Wednesday, March 09, 2011

Apotheker Seeks to Save HP's 'Lost Soul' With Software Growth - BusinessWeek

From a Bloomberg BusinessWeek HP snapshot

"HP has lost its soul," he said in an interview at Hewlett-Packard's headquarters in Palo Alto, California, offering a glimpse of the vision he will outline in greater detail at an event on March 14 in San Francisco. "The first thing I wanted to do when I joined HP was listen to the people. The rank and file usually know about all the shortcomings."

Apotheker, 57, resigned as CEO of German software maker SAP AG in February 2010 amid falling sales, clashes with unions over job cuts and a price increase that vexed customers. He takes the helm of a company facing slowing revenue growth and accelerating competition in cloud computing, a fast-growing area of technology that delivers software and storage via the Internet.

Apotheker Seeks to Save HP's 'Lost Soul' With Software Growth - BusinessWeek

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