News
highlights:
Today, HP Inc. (NYSE:HPQ) and Deloitte Consulting LLP
announced a first-of-its-kind alliance to help accelerate the
digital transformation of the global manufacturing industry. The
two companies will collaborate on the implementation of HP’s 3D
printing systems in large-scale manufacturing environments,
applying their leading digital operations experience to help
enterprises accelerate product design and production, create more
flexible manufacturing and supply chains, and enhance efficiency
across the manufacturing lifecycle. This can help increase
innovation, accelerate time-to-market, reduce costs and waste, and
help large enterprises compete more effectively in today’s dynamic
global economy.
The alliance will combine HP’s award-winning Jet Fusion 3D
Printing solutions and tools, industry-leading partner ecosystem,
and heritage of driving digital industrial transformations together
with Deloitte’s global client reach and deep manufacturing
relationships, extensive digital operations experience, and proven
success in supply chain transformation for some of the world’s
largest companies.
“The Fourth Industrial Revolution is upon us. No sector of the
global economy is undergoing more radical transformation than the
US$12 trillion manufacturing market,” said Dion Weisler, President
and CEO, HP Inc. “Companies investing in digital reinvention are
poised to outpace their peers. Building on our disruptive 3D
printing technology, together with Deloitte, we are focused on
helping customers transform and win in this new era.”
“The digitalization of global manufacturing operations and
practices will impact companies and consumers around the world, and
3D printing will play an important role in fundamentally changing
manufacturing as we know it,” said Punit Renjen, Global CEO at
Deloitte. “This alliance comprises two exceptional brands and
brings together HP’s leading 3D printing platform with Deloitte’s
digital manufacturing experience and global client reach.”
The speed, economics, quality, and reliability of HP’s 3D
printing solutions are enhancing business operations with a growing
list of leading global companies including BMW Group, Jabil,
Johnson & Johnson, Nike, and many more, as well as a wide array
of manufacturing service bureaus in North America, Europe, and
Asia-Pacific.
“3D printing empowers design freedom and product personalization
while delivering a digital thread to transform supply chains and
open the door for distributed manufacturing,” said John Dulchinos,
vice president of digital manufacturing at Jabil. “As part of this
powerful ecosystem, Jabil works with leaders such as HP and
Deloitte to help customers across different industries benefit from
HP’s groundbreaking Multi Jet Fusion technology to make
production-grade parts in volume and ramp additive manufacturing
innovations.”
HP’s end-to-end manufacturing ecosystem includes engineering,
software, enterprise, and manufacturing workflow leaders such as
SAP, Siemens, Autodesk, and Materialise as well as members of its
unique open 3D materials platform including Arkema, BASF, Evonik,
Henkel, Lehman & Voss, and Sinopec Yanshan Petrochemical
Co.
Deloitte’s Supply Chain and Manufacturing Operations practice is
a global leader in helping companies apply digital business
strategy to manufacturing initiatives to drive operational
excellence. Deloitte has formed an ecosystem of digital
collaborators, including Amazon Web Services (AWS), Cloudera,
Dassault Systèmes, Google Cloud, SAP, and Siemens, to help clients
accelerate their digital transformations. Deloitte will play an
important role in helping organizations make use of 3D printing
technology in their supply chain networks – a move that has the
potential to fundamentally impact the way manufacturing
organizations function.
“This new alliance reinforces the longstanding relationships
Siemens has built with HP and Deloitte, and creates greater
opportunities to digitally transform the global manufacturing
industry,” said Tony Hemmelgarn, President and CEO, Siemens PLM
Software. “We see enormous potential in the next generation of
integrated product design, engineering, manufacturing and business
innovations that elevate the voxel control and production-ready
capabilities of HP’s Multi Jet Fusion 3D printing technology.”
With the potential to lower costs, increase production speed and
flexibility, minimize distribution borders, and create entirely new
markets worldwide, 3D printing is helping to unlock the promise of
a new global industrial revolution.
“As a long-standing partner of both Deloitte and HP, we are
pleased to see the synergy of their unique strengths
combined to drive worldwide adoption of 3D printing across
industries,” said Dr. Tanja
Rueckert, President IoT & Digital Supply
Chain, SAP SE. “SAP continues to
accelerate efforts to drive a global, scalable, and
open manufacturing business network for industrial 3D printing with
SAP Distributed Manufacturing. HP’s disruptive Multi Jet Fusion 3D
printing technology, Deloitte’s manufacturing domain expertise, and
SAP’s global, cloud-based manufacturing business network help to
deliver the power, speed, and quality of the distributed
manufacturing digital transformation today."
This alliance, which will begin in the U.S. and expand to other
geographies, is part of HP and Deloitte’s ongoing collaboration
designed to accelerate digital transformation for the
enterprise. Deloitte and HP will offer solutions that combine
Deloitte’s extensive business transformation capabilities with HP’s
managed print, device-as-a-service (DaaS), commercial mobility, and
cyber-security offerings.
About HP
HP Inc. creates technology that makes life better for everyone,
everywhere. Through our portfolio of printers, PCs, mobile devices,
solutions and services, we engineer experiences that amaze. More
information about HP Inc. is available at http://www.hp.com.
About Deloitte“Deloitte” is the brand under
which tens of thousands of dedicated professionals in independent
firms throughout the world collaborate to provide audit,
consulting, financial advisory, risk management, tax, and related
services to select clients. These firms are members of Deloitte
Touche Tohmatsu Limited, a UK private company limited by guarantee
(“DTTL”). Each DTTL member firm provides services in particular
geographic areas and is subject to the laws and professional
regulations of the particular country or countries in which it
operates.
Forward-Looking StatementsThis news release
contains forward-looking statements that involve risks,
uncertainties and assumptions. If the risks or uncertainties ever
materialize or the assumptions prove incorrect, the results of HP
Inc. and its consolidated subsidiaries (“HP”) may differ materially
from those expressed or implied by such forward-looking statements
and assumptions.
All statements other than statements of historical fact are
statements that could be deemed forward-looking statements,
including but not limited to any projections of net revenue,
margins, expenses, effective tax rates, net earnings, net earnings
per share, cash flows, benefit plan funding, deferred tax assets,
share repurchases, currency exchange rates or other financial
items; any projections of the amount, timing or impact of cost
savings or restructuring and other charges; any statements of the
plans, strategies and objectives of management for future
operations, including the execution of restructuring plans and any
resulting cost savings, revenue or profitability improvements; any
statements concerning the expected development, performance, market
share or competitive performance relating to products or services;
any statements regarding current or future macroeconomic trends or
events and the impact of those trends and events on HP and its
financial performance; any statements regarding pending
investigations, claims or disputes; any statements of expectation
or belief; and any statements of assumptions underlying any of the
foregoing.
Risks, uncertainties and assumptions include the need to address
the many challenges facing HP’s businesses; the competitive
pressures faced by HP’s businesses; risks associated with executing
HP’s strategy; the impact of macroeconomic and geopolitical trends
and events; the need to manage third-party suppliers and the
distribution of HP’s products and the delivery of HP’s services
effectively; the protection of HP’s intellectual property assets,
including intellectual property licensed from third parties; risks
associated with HP’s international operations; the development and
transition of new products and services and the enhancement of
existing products and services to meet customer needs and respond
to emerging technological trends; the execution and performance of
contracts by HP and its suppliers, customers, clients and partners;
the hiring and retention of key employees; integration and other
risks associated with business combination and investment
transactions; the results of the restructuring plans, including
estimates and assumptions related to the cost (including any
possible disruption of HP’s business) and the anticipated benefits
of the restructuring plans; the resolution of pending
investigations, claims and disputes; and other risks that are
described in HP’s Annual Report on Form 10-K for the fiscal year
ended October 31, 2015, HP’s Quarterly Reports on Form 10-Q for the
fiscal quarters ended January 31, 2016, April 30, 2016 and July 31,
2016, and HP’s other filings with the Securities and Exchange
Commission. HP assumes no obligation and does not intend to update
these forward-looking statements. HP’s Investor Relations website
at http://www.hp.com/investor/home contains a significant
amount of information about HP, including financial and other
information for investors. HP encourages investors to visit its
website from time to time, as information is updated and new
information is posted.
©Copyright 2017 HP Development Company, L.P. The information
contained herein is subject to change without notice. The only
warranties for HP products and services are set forth in the
express warranty statements accompanying such products and
services. Nothing herein should be construed as constituting an
additional warranty. HP shall not be liable for technical or
editorial errors or omissions contained herein.
Noel Hartzell, HP Inc.
+1 415 786 4323
noel.hartzell@hp.com
www.hp.com/go/newsroom
Jodie Stern, Deloitte
+1 414 702 0167
jodiestern@deloitte.com
https://www2.deloitte.com/us/en/footerlinks/newsroom.html
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