Small Business Technology News

HP Announces New IT Products For Small Businesses

Written by Jenna Weiner
Published: 6/4/2010

HP aims to improve small business IT infrastructure in a new partnership with Microsoft.

Hewlett-Packard has announced a partnership with Microsoft to help create a line of products and services aimed at helping small business owners.

Entrepreneur Technology Potential

While HP unveiled a wide variety of products, the company narrowed its focus on networking and storage systems - two areas of IT forecast to have strong growth in the coming months. "There's a driving, pent-up demand for IT infrastructure among small businesses in the U.S.," Chad Thompson, analyst with AMI Partners, told CIO Update.

According to CIO Update, HP says that a small business will now be able to finance an entire network of computers, including servers and software, for $2,500 a month.

The website also says the company briefly mentioned plans for a cloud-based file storage system. That would be very positive technology news for entrepreneurs, because a cloud-based system would allow small businesses to store their files off-site - saving money that would have been spent on servers.

According to Infoworld.com, HP officials said small- and medium-sized businesses spend an estimated $234 billion a year on IT products, and spending is expected to grow by 3.6 percent every year until 2014.

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