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HP Labs senior VP of research and director Prith Banerjee is leaving HP.
Prith Banerjee, senior vice president of research and director of HP Labs, is leaving HP effective April 15, 2012. He will be assuming a role outside the company.
Prith has been a strong contributor to HP’s product innovation and has substantially increased the visibility of Labs within the business. He’s led breakthrough research, including data de- duplication, flexible displays, the memristor and nano-technology sensors (CeNSE).
Meanwhile, Chandrakant Patel, senior fellow and director of the Sustainable Ecosystems Research Group, will serve as the interim director of HP Labs until a permanent successor is identified.
Chandrakant is an HP veteran who has been with the company for 25 years. His team has taken numerous technologies to market, including innovations that span servers to data centers, such as the current research in sustainable data centers which is being transferred to HP enterprise business.
Meg Whitman, HP CEO:
HP Labs generates the research that turns ideas into products. As you have heard me say, one of our goals is to improve the connection between Labs and the business, so we can accelerate the path to market and translate innovation into business results.
We believe Meg Whitman is shaking R&D to make changes.
Meg Whitman wants to see more innovation/manufacturing coming out from HP.
The most prominent innovation to come out of HP Labs in recent years has been the development of the memristor, a type of circuit that allows the creation of memory chips that are fast, like conventional DRAM memory, but also hold information when they lose their power supply, like flash memory. HP disclosed that it had proven the memristor’s existence in 2008 — it had before that time been only theoretical — but four years later there are as yet no products based around it.
At the Stanford Institute for Economic Policy Research's annual economic summit at Stanford Universityon Friday March 9, HP CEO Meg Whitman told those attending the event:
"This notion that we can separate innovation from manufacturing is wrong-headed. There's an interplay between discovery and the manufacturing process,"
"I don't subscribe to the notion that we'll do all the innovation" and let other countries do the manufacturing, she said.
At HP, Meg Whitman said one of her first acts as CEO was to make HP Labs one of her direct reports, given the importance of innovation on the tech giant's future.
She said that HP has under-invested in research and development over the last four to five years. Whitman says she wants to see more innovation coming out of HP.
"I'd like to get back to organic innovation," Meg Whitman said of HP. "We've veered too much to the acquisition of revolutionary innovation."
She said that HP has under-invested in research and development over the last four to five years. Whitman says she wants to see more innovation coming out of HP.
Sources: allthingsd and WorldWide Tech & Science.
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