Continuing Innovation: Celebrating HP’s 75th Anniversary
This year marks 75 years of technical innovation and achievement for HP. In 1938, Bill Hewlett and Dave Packard began the company in a rented garage in Palo Alto, Calif., that is now recognized as the birthplace of Silicon Valley. This is where they first set the bar in the technology industry and set the stage for HP to change the game time and time again.
It was in 1938 that Bill and Dave built the company’s first product—a resistance-capacitance audio oscillator, eight of which were purchased by our first customer, The Walt Disney Company. From these beginnings, our innovation milestones over the last 75 years have included:
- An atomic clock that set a new standard for international time;
- Our beloved and legendary financial calculators, still being used today, though they’ve long since outlived other devices of the same age;
- The discovery of the memristor—the fourth basic element in integrated circuits, and the tool we believe will make possible huge leaps in the technology that powers memory; and
- The world’s first software-defined web server, HP Moonshot, which uses 89 percent less energy, 80 percent less space, and is 77 percent less costly than regular servers.
75 years of Making It Matter
At HP, we believe that partnership and collaboration are the foundation of everything we do. Our company was built through the partnership with Bill and Dave, and that collaboration set the tone for the entire company. We also believe that collaboration is the best way to work with our customers. At HP, we work with you—not for you—to create the solutions and co-innovations that will help you win.
HP offers such an extensive and unique portfolio of products and solutions to empower your business. With nearly 30,000 patents and $3 billion in annual R&D spending, we are working to invent technologies that will help cost your business less. We believe there is no better way to spend money than to spend it on product innovation for our customers.
Finally, we strive to also use our innovation to make a positive difference in the world. We are looking to build a better future for everyone through our Living Progress program, where our goal is to advance the health and well-being of people, contribute to economies globally and work to strengthen the environment through technology.
The next 75 years have already begun
At HP, we know that a real culture of innovation takes work and is proven by our actions. We remain vigilantly focused on ensuring that we are keeping ourselves—and our partners—several steps ahead of the game with our next generation of products, services and solutions. We strive to apply our innovative technologies to advancing the way people all over the globe live and work. And we don’t just consider this something we do, we consider it our central corporate purpose.
Want to know more about our last 75 years of innovation? Check out our interactive timeline to see significant milestones in our colorful history.