Company History of Hp

Hewlett-Packard was founded in 1939 by two men, Bill Hewlett and Dave Packard who met in the 1930s while studying at Stanford University. Hewlett-Packard is and has always been a highly innovative company that thrives

he company was founded in April 2000 by former banker Ronald J. Packard.[1] Initial investors in the company included Michael R. Milken and Lowell Milken of education company Knowledge Universe, who along with the Milken Family Foundation, invested $10 million.[1] Andrew Tisch of the Loews Corporation and Larry Ellison of Oracle Corporation also contributed venture capital.[1]

Founded by A.H. Heisey in 1895, the company opened for business in Newark, Ohio, in April 1896. Prior to the actual opening, a trade journal; China, Glass and Lamps featured an advertisement for the first two patterns produced by A.H. Heisey & Co.; 1200 Cut Block and 1201 Fandango.

* In 1981, IBM entered PC market used Microsoft’s DOS OS and microprocessor and will be Apple best rival for the start on 1981. Jobs forced out in 1985.

The recommended solution for HP entering the Japanese market is two-fold. The company must first take the existing DeskJet product and innovate upon that technology to make a product that differentiates itself from the competition. According to Warsh (1995) “if you succeed in making people think you are better than the rest, you can earn somewhat higher margins than the supplier of so-called commodity goods and services -- because people will

Google began in January 1996 as a research project by Larry Page and Sergey Brin when they met at Stanford University. Larry and Sergey began collaborating on a search engine called BackRub to operate on Stanford

HP's annual report has four key parts, i.e. part I, II, and III. Part I largely concerns itself with the basic aspects of the business. In so doing, it first introduces the business to the reader and then proceeds to identify some of the risk factors that affect its operations. It is also in Part I where the company identifies some of the properties it owns and ongoing legal proceedings. Information provided in Part II on the other hand includes the company's securities and stock performance, selected financial data, managerial analysis of the results, market risk disclosures, and an evaluation of procedures and controls. It is also in this section that we have the company's consolidated financial statements. Part III has got to do with issues regarding to corporate governance. The last part, Part IV, contains exhibits and schedules of financial statements.

Bill and Dave begin part-time work in the rented garage at Palo Alto, California, 1938. With $538 (U.S.) in working capital, consisting of cash and a used drill press, they produced HP 's first product, HP Model 200A, a

In addition, HP is a longterm partner with DreamWorks; the companies having partnered together since about 2000. HP has a managed print services (MPS) contract, so that they are constantly observing printing and paper usage, and thus processes and workflows, and can identify hot spots where too much paper is being used and inefficiencies are thereby created. The two companies meet weekly or biweekly for both sides to provide feedback and discuss concerns, and also meet quarterly to strategize on larger projects that aim to create efficiency. Thus this workflow solution was simply a part of an ongoing process with cooperation between DreamWorks and HP, not a situation where an outside vendor was sought.

Compaq when it was just a startup was one of the most innovative tech companies which concentrated more on product differentiation rather than price. Then what made HP concentrate Compaq on price rather than innovation. Also why companies like Dell, Acer gained much more popularity than a 2 decade old brand

Hewlett-Packard faces intense competition in all its business segments in terms of price, quality, brand, technology, reputation, distribution, range of products etc. The company faces stiff competition in the PC market. The company has become the market leader in the PC segment in the third and fourth quarter of 2006, relegating Dell to the second position. With Michael Dell returning as Chief Executive Officer, Dell is likely to come back strongly and make a fierce bid for market leadership. Other significant competitors in the PC market include Acer, Apple Computer, Gateway, Lenovo Group and Toshiba Corporation. Moreover, Acer’s acquisition of Gateways has made it the third largest PCs supplier in the world. In some regions, the company faces competition from local companies and from generically-branded or white box manufacturers. The company’s competitors in enterprise servers and storage include broad solutions providers such as IBM, focused competitors such as EMC Corporation in storage, Dell in industry standard servers and Sun Microsystems in UNIX-based servers. The imaging and printing group’s key competitors include Canon USA, Lexmark International, Xerox Corporation, Seiko Epson Corporation, Samsung Electronics and Dell. Hewlett-Packard’s inkjet market share expanded as Lexmark and Epson discontinued their unprofitable printer bundling arrangements with personal computer and retail partners, under which printers were given free with PC

The current study identified that the founders of HP, Bill Hewlett & Dave Packard created an effective management style which contained a set of values that defined how they wanted the company and its workforce to perform. This was known as “the HP way”. The main emphasis was on innovation through creating new quality products that added value to their customers’ requirements and secondly to create a supportive corporate culture as HPs employees where seen as the company’s biggest resource who together their capabilities accomplished something for the greater good of the organisation.

HP’s business is defined as the entire world’s leader and innovator in providing top of the line electronics, such as digital cameras and printers, as well as providing the top I.T. services any company has to offer. HP continually makes advances in their products to stay the leader in each of the 8 industries and sub-industries it competes in. HP ensures the highest level of service and technology to ensure each person taking timeless shots, or huge firms relying on their I.T. outsourcing to stay profitable can do so with the full confidence of HP’s name.

* Build and distribute webOS enabled printer and PC devices that is ready to exploit the opportunity to build an HP customer- and HP ecosystem-driven innovation

In 1984, Hewlett-Packard (HP) remodels the laser printer technology into the first laser jet. Laser printer is a printer that uses electrostatic digital printing which uses a converging light to produce the images or words onto paper. It is expensive and most people could not afford to buy although it has a better quality than ink jet printer. It is much heavier and bigger than ink jet printer. It needs some time to warm up before