ICT

HP Development Company, LP

Company Profile Analysis

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HP Development Company, LP - ICT showcase

Year Founded & Workforce

1938-12-31

55,000 Employees

Industry

ICT

Services

H

HP Development Company, LP Overview

Company Headquarters: US

Founded: 1939

Workforce: ~55,000

Company Working: HP Development Company, LP (HP) is a provider of personal computing and other access devices and imaging and printing products, solutions, and services. It operates through three business segments—personal systems, printing, and corporate investments. Under its personal systems segment, the company provides commercial personal computers (PCs), consumer PCs, workstations, commercial tablets and mobility devices, retail point of sale (POS) systems, displays, and other related accessories, software, and support and services for commercial and consumer markets. HP’s printing segment includes media, consumer, and commercial printer hardware, software, and services, and scanning devices. It also provides imaging solutions for commercial markets. The corporate investments segment includes HP Labs and other business incubation projects. HP Labs, with its various research and development groups, is responsible for the company’s research and development activities. Geographically, the company has divided its operations into two regions—the US and the rest of the world.

Strategy

HP primarily follows an organic growth approach that focuses on technological innovation, which is critical for maintaining its position in the global PC as a service market. It emphasizes upgrading its existing portfolio of products and services in its personal segment to meet the demands of a continually changing technological landscape. The company aims at fulfilling customer needs by emphasizing innovation and long terms investments in its copier-printers, 3D printing, managed print services, and PC as a service business by offering unique products and services.

Company Snapshot

$37,661M

Revenue

55,000

Employees

1938-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Extensive research and development
  • Strong presence in international markets
  • Stable revenue growth

Weaknesses

  • High debts
  • Low liquidity ratio

Opportunities

  • Inorganic growth initiatives
  • Growing global hardware IT market

Threats

  • Changing regulatory environment
  • Intense rivalry
  • Constant technological changes

Key Developments

DateApproachDevelopment
February 2019Product EnhancementHP enhanced the capabilities of its PC as a service offering by including analytics and reporting features, as a part of the company’s HP Tech Pulse solution.
February 2019Business ExpansionHP extended its DaaS (including PC as a Service) offering for Apple across Europe. The expansion in Europe will help HP to further expand its presence in the regional market.
February 2019Product EnhancementHP introduced HP Tech Café market that helps the employees to procure tech-ready solutions and accessories without any unnecessary delays. With the introduction of HP tech Café, the company will be able to deliver the requisite services to its client faster, since all the required tech accessories and solution will be available readily, hence enhancing the service efficiency.
February 2018Product LaunchHP introduced its PC as a Service solution for desktop Macs. The offering includes repair, replacement, analytics, unified endpoint management via HP’s service team. Till February 2018, the service was limited to the customers in the US.
September 2017Product DevelopmentHP enhanced the capabilities of its DaaS offerings (including PC as a Service) by developing more insightful and efficient fleet management solutions. This enhancement helps clients achieve greater efficiency, improve employee experience, and save time and resources to drive business growth.

Product Offering

  • HP Development Company, LP
    • PC as a Service

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles HP Development Company, LP as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

HP Development Company, LP

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