HP 2012 Annual Report Download - page 170

HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)
Note 19: Segment Information (Continued)
CloudSystem enables infrastructure, platform and software-as-a-service in private, public or
hybrid environments. Industry Standard Servers offers ProLiant servers, running primarily
Windows, Linux and virtualization platforms from Microsoft Corporation, VMware, Inc. and
other major vendors and leveraging Intel Corporation and Advanced Micro Devices, Inc. x86
processors. The business spans a range of server product lines, including pedestal-tower,
traditional rack, density-optimized rack, HP’s BladeSystem family of server blades and solutions
for large distributed computing companies (Hyperscale class) who buy and deploy compute
nodes at a massive scale. Business Critical Systems offers HP Integrity servers based on the Intel
Itanium-based processor, HP Integrity NonStop solutions and scale-up x86 ProLiant Servers for
scalability of systems with more than four industry standard processors. HP’s storage offerings
include storage area networks, network attached storage, storage management software and
virtualization technologies, StoreOnce data deduplication solutions, tape drives and tape
libraries. HP’s networking portfolio includes switches and routers that span the data center,
campus and branch environments and deliver network management and unified communications.
HP’s wireless networking offerings include wireless LAN access points and controllers/switches.
•Software provides enterprise information management solutions for both structured and
unstructured data, IT management software and security intelligence/risk management solutions.
Solutions are delivered in the form of traditional software licenses, software-as-a-service, hybrid
or appliance deployment models. Augmented by support and professional services, HP software
solutions allow IT organizations to gain customer insight and optimize infrastructure, operations,
application life cycles, application quality, security, IT services and business processes. In
addition, these solutions help businesses proactively safeguard digital assets, comply with
corporate and regulatory policies, and control internal and external security risks.
•HP Financial Services supports and enhances HP’s global product and services solutions,
providing a broad range of value-added financial life cycle management services. HPFS enables
HP’s worldwide customers to acquire complete IT solutions, including hardware, software and
services. HPFS offers leasing, financing, utility programs, and asset recovery services, as well as
financial asset management services for large global and enterprise customers. HPFS also
provides an array of specialized financial services to SMBs and educational and governmental
entities. HPFS offers innovative, customized and flexible alternatives to balance unique customer
cash flow, technology obsolescence and capacity needs.
•Corporate Investments includes business intelligence solutions, HP Labs, the webOS business and
certain business incubation projects. Business intelligence solutions enable business to
standardize on consistent data management schemes, connect and share data across the
enterprise and apply analytics.
Segment Data
HP derives the results of the business segments directly from its internal management reporting
system. The accounting policies HP uses to derive business segment results are substantially the same
as those the consolidated company uses. Management measures the performance of each business
segment based on several metrics, including earnings from operations. Management uses these results,
in part, to evaluate the performance of, and to assign resources to, each of the business segments. HP
does not allocate to its business segments certain operating expenses, which it manages separately at
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