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HP ProCurve Outpaces Networking Competition in Tough Times

  • 16 December, 2008 14:00

<p>HP today announced that HP ProCurve experienced year-over-year worldwide revenue and port growth for the third calendar quarter of 2008 that greatly outpaced the growth rate of the networking industry, according to data from a quarterly report by market research firm Dell’Oro Group.(1)</p>
<p>According to Dell’Oro Group’s data, HP ProCurve achieved growth in worldwide port shipments that exceeded that of any other industry vendor. This growth occurred in a period that saw port shipments decline for a majority of vendors.</p>
<p>HP ProCurve grew worldwide switched Layer 2 through Layer 7 port shipments by 25.8 percent in the third calendar quarter of 2008 compared to the same period in 2007. The industry growth rate for this period was 6.6 percent.</p>
<p>Gurkirat Singh, HP ProCurve Country Manager South Pacific commented, “In the current uncertain business environment, business leaders are telling us that they are carefully examining new investments, and focusing on getting the most from their IT budgets. Australia and New Zealand businesses have been looking for a better deal, and lower running costs for their network, which has been a factor behind ProCurve’s rapid local growth. ProCurve solutions include lifetime hardware replacement warranties, free firmware upgrades, and easy to use management tools, allowing our customers to reduce both their upfront and ongoing networking, with typical cost savings of 25% to 50% achievable over the life of the network.”</p>
<p>HP ProCurve grew worldwide switched Layer 2 through Layer 7 port shipments by 25.8 percent in the third calendar quarter of 2008 compared to the same period in 2007. The industry growth rate for this period was 6.6 percent.</p>
<p>In addition, Dell’Oro Group data revealed HP ProCurve’s worldwide revenue also grew at a higher rate than the rest of the market, accelerating 14.1 percent, compared to the industry average of 4.5 percent. HP ProCurve’s Power over Ethernet (PoE) worldwide shipments grew 51.7 percent year-over-year compared to market growth of 13.7 percent.</p>
<p>HP ProCurve’s portfolio of wired and wireless network infrastructure solutions includes products that are suitable for businesses of all sizes.</p>
<p>About HP ProCurve</p>
<p>HP ProCurve is the Network of Choice for best-in-class solutions, products and services for wired and wireless networks. ProCurve’s Adaptive Networks vision enables customers to implement an open, standards-based network infrastructure that adapts to the changing needs of users, applications and organizations.</p>
<p>ProCurve was positioned in the Leaders quadrant in research and advisory firm Gartner Inc.’s 2008 Magic Quadrant Report for Global Campus LANs and is a worldwide leader in Ethernet switch market revenue and ports according to Dell’Oro Group.</p>
<p>More information on HP ProCurve is available at http://www.procurve.com/.</p>
<p>About HP</p>
<p>HP, the world’s largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP (NYSE: HPQ) is available at http://www.hp.com/.</p>
<p>Note to editors: More news from HP, including links to RSS feeds, is available at http://www.hp.com/hpinfo/newsroom/.</p>
<p>(1) Dell’Oro Group, “Q3'08 Switched Ethernet Report,” December 2008.</p>
<p>© 2008 Hewlett-Packard 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.</p>
<p>Media Contact:
Sebastian Rice,
02 9959 1991,
seb@silverspan.com</p>

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