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Over $234b SMBs gets HP tech boost

June 22, 2011
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With the total size of $234 billion small and midsize businesses will get a new boost from the HP new solutions. HP solutions are based on advanced technology and an expanded entrepreneur program to enable small and midsize businesses (SMBs) to drive growth, improve employee productivity and protect assets.

“Representing an estimated $234 billion in total addressable market, SMBs are faced with daily challenges that include controlling costs, managing employee productivity and gaining access to credit. HP is committed to delivering solutions, financing and programs that allow clients to realign resources toward growth and innovation. HP also has expanded its investment with 40 new training centers in its global program, HP Learning Initiative for Entrepreneurs (HP LIFE), which empowers microenterprises and SMBs to create new revenue streams. Since 2007, HP has invested more than $20 million into the program, resulting in the creation of more than an estimated 20,000 jobs and more than approximately 6,500 new businesses,” HP in a statement said.

HP provides SMBs with a broad range of technologies that reduce costs, improve efficiency and ensure collaboration for greater employee productivity.

Tags: $234 billion small and midsize businesses
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