HP has signed a multimillion dollar, three-year applications services agreement with 3M to develop and manage a large portion of 3M’s applications portfolio, including mission-critical software used in engineering, demand planning, sourcing, manufacturing, human resources and finance.
The company said that this alliance will enable 3M to improve productivity, enabling the company to get innovative products into the market more quickly.
Janel Haider, director of Applications COE at 3M, said: "Our mission-critical applications are key to achieving 3M’s strategic objectives of increasing production capacity, expanding global capabilities and containing costs – all vital to our business success.
"With HP applying its proven capabilities as our applications services partner, we will have the ability to more efficiently and cost-effectively scale production up and down based on dynamic global market demands."
A research and development leader, 3M will benefit from the best practices and processes HP uses in its Enterprise Application Solutions for Oracle, applications development and management services.
In addition to improvement in decision making and enhance service-level predictability, HP’s applications testing and quality assurance services can help 3M avoid defects, reduce rework and lower the cost of delivering high-quality applications.
Darl Davidson, vice president of US Manufacturing Industry Group at HP Enterprise Services, said: "HP’s proven applications and manufacturing industry expertise will help 3M adapt to changing business needs and invest in innovation for future growth."
HP said that it currently provides products and services for 3M in support of its infrastructure, printing, personal computers, data center hardware and software.