Hewlett Packard Case Study
Introduction
For this essay I chose to focus on The Hewlett-Packard Company (HP). I chose this company because it is one of the world’s leading PC manufacturing companies. I also have an interest in technology and its development & am interested to look at the data processing requirements of a company such as HP in this area.
Company Profile
Hewlett Packard, known as HP, is a global information technology company that is based in Palo Alto, California, USA. It provides hardware components and software for personal and industrial use worldwide. The company was founded on 1st January 1939 by William Reddington Hewlett & David Packard, two American engineers in a two-car garage with an initial capital investment of $538. With $109.76 Billion
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During World War II, the company turned its attention to the production of military products such as fuses for artillery shells and anti-radar technology.
After the war had ended the two founders split the work, with Hewlett in charge of research and development and Packard running the business. The company began to produce technology to set frequencies accurately for television and radio. In 1957, the company released shares on the public stock market to raise money for the development of new products. This was the first time that shares of the company had been traded publicly.
In 1966, HP built their first computer to manage their own products. In 1972, the company produced a minicomputer for business use which is still in use today. In 1976 an intern at HP, by the name of Steve Wozniak, built the first ever PC and offered it to the company. They rejected the proposal and Wozniak went on to partner with Steve Jobs to form Apple
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