All the latest UK technology news, reviews and analysis

HP hardware sales slump but software side offers firm glimmer of hope

23 Aug 2012
An HP logo

However, there was one glimmer of hope for HP to cling to, and that was from its software unit, where revenues rose by an impressive 18 percent, a part of the business now boosted by the acquisition of Autonomy.

This revenue growth was due to rising sales in licences, up two percent, support growth of 16 percent and software service sales up 65 percent.

Clearly, Apotheker was on to something, as it was his decision to splash out some $10bn on Autonomy, and it appears businesses are lapping up HP's software offerings, with Autonomy's technology helping with this increase.

Of course, since taking the firm onboard HP has lost Autonomy founder Mike Lynch, who is currently without a role anywhere in technology, although possibly not for long.

But it's too soon to know exactly how integral the Autonomy buy has been to bolstering HP's software figures, as HP didn't break out the details in its results, but Forrester's Gillett said it was likely this trend would continue.

"Software is increasingly important for managing infrastructure and information and will continue to grow faster than hardware," he explained.

However, Illsley said that for many firms, Autonomy's software offerings are still considered a "luxury", rather than a must have set of tools, but agreed this may change over time.

"Autonomy's vision deserves merit, and will continue to attract attention as more companies recognise the disruptive business insights and benefits locked away in an emerging tidal wave of unstructured data sources (such as social media)," he told V3.

"Here 'softer' notions of sentiment, meaning and relationships hidden within information can provide even deeper analytic insights than traditional hard-wired business intelligence tools."

So, perhaps there's some hope for HP looking to the future when it comes to software services, but on the hardware side it'll have to pull some impressive kit out of the bag, perhaps taking advantage of Windows 8, to improve its financial health.

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Dan Worth

Dan Worth is the news editor for V3 having first joined the site as a reporter in November 2009. He specialises in a raft of areas including fixed and mobile telecoms, data protection, social media and government IT. Before joining V3 Dan covered communications technology, data handling and resilience in the emergency services sector on the BAPCO Journal

View Dan's Google+ profile

More on Mergers
What do you think?
blog comments powered by Disqus

Windows 7 end of mainstream support

What are your plans for when Microsoft ends mainstream support for Windows 7 in January 2015?

Popular Threads

Powered by Disqus
LG G3 in gold black and white

LG G3 vs Galaxy S5 video

We pit the two Korean firms' flagship smartphones against each other

Updating your subscription status Loading

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button

Getting started with virtualisation

Virtualisation can help you reduce costs, improve application availability, and simplify IT
management. However, getting started can be challenging


Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

Junior Graduate .Net Developer - ASP.Net / C# / HTML / CSS

Junior Graduate .Net Developer - ASP.Net / C# / HTML...

Junior Graduate .Net Developer - ASP.Net / C# / HTML / CSS

Junior Graduate .Net Developer - ASP.Net / C# / HTML...

Junior Graduate .Net Developer - ASP.Net / C# / HTML / CSS

Junior Graduate .Net Developer - ASP.Net / C# / HTML...

PHP Developer - PHP / Moodle / Totara / PostgreSQL / HTML / CSS

PHP Developer - PHP / Moodle / Totara / PostgreSQL...
To send to more than one email address, simply separate each address with a comma.