If there ever was a company that has struggled to reinvent and find itself, as well as its former stature in consumer and commercial technology, it’s HP.
There was a time when HP had no equal in several product segments, such as test & measurement, calculators, pocket PCs/personal assistants, etc., but those days are long gone. Sure, the company reigns in printers, and their desktop and mobile workstations are good, but not nearly as compelling as in the good old days.
HP’s reign as the world’s largest manufacturer of personal computers came to an end in the second quarter of 2013. At the time sales figures showed that Chinese PC manufacturer Lenovo shipped more computers during that period than HP, which had held the crown as the largest PC maker since at least 2006.
In an attempt to return to its former glory days, HP split into two public companies with one side focusing on its cloud and enterprise market (Hewlett-Packard Enterprise), and the other on personal systems (computers) and printers (HP Inc.). To make this happen, the company also cut thousands of jobs in the process.
Shapeways, a leading 3D printing service and marketplace for consumers, announced a collaboration with HP Inc. to help drive HP’s Jet Fusion 3D Printer. Shapeways said it is the first company to receive an early prototype unit in its Eindhoven, Netherlands factory and is working closely with HP. Once publicly available sometime later this year, Shapeways hopes the new commercial HP offering will provide its 3D community with a superior quality black nylon material that will 3D print in greater detail, with a faster lead time, and at a lower cost than current dyed nylons.
Shapeways produces roughly 3,000 unique products every day and over 1 million unique products annually.
“We chose to work with Shapeways because they are the leading authority in bringing creative ideas to life and are the largest consumer 3D printing portal, with 3,000 products made every day,” said Stephen Nigro, president of HP’s 3D printing business. “The HP Jet Fusion 3D Printing Solution will enable Shapeways to bring high quality parts up to 10 times faster than before for lower cost.”
HP’s Virginia Palacio and Stefan Rink, Shapeways VP of Manufacturing, with the new HP Jet Fusion 3D Printing Solution, the world’s first production-ready commercial 3D printing system, installed in Shapeways’ Eindhoven factory.
According to Shapeways, in addition to offering superior quality, this new technology could potentially reduce standard shipping from the current seven business days to next day delivery. (more…)
Being the editor of MCADCafe, I am constantly on the lookout for innovative software and hardware products that make working life better for designers and engineers. While some of these products are truly unique, many are retreads and “me too’s” of existing offerings.
Lately, I’ve been especially watchful on the hardware platform front, because it doesn’t seem as compelling as it once was, much to the credit of escalating cloud-based hardware and software services.
However, something really caught my eye last year – the HP Sprout – a computing platform that is truly unique because it is a desktop computer but is also has an integrated 3D scanner for 3D object capture and editing as well as 3D print options.
In a nutshell, the Sprout is a relatively high-end Windows 8 computer with a novel two-screen configuration and advanced cameras, which combined can make some creative activities possible. The second display, on a desktop touch sensitive mat, is a major advance in the physical user interface for computers.
For as long as I can remember, HP has produced an incredible range of products for science, engineering, and consumer customers. More recently the company has had a huge presence in computers and 2D printers.
Now, HP has vision for 3D printing for manufacturing parts on a relatively economical machine it calls the Multi Jet Fusion (MJF) 3D printer. The company claims these parts will have similar quality and characteristics as injection-molded parts, and will print at speeds that HP claims to be 10x compared to similar competing technologies. More about these claims to follow.
If there has ever been a company that has struggled to reinvent and find itself and its former stature in consumer and commercial technology, it’s HP.
There was a time when HP had no equal in several product segments, such as test & measurement, calculators, pocket PCs/personal assistants, etc., but those days are long gone. Sure, the company reigns in printers, and their desktop and mobile workstations are utilitarian (although the HP Z1 is a notable exception), but not nearly as competitive as in the good old days.
In an attempt to return to its former glory days, HP said Monday that it will split into two public companies with one side focusing on its cloud and enterprise market (Hewlett-Packard Enterprise), and the other on personal systems (computers) and printers (HP Inc.). The company also plans to cut another 5,000 jobs.
Although it’s a couple years old, check out HP’s CEO, Meg Whitman explain her plans for reviving HP:
Interview with Meg Whitman, HP CEO – The Plan to Revive HP
Some of the highlights of the announcement include:
Hewlett-Packard Enterprise will build upon HP’s leading position in servers, storage, networking, converged systems, services and software as well as its OpenStack Helion cloud platform
Meg Whitman to be President and Chief Executive Officer of Hewlett-Packard Enterprise; Pat Russo to be Chairman of Hewlett-Packard Enterprise Board
HP Inc. will be the leading personal systems and printing company with a strong roadmap into the most exciting new technologies like 3D printing and new computing experiences
Dion Weisler to be President and Chief Executive Officer of HP Inc.; Meg Whitman to be Chairman of the HP Inc. Board
Company reiterates fiscal 2014 non-GAAP diluted net earnings per share (EPS) outlook of $3.70 to $3.74 and updates GAAP diluted net EPS outlook to $2.60 to $2.64
Company issues fiscal 2015 non-GAAP diluted net EPS outlook of $3.83 to $4.03 and GAAP diluted net EPS outlook of $3.23 to $3.43
Immediately following the transaction, which is expected to be completed by the end of fiscal 2015, HP shareholders will own shares of both Hewlett-Packard Enterprise and HP Inc. The transaction is intended to be tax-free to HP’s shareholders for federal income tax purposes.
The announcement comes as HP approaches the fourth year of its five-year turnaround plan. Over this time, the company has executed at least somewhat successfully against its turnaround objectives.
“Our work during the past three years has significantly strengthened our core businesses to the point where we can more aggressively go after the opportunities created by a rapidly changing market,” said Meg Whitman, Chairman, President and Chief Executive Officer of HP. “The decision to separate into two market-leading companies underscores our commitment to the turnaround plan. It will provide each new company with the independence, focus, financial resources, and flexibility they need to adapt quickly to market and customer dynamics, while generating long-term value for shareholders. In short, by transitioning now from one HP to two new companies, created out of our successful turnaround efforts, we will be in an even better position to compete in the market, support our customers and partners, and deliver maximum value to our shareholders.”
Not all marriages are made in heaven, and the news that Stratasys and HP have agreed to discontinue their manufacturing and distribution agreement for 3D printers, effective at the end of 2012 proves it. The relationship lasted only a couple of years.
Stratasys said it does not expect the termination of its agreement with HP to have a material impact on its financial results for the current year and intends to work closely with HP to ensure a smooth transition for customers. I doubt, though, if the same holds true for HP.
Under the terms of the definitive agreement signed in January 2010, Stratasys developed and manufactured for HP an exclusive line of 3D printers based on Stratasys’ Fused Deposition Modeling (FDM) technology. Later that year, HP began a phased rollout of the 3D printers in the MCAD market in select European countries, but never made it over here to North America, which was both a mystery and a shame.
When Stratasys made the original distribution announcement with HP, it was regarded as a pretty big deal. The announcment also boosted Stratasys’ stock price. It truly was a big announcement for additive fabrication, but I don’t think many in the industry regarded it as the turning point for the technology. In the end, the annoucement and partnership never did fulfill the initial hype or substantive change in the additive fabrication market.
To be fair to HP, though, it only got Stratasys’ entry level UPrint and Dimension product lines. I think this was done to expand Stratasys market presence and installed base without canibalizing its more lucrative high-end 3D printer market that it wanted to keep. Fair enough.
It always puzzled me, though, why HP didn’t develop and market its own 3D printer for a worldwide market — especially at the low-end, prosumer level. After all, HP has provided 3D print heads for ZPrinters (now owned by 3D Systems) and is a market leader in 2D printers. Why not go the next step to develop and mass market your own 3D printing machine?
Admittedly, these are tough times, and no technology company knows that better than HP.