Enrique Lores