RESEARCH TRIANGLE PARK, N.C. – October 29, 2012: Lenovo (HKSE: 992) (ADR: LNVGY) today announced it has formed the Enterprise Product Group. The new unit will expand Lenovo’s server, storage, networking and software offerings geared to a variety of commercial customers, including large enterprise, small/medium business and systems integrators. The Enterprise Product Group is Lenovo’s latest investment in its strategy to build on its foundation in PCs and become a leader in the PC Plus era for companies of all sizes.
To help meet customers' current and future data management needs, the new organization will oversee development of products related to Lenovo’s recent partnership with EMC, in three main areas:
“As we aggressively expand the breadth of our product portfolio, the Enterprise Product Group will answer the increased demand for robust server, storage and cloud solutions in both mature and emerging markets,” said Peter Hortensius, senior vice president, and president, Lenovo Product Group. “Under Roy Guillen’s leadership, the new Enterprise Product Group will include development, operations, and marketing teams whose job it is to manage and grow our portfolio of new products, identify new alliances and partnerships, and accelerate Lenovo's credibility as a supplier of enterprise solution to customers around the world.”
One of the new organization's key objectives is to expand Lenovo's alliances and partnership ecosystem in line with predicted market growth, and in so doing, provide the greatest value to customers. According to IDC, server shipments are expected to reach $40.6B USD globally by 2014, and Lenovo's goal is to grow faster than the market, while building its enterprise business capabilities worldwide.
Lenovo (HKSE: 992) (ADR: LNVGY) is a $US30 billion personal technology company – and the second largest PC company in the world, serving customers in more than 160 countries. Dedicated to building exceptionally engineered PCs and mobile Internet devices, Lenovo’s business is built on product innovation, a highly efficient global supply chain and strong strategic execution. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile Internet devices, including tablets and smart phones. Lenovo has major research centers in Yamato, Japan; Beijing, China; and Raleigh, North Carolina. For more information, see www.lenovo.com.