The future HP Inc, which combines the PC and printing business of Hewlett-Packard, is forming a new business group to prepare for the upcoming explosion in demand for 3D printing, according to an HP internal memo.
The new 3D Printing business group is being formed to help HP Inc take advantage of the "next industrial revolution" that is 3D printing, according to the memo, which was addressed to all HP Inc employees from Dion Weisler, executive vice president of HP's printing and personal systems.
Hewlett-Packard on 1 November is scheduled to split into two companies. The enterprise infrastructure part of HP, including its Helion cloud business, will be known as Hewlett Packard Enterprise.
The rest of HP, centered primarily around its printing and PC business, will be known as HP Inc. Weisler will be the president and CEO of HP Inc.
An HP spokesperson declined to comment when contacted by CRN USA.
News of the new 3D Printing business group was first reported by Re/Code.
Weisler, in the 2 September memo, a copy of which was examined by CRN, said that 3D printing is a very important source of future growth for HP.
"When we announced our plans to separate, we knew that 3D printing would be a key area of innovation and growth for HP Inc. Our company is positioned perfectly to take advantage of our sophisticated intellectual property and know-how to transform industries and power the next industrial revolution," the memo from Weisler stated.
Heading the new 3D Printing business group and its associated center of excellence is Stephen Nigro, the memo from Weisler stated. Nigro, who currently serves as senior vice president of imaging and printing at HP, will be focused on 3D printing going forward, Weisler wrote.
"He will focus on establishing a leadership position for HP Inc, in both the prototyping and production 3D market by delivering a strong portfolio of technology, products, and services to drive the market," he wrote.
Nigro will be replaced by Enrique Lores, the current senior vice president and general manager for HP's business personal systems, Weisler wrote. Lores was in the past a printing engineer, he wrote.
HP last month reported that its PC revenue in its third fiscal quarter of 2015, which ended July 31, fell 13.0 percent year over year, and had a margin of 3.0 percent. Unit sales fell 11 percent during that time. The company's printing revenue, on the other hand, fell 9.0 percent in the same period, and had a margin of 17.8 percent. Unit shipments fell 2.0 percent.
Text of the internal memo from Weisler, titled "Leadership changes to power our future," follows on the next page.
Next: the full internal memo
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