HP Powers Move to Cloud for Enterprises and Service Providers
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HP Powers Move to Cloud for Enterprises and Service Providers

VIENNA, AUSTRIA -- (MARKET WIRE) -- Nov 30, 2011 -- HP (NYSE: HPQ) today announced new Cloud Solutions that advance deployment of private, public and hybrid clouds, enabling enterprises, service providers and governments to capitalize on emerging market opportunities.

With thousands of successful cloud deployments, HP has helped clients get the best of a hybrid delivery approach without the complexity. By incorporating both in-house and externally sourced IT services, clients can pick the right method of delivery to effectively meet time-to-market, availability and cost requirements. Yet, security concerns and a lack of internal skills continue to challenge organizations' evolution to the cloud.

Service providers also recognize that a hybrid delivery approach requires new cloud business models that provide consumption and brokerage of technology for their customers in multiple ways. As a result, they need a technology partner that can help them capture this market opportunity.

HP Cloud Solutions, based on HP Converged Infrastructure, provide the hardware, software, services and programs that enable service providers, enterprises and governments to rapidly and securely deliver IT as a service.

"Clients want to understand, plan, build and source for cloud computing in a way that allows them to gain agility, reduce risk, maintain control and ensure security," said Steve Dietch, vice president, Marketing, Cloud Solutions and Infrastructure, HP. "The new offerings are the culmination of HP's experience in delivering innovative technology solutions, as well as providing the services and skills needed to drive this evolution."

HP's new offerings address the key areas of client needs -- building differentiated cloud offerings, consuming cloud services from the public domain, and managing, governing and securing the entire environment.

Building a hybrid environment
As organizations work to achieve an agile service-delivery approach, they must develop, deploy, manage and secure IT services across public and private clouds as well as traditional IT delivery models.

HP continues to expand its cloud ecosystem with new partners, offerings and programs:

Consuming enterprise-class cloud services
Organizations need rapid and secure sourcing of compute services that quickly flex to peak demands without excess capital expenditures. New and enhanced HP services that provide a cloud infrastructure as a service to address this need include:

Transforming for the cloud era -- closing the cloud skills gap
Clients can use HP guidance and training to transform legacy data centers for cloud computing by improving the skills in their organizations. New HP services that address this need include:

In a world of continuous connectivity, HP Converged Infrastructure is a key element to delivering the Instant-On Enterprise. The Instant-On Enterprise embeds technology in everything it does to serve customers, employees, partners and citizens with whatever they need, instantly.

A recording of the HP DISCOVER Vienna press conference and additional information about HP's announcements at its premier client event, HP DISCOVER Vienna, is available at www.hp.com/go/optimization2011.

About HP
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com.

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This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations, including execution of growth strategies, transformation initiatives and restructuring plans; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; expectations and assumptions relating to the execution and timing of growth strategies, transformation initiatives and restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2011 and HP's other filings with the Securities and Exchange Commission, including but not limited to HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2010. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

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