HP lands a $1.4 billion deal with German utility giant E.ON

HP has bagged a five-year $1.4 billion technology infrastructure outsourcing deal with German utility giant E.ON.

The deal includes providing data center operations and workplace services to E.ON. HP will assist E.ON to become an Instant-On Enterprise by embedding technology in every layer of its business to better serve customers, employees and partners with whatever they need, instantly.

HP will handle the data center operations and workplace services for more than 80,000 employees. It will also act as an operational integrator, collaborating with E.ON's existing IT operations, which would result in 1,100 employees transferring to HP.

Edgar Aschenbrenner, chief information officer of E.ON., said, HP has proven experience in large-scale IT outsourcing and a global presence. We have asked them to apply their broad experience and innovation capabilities and to act as operational integrator toward our other key partners.

HP had a tumultuous year punctuated with its CEO Mark Hurd's departure in August due to sexual harassment allegations, followed by Oracle recruiting Hurd as President which led HP and Oracle to court followed by HP's uncanny choice of CEO replacement, SAP's former CEO Leo Apotheker who has been dogged by Oracle over SAP's involvement in software piracy case.

HP reported its fourth quarter results last month with an 8.1 percent increase in sales, to $33 billion, posting net earnings of $2.54 billion, a 5.2 percent increase. However HP disappointed at the services front with all its services segments showing a meager revenue increase of four-tenths (0.4 percent) of a percent to $8.96 billion while its infrastructure technology outsourcing sales was up 1.3 percent and technology services was up 1.2 percent.

The other high profile deal that HP bagged this year was renewal of the $2 billion multiyear applications and infrastructure services deal signed with General Motors in July.

HP's Instant-On Enterprise is its new integrated solutions through which HP assists enterprises to reinvent their use of technology to deliver innovation at every point in the value chain within the enterprise. This includes the services that are delivered, the mobile devices that provide the access, and the global data centers required to power the Instant-On Enterprise.

The Instant-On Enterprise includes HP's Application Transformation, converged infrastructure, and enterprise security and information optimization solutions.