Word: data
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...Hurd quickly stopped work on product lines like televisions where HP wasn't already either No. 1 or No. 2. Next he consolidated the data centers from which HP conducted its operations, going from 85 to six. Once the financial crisis hit, Hurd slashed salaries across the board, including his own by 20%. "In an environment like this, there's no margin for error and no tolerance for inaction," Hurd wrote in a staff memo last year...
...other companies were scaling back in the past two years, HP was on the hunt for bargains. Hurd found his first in August 2008, when HP spent $13.9 billion to buy the languishing infotech-consulting giant Electronic Data Systems (EDS), a direct play against high-end-services leader IBM. Then last November, HP announced it would pay $2.7 billion for networking concern 3Com, a means to rile Cisco as well as expand HP's footprint in the rapidly growing China market, where 3Com is strong. About 70% of HP's business is overseas...
...January, the social networking site announced that its new data center in Prineville, Ore.—which the company has described as one of the most energy-efficient in the world—would run on coal instead of cleaner energy sources, drawing criticism from environmental activism groups such as Greenpeace...
Considering these essential shortcomings, what is most surprising is that we still trust our models so much. The fact that the mirage of certainty has crept from economics into other disciplines is obvious enough: A famous Harvard government professor often complains that no data-heavy, model-driven graduate student gets a good job in political science these days. Perhaps more importantly, such flawed assumptions have grounded endless flights this week. Just yesterday, EU regulators acknowledged they should have conducted more actual tests rather than outright banning European flights for five days. The EU director general for transport, Matthias Ruete, admitted...
...Using data from the National Epidemiologic Survey on Alcohol and Related Conditions, which represents 34,653 U.S. residents, the researchers found that many of the sexual minority subjects who developed PTSD experienced their most traumatic event before reaching...