HP sees recent profit growth thanks partly to its data centre systems offering

Here at Data Centre Shop, we are proud of our stock of HP data centre products, which include servers and storage devices. Furthermore, it has emerged that HP has its data centre systems offering to largely thank for recent profit growth. To be more precise, HP – otherwise known as Hewlett-Packard – has revealed its latest quarterly results, which are mainly positive thanks largely to… the company’s increased sales of data centre systems. This suggests that many people have great faith in HP’s data centre products and that the company is certainly moving in the right direction under its CEO, Meg Whitman.

Notable growth in several different areas
The company experienced particular growth in its corporate businesses; the Enterprise Group, which includes servers, networking and storage appliances, grew its revenues by 2%, reversing a period of non-growth that had lasted about two years. Networking revenue grew by 3% while storage revenue increased by 1%, but an especially impressive sales growth was the 10% in x86-based servers. During a conference call on 26 November, Whitman cited several crucial victories in the hyper-scale data centre arena as having driven this increase in server sales.

Encouraging progress made and a promising future
Whitman also revealed her optimism about her company’s overall current direction, but was quick to point out hurdles that HP had yet to overcome. She declared: “Overall, I’m very pleased with the progress we have made, but we still have a lot of work to do to drive consistent execution and navigate a rapidly shifting marketplace,” adding that the company “will continue to execute against the improvement areas we outlined at our Securities Analyst Meeting last month, including increasing our commitment to research and development.” Whitman also mentioned the need for Hewlett-Packard to endeavour further to fix its go-to-market strategy, such as in pricing, in its enterprise group. This suggests that the company’s data centre products offering could help it to continue growing from strength to strength.

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