HP, probably best known for its personal computers and printers, has been investing heavily in services-led growth and artificial intelligence-enabled work solutions in a bid to raise profitability and its share of recurring revenue.
“If we look at the relationship between cloud and the edge, HP is very much positioning ourselves to be not only at the compute level but also the orchestration around the edge and reducing that friction,” said Michael Boyle, senior vice-president and managing director for HP Greater Asia.
HP split into HP Inc and HP Enterprise (HPE) in 2015. The split, at that time, allowed both businesses to focus on their respective customers, with HP Inc taking care of the consumer-facing hardware and HPE focusing on the enterprise business.
Since the split, HP Inc has also been trying to grow its share of services revenue. For example, it modernised its managed print services and also started to offer Devices as a Service plans in 2016.
HP Inc has since ramped up its strategic emphasis on its solutions and services business as the company sharpens investments around higher-growth areas tied to AI and the future of work.
Boyle said: “We see HP supporting, being in the background, to allow people to produce more of what the output they’re looking for.”
Boyle, who has been with HP for more than a decade, moved to Singapore earlier this year to help HP grow its services business in this region and find new AI solutions.