Centrica Selects HP for $400 Million Technology Migration

PALO ALTO, Calif.--(BUSINESS WIRE)--HP Enterprise Services UK Limited today announced that Centrica plc has signed a seven-year outsourcing services agreement worth more than $400 million.

“The combination of HP’s technology and services – such as cloud computing – helps us create the innovative, integrated, end-to-end solutions customers like Centrica need to more effectively and efficiently achieve market, cost and environmental objectives.”

With the new agreement, HP (NYSE:HPQ) will enable Centrica to move to a utility-based private cloud computing environment that will support Centrica’s change program, improve speed of deployment, help lower costs and support the company’s environmental objectives.

“Centrica is striving to improve our ability to respond to market changes to supply gas and electricity to homes and businesses more efficiently,” said Dave Bickerton, group chief information officer, Centrica. “We value HP’s utility computing capabilities and quality solutions that are flexible, cost-effective and help reduce our carbon footprint.”

HP will deliver Utility Services that support Centrica’s migration to a private cloud- and utility-based computing environment enabling greater flexibility to reliably respond to changing business conditions. Centrica will have access to next-generation technology with just the right computing capacity to meet its needs with minimum cost and environmental impact. Centrica also will have access to HP’s enterprise cloud-computing services to enable better data access and new products and services for its customers.

HP will provide these services from two of its data centers in the United Kingdom, including one in Wynyard cited by the Uptime Institute for its eco-friendliness. Centrica will benefit from remote data center support delivered from HP Best Shore global delivery centers in India, Malaysia and the Philippines. Centrica also will use considerable project and applications services from HP to support the Centrica-led migration.

“The utility industry around the world is making great strides using technology to support an Instant-On enterprise that gives businesses and consumers more control over their energy usage and utilities more options in how they deliver energy,” said Mike Nefkens, senior vice president and general manager, HP Enterprise Services – EMEA. “The combination of HP’s technology and services – such as cloud computing – helps us create the innovative, integrated, end-to-end solutions customers like Centrica need to more effectively and efficiently achieve market, cost and environmental objectives.”

In a world of continuous connectivity, the Instant-On Enterprise embeds technology in everything it does to serve customers, employees, partners and citizens with everything they need, instantly.

About HP

HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2010 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2009. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2011 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.