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HP to Focus on Industry 4.0, Emerging Markets

Digital manufacturing -- which will offer one of the biggest opportunities

PC and printer major HP Inc. on Monday introduced new "Pavilion x360" notebook with 10th Gen Intel Core processor. (IANS)

HP could be targeting the $12 trillion business in manufacturing as it pushes, fine tunes and works furiously on its 3D printing technology — what it terms Industry 4.0, said Dion Weisler, President and CEO of HP.

“We had plastic to start with and now metals. So from zero dollars, the goal here is to transform industry and for that you have to deeply understand the industry you need to transform,” he said in the course of HPReinvent 2019, the company’s largest global partner event.

Essentially that means moving from building prototypes to actual manufacturing.

One of those areas is automotives. “We are at an inflection point in automotive engines because industry is moving from combustible engine to electric vehicle and 3D printing lends itself to that production,” said Weisler.

At the base is evolution of customers.

The way HP looks at change is: rapid urbanisation and their demands; millennials are taking over and entering the workforce; 95 per cent of these millennials are living in emerging economies.

This is where China and India become significant for HP, both being significant markets for it, said Christoph Schell, President 3D printing and digital manufacturing said.

“China is the largest market for digital market. India is a super interesting country — because they can bring manufacturing back to their country,” Schell said.

HP India
HP unveils 65-inch gaming display with soundbar at CES 2019. Flickr

Pressure applies on the need for innovation as digitisation and hyper globalisation happen at great speed alongside urbanisation. That’s because customers require transformation faster. Meanwhile, market growth also requires mergers and acquisition.

While there exists an opportunity to leverage transformation, the M&A market also provides new opportunity as the acquisition of Samsung’s print business did.

“M&A will be used at the right time,” Weisler said.

HP, as indeed anybody in the same business would be looking at the following ground reality referred to by HP officials:

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Economic impact — By 2025, there will be 850 million households who will need technology. They will also need higher wages. This will be accompanied with 16 per cent shortage in high skilled labour. Now nearly half of 850 million households will be in India and China.

Energy sustainability — In the case of India, the fastest growing economy in the world, by 2035 there will need to double power output.

Changes in compute model — Even Cloud systems would need a limit, by 2023, it would occupy 164 zettabytes of space which would be impossible to do. This will require a radical shift in data.

Digital manufacturing — which will offer one of the biggest opportunities. (IANS)

Next Story

Bloatware App’s Flaw gets Fixed for HP

HP releases Updates this month to fix Bloatware Issues

HP has released updates this month to address the issue of Bloatware. Pixabay

HP has issued a security advisory for its Touchpoint Analytics, to fix Bloatware which was said to be containing a security flaw that could let malware gain admin rights and take over vulnerable systems, as noted by security researchers from SafeBreach Labs.

HP has released updates this month to address the issue.

HP desktop and laptop owners were advised to follow instruction details in the company’s security advisory and updated its Touchpoint Analytics client at their earliest convenience, ZDNet reported on Friday.

The researchers had found the security flaw in HP Touchpoint Analytics in July, according to the Tech republic.

The HP Touchpoint Analytics app falls under the category of bloatware. Pixabay

Security researchers at SafeBreach said that they uncovered a new vulnerability which meant every version below was affected by what they found.

The HP Touchpoint Analytics app is falls under the category of bloatware which essentially a type of software that comes pre-installed on new devices.

The app’s purpose is to collect diagnostics data about hardware performance and send the information back to the firm.

HP desktop and laptop owners were advised to follow instruction details in the company’s security advisory. Pixabay

The app usually whitelisted and runs with admin rights on HP systems, to be able to access various details from software drivers and other hardware components.

According to Peleg Hadar, a security researcher with SafeBreach Labs, there is a way to hijack the application’s normal mode of operation and load malicious DLL files to run rogue code with elevated privileges.

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Hadar found that what security experts call a local privilege escalation (LPE), a type of vulnerability that’s quite common in modern software, the ZDNet report added. (IANS)