HP Introduces Breakthrough Innovation for Partners at Amplify Partner Conference

Rhea-AI Summary

HP Inc. concluded the Amplify Partner Conference, unveiling new partner benefits, AI-enabled solutions, and products like AI PCs, Color LaserJet Pro 3000 series, and digital services. The company aims to drive sustained growth through its Future Ready strategy, empowering channel partners and enhancing productivity in the AI and hybrid era.

Insights

Market Research Analyst

The introduction of HP's new partner benefits and the unveiling of the largest portfolio of AI PCs suggest a strategic emphasis on innovation and market expansion. As a Market Research Analyst, it's pertinent to examine the potential market reception of such AI enhancements. The integration of AI into PCs and workstations indicates a response to the increasing demand for smarter, more efficient technology in the workplace. This move could potentially increase HP's market share in the business tech sector, especially if the AI features translate into tangible productivity gains for users.

Furthermore, the new AI MasterClass training and certification program is a noteworthy development. It not only adds value to the partner network but also fosters a skilled ecosystem around HP's products, which could lead to increased sales and a stronger brand reputation. However, the true impact on the stock market will depend on the adoption rate of these offerings and the subsequent financial performance.

Financial Analyst

HP's announcements at the Amplify Partner Conference indicate a potential for revenue growth which is of prime interest to a Financial Analyst. The expansion of services like HP WEX and the introduction of the Color LaserJet Pro 3000 series are designed to cater to both enterprise and SMB markets, potentially broadening the customer base and driving up sales figures. The emphasis on AI and hybrid work solutions reflects an alignment with current technological trends, which could enhance HP's competitive edge.

Investors should monitor the financial outcomes of these strategic moves in subsequent quarters, focusing on revenue growth, profit margins and R&D expenses. The long-term profitability hinges on the effective execution of the Future Ready strategy and the market's response to HP's new AI-driven products and services. While the initial investment in development and training could impact short-term financials, the emphasis on innovation could yield substantial returns if market adoption follows.

Sustainability Analyst

HP's focus on a circular economy and the introduction of services aimed at extending the life of devices is a significant step towards sustainability, a factor increasingly important to investors and consumers alike. As a Sustainability Analyst, the commitment to energy-efficient solutions like the TerraJet toner technology and the potential reduction in electronic waste through extended device lifecycles could improve HP's sustainability ratings. These measures can lead to cost savings and appeal to environmentally conscious consumers, potentially affecting brand loyalty and market share.

However, the success of these initiatives in contributing to HP's bottom line will depend on customer acceptance and the effectiveness of HP's circular economy programs. It will be essential to evaluate the environmental impact of these new products and services alongside their commercial success to provide a holistic view of their contribution to HP's business objectives.

Bold new offerings and enhanced partner program unlock new growth opportunities for HP’s global partner network

News Highlights

• HP introduces new partner benefits including new AI MasterClass training & certification program
• Unveils industry’s largest potfolio of AI PCs: HP Elite and Z by HP PCs, plus new Poly Studio E360
• Harnesses enterprise quality color printing to power SMBs with the Color LaserJet Pro 3000 series
• Announces managed & digital services like HP WEX™, HP’s first AI-enabled digital experience platform

LAS VEGAS, March 07, 2024 (GLOBE NEWSWIRE) -- HP Inc. (NYSE: HPQ) today concluded the Amplify™ Partner Conference, shining a spotlight on the power of HP’s vast global partner network, leadership in product and service innovation, and trust among the industry. Following yesterday’s announcement to accelerate growth through the Amplify Partner Program, today the company detailed how its broad artificial intelligence (AI) portfolio with more than 100 AI-enabled solutions is redefining productivity and collaboration in the AI and hybrid era.

“Amidst the most exhilarating market dynamics our industry has witnessed in decades, HP and our partners are paving the path for sustained growth, and we’re excited by the countless opportunities that lie ahead to drive our collective business forward,” said David McQuarrie, HP’s Chief Commercial Officer. “HP’s Future Ready portfolio and Future Ready operations are enabling partners to capitalize on global trends, compete in the market, and win – across geographies, customer verticals, and business scale.”

With this week’s announcements, HP is putting channel partners in a formidable position: a partner program that prepares for emerging opportunities like AI and supports long-term sustained growth; and a powerful new portfolio that redefines productivity and collaboration for today’s modern workforce.

In 2024 and beyond, HP will continue to advance its Future Ready strategy – ensuring that channel partners have maximal opportunity to drive greater efficiency, insight, and profitability.

News from Amplify Partner Conference 2024

HP’s Work Relationship Index Reveals AI’s Potential to Unlock Better Relationships with Work

76 percent of workers believe AI can enhance job satisfaction

HP Inc. announced new findings from its Work Relationship Index, a comprehensive study that explores employees’ relationships with work around the world. The study, which surveyed more than 15,600 respondents across 12 countries, reveals that while the world’s relationship with work is strained and employee expectations are rising, AI is seen as a key to unlocking better relationships with work. See more here.

HP Unveils Program Enhancements for Partners including New AI MasterClass Training & Certification

Channel partners gain access to industry's first role-based AI training and certification program, plus growth opportunity in AI Data Science

HP Inc. announced new groundbreaking benefits aimed at accelerating partner growth through the Amplify Partner Program. New benefits include the industry’s first role-based AI partner training and certification program, together with a new Growth Play opportunity, tailored for AI Data Science. Powered by HP’s broad portfolio of >100 AI-enabled solutions and the company’s Future Ready strategy, HP is unlocking new opportunities alongside partners to support long-term sustained growth. See more here.

HP Unveils Industry’s Largest Portfolio of AI PCs

Breakthrough innovations harness the power of AI to redefine productivity and collaboration for today’s hybrid workforce

HP Inc. announced the industry’s largest portfolio of AI PCs¹ leveraging the power of AI to enhance productivity, creativity, and user experiences in hybrid work settings, including:

• New HP Elite PCs, the world’s most advanced business laptops for collaboration,¹ and Z by HP mobile workstations to unlock new levels of productivity and creativity
• The AI Creation Center, the world’s most comprehensive workstation solution for AI development², including Z by HP AI Studio co-engineered with NVIDIA NGC libraries enable data scientists to capitalize on AI creation
• Expansion of the industry’s broadest portfolio of certified conferencing room solutions and headsets³ with new Poly Studio solutions for more meaningful collaboration
• The world’s first business PCs designed to protect firmware against quantum computer hacks⁴ powered by HP’s upgraded Endpoint Security Controller (ESC) chip to future-proof sensitive data

See more here.

HP Harnesses Enterprise Color Quality Printing to Power Small Businesses

New HP Color LaserJet Pro 3000 series delivers professional speed, vivid color, and energy efficiency in a compact design

HP Inc. announced the new HP Color LaserJet 3000 series, the latest addition to its world-class office print portfolio. Designed for customers that require high performance in a small footprint, the new Color LaserJet 3000 series is the latest device powered by energy efficient TerraJet toner technology, enabling sharper colors and fast print speeds for growing businesses. See more here.

HP Introduces New Services and Software that Turbocharge Productivity and Accelerate a Circular Future

HP Workforce Solutions empower partners to enhance employee experiences while creating new growth opportunities

HP Inc. announced new and enhanced services and solutions that drive value and enable partners to build and grow their services and software businesses. These new solutions include HP WEX, HP’s first AI-enabled digital experience platform; a new managed service offering for PCs; a new print subscription service, a simplified good/better/best approach to HP support packages, as well as services and programs to extend the life of devices and accelerate a circular economy. See more here.

About HP
HP Inc. is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit http://www.hp.com.

Media Contacts HP Media Relations MediaRelations@hp.com hp.com/go/newsroom

¹ Based on HP's internal analysis of business convertible with preinstalled encryption, authentication, malware protection and BIOS-level protection and passing MIL-STD testing. Most advanced based on 88 degree FOV 5MP camera, discrete 940nm IR, 16:10, discrete amps, minimum 4 speakers and SNR microphones utilizing audio tuning and AI based software features as of February 2024.
² Based on HP’s internal analysis of OEMs for workstations with a minimum 3 ISV certs, configurable professional graphics, and a dedicated workstation brand that designs and develops its own software for AI development, an AI team collaboration tool, data science management software with GUI and offers a workstation OEM curated data science software stack as of Feb 2024
³ Based on HP internal analysis of conferencing room solutions and headsets for collaboration published as certified for use with Microsoft Teams or Zoom as of Feb 28, 2024.
⁴ Based on HP’s internal analysis of business PCs with preinstalled encryption, authentication, malware protection, BIOS-level protection and passing MIL-STD testing, finding that no other in-class PC implements a quantum-resistant cryptographic scheme to protect the integrity of UEFI BIOS firmware as of February 2024.

FAQ

What benefits were introduced for partners at the Amplify Partner Conference 2024?

HP introduced new benefits such as the AI MasterClass training & certification program, AI PCs, Color LaserJet Pro 3000 series, and digital services like HP WEX.

What is the ticker symbol for HP Inc.?

The ticker symbol for HP Inc. is HPQ.

What new AI-enabled solutions were unveiled by HP Inc.?

HP introduced over 100 AI-enabled solutions, including AI MasterClass training, AI PCs, and digital services like HP WEX.

What industry's largest portfolio of AI PCs was announced by HP Inc.?

HP Inc. unveiled the industry's largest portfolio of AI PCs, including HP Elite PCs, Z by HP mobile workstations, and Poly Studio solutions.

What new series was introduced by HP Inc. for small businesses?

HP Inc. introduced the new HP Color LaserJet Pro 3000 series, delivering professional speed, vivid color, and energy efficiency for small businesses.

What new services and software were introduced by HP Inc. to enhance productivity?

HP Inc. introduced new services like HP WEX, a managed service offering for PCs, a print subscription service, and programs to accelerate a circular economy.