IT and finance industry experts to discuss benefits of running IT departments like a business
Dubai, UAE., May 21, 2012 -- HP Middle East is hosting this week its First Annual Finance Sector Conference in Dubai, where industry experts from both finance and IT sectors will discuss the merits of running IT departments as a business.
Delegates from financial institutions are set to hear from senior representatives from HP and partners, including Gartner, as to how operating their IT systems like a business will improve business performance while automating systems leads to lower cost, reduced risk and faster deployment times, in addition to obtaining real-time control over their environment.
"IT executives of financial services firms face a tough task in balancing a number of objectives, from maximizing return, mitigating risk and improving performance - this has to be achieved in a constantly evolving environment too," said Tayfun Topkoc, Regional Director HP Software, HP Middle East. "At HP we recognize these challenges IT chiefs in the financial industry face, and by hosting the First Annual Finance Sector Conference we'll highlight the range of solutions available to achieve this balance and tackle many of the hurdles encountered by IT executives."
With a strong focus on IT best practice to help meet targets and aims, delegates will discover how their IT organization can build faster, operate simpler, store information more effectively and securely, monitor risks more completely and execute systematically.
In such a rapidly changing IT landscape, there is a need for putting the latest technologies into context which Halil Aksu, a consultant from Gartner, will discuss in his session. With analysis on how trends such as cloud computing, mobile, social and information go beyond impact on just technology, Aksu will highlight how they are changing whole industries, economies, governments, societies and human behaviour. He will look at how this is not the final conclusion and that there is yet more to come that will directly affect how the finance sector utilizes its IT infrastructure.
Additionally, delegates will hear case studies from IT executives involved in implementing software solutions in the banking sector.
HP provides project and portfolio management solutions to better align IT with business making sure that proper governance is in place.
HP software provides quality, performance and security testing solutions to make sure that core banking applications run based on business requirement more efficiently and meeting customer requirements.
The First Annual HP Finance Sector Conference takes place at Atlantis Hotel, Dubai, on May Monday 21st from 9am to 5pm.
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 (NYSE: HPQ) is available at http://www.hp.com.
Microsoft is U.S. registered trademark of Microsoft Corporation.
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, including execution of cost reduction programs and restructuring and integration plans; 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 competitive pressures faced by HP's businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; expectations and assumptions relating to the execution and timing of cost reduction programs and restructuring and integration plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2012 and HP's other filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2011. HP assumes no obligation and does not intend to update these forward-looking statements.
© 2012 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.
Lana El Husseini
HP Middle East
+ 971 4 391 6000
lana.el-husseini@hp.com
Andrew Kennedy
ASDA'A Burson Marsteller
+971 4 334 4550
a.kennedy@asdaa.com
Hewlett‑Packard Middle East
PO Box 17295
Dubai Internet City
Dubai
www.hp.com/me
www.hp.com/go/newsroom
© Press Release 2012
