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HP Newsroom > News releasesNews release |
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HP's Vendor Rating Upgraded by Leading Technology Analyst Firm PALO ALTO, Calif., Aug. 5, 2005HP today announced that it has been upgraded to a "positive" (1) overall vendor rating by technology analyst firm, Gartner, Inc., in its 2005 Vendor Rating report.(2) Published annually, Gartner's Vendor Rating reports evaluate information technology vendors based on specific criteria related to corporate viability, market offerings, and customer service and support. Vendor Rating research is a qualitative evaluation of a vendor as a whole, not just on its position within a single market. Gartner upgraded HP to "positive," from an overall "promising" (3) rating in 2004. Key findings:
About HP HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended April 30, 2005, HP revenue totaled $83.3 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com. (1) According to Gartner, a vendor who receives a "positive" rating demonstrates strength in specific areas, but is largely opportunistic. Existing customers should continue incremental investments, while potential customers should put this vendor on a shortlist of tactical alternatives. (2) Gartner Research "Vendor Rating: Hewlett-Packard" by Carl Claunch et al. July 26, 2005. (3) According to Gartner, vendors who receive a "promising" rating show potential in specific areas; however, initiative or vendor has not fully evolved or matured. Existing customers should watch for a change in status and consider scenarios for short- and long-term impact while potential customers should plan for and be aware of issues and opportunities related to the evolution and maturity of this initiative or vendor. (4) According to Gartner, a vendor who receive a "strong positive" rating is a solid provider of strategic products, services or solutions. Existing customers should continue investments while potential customers should consider this vendor a strong strategic choice. Linux is a U.S. registered trademark of Linus Torvalds. Vendor Rating Disclaimer |
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