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New HP Software and Zero Percent Lease Financing Help CIOs Respond to Tough Economy
Leading healthcare provider saves $30 million using HP softwareVIENNA, Austria, Dec. 9, 2008
HP today announced enhanced Business Technology Optimization (BTO) software solutions to help chief information officers (CIOs) quickly adapt IT investments to drive down costs and strengthen competitive advantage.
HP also announced zero percent lease financing for qualifying customers of its BTO and Information Management (IM) software through HP Financial Services, the company’s leasing and financing arm.
At HP Software Universe in Vienna, Austria, HP introduced two significantly enhanced solutions – HP Quality Center 10.0 software and new integrations of HP’s BTO software with HP Universal Configuration Management Database (UCMDB) 8.0.
HP additionally announced software products delivered by its Software-as-a-Service (SaaS) option. This helps customers immediately gain the benefit of HP’s market-leading solutions, without the upfront capital expenditure associated with software projects.
CIOs can deliver improved business outcomes – including reducing cost, mitigating risk and generating revenue – despite tighter budgets, with three essential actions combined with HP Software solutions:
HP BTO solutions save health care services provider more than $30 million
An IDC Business Value Spotlight Study sponsored by HP found that a leading health care services provider saved more than $30 million over three years using HP BTO solutions.(1)
Since implementing HP software, the company has significantly reduced the number of business application performance issues and has achieved higher patient safety goals. The company is now able to increase its customer base and deliver healthcare solutions to more hospitals per year, thus increasing revenue. Furthermore, the company has decreased its prescription error rate by 80 percent and increased staff productivity by 25 percent.
Prioritize, optimize and standardize with HP Quality Center 10.0
HP Universal Configuration Management Database 8.0 integrated with HP BTO software
HP SaaS and services offerings maximize the value of software investments, faster
Other HP services
HP’s EDS Testing and Quality Assurance Services optimize the systems engineering processes, minimizing rework and improving productivity and quality to reduce the risk of system outages from software failures. These services combine proven processes, end-to-end test capabilities and the deep expertise of testing professionals in global centers of excellence to help customers achieve greater business value from their technology investments.
HP’s new lease financing option
The HP Financial Services zero percent promotion is available for licensing and support costs on HP BTO and IM software solutions for qualifying deals over $100,000 through Jan. 31, 2009. The promotion is available in Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden, the United Kingdom and the United States. More information about HP’s lease financing option is available at http://www.hp.com/software/financing.
An online press kit with more information about HP Software Universe is available at http://www.hp.com/hpinfo/newsroom/press_kits/2008/swuniversevienna.html.
HP, the world’s largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP (NYSE: HPQ) is available at http://www.hp.com.
(1) IDC Business Value Spotlight sponsored by HP, “Improving Product Quality and Increasing Delivery Speed with a System Framework Supported by HP Quality Center, HP Performance Center, and HP LoadRunner,” Doc # 08C5706, November 2008.
Financing is available through Hewlett-Packard Financial Services Company and its subsidiaries (HPFS) to qualified commercial customers in Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden, the U.K. and the U.S. for transactions over $100,000 through Jan. 31, 2009, and is subject to credit approval and execution of standard HPFS documentation. Leasing rates as low as 0% are available on eligible HP BTO and IM software. Not all customers may qualify for these rates. Zero percent lease rate assumes transaction is documented as a software license lease with a $1 end-of-term purchase option (or local currency equivalent), assuming lessee is not required to pay any nominal end-of-term purchase price at the end of the lease term and disregarding any charges payable by lessee other than rent payments (such as maintenance, taxes, fees and shipping charges). Other restrictions may apply. HPFS reserves the right to change or cancel the programs described in this news release at any time without notice.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2008 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.
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