US-based information and communication technology (ICT) company Hewlett-Packard (HP) is targeting customers from small- and medium-sized enterprises (SMEs) and the public sector in Indonesia, considering these market segments to be the nation’s most robust. HP senior vice president and general manager of Enterprise Group for Asia-Pacific and Japan, Jim Merritt, said his company views developing markets like Indonesia as an engine of growth.
HP and Foxconn announced that the two parties have established a joint venture for the development of servers designed for cloud computing services. According to the two companies, they signed an agreement to set up a non-equity joint venture on May 1, 2014. Ownership splits and capitalization schedules for the new entity were not released.
HP Helion combines existing cloud offerings by HP, along with the company’s new OpenStack based products, which are coupled with a professional support service. With OpenStack technology coupled with hybrid IT delivery, HP is aiming to praise traditional IT, public, private and managed cloud with an investment of $1 billion for next two years.
NEW DELHI: Betting big on the telecom sector in India, Hewlett-Packard (HP) India today introduced Helion portfolio of cloud products and services that promises to help organisations build and manage workloads in hybrid IT environments. The firm will also invest over $1 billon in its Helion brand globally to support and deliver new open source cloud products and platforms in the next two years.
The partnership came into effect on May 1, 2014 News | by CIOL Bureau MUMBAI, INDIA:Foxconn, world’s leading manufacturer of computer components and systems is establishing joint venture with Hewlett-Packard (HP) exclusively to manufacture servers for cloud computing and offering related supporting services. The partnership came into effect on May 1, 2014.
Hewlett-Packard plans to invest more than US$1 billion over the next two years to develop and offer cloud-computing products and services. The company said it will make its OpenStack-based public cloud services available in 20 data centers over the next 18 months. HP last week also inked a deal with Taiwanese contract manufacturer Foxconn Technology Group to make servers aimed at companies that provide cloud computing services.