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Hewlett-Packard CEO Meg Whitman has had a whirlwind first year at the helm, and Wednesday she will meet with Wall Street analysts to discuss her plan for restoring the sheen to HP's battered reputation.
Whitman in the past year Whitman has re-organized HP, eliminating organizational "siloes," combining its PC and printer businesses and cutting 29,000 jobs. Despite these moves, HP shares are trading near their lowest levels in a decade, and several recent analyst downgrades suggest more difficulties lie ahead.
Whitman wants HP to be more consistent and steady, and often talks of reducing the "noise" and "drama" that has followed the company over the past several years.
HP partners believe Whitman is making progress. "Meg means business. If she implements and does what she says she wants to do, HP will become a major force in the industry once again," Dean Cappellazzo, CEO of Bedrock Technology Partners, a San Mateo, Calif.-based solution provider, told CRN.
Still, the fact remains that HP remains in the headlines, even if Whitman had no part in creating the issues. Following are five topics that Whitman will likely spend significant time addressing when she meets with Wall Street analysts.
1. Cloud Computing
HP earlier this month created an internal division that unifies several previously disparate cloud products and services, and hired Saar Gillai, former vice president of cloud networking, to run it. In April, HP unveiled its Converged Cloud Services program, an overarching strategy for public, private and hybrid cloud services.
These moves underscore HP's desire to tell a more concise cloud story that is unique from other vendors' offerings, one HP partner told CRN.
"HP is well aware that they have something good here, but not a lot of people understand what it is," the partner said of HP's cloud portfolio, speaking on condition of anonymity. "HP also recognizes it needs to equip its legacy channel and internal sales force to sell the cloud."