HP said it will spend over $3 billion in the next three years on Itanium-related product development. The money will be spent on R&D, software and hardware design, and marketing, all with the aim of increasing its existing flat five-per-cent market share.

HP said it expected Itanium-based server unit sales to constitute over half of its RISC-based unit sales by the end of 2005 and 70 per cent a year later.

With the increased investment, HP plans to add value to the processor by focusing on growth in the two to four-processor server market. HP said that development work is already underway in this area, and that it plans to introduce Itanium-based NonStop servers in 2005.

By: DocMemory
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