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HP Newsroom > News releasesNews release |
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HP and Nokia Announce Remote Machine Connectivity Solutions Customers Can Now Manage Utility Meters, Vending Machines, Forestry Equipment and Other Assets -- Wirelessly GENEVA and HELSINKI, Finland, Oct. 22, 2002HP (NYSE:HPQ) and Nokia (NYSE:NOK) today announced the availability of integrated machine-to-machine (M2M) connectivity solutions that link Nokia wireless technology with HP hardware and software to access and manage remote assets. Companies can now deploy solutions enabling them to automate business processes and easily make decisions based on real-time data associated with remote assets to enhance efficiency, lower costs, improve service levels and create new customer service offerings. Companies that rely on remote machinery and facilities and extended manufacturing chains for services are expected to be among the first adopters of M2M connectivity solutions. Automatic meter reading, security, elevator control, fleet management and traffic control systems are among the applications of M2M connectivity. "M2M connectivity continues to evolve as a competitive advantage for enterprises whose businesses rely on the performance of remote equipment or machinery," said Jerry Meerkatz, vice president, HP Mobility Solutions. "Now, customers have the advantage of technology and expertise from both Nokia and HP within an M2M solution that can be integrated into their existing IT infrastructures. M2M connectivity is another example of how mobile solutions are transforming the way businesses operate and serve their customers." "Corporate customers have an increasing need to integrate their remote assets as part of their IT infrastructures, and only the best combination of communications, infrastructure technologies and services can meet this challenge," said Janne Jormalainen, vice president, Mobile Enhancements Business Unit, Nokia Mobile Phones. "Nokia and HP product offerings complement each other and create an excellent fit for corporate needs." Lars Vestergaard, research manager from IDC, one of the leading industry observers, praised the opportunities in this market. "HP and Nokia look like a very interesting combination in the M2M space as they each bring knowledge and understanding to the market," he said. "Customers should be pleased to see this kind of collaboration and the results it can produce." A typical M2M solution will include the Nokia M2M Platform, HP OpenView product suite components on an HP-UX or HP ProLiant server backbone. The Nokia M2M Platform provides an environment for facilitating data communications between devices and Internet-hosted applications and consists of two elements:
The integrated, customised M2M solutions are available now in Europe and are expected to become available in other regions over the coming months. M2M specialists from Nokia and HP will support local sales and consulting initiatives. About Nokia Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed broadband and IP networks. By adding mobility to the Internet, Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges. About HP HP is a leading global provider of products, technologies, solutions and services to consumers and businesses. The company's offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. HP completed its merger transaction involving Compaq Computer Corp. on May 3, 2002. More information about HP is available at http://www.hp.com. This news release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they never materialize or prove incorrect, could cause the results of HP and its consolidated subsidiaries to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenues, or other financial items; any statements of the plans, strategies, and objectives of management for future operations; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; statements of belief and any statement of assumptions underlying any of the foregoing. The risks, uncertainties and assumptions referred to above include employee management issues; the timely development, production and acceptance of products and services and their feature sets; the challenge of managing asset levels, including inventory; the flow of products into third-party distribution channels; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks that are described from time to time in HP's Securities and Exchange Commission reports, including but not limited to HP's quarterly report on Form 10-Q for the quarter ended April 30, 2002 and reports filed subsequent to HP's annual report on Form 10-K, as amended on January 30, 2002, for the fiscal year ended October 31, 2001. HP assumes no obligation and does not intend to update these forward-looking statements. |
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