HP Inc. was formed in 2015 following the historic Hewlett-Packard split, which separated enterprise technology (Hewlett Packard Enterprise) from personal systems and printing (HP Inc.). Headquartered in Palo Alto and listed on the NYSE as part of the S&P 500, the company developed HP Instant Ink as a subscription-first model to address ink costs — a direct response to the disruption it documented through a Harvard Business School case study.