HP 2005 Annual Report Download - page 133

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HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)
Note 18: Segment Information
Description of Segments
HP is a leading global provider of products, technologies, solutions and services to individual
consumers, small and medium sized businesses (‘‘SMBs’’), and large enterprises. HP’s offerings span
enterprise storage and servers, multi-vendor services including technology support and maintenance,
consulting and integration and managed services, personal computing and other access devices, and
imaging and printing related products and services.
During fiscal 2005, HP and its operations were organized into seven business segments: Enterprise
Storage and Servers (‘‘ESS’’), HP Services (‘‘HPS’’), Software, the Personal Systems Group (‘‘PSG’’),
the Imaging and Printing Group (‘‘IPG’’), HP Financial Services (‘‘HPFS’’), and Corporate Investments.
HP’s organizational structure is based on a number of factors that management uses to evaluate, view
and run its business operations, which include, but are not limited to, customer base, homogeneity of
products and technology. The business segments disclosed in the Consolidated Financial Statements are
based on this organizational structure and information reviewed by HP’s management to evaluate the
business segment results. ESS, HPS and Software are structured beneath a broader Technology
Solutions Group (‘‘TSG’’). In order to provide a supplementary view of HP’s business, aggregated
financial data for TSG is presented herein.
HP has reclassified segment operating results for fiscal 2004 and 2003 to conform to certain minor
fiscal 2005 organizational realignments. Future changes to this organizational structure may result in
changes to the business segments disclosed. A description of the types of products and services
provided by each business segment follows.
Technology Solutions Group. Each of the business segments within TSG is described in detail
below.
•Enterprise Storage and Servers provides storage and server products. The various server offerings
range from low-end servers to high-end scalable servers, including the Superdome line. Industry
standard servers include primarily entry-level and mid-range ProLiant servers, which run
primarily on the Windows(1), Linux and Novell operating systems, and HP’s BladeSystem family
of blade servers. Business critical servers include Itanium(2)-based Integrity servers running on
HP-UX, Windows, Linux and Open VMS operating systems, Reduced Instruction Set
Computing (RISC)-based servers running the HP-UX operating system and HP AlphaServer
product line running on both Tru64 UNIX(3) and Open VMS. Additionally, HP offers its
Itanium-based Integrity NonStop and MIPs based Nonstop fault-tolerant server products for
business critical solutions. HP’s StorageWorks offerings include entry level, mid-range and
enterprise arrays, storage area networks (SANs), network attached storage (NAS), storage
management software, as well as tape drives, tape libraries and optical archival storage.
•HP Services provides a portfolio of multi-vendor IT services including technology services,
consulting and integration and managed services. HPS also offers a variety of services tailored to
particular industries such as manufacturing, network and service providers. In collaboration with
ESS and Software, HPS teams with software and networking companies and systems integrators
to bring solutions to HP’s customers. Technology services (formerly called customer support)
(1) Windowsis a registered trademark of Microsoft Corporation.
(2) Itaniumis a registered trademark of Intel Corporation.
(3) UNIXis a registered trademark of The Open Group.
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