Hewlett-Packard

Revenue

$58.5 billion (2019)

Employees

55,000 (2018)

Founded

1939



Overview:
The Hewlett-Packard Company (commonly referred to as HP, and stylized as hp) or Hewlett-Packard was an American multinational information technology company headquartered in Palo Alto, California. It developed and provided a wide variety of hardware components as well as software and related services to consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors. Hewlett-Packard split the PC and printers business from its enterprise products and services business on November 1, 2015, resulting in two publicly traded companies: HP Inc. and Hewlett Packard Enterprise. In 2017, Hewlett Packard Enterprise spun-off its Enterprises Services division as DXC Technology and its Software division to Micro Focus.

Read more (Wikipedia.org) →



Industries:
Card image cap
Information Technology
Card image cap
Hardware



Similar firms (based on pattern co-occurrence):
Card image cap
2 shared patterns
Card image cap
2 shared patterns
Card image cap
2 shared patterns
Card image cap
2 shared patterns
Card image cap
2 shared patterns
Card image cap
2 shared patterns
Business Model Patterns:

Lock-in

How they do it: Hewlett-Packard’s printers have only limited compability with 3rd party ink cartridges, leading to a lock-in effect for customers once they purchased a Hewlett-Packard printer device.

Card image cap

Razor And Blade

How they do it: Hewlett-Packard sold both inkjet and laser printers individually as well as in multi-function products incl. scanner, copier and fax functionalities. Whereas the electronic products were sold at low prices, the company earned a lot of money with the special ink cartridges as a consumable.

Card image cap

Rent Instead Of Buy

How they do it: Hewlett-Packard allowed its business customers to rent equipment. This allows customers to balance seasonality in server and storage capacity, data center move or consolidations, or disaster recovery.

Card image cap

Learn from this company and apply the same patterns to create your own successful business model!