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TheStreet Open House

HP Recognized As A Leader In 2011 Magic Quadrant For Managed Print Services

HP (NYSE:HPQ) today announced industry analyst firm Gartner, Inc. has named the company a “leader” in its 2011 Magic Quadrant for Managed Print Services (MPS) Worldwide. (1)

In the Gartner Magic Quadrant report, HP was evaluated on its “completeness of vision” as well as its “ability to execute.”

Gartner classifies leaders as organizations that “provide MPS to a wide range of customers, including the largest and most geographically dispersed, so they must demonstrate a truly global reach. They must demonstrate not only the skills to deliver today’s MPS, but also the understanding, initiative and resources to prepare for tomorrow’s MPS. Leaders characteristically augment the full scope of MPS with a wide range of added-value services. As a result, they are frequently shortlisted by large and midsize customers.”

HP MPS is a flexible, scalable offering that helps enterprises grow their business, mitigate risks, improve workflow processes and reduce environmental impact. With more than 3,000 customers worldwide, HP MPS provides a clear path for turning printing and imaging into a vital, value-added asset.

“Organizations across a range of industries are automating document and workflow processes through HP MPS to achieve their strategic objectives,” said John Tomesco, vice president, Enterprise Market Development, Managed Enterprise Solutions, Imaging and Printing Group, HP. “We believe today’s industry analyst recognition confirms the inherent value that HP delivers to help enterprises do more with less and free up their time to focus on their core business and customers.”

Additional information about HP MPS is available at www.hp.com/go/ManagedPrint.

About Gartner Magic Quadrant

The Magic Quadrant is copyrighted 2011 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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