Printing Leads The Charge For HP
For HP, 2016 was a year of breakthrough innovation and a blockbuster deal with HP acquiring Samsung's Printer business in a $1.05 billion cash deal.
The Samsung deal was aimed at providing more R&D muscle and intellectual property for HP Inc.'s all out charge to tear apart the copier market with a new A3 printer portfolio that promises 40 percent lower costs for color.
It was also the year that HP made its big move into the 3-D printer market with its eagerly anticipated JetFusion 3-D – a potential $12 trillion market for the company.
If that wasn't enough, HP's PageWide Enterprise Color Series and OfficeJet Pro walked away with CRN Printer product of the year honors.
Not to be undone, the Personal Systems business unleashed the Elite x3 – which shattered smartphone limitations – eliminating the need to switch between smartphones, laptops and desktops.
On the channel front, the Personal Systems business delivered a device-as-a-service offering that has given HP a decided advantage in what partners see as a burgeoning market opportunity.