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HP boss outlines Web plans
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October 11, 1999: 8:51 a.m. ET
Fiorina unveils 'e-services' as key strategy, creates 'cyber bazaar'
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GENEVA (CNNfn) - Hewlett-Packard's new chief executive, Carly Fiorina, mapped out her future for the company Monday, and promised the company's focus is on delivering Web services.
Fiorina, speaking at the Telecom 99 trade fair in Geneva, Switzerland, said "e-services" would be the cornerstone of the group's strategy, and she revealed Hewlett-Packard (HWP) has built a "cyber bazaar" with cellular phone giant Nokia.
Echoing the "e-business" phrase coined by IBM rescuer Lou Gerstner, Fiorina hopes to kick-start HP's Internet activities.
The focus on "e-services" is a result of 75 days at the helm of the company, "much of that time spent looking in the mirror," Fiorina told a packed press conference, "looking at our strengths and weaknesses."
Dismissing the vision espoused by IBM's Gerstner, Fiorina continued, "Chapter One (of the Internet) was about e-commerce and e-business. Chapter Two moves us to 'Do it for me'"
"E-services represents the Internet strategy for the whole of Hewlett-Packard (HWP)," according to Fiorina.
This new market for so-called "applications on tap" will grow to a $10 billion a year market by 2001, from just $90 million this year, according to Forrester Research.
The Finland-based Mobile e-services bazaar will be a means of giving application providers HP's support in terms of development, marketing and financing. Other sites will be developed in the near term.
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Hewlett-Packard
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