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Company/Organization History
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HP's annual R&D investment of nearly $4 billion (USD) fuels the invention of products, solutions and new technologies. We produce an average of 11 patents a day worldwide. HP Labs provides a central research function for the company which is focused on inventing new technologies to improve our customers' lives, change markets and create business opportunities.
Millions of people around the world use HP technology every day. HP is:
the largest consumer IT company
the world's largest SMB IT company
a leading enterprise IT company
Our strategy is to offer products, services and solutions that are high tech, low cost and deliver the best customer experience. Our team of employees does business in more than 170 countries. Revenues reached $79.9 billion for the fiscal year that ended October 31, 2004.
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