HP shifts strategy from hardware-centric to solutions and experiences
HPQ HP Inc
$30.46 -0.56%
View chart & analysis → - 1HP is undergoing a strategic shift from a hardware-centric focus to solutions and experiences.
- 2HP's Fortune 500 ranking fell from 11th in 2006 to 84th this year.
- 3HP has postponed IT investments and team restructuring.
So what's the key point?
HP is changing its business to focus more on services and experiences rather than selling machines. During this process, its corporate ranking dropped to 84th, and investments and organizational restructuring have been delayed.
Source Fortune · View original ↗
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