EDS Unit Renamed as HP Enterprise Services

The name change marks the next major step in a year-long integration of EDS into HP and emphasises the growing global role of enterprise technology services in HP’s portfolio, HP officials said.

HP acquired EDS in May of 2008 for $13.9 billion (£8.5bn). The company announced the name change on 23 Sept.

“Our clients expect us to harness the full power of HP’s portfolio to solve their business challenges,” said Joe Eazor, senior vice president and general manager, HP Enterprise Services, in a statement. “Today we are combining the strong services brand equity that EDS has built over the last 47 years with HP’s technology leadership to become the leading IT services provider. We will continue to deliver the same service excellence that our clients have come to expect.”

Moreover, HP officials said to reflect the positive impact the EDS acquisition has made in expanding the breadth and depth of HP capabilities, the Technology Solutions Group will be renamed the HP Enterprise Business. This group is focused on business and government organisations of all sizes. In addition to enterprise services, its portfolio includes servers, storage, software, networking and technology services.

During the third quarter of fiscal year 2009, the HP Enterprise Business accounted for 47 percent of the company’s revenue, the company said. All HP Enterprise Business units will continue to report to Ann Livermore, executive vice president of HP.

“Customers are facing tough challenges in their technology environments,” Livermore said in a statement. “Challenges such as a rigid infrastructure, increasing applications and information complexity are restricting the speed in which IT can add value to the business. HP is the best at helping customers manage and transform their technology environments to deliver better business outcomes.”