HP Announces Participation in Upcoming Investor Conference
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HP (NYSE:HPQ)(Nasdaq:HPQ) today announced its participation in the following investor conference, which will be available via live webcast:     Bank of America 36th Annual Investment Conference on Sept. 19.
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(InfoWorld) - The $100 millionÂ datacenter consolidation projectÂ being undertaken by Hewlett-Packard will help it be more efficient but also informs the consulting advice it gives to client companies. HP officials updated customers, employees and partners on the progress of its project Tuesday at the HP Technology Forum being held in Las Vegas. The company is in the second year of a three-year process to consolidate 85 datacenters worldwide in just six -- two each in Atlanta, Houston, and Austin, Texas. Three of the six new sites are already up and running and the remaining three should be completed within 60 days, said Randy Mott, executive vice president and chief information officer of HP. "It's not just around moving stuff to a different place," said Mott, in a clear case of understatement. Data center consolidation gives HP, and any company that does it, a chance to refresh their technology, move to industry standard products, eliminate redundant or outdated hardware and software, and engineer energy efficiency, a major concern of late, into the datacenter. At the Tech Forum, Mott said the data center project, which is scheduled to be completed in late 2008, will reduce the total number of servers by 30 percent, but increase the total processing power by 80 percent. It will reduce the cost of storage but double total storage capacity, and the cost of running HP's corporate network will go down but the bandwidth will be tripled. HP has already decommissioned 12 of the 86 datacenters, said Mott. And for HP, going through the process gives its HP Services group new insights they can apply to customers trying to upgrade their data centers. "We try make sure it's done right inside HP and then we can do that for customers," said Tony Redmond, vice president and chief technology officer for HP Services. Teams from HP's IT department, which handles the company's own IT systems, and from the HP Technology Services unit, which provides technology to client firms, work together on the datacenter project. Work the HP Services people do will help the Technology Services people advise their own clients, Redmond said. HP's technology infrastructure developed in a piecemeal fashion, just like that of many other companies. For instance, part of the project involves what companies call "software rationalization," going through the thousands of software applications that HP uses to weed out those that are redundant, outdated or just useless. HP applications may be duplicated by similar applications from Compaq Computer, which HP acquired in 2002 and Digital Equipment, which Compaq bought in 1998. HP is also going to deploy a new approach to cooling at the new datacenters. Called Dynamic Smart Cooling, it involves a number of heat sensors attached to each of the servers in a datacenter. The sensors can tell when a server is heating up because it's doing a lot of processing and then directs cold air at that server. When the server slows down, the sensor can tell and the cold air reduced. Dynamic Smart Cooling, developed within HP Labs, will demonstrate at HP's own datacenters how the technology may work for others.
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Hewlett-Packard is looking to jump into the lead in the growing server-blade market--at least temporarily--with its announcement Wednesday that it will integrate Brocade Communications Systems
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A photo featuring Mark Hurd, HP chairman, chief executive officer and president, as he updates media today on the actions HP (NYSE:HPQ)(Nasdaq:HPQ) is taking to address issues regarding the investigation of leaks from HP's boardroom, is available on Business Wire's web site and AP PhotoExpress.
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By MATT SLAGLE   Associated Press writer  HOUSTON -- Hewlett-Packard Co.
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By Jordan Robertson Associated Press  SAN JOSE, Calif. -- Hewlett-Packard Co.
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HP (NYSE:HPQ)(Nasdaq:HPQ) today unveiled three facilities in Cupertino, Calif., Singapore and Bangalore, India, as part of a $500 million investment to deliver world-class service-oriented architecture (SOA) to enterprise customers.
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Blog: The Web application security company is to become part of HP?s Technology Solutions Group
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Hewlett-Packard Co. (HP) announced on Monday that it has formed a new division within its Enterprise Storage and Servers Group chartered with unifying the company's blade system development efforts.
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(InfoWorld) - For a technology that's supposed to make computing easier,Â virtualizationÂ is becoming quite complicated. The Hewlett-Packard Technology Forum that starts Monday in Las Vegas will feature as many as 87 user training sessions on virtualization, more than any other category, organizers say. This is a recognition both that virtualization continues to gain in popularity but also that end users have a lot of questions. The HP Technology Forum (HPTF) is expected to draw 7,000 attendees. It coincides with the HP Software Universe event expected to draw 3,000 people to Las Vegas, though to a different venue than the Technology Forum. Despite the appeal of virtualization as a way to use IT resources more efficiently, the technology adds a layer of complexity that IT managers may not be prepared for and may reduce the anticipated return on investment. The number of virtualized servers deployed by businesses is exploding "like bacteria in a petri dish," said David Gee, vice president of marketing for HP Software. Users say they face the same management issues running a virtual environment as a physical one. "I have to track and monitor who gets access to what, who created it. Are they allowed to do this?" Gee said. Virtualization can make a single physical server act like multiple logical servers, improving server utilization. It allows one server to run multiple software applications simultaneously, reducing the number of computers needed. While virtualization is commonly used in server environments, it's also being used in desktops, storage arrays, networks and for disaster recovery. But using virtualization to consolidate the number of physical servers doesn't mean your management duties shrink proportionally. CA Inc., a maker of IT management software, reported in March that 44 percent of 800 IT professionals surveyed globally "were unable to declare their virtualization deployment a success." The survey, conducted for CA by an independent firm, showed that 28 percent of respondents failed to see the return on investment (ROI) they anticipated, or couldn't determine if they had. Forty percent didn't achieve the cost savings they expected, or couldn't determine if they had. For one thing, companies don't necessarily save on IT staff costs by virtualizing, said Peter Richardson, director of product management at CA. If a company that runs 300 operating systems on 300 servers reduces that to running 10 virtual servers on each of 30 physical servers, it still has 300 OSs, and related software applications, to manage, said Richardson. Moreover, as more virtual servers are added, those 30 physical servers could be running as many as 500 applications. "You could go around universally and ask any client that has virtualized whether they reduced staff and the bottom line is no," he said. Staff isn't reduced because server sprawl continues, even if it's just virtual. Of course, CA is making the point to promote its own virtualization management software, which, Richardson says, manages virtual environments even if there are different brands of servers on the network. Server vendors offer virtualization management software, such as HP's ProLiant Essentials Virtual Machine Management software. There also are a few good niche management software products available, "but there is still no fully cohesive virtual management suite," said Andi Mann, senior analyst with Enterprise Management Associates. The HPTF sessions should answer a lot of questions for HP customers about whether virtualization will live up to its promise, said Scott Healy, chairman of the IT User Group (ITUG), which is co-hosting the HPTF with the user group Encompass. Healy is also a vice president of IT at Sabre Holdings Corp. "The promise of virtualization is when you are able to use servers for different applications at different times without impacting the general availability of your IT resources. Balancing that is a concern for any IT manager," said Healy.
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CHICAGO - Hewlett-PackardÂ (HP) has moved its Active Counter Measures network security software into beta tests with a select group of European and North American customers in hopes of readying the product for a 2005 release, an HP executive said at the HP World conference here in Chicago Wednesday.
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(InfoWorld) - Hewlett-Packard Co. (HP) and Microsoft Corp. will enter into a new enterprise software agreement to be detailed Wednesday. The news will be announced at a joint news conference Wednesday afternoon that will feature Kevin Turner, chief operating officer of Microsoft, and Ann Livermore, executive vice president of the Technology Solutions Group at HP. No further details about the nature of the agreement were revealed. HP and Microsoft have had a close relationship over the past two decades, described as a "Frontline Partnership" on the HP Web site. Current enterprise-level collaborations include HP support of the new Office 2007 suite of business software applications and Microsoft Exchange Server 2007 for data centers. HP provides technical briefings and proof-of-concept testing to customers and partners that are considering deploying Windows-based technology in their enterprises. HP is also a Microsoft Gold Certified Partner for Learning Solutions, providing technical training on Microsoft systems at HP offices globally.
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Wringing profits out of a PC company is a demanding task for any business executive, but Hewlett-PackardÂ  believes the executive who has generated healthy profit margins within its printer division can work the same magic on its PC group in a combined organization announced Friday.
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Hewlett-Packard Co. , the world's largest printer and personal-computer maker, settled regulators' claims that it misled investors by failing to say why a director resigned amid a probe of boardroom leaks.
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(InfoWorld) - IT investors had a mixed bag of news to digest this week, in the wake of Hewlett-Packard Co.'s boardroom spy scandal, and Xerox Corp.'s annual pilgrimage to New York to woo the Wall Street crowd. It's a measure of HP Chief Executive Officer Mark Hurd's success so far that the company has not been harder hit by theÂ boardroom spy scandal, in which outside investigators hired by the board used allegedly illegal means to spy on employees, board members and reporters. In order to smooth things over, Hurd will replace Dunn in January and retain his CEO title. The spying was sparked by leaks to the press, which ironically included information on discussions that led to the firing of former CEO Carly Fiorina. It's ironic because under Hurd, the company's takeover of Compaq Computer Corp. -- a controversial acquisition engineered by Fiorina -- seems to be paying off. Hurd has reorganized the company to cut costs, and HP is gaining PC market share and growing almost as fast as its archrival in that market, Dell Inc. Since HP is much larger than Dell, that growth is remarkable. Much of it is the result of reorganized company logistics, supply-chain management, inventory control, as well as a continued push on the product front. The spy scandal has not implicated Hurd, and that's a good thing. Company shares did take a hit after Tuesday's disclosure by the California state attorney general on The NewsHour with Jim Lehrer that he had enough evidence to charge HP officials. Still, shares (HPQ) closed Thursday at $36.25, about where they were right before the scandal broke last week. The share price is still up 3.12 percent for the month and 31.81 percent for the year. As long as Hurd is not implicated in the scandal, the company seems poised to continue its run, even if Dunn or other board members are indicted. Of the seven major brokers changing their recommendations on the company this year, all but one have been to upgrade their recommendations -- the one exception was before the scandal. Meanwhile, HP's archrival in printers, Xerox, is having a hard time gaining traction in the market. The company made its annual pitch to Wall Street last week in a series of product and services rollouts. The consensus among analysts appears to be that CEO Anne Mulcahy is making all the right moves: slimming down the company, integrating and expanding services, keeping up pressure on rivals in the small and medium-size business market, and keeping its lead on the high-end production market. But share price was not affected by her pitch to Wall Street. Shares (XRX) closed Thursday right where they were on the last day of her pitch last Friday, at $14.90. "The strategy is there, but Wall Street wants to see more growth," noted IDC analyst Keith Kmetz. Various competitors including Asian manufacturers have "nibbled away" at the low end of the market, Kmetz said, but Xerox still has a command position in the production market and is strong in the market for office color printing and multifunction devices. Only HP can claim to rival Xerox in the full scope of products and services. But growth is tepid. Xerox second quarter revenue rose to $3.98 billion from $3.92 billion last year. The message from company executives appears to that Xerox will be able to achieve growth rates experienced by HP as services grow nearer to 50 percent of company revenue. But as Mulcahy told IDG, "whether that will be in three, or five years, I can't say."
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By MICHAEL LIEDTKE Associated Press  SAN FRANCISCO -- Hewlett-Packard Co.'s stock price dropped by 5 percent Thursday as investors reacted to reports that Chief Executive Officer Mark Hurd knew more about the computer and printer maker's elaborate spying program than previously thought.
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HP CEO Mark Hurd plans to answer questions from reporters on Friday regarding the ongoing HP controversy involving spying on journalists, board members and employees.