2. What is INNOVATION?
Innovation is the application of better solutions that meet
new requirements or existing market needs.
Source: Wikipedia
This is accomplished through more
• effective products
• processes, services
• technologies, or ideas
that are readily available to markets, governments and society.
Since our inception, HP has been at the forefront of innovation. In fact, innovation and invention are at the very core of HP’s existence – it’s in our DNA. This unique qualification has always been a strength of the company, and today, we’re investing more in R&D than ever before.
As mentioned earlier, HP has more than 36,000 patents, and since 1939, HP has been bringing the world the most innovative technology available – from audio oscillators to scientific calculators to breakthroughs in printing and personal computing.
For 75 years, HP has led the charge in innovation, and as the glue the binds this company together, HP will continue to blaze a trail of unmatched innovation in the industry.
Over the past two years alone, we have reaffirmed our commitment to innovation.
Last year, we topped the list of Silicon Valley companies in patents obtained (1,394 – more than Google, Apple and Oracle). We also introduced our revolutionary Moonshot server system and made a host of innovative, new product announcements, including:
Our first new line of multi-function printers in seven years.
A new line of Windows 8 PCs, including the Spectre XT TouchSmart and ENVY x2.
The HP ElitePad, the world’s first tablet optimized for the enterprise.
A comprehensive cloud strategy, and a number of new cloud products and services.
Updated our enterprise security portfolio with scalable solutions that give customers the 360-degree view they need to protect the 21st century enterprise.
Transition: Now let’s take a look at how HP Labs drives these industry leading innovations.