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HP Delivers Simplicity, Profitability and Consistency for Partners

New Products, Services, Programs and Business Models Accelerate Growth

LAS VEGAS, NV -- (Marketwire) -- 02/19/13 -- Today at the HP Global Partner Conference 2013, HP (NYSE: HPQ) announced new programs and business models that will enable partners to achieve success through simplified partner programs, more predictable performance rewards, and innovative tools to deliver consistency in partner engagement.

In fiscal year 2013, HP will invest approximately $1.5 billion worldwide in channel programs(1) and IT initiatives designed to reward performance, drive demand and simplify partner engagement. HP will continue to improve the HP PartnerOne program and deliver innovations in enterprise technology to partners, including a new cloud test environment.

"Our goal is to deliver a consistent experience that will make it easier for partners to buy, sell and grow profitably with HP," said Meg Whitman, president and chief executive officer, HP. "HP has built one of the industry's broadest partner ecosystems and we will continue to make significant investments to deliver the greatest business value for HP and our partners."

HP simplifies HP PartnerOne program
The HP PartnerOne program offers proven sales and marketing tools to help partners generate new leads, increase demand for products and services, mine existing business and make the sale. HP is delivering simplicity, profitability and consistency by:

  • Implementing a simplified, consistent compensation model that removes rebate revenue gates and caps to improve partner revenue predictability. This provides clearer visibility to the amount of rebates so partners start getting rewarded from the first sale, opening the door to virtually unlimited earning potential.
  • Increasing rebates for higher specialist designations, delivering more opportunities to increase profitability.
  • Extending the amount of time partners have to use their marketing development funds (MDF) from three months to six months, providing more flexibility around both marketing activities and cash flow.
  • Rationalizing and simplifying sales and technical certifications in the HP ExpertOne training platform, while maintaining the integrity of individual certifications and making it easier for partners to gain the sales and technical skills to competently service and support HP customers.

In addition, as part of its channel investments in fiscal year 2013, HP is making a significant IT investment to roll out its new Unison platform, a globally consistent IT platform that will enhance the speed, security, targeting and breadth of communications and joint business planning with channel partners.

HP Autonomy and HP Vertica transition into HP PartnerOne
HP has built a comprehensive Information Optimization portfolio to help clients gain a solid return on information by capturing and analyzing 100 percent of their information in real time. To simplify the HP Information Optimization go-to-market strategy within the channel, the company is:

  • Launching a comprehensive new HP Autonomy partner program, designed after HP PartnerOne, to make it easier to sell, market and deliver HP Autonomy products and services.
  • Making the HP Vertica Analytics Platform available through the HP PartnerOne program, enabling HP partners to capitalize on market opportunities associated with high-performance, real-time Big Data analytics.

The full HP Autonomy partner program will transition to HP PartnerOne, HP's global partner program, in a phased approach throughout 2013.

HP provides partners opportunities to innovate and expand revenue in the cloud
Cloud computing enables partners to enter new markets, expand their customer base and capitalize on high revenue potential. To help partners expand profitability and deliver Converged Cloud solutions that drive agility and speed innovation, HP is extending partner programs to increase cloud opportunities for resellers, service providers and independent software vendors (ISVs).

The new HP CloudSystem Ready Program lets members of the HP AllianceOne Partner Program rapidly bring applications developed for the client server or internet environment to the cloud. This program enables ISVs to easily test applications using HP CloudSystem, including access to a test and development environment, training, a self-certification process, promotion resources and ongoing HP technical support.

HP Financial Services, the company's leasing and life cycle asset management services subsidiary, has extended HP CloudSystem financing to channel partners and their customers moving to the cloud. This program allows customers to build and scale cloud environments without large up-front cash outlays typically tied to purchasing the technology.

HP broadens program offerings for Printing and Personal Systems
To increase partner revenue potential within the HP Printing and Personal Systems (PPS) group, HP is announcing a PPS Services Specialization to help partners extend their go-to-market portfolio by offering innovative HP services that span the entire product life cycle. Partners with this specialization will have the tools to excel selling HP services. They also can apply to deliver these services and get even more involved within the customer life cycle. The specialization seamlessly integrates the company's PC and printer services into the current HP PartnerOne framework.

HP also introduced the HP Verified Online Supplies Reseller Program, a new program that provides authorized HP partners with an online "insignia," verifying to consumers that they sell original HP supplies. The HP Verified Online Supplies Reseller program provides partners a way to publicize their adherence to HP channel branding and marketing guidelines, and helps give consumers confidence and assurance that they are purchasing Original HP Supplies from a legitimate source.

HP's premier Americas client event, HP Discover, takes place June 11-13 in Las Vegas.

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 is available at http://www.hp.com.

(1) Excludes discounting and rebates.

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, 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 macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; 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 customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs and retirement programs; 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 resolution of pending investigations, claims and disputes; and other risks that are described in HP's filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2012. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2013 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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