HP Helps Molson Coors Move to Cloud

HP Helps Molson Coors Move to Cloud

PALO ALTO, Calif. HP Enterprise Services today announced that Molson Coors Brewing Company is working with HP to transform some of the brewer's finance and human resources (HR) processes and systems in order to reduce costs, increase efficiency and improve access to critical information.

Under the terms of the agreement, HP will support Molson Coors' migration from regional support to a more cost-efficient and flexible HP cloud environment that allows Molson Coors to quickly scale resources up and down as business needs change.

HP's improved Business Process Outsourcing (BPO) platform offers clients more robust workflows, while integrating tightly into enterprise resource planning (ERP) systems to improve operational effectiveness. Molson Coors' move to a cloud hosting environment via the new HP BPO platform will standardize HR and finance processes globally to their corresponding business applications. By better aligning processes and applications, Molson Coors can easily expand into new markets more quickly and cost-effectively.

In the evolving beer market, we look for business solutions that help keep us nimble and flexible, so that we can focus on brewing great beer brands for our consumers, said Gavin Hattersley, chief financial officer, Molson Coors Brewing Company. HP's expertise, along with a scalable, secure solution, delivers the business process services we need to stay competitive.

Molson Coors will receive BPO services from a blend of HP global centers of excellence located in Canada, Costa Rica, India, Poland and the United States. HP's delivery model combines the power of HP technology with experienced professionals around the world and an industrialized delivery model to give Molson Coors greater flexibility and cost efficiency while minimizing risks.

With top brewers joining forces to compete, it's critical for Molson Coors to use the latest processes and technologies to drive even more operational efficiency, said Dennis Stolkey, senior vice president and general manager, Americas, HP Enterprise Services. Under these market conditions, Molson Coors will depend on HP as a trusted advisor to lead its transformation to deliver world-class finance and HR services, allowing the Molson Coors team to focus on what they do best.

HP has provided strategic infrastructure support for Molson Coors since 2005, and finance and administration and HR services since 2008.

HP's premier Americas client event, HP Discover, takes place June 11-13 in Las Vegas.

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, includingbut not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance, market share or competitive performance 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 HPs 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; assumptions related to pension and other post-retirement costs and retirement programs; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2012. HP assumes no obligation and does not intend to update these forward-looking statements.

2013 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.

LINK:	http://www8.hp.com/us/en/hp-news/press-release.html?id=1380580...
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