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HP CEO Meg Whitman: 10 Signs HP's Turnaround Is On Track

HP CEO Meg Whitman told Wall Street analysts Wednesday that the turnaround of the $120 billion IT behemoth is 'broadly on track to position HP as an industry leader.' Here are 10 signs from Whitman that the turnaround is taking hold.

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A New Style Of IT Is Taking Hold

Hewlett-Packard CEO Meg Whitman told Wall Street analysts Wednesday that after two years on the job she is confident the company is "headed in the right direction" with acceleration in the five-year turnaround plan expected in Fiscal 2015. Whitman says the new style of IT offerings from HP including an enterprise-grade public cloud service, the Haven big data platform, Moonshot converged infrastructure and HP security solutions are poised to drive sales growth. "While there is a lot more work to be done, we are making real progress," she said.

Whitman's upbeat outlook sent HP shares up 9 percent on Wednesday to close at $22.60. Here are 10 signs from Whitman that her five-year turnaround plan is on track.

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