HP Innovation Journal Issue 05: Winter 2016

T he new HP is a textbook example of in- Capturing growth its 50 th anniversary in 2016. Because the novation. Established 77 years ago and world around us is changing at an exponential reinvented one year ago with the sepa- Profits from the Core enable HP to pursue prof- rate, HP takes a long-term perspective on the ration of Hewlett-Packard into two companies, itable growth in naturally adjacent markets. To Megatrends that are shaping the world and the new HP Inc. began a journey to reinvent that end, HP began to reinvent the A3 copier then creates products and technologies based everything. market—an industry that is ripe for disrup- on those insights. The reinvention journey started with a vision tion by introducing the A3 portfolio, including The world is on the cusp of the Fourth to create amazing technologies that make life 16 new next-generation HP PageWide and Industrial Revolution, one that will change the better for everyone, everywhere. To do this HP LaserJet printers. Then to accelerate innova- world even more than the ones that came be- needed to embrace new ideas, methods and tio n, HP reached a $1.05 billion agreement to fore: steam powered machines, electricity and products and market changes in order to turn acquire Samsung’s printer business. Expected mass production, and networked digital com- change into opportunities. to close mid-2017, this acquisiton will not only puters. This revolution will be characterized by First a powerful new the blending of the digital board of directors was and physical worlds into Our strategy assembled, the most di- what HP calls “Blended Growth Core Future verse board in the indus- Reality.” $385B TAM $150B+ TAM $10B–30B+ TAM try. Together, with the The new HP Jet Fusion company’s experienced 3D Solution, a highly in- • Revitalize consumer • Disrupt copier market • Lead 3D printing management team they novative commercial 3D • Drive commercial • Accelerated graphics crafted a new, highly fo- printing system, is poised Printing cused business strategy to disrupt the $12 trillion • Lead commercial • Expand commercial • Create new immersive based on three pillars: manufacturing industry. mobility categories Personal • Grow premium Core, Growth, and Future. HP is also investing Systems And the foundation of in immersive computing, Services and solutions those three pillars is con- including virtual and aug- Source: HP internal analysis as of June 2016 and August 2016 IDC forecast. stant innovation. mented reality. The new Sprout Pro has the poten- Protecting the core impact innovation but significantly strengthen tial to bring immersive computing to schools HP’s intellectual property portfolio. and offices worldwide. HP has been a global leader in Personal HP also is aggressively pursuing growth Systems and Printing for decades, and is ag- opportunities in Graphics printing as the indus- Built on a foundation gressively protecting and defending our Core try accelerates from analog to digital printing. of strength business. Constant innovation keeps products Already holding a No. 1 position with power- and solutions fresh, highly relevant and drives ful and versatile new commercial printers and Across all three pillars is the foundation of customer demand. presses, and just delivered the 13 th consecutive services and solutions, an incredibly important In office printing, HP rolled out an entirely quarter of revenue growth. and growing area given the changing world. new line of ink, laser and Page Wide devic- In Personal Systems, HP is delivering in- The company’s strategy and innovations es—delivering the world’s most secure print novative new commercial mobility solutions are driven by four key factors: market and cus- experience, as well as a comprehensive range like the Elite x3, a versatile all-in-one device tomer trends, competitive dynamics, investor of Managed Print Services. In consumer print- that won 24 industry awards at Mobile World perspective, and practical capabilities. ing, the pocket-sized Sprocket is a huge hit with Congress, and created a new standard for com- Innovation decisions are measured carefully smartphone-toting millennials. mercial mobility. against our capabilities to ensure that HP can In Personal Systems, HP took profitable deliver both innovation and execution. The share with innovative new commercial products Creating the future scale and power of HP’s supply chain and go- including Elitebook Folio G1 and new ZBook to-market operations are immense; its sales workstations. On the consumer end, HP de- HP has a rich heritage of innovation and cat- channel orientation and partner relationships livered beautifully designed, high performance egory creation. To build on this, the company are strong; and the HP brand is one of the most solutions for premium consumer categories like continues to redefine industries by investing in respected in the world. All these things provide gaming and entertainment. This included the the third strategic pillar: The Future. a strong foundation for advancing the compa- introduction of Spectre 13, the world’s thin- HP Labs, one of the eminent private re- ny’s strategy to keep reinventing.  nest laptop and the Omen X gaming system. search laboratories in the world, celebrated Issue 5 · Winter 2016 · Innovation Journal 5

HP Innovation Journal Issue 05: Winter 2016 | Page 5