Archive for March, 2010

HP Announces Leadership Changes in Enterprise Business

Wednesday, March 3rd, 2010

HP today announced that it has appointed Tom Iannotti, currently managing director and senior vice president of Americas and Enterprise Business at HP, to lead HP Enterprise Services. Joe Eazor, who currently runs Enterprise Services, will become senior vice president of Corporate Growth Initiatives in the Office of Strategy and Technology at HP. Both changes are effective immediately.

In his new position, Iannotti will be responsible for driving growth in HP Enterprise Services, which delivers applications, business processing and outsourcing services. Iannotti previously managed services for Compaq and HP and has over 30 years of global and regional leadership experience in the Americas, Europe and Asia. He will continue to report to Ann Livermore, executive vice president of the HP Enterprise Business.

In his new capacity, Eazor will be responsible for driving HP’s ongoing growth strategy in China, India and South East Asia. He will work closely with the region and country team to expand HP’s corporate presence and strength in this geography. He will report to Shane Robison, HP executive vice president and chief strategy and technology officer.

HP’s Asia Pacific business continues to experience strong growth. In the recently reported fiscal first quarter, HP’s revenue in the Asia Pacific region rose 26 percent year over year. China also has been a bright spot for the company.

“This strategic transition enables these talented executives to draw on their significant skills and experience to drive HP’s growth across our businesses,” said Livermore. “Tom is a natural leader and is ideally suited to expand our share of the services market. Joe’s experience in driving the integration of EDS as well as his deep knowledge of Asia Pacific are ideal as HP expands its footprint in this critical geography.”

Panasonic released the next decade industry planning, the battery business into focus

Monday, March 1st, 2010

Matsushita Electric Industrial Co. Friday said that by the end of 2019 three of the 2019 fiscal year, the company batteries and other energy services revenue will reach 3 trillion yen (about 32 billion U.S. dollars).

Matsushita Electric Industrial Co. expects fiscal year 2019, the company’s total revenues will reach 10 trillion yen, batteries and other energy services revenues will account for about one-third of total revenues. In the next six years, the Matsushita Electric Industrial Co. Sanyo Electric’s solar cells will be injected about 1,000 business billion yen. Matsushita Electric announced in December 2009, Sanyo Electric’s stake in a public stock purchase on December 9 was formally completed, the former to obtain a majority stake in the latter. Matsushita Electric Industrial Co. to pay for this transaction a total of 43 billion dollars.

Matsushita Electric Industrial president Fumio Ohtsubo (Fumio Ohtsubo) said, “to accelerate expansion of our energy-related businesses, will be working with Samsung Electronics, the most effective way to compete.” As the world’s largest plasma TV maker Matsushita Electric Industrial Co. expects fiscal year 2019 operating margins and return on assets will be at least 10%. 29000 in the global job cuts and spending cuts ¥ 200,000,000,000, after losses at the Matsushita Electric Industrial Co. are expected in the next fiscal year will be re-return to profitability.

Bloomberg News survey of analysts on average expect the current, Matsushita Electric at the end of 2010, three of the 2010 fiscal year net loss of 1130 billion yen as of the end of 2011, three of the 2011 fiscal year net profit will reach ¥ 105,000,000,000.

Matsushita Electric Industrial Co. said Friday, in the integration of the experience from Sanyo Electric, the company Li-ion rechargeable battery business at the end of 2016 three of the 2016 fiscal year revenue will reach 1 trillion yen. Together with Sanyo Electric, Matsushita Electric’s objective is to occupy the global Li-ion rechargeable battery industry for at least 40% of the share.