Mike has spent 30 years at HP in development, product management and latterly, product marketing.
Mike's team is responsible for marketing cross-IT solutions for HP Software including cloud, application transformation, and converged infrastructure.
Checks are deposited with human intervention - yours and mine which are free to the bank. I just earned 0.03 on my monthly intertest checking and the bank charges me 5.25%on my mortgage. Yes, I like electronic bill pay and despositing checks on my mobile phone, but banks seem greedier and prone to taking dangerous risks with depositors' funds. The pendulum has swung toward more conservatism since the 2008-09 bank meltdown, but if regulators look up for a second, banks will return to those ways (not so much community banks).
Yes, banks need to be more efficient by using the cloud, but some of the savings and efficiencies should be passed along to customers, i.e. depositors.
The number of small/medium businesses in the world is growing. This is, of course, recognized by governments – many Prime Ministers and Presidents are looking to SMB’s to lead their countries out of recession.
I see this trend inside HP marketing. We are increasingly using SMB’s for campaign material generation, newsletter generation, and so on.