Wednesday, February 24, 2010

HP(Hewlett Packard)

Hi friends i got selected in HP(Hewlett Packard) so i will update news about my company
HP Labs Director Prith Banerjee is turning his attention to HP's half-dozen international labs in China, England, India, Israel, and Russia to work more closely with one another.His goal is to produce more inventions that can be turned into technology that goes on to generate revenue for the company. Signaling its emphasis on international research and development, HP opened its seventh lab in Singapore on Feb. 24, establishing a research hub in a key country in HP's fastest-growing region.

HP is taking the refining process global. On Jan. 4, Banerjee named Min Wang, a former research manager at IBM's (IBM) Thomas J. Watson lab in New York, as the new director of HP Labs China. HP closed a Tokyo lab last year. Banerjee rejiggered HP Labs's performance evaluation system to more accurately measure high-quality research. The company also shortened the amount of time it takes to present findings to a review board. "Gone are the days of the labs of 30 years ago, where there was no pressure and you did whatever you wanted to do," says Banerjee, sitting at a table overlooking a leafy courtyard below his office, which is down the hall from the preserved work spaces of HP founders William Hewlett and David Packard.
Hewlett-Packard operates one of the few remaining university-style research labs in U.S. industry, along with IBM and Microsoft (MSFT). The labs are designed to foster innovation by looking five and 10 years into the future. But industrial labs have also been criticized for failing to commercialize enough of their work.
In May 2008, Banerjee, a former academic and founder of two chip design companies, undertook a top-to-bottom reorganization of HP Labs aimed at turning more of its research into useful technology. "This was a five-year plan I signed up for with [Chief Executive] Mark Hurd," Banerjee says. HP has sped up commercialization of technologies from its labs in areas including digital printing, flexible displays, and oil exploration. The company on Feb. 10 announced a deal to sell seismic sensors to Shell (RDS.A).

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