HP Enterprise Services: A mountain to climb

HP is the leading provider of Software and IT Services (SITS) in the UK market. In 2012 it generated UK SITS revenues of £3.2b, representing a 5% decline on the previous year. Excluding software and BPO, we estimate the services business saw an even deeper decline, of 7%. In addition, there have been challenges on the profit front, the distraction of the Autonomy saga and longstanding rumours around whether HP would sell off the services business.

HP has a lot to do in order to return the services business to growth and create more consistently-growing profits. In TechMarketView’s latest CompanyViews note, Kate Hanaghan and Georgina O’Toole look at the mountain it needs to climb to get there. Subscribers can download HP Enterprise Services: a mountain to climb now. If you want to gain access but can’t, please contact Deb Seth.

Posted by Georgina O'Toole at '08:27' - Tagged: strategy