HP Inc.'s Future Ready Strategy: European Synchronization

HP Inc.'s Future Ready Strategy: European Synchronization

This IDC Market Perspective reviews HP Inc.'s "Future Ready" strategy, including its activities to date, financial performance for FY23 and 1Q24, and go-to-market strategy via its Amplify partners, with a highlight on acquired European partner Apogee. It also assesses key announcements made at HP's global Amplify Partner Conference in March 2024."HP Inc. has put in place a strategy to drive continued growth in core businesses, to be executed by its Amplify partners," said Jacqui Hendriks, associate research director, European Print Vendor Transformation Strategies. "AI plays a critical role operationally in allocating partner competencies to growth areas, providing customer insights and developing tools to support and reward partners for their contribution to HP's accelerated revenue growth."

Please Note: Extended description available upon request.

Executive Snapshot
New Market Developments and Dynamics
Building on Core Business
Financial Results: Significant Overall Decline But Buoyant Key Growth Areas
Performance by Core Business
Regional Performance: EMEA has Struggled to Recover
HP Inc.'s Five Key Areas Set to Drive Personal Systems and Printing Business Growth
Hybrid Systems
Workforce Solutions: Workforce Central and Workforce Experience Platform
Consumer Subscriptions
Industrial Graphics/3D and Personalization
Innovation in Core Personal Systems and Printing Businesses
Transformational Savings Re-Invested for Continued Business Growth
Aligning HP's Amplify Channel Partner Program to Growth Plans
Amplify for All
AI-Enabled Partner Support
Program and Services Simplification
Amplify for All Program Enhancements
Apogee: Building Enhanced Services Competence in Europe
Advice for HP Inc.
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