Hewlett Packard Company ( HPQ ) has grabbed yet
another deal. This time it's from Niagara Health System ("NHS").
This large amalgamated hospital based in Ontario has selected HP
Networking solutions to support its service delivery system.
HP will help them to optimize network performance, while
simplifying their IT infrastructure.
NHS aims to ensure the availability of critical medical
applications in order to meet the healthcare demands of the region
and also secure network access across its sites. For this they
require a reliable and flexible infrastructure that can be
The efficient functioning of these hospitals required high-speed
data transmission across their hospital system which needs to be
backed by a good IT infrastructure and a robust network. This is
where NHS found the HP 12500 and HP 8200 zl Switch Series to
be the most applicable.
HP has been winning deals consistently over a period of time.
Previously, HP announced that Bond International Software Group
entered into a contract to use a technology from Autonomy, which
was acquired by HP in Aug 2011. Per the contract, H-P will provide
its Autonomy Intelligent Data Operating Layer (IDOL) server to
enhance its Bond Adapt platform.
Hewlett-Packard is extending its enterprise systems management
leadership position into the application, service management and
business process management markets. It also believes that the
digital content being developed will create a $1.2 trillion
addressable market opportunity.
HPQ is gradually increasing its customer base across verticals
and geographies. Some of its recent wins have come from emerging
markets like Brazil, Russia, India and China (the BRIC countries).
This apart, the company has also focussed on growth areas such as
Digital Printing, which is mainly used by companies for enhancing
their image outputs, Mobile Computing and Next-Generation Data
Center handling. These are some of the key growth areas the company
is focusing on to further improve its business volume in 2013.
Although the company's profitability is affected by the PC
market slump, better cost control efforts and new product launches
in the non-PC area bode well for the company.
Currently, HPQ has a Zacks Rank #2 (Buy). Investors may also
consider technology stocks such as Symantec Corp. (SYMC),
SanDisk Corp. ( SNDK ) and
Pegasystems Inc. ( PEGA ), which have a
Zacks Rank #1 (Strong Buy) and Western Digital
Company ( WDC ) which has a Zacks
Rank #2 (Buy).HEWLETT PACKARD (HPQ): Free Stock Analysis
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