Hp Research Paper

The Hewlett Packard Company (HP) is a leading American technology company. HP was established by William Hewlett and David Packard in 1939; Operations were organized and set up in Palo Alto California as an up and coming IT and computing Systems Company. As the largest IT Company with revenues totaling $127.2 billion, in 2011 HP ranked #11 as a Fortune 500 company and established itself as the leading high technology company in America (HP Annual Report). The organizational structure can be divided into three major categories which are personal systems, print and image systems, and service and server systems. In detail, Hewlett Packard has seven different groups which include a Personal Systems Group (PSG), Services group, the Imaging and Print Group (IPG), Enterprise servers group, Storage and Networking group (ESSN), HP financial services (HPFS), an HP Software Division and a Corporate Investment division. The company has a full range of product lines to include personal computers, software, servers, networking products, storage devices, financial service solutions, printers, and imaging products. HP not only targets individual customers, they also serve businesses and organizations such as governments, the military, and health and education departments. With such huge revenues in fiscal 2011, HP’s industry servers and infrastructure technology outsourcing services each accounted for more than 10% of the company’s revenue. HP’s computers and printing supplies accounted for more than 10% of the company’s revenue over the past three fiscal years. HP also has a well-established global presence with revenues accounting for two thirds of the company’s total sales.
Emerging
In 2001, HP and Compaq merged creating the largest IT Company in America. Compaq was founded in 1982, specializing in personal computers. This merger became the new HP. Compaq was the largest computer supplier in the 1990s, but struggled against low-cost competitors like Dell which had