Computer firm HP has re-structured its HP Labs research division in order to focus efforts on fewer, bigger projects, and to speed up the process of tech transfer, the company said at the end of last week.
The network of 23 individual labs situated all over the world will focus on five areas of research: information explosion, dynamic cloud services, content transformation, intelligent infrastructure and sustainability.
The labs will pursue 20 to 30 large research projects – instead of the 150 smaller projects in the past – based on insight gained from newly expanded relationships with universities, partners, customers and venture capitalists, HP said.
Lab researchers will turn discoveries into commercial offerings under the guidance of a new review board composed of HP technologists and business executives. Review board members will identify the most promising research areas and build business plans for projects early in their research life cycles, HP said.
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