Hewlett-Packard Co. today announced that EDS will become HP Enterprise Services. The name change marks the nex...
September 23, 2009
Hewlett-Packard Co. today announced that EDS will become HP Enterprise Services. The name change marks the next major step in a year-long integration of EDS into HP and emphasizes the growing global role of enterprise technology services in the firm’s portfolio, the company said.
During the third quarter of fiscal year 2009, the HP Enterprise Business accounted for 47% of the company’s revenue and 60% of its non-GAAP operating profit. All HP Enterprise Business units will continue to report to Ann Livermore, executive vice president of HP.
“Customers are facing tough challenges in their technology environments,” said Livermore. “Challenges such as a rigid infrastructure, increasing applications and information complexity are restricting the speed in which IT can add value to the business.”