HP Helps Communications Service Providers Drive New Revenue Opportunities with HP Internet of Things Platform
PALO ALTO, Calif., February 25, 2015 —HP today announced the HP Internet of Things (IoT) Platform, a new service that allows CSPs to simultaneously manage heterogeneous sets of IoT sensors, operate vertical applications on Machine-to-Machine (M2M) devices, as well as process, analyze and monetize collected data in a single secure cloud platform. HP today also announced the new HP Energy Management Pack, the first vertical application developed for the HP IoT Platform.
HP IoT Platform
As CSPs look beyond the traditional telecommunication services to grow revenue, combat competitive pressures and enhance customer loyalty, digital services associated with IoT provide an opportunity to create new industry markets by turning technology into a competitive advantage. The HP IoT Platform provides support for any type of smart ecosystem and can be deployed in the customer’s choice of cloud environment.
HP equips CSPs with end-to-end mobile device remote management including device discovery, configuration and control of IoT traffic. This reduces infrastructure costs while isolating IoT traffic from traditional voice and data traffic. The HP IoT Platform ensures control points on data, allowing customers to remotely manage millions of IoT devices for smart applications on the same multi-tenant platform in the cloud. Additionally, it is device vendor independent and connectivity agnostic. The solution operates at a low total cost of ownership with high scalability and flexibility due to built-in network interworking proxy and oneM2M/OMA-DM standards compliance. HP has built security directly into the foundation of the platform, enabling end-to-end protection throughout the data lifecycle.
New HP Energy Management Pack
In order to leverage the HP IoT Platform for CSPs, HP is creating targeted applications designed to quickly and easily accelerate growth in key industry sectors. The new HP Energy Management Pack empowers telecommunications providers and their utility customers to securely provide home automation and energy control to consumers, industries and municipalities. The HP Energy Management Pack can be used to federate and streamline a variety of Smart Environments with multiple gateways and protocols, energy related sensors and applications both inside and outside a home or building. For example:
- Metering: Use home equipped Smart Meters to manage pre-paid energy, dynamic updates of tariffs from the grid and real-time consumption measurement.
- Energy Management: Monitor and optimize energy consumption of connected home appliances based on use, temperature and light conditions and tariffs.
- Public Lighting: Remotely manage public lights based on profiles, emergency requests and weather conditions.
- Smart City Services: Address city services using electronic parking systems to relay Smart Connectivity to sensors centrally controlling parking capacity and electronically monitoring meters.
This application enables CSPs and their utility customers to drive new revenue streams from analyzing the data and intelligence that comes from interconnected things to create new offerings and improve the user experience for both businesses and consumers.
HP IoT Platform and HP Energy Management Pack are available worldwide now.
This press 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 HP for future operations, including the separation transaction; the future performance of Hewlett-Packard Enterprise and HP Inc. if the separation is completed; any statements concerning expected development, performance, market share or competitive performance 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 the need to address the many challenges facing HP’s businesses; the competitive pressures faced by HP’s businesses; risks associated with executing HP’s strategy, including the planned separation transaction, and plans for future operations and investments; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP’s products and services effectively; the protection of HP’s intellectual property assets, including intellectual property licensed from third parties; risks associated with HP’s international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the execution, timing and results of the separation transaction or restructuring plans, including estimates and assumptions related to the cost (including any possible disruption of HP’s business) and the anticipated benefits of implementing the separation transaction and restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2015, and HP’s other filings with the Securities and Exchange Commission. HP assumes no obligation and does not intend to update these forward-looking statements.
About HP Inc.
HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions, and services, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.
© 2016 HP Inc. The information contained herein is subject to change without notice. The only warranties for HP Inc. 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 Inc. shall not be liable for technical or editorial errors or omissions contained herein.