Never Miss a Beat: Get a snapshot of the issues affecting the IT industry straight to your inbox.
Thomas Hogan takes on a unit that has struggled recently. For Hewlett-Packard's fiscal year ended Oct. 31, the software unit posted revenues of $311 million and had an operating loss of $59 million.
January 26, 2006
1 Min Read
Hewlett-Packard late Thursday tapped Vignette CEO Thomas Hogan to head the company’s struggling software business, replacing Nora Denzel, who resigned late last year.
Hogan will report to Ann Livermore, executive vice president of HP’s Technology Solutions Group. Prior to joining Vignette in 2001, Hogan spent two years as senior vice president of worldwide sales and marketing at Siebel Systems. Prior to that, he spent 17 years in a variety of executive positions at IBM, HP said. Hogan takes on a business unit within HP that has struggled recently. For HP’s fiscal year 2005 ended Oct. 31, the software unit posted revenues of only $1.07 billion and had an operating loss of $59 million. HP’s overall fiscal 2005 revenue totaled $87.8 billion, with earnings from operations of $3.5 billion. HP solution providers have said recently that software attach rates with an HP hardware sale are often less than 10 percent. HP executives, led by CEO Mark Hurd, have made bundling more HP content into a solution a top priority this year and have said they will reward HP those partners that sell complete HP solutions.
You May Also Like
The ultimate survival guide to SOC 2 compliance
5 key areas for improved automation in InfoSec compliance
NIST Cybersecurity Framework 2.0: Changes, impacts, and opportunities for your InfoSec program
Edge Computing Bridges IT and OT People, Process, and Technology
How a trading floor continues its operations during COVID-19 lockdown