Hewlett Packard will be introducing multi-function machines that combine printers with scanners and software to manage electronic documents. The software will come from their Autonomy group. The rumored price point, around $2500 to $3000, and targeted at small businesses and groups within larger companies.
In IDC's “MarketScape: U.S. Shared, Networked Multifunction
Peripherals for the Distributed Office 2012 Vendor Analysis” (Doc # 235820). Companies in the Leaders quadrant include
Xerox, Rico, HP, and Canon. Konica/Minolta
are close behind as Major Players. IDC’s
quadrant displays a company’s market share graphed against Capabilities and
Strategies. The Capabilities score
measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of
vendor strategies with customer requirements in a three to five year timeframe. Whitman's announcement will help keep HP in this section of the quadrant.
This announcement may portend good things for Todd Bradley, head of HP’s printer and personal-computer
businesses. The printing unit has
brought in over $25 billion in revenues to HP. Under the Hurd regime, R&D
suffered, dropping from $3.7 billion to
$3 billion between 2003 and 2010. More will be spent under the
Whitman regime.
Whitman also telegraphed some of her other strategies for
the next couple of years while speaking
at the Gartner US Symposium/Txpo, held in Orlando. She stated that HP would probably not release
a smartphone until 2014. She also expects
HP to be a major contender in the tablet and mobile PC markets.
“There will be ups and downs in this business," Whitman
said. "PCs may be declining. Tablets may be growing. The business definition here is 'personal systems.’ It's not PCs.
It's personal systems. And we
think we can win.” Whitman didn’t comment
on which OS the smartphones will use.
Hewlett Packard’s stock decline has been steeper than the
double diamond ski runs at Squaw Valley
in Lake Tahoe, California. On October
26, the stock hit another 52-week low of $13.94. This represents a 52-week decline of around
50%. Competitor Dell has had a slide of
almost 45% over the same period and also had another 52-week low of $9.19.
Whitman and Hewlett Packard need to make some bold moves. She said when she became CEO that
turning Hewlett Packard around would be a multi-year effort. She’s now just into her second year at the
helm. There may not be a third if things
don’t start improving.
“Hewlett Packard and Meg Whitman – The First Year.
Turbulence and Turmoil in the Valley” at