HP Named a Leader in IDC MarketScape Worldwide Print Transformation 2020 Vendor Assessment
August 25 2020 - 9:00AM
HP Inc. (NYSE: HPQ) has been named a leader in the IDC MarketScape:
Worldwide Print Transformation 2020 Vendor Assessment (doc
#US45354420, August 2020). The report recognizes HP’s strategy to
advance, disrupt and transform the print industry by capitalizing
on shifting markets trends, leveraging its print and compute
capabilities and maximizing on its history of innovation, led by
over 50 years of HP Labs.
According to the report, “HP is one of the few companies
uniquely positioned as a provider of both PCs/laptops/collaboration
systems and printing systems co-existing under one company. Within
print, HP Inc. targets a diverse set of customer segments from home
to production with a broad and comprehensive portfolio.
Additionally, HP is using new technologies such as 3D printing and
microfluidics to help customers transform while contributing to
COVID-19 relief. In this effort, HP is intentionally positioning
itself as an IT services provider and enabling customers to take
advantage of everything that HP Inc. has to offer.”
“The traditional office print services market needs to evolve,
especially around physical and digital boundaries,” said Tuan Tran,
HP President of Imaging, Printing and Solutions Business. “HP has a
vision and a multiyear strategy to simplify, automate and innovate
for the best client experiences and outcomes. Additionally, the
value we can add because of our pan-HP capabilities allows us to
help organizations and consumers of all sizes better create,
connect, and perform.”
The report further states, “HP Inc. offers several strengths to
drive transformation from inside the print marketplace. It starts
with a broad portfolio of solutions for the home, office, and
production markets. It invests considerable R&D funds to ensure
ongoing innovation in technology and delivery models in accordance
with the broader IT community. The company continues to expand its
market reach with new services, workflow solutions, print
management, cloud, security, and mobility as the market transitions
to a digital transformation platform. Continued expansion with
systems integrators will provide additional digital transformation
opportunities. Finally, its commitment to Sustainable Impact
continues to garner recognition on a global level.”
Transformative Outcomes The blurring of home
and professional life as a result of the pandemic has allowed HP to
focus on delivering technologies, solutions and services that
enhance value for the modern professional. The report breaks down
key areas of HP’s print transformation as such:
- Seamless: To make the print experience easy and intuitive, HP
has created the HP Smart App to integrate with customers in the
increasingly mobile world; HP Roam allows consumers to print from
virtually anywhere on a Roam-enabled device; HP Workpath is a
collection of 100+ apps that allows for enhanced printing
experiences.
- Proactive: HP proactively sends out original supplies to
customers enrolled in the Instant Ink program, through the help of
device use monitoring and real time feedback. HP Smart Device
Services enable greater transparency and improved management.
- Personalized: Customers are at the center of HP’s strategy,
fitting into the customer’s life is a lens HP takes to create
better solutions and experiences around print.
- Secure: A linchpin for transformation, security is a priority
for all industries, allowing those who work from home and beyond to
have the protection and risk mitigation they need.
HP’s commitment to customer outcomes, its comprehensive
portfolio and consistent global service delivery provides customers
with a robust way forward in these turbulent times.
Learn More:
- HP Enhances Print Experiences with Cloud-Based Services and
Solutions
- HP Introduces Remote Work Solutions for Rapidly Changing Work
Environments
- The HP D300e BioPrinter “prints” pharmaceutical samples instead
of ink
About IDC MarketScapeIDC MarketScape vendor
assessment model is designed to provide an overview of the
competitive fitness of ICT (information and communications
technology) suppliers in a given market. The research methodology
utilizes a rigorous scoring methodology based on both qualitative
and quantitative criteria that results in a single graphical
illustration of each vendor’s position within a given market. IDC
MarketScape provides a clear framework in which the product and
service offerings, capabilities and strategies, and current and
future market success factors of IT and telecommunications vendors
can be meaningfully compared. The framework also provides
technology buyers with a 360-degree assessment of the strengths and
weaknesses of current and prospective vendors.
About HP Inc.HP Inc. (NYSE: HPQ) creates
technology that makes life better for everyone, everywhere. Through
our product and service portfolio of personal systems, printers and
3D printing solutions, we engineer experiences that amaze. More
information about HP Inc. is available at www.hp.com.
©Copyright 2020 HP Development Company, L.P. The information
contained herein is subject to change without notice. The only
warranties for HP products and services are set forth in the
express warranty statements accompanying such products and
services. Nothing herein should be construed as constituting an
additional warranty. HP shall not be liable for technical or
editorial errors or omissions contained herein.
MEDIA CONTACTS:
Susan Vander May, HP
Susan.Vander.May@hp.com
http://press.ext.hp.com
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