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Meg Whitman: HP's engineering is very much still alive, aims to be cloud computing leader
HP sure knows how to wrap up a party -- by letting its CEO make a surprise appearance right at the end of the show. Joining Todd Bradley on the stage, Meg Whitman reassured the audience with her company's "commitment to fantastic products," and that "engineering is very much still alive from HP." In regards to the recent merger of HP's Imaging and Printing Group with Personal Systems Group (which changed this week's show entirely), Meg -- who's a big believer in focus -- is confident that Todd's new team will deliver a united brand and a unified design language, thus making the PC business stronger with the best customer experience and customer support. Additionally, Meg seems to be getting along just fine with the board, saying that they are deeply engaged to plot a brighter future for HP. Under Meg's supervision, HP is doubling down on R&D and incubation, as well as aiming to be a leader in cloud computing (she claims that HP is already the largest provider of private cloud services) and security by bringing a full host of benefits that the competitors lack. When asked about HP's mobile and tablet strategy, Todd skirted around by emphasizing the happy partnership between HP and Microsoft on tablets, but he also said that markets evolve and change all the time, and that his company's well aware of the differences between the needs of enterprises or small businesses and the needs of consumers. So in other words, stay tuned.
HP's imaging / printing group combines with PC group, Printing and Personal Systems Group emerges
Rumor had it, and rumor was right. This morning, HP officially announced an organizational realignment that's set to "improve performance and drive profitable growth across the entire HP portfolio." Corporate speak, sure, but what's happening is that the Imaging and Printing Group (IPG) and Personal Systems Group (PSG) are joining forces to create the Printing and Personal Systems Group. The newly merged entity will be headed up by one Todd Bradley, who has served as the executive VP of PSG since '05. Vyomesh Joshi, executive VP of IPG, seems to be getting the better end of the deal, cashing in his "retirement" card after 31 years at the company. In related news, HP's Global Accounts Sales organization will join the newly named HP Enterprise Group, and it will "unify its Marketing functions across business units under Marty Homlish, executive vice president and chief marketing officer." Lastly, the company is sliding its Global Real Estate function from Finance into Global Technology and Business Processes, which is bound to befuddle precisely no one. For the full chair rearrangement, head on past the break.
