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HP Newsroom > News releasesNews release |
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HP Expands Global Research and Development Presence with New Lab Facility in Singapore SINGAPORE, Feb. 24, 2010
HP today opened the doors to its advanced research facility in Singapore, the latest addition to the company’s global collaborative research centers, developed to address the most complex challenges facing its customers and society in the next decade. HP Labs Singapore will serve as a hub for open innovation in the Asia Pacific region and represents another investment the company is making to drive its Everything as a Service vision. “Our new lab in Singapore is a key component of the transformation strategy put in motion less than three years ago to accelerate our pace of technology transfer and bring a variety of advancements to market,” said Prith Banerjee, senior vice president, Research, and director, HP Labs. “HP Labs Singapore aligns very closely with HP’s strategic growth areas and significantly expands the resources we bring to bear on our customers’ biggest opportunities and challenges.” HP Labs Singapore will embark on a range of ambitious projects that fundamentally re-examine data center and application design principles to explore how future cloud computing needs will be met. The lab will support a number of key cloud initiatives already underway at other HP Labs sites, including collaborating closely with the Service Automation and Integration Lab (SAIL) based in Palo Alto, Calif., and the Automated Infrastructure Lab (AIL) based in Bristol, England. Together, these three labs will work on Cirious, HP’s vision for creating an enterprise cloud software platform. Through a combination of applied and exploratory research, the lab will work closely with customers, partners, HP business divisions and academia to generate advancements that will drive research for Cirious. As the IT industry moves toward a service-based infrastructure model, HP expects its customers to capitalize on this shift using the developments from HP Labs Singapore. The Singapore Government has been a key partner in the development of this new research facility. HP’s expanded investment in the city-state, which already serves as the company’s regional headquarters, is the result of a rapidly growing regional customer base and Singapore’s business-friendly attributes, including easy access to global talent, a collaborative culture and an unparalleled network infrastructure. “We are very pleased that HP is expanding its full value chain of activities in Singapore to include upstream research with the setting up of HP Labs,” said Lim Hng Kiang, Singapore’s Minister for Trade and Industry. “HP Labs Singapore is a strong endorsement of Singapore’s ability to host innovation and knowledge-intensive activities. HP’s expansion also attests to the growing role of Singapore as a Global Asia Hub where multinational corporations, global midsized companies and Asian firms innovate, manage and integrate their Asian and global business.” The new lab is the latest of many recent investments HP has made in Singapore. HP’s Enterprise Business unit and HP Labs have already launched a number of important data center related initiatives in Singapore to help businesses address current and future cloud computing needs. For example:
HP Labs Singapore is the company’s third research facility in the Asia Pacific region and its seventh worldwide. The facility is located in Fusionopolis, an industrial complex that houses public and private research institutes that share state-of-the-art IT and communications facilities and test beds. Additional information about HP Labs Singapore is available at www.hpl.hp.com/research/hpl_singapore_cloud_software. Watch HP’s Chris Whitney discuss the new lab’s research agenda at www.youtube.com/watch?v=5i7xsjvVSIY. Follow HP Labs on Twitter at www.twitter.com/HPLabs. Follow HP News on Twitter at www.twitter.com/HPNews. About HP HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP (NYSE: HPQ) is available at http://www.hp.com/. 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; any statements regarding 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 macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s 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, 2009. HP assumes no obligation and does not intend to update these forward-looking statements. © 2010 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
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