Hewlett Packard Enterprise Company - HPE STOCK NEWS

Aruba, a Hewlett Packard Enterprise company, shared insights at NRF 2023 on how retailers will adopt technology to enhance customer experiences in the coming year. As consumer preferences shift, retailers must create personalized shopping experiences while managing operational costs. The report highlights five key trends:

• Immersive in-store experiences via AR/VR.
• Diverse delivery options, including hybrid models.
• Smarter in-store technologies for efficiency.
• Intelligent inventory management using predictive tech.
• Livestreaming to connect with customers.

Retailers are encouraged to consider Network-as-a-Service (NaaS) as an agile solution to support these innovations.

Hewlett Packard Enterprise (NYSE: HPE) has announced the acquisition of Pachyderm, a software startup specializing in automating machine learning pipelines for large-scale AI applications. This integration aims to enhance HPE's AI-at-scale offerings by providing a more efficient and cost-effective platform for customers transitioning from proof of concept to production. The combined solution will aid in developing accurate AI models faster, supporting industries like defense, life sciences, and manufacturing. The deal is expected to close this month without regulatory hurdles.

Hewlett Packard Enterprise (NYSE: HPE) appointed Frank D’Amelio to its Board of Directors, effective immediately. D’Amelio, a former CFO at Pfizer, brings over 40 years of experience in finance and operations, with a proven track record of market-cap growth, including a $165 billion increase during his tenure at Pfizer. He will also serve on the Board's Audit Committee. D’Amelio stated his excitement to join HPE amid its transformation strategy and emphasized the company's edge-to-cloud positioning.

Aruba, a subsidiary of Hewlett Packard Enterprise (NYSE: HPE), has again been named a Leader in the Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure. The company excelled in all five Use Cases of Gartner's Critical Capabilities report, especially in Remote Branch Office and WLAN-Only Refresh/New Build categories. Recognized for its AI-powered Aruba ESP, the company offers solutions like cloud-native management, Wi-Fi 6 access points, and Zero Trust security. This marks the 17th recognition for Aruba, reflecting strong market position and innovative capabilities.

Hewlett Packard Enterprise (NYSE: HPE) announced that its Aruba technology powers the immersive Star Wars: Galactic Starcruiser experience at Walt Disney World Resort. The attraction allows guests to engage in a unique two-night adventure featuring missions and themed activities, supported by Aruba’s advanced network infrastructure. This initiative is part of Disney's 50th Anniversary celebration and aims to deliver seamless connectivity for guests. The Galactic Starcruiser has received industry recognition, including Thea Award for Outstanding Achievement.

Hewlett Packard Enterprise (NYSE: HPE) has announced a partnership with the 2023 Ryder Cup to provide advanced technological solutions at the event in Rome, Italy, scheduled for September 2023. As the Official Supplier, HPE will implement a high-performance wired and wireless network platform, enhancing connectivity and data processing for over 250,000 attendees. Utilizing the HPE GreenLake edge-to-cloud platform, the initiative aims to improve fan engagement, sponsorship opportunities, and operational efficiency while prioritizing sustainability amidst technological challenges.

Hewlett Packard Enterprise (NYSE: HPE) has announced major updates to HPE GreenLake, enhancing its hybrid cloud capabilities. Key features include expanded container deployment options via Amazon EKS Anywhere and six workload-optimized instances that simplify pricing and consumption. The partner ecosystem now includes Red Hat OpenShift and VMware, providing customers broader service options. Additionally, HPE GreenLake is available in 52 countries, with new consumption analytics offering improved budgeting insights. HPE continues to support over 65,000 customers globally, leveraging its edge-to-cloud strategy.

Hewlett Packard Enterprise (HPE) reported strong financial results for Q4 and fiscal year 2022. Revenue reached $7.9 billion, marking a 7% increase year-over-year, while annual revenue totaled $28.5 billion, up 3%. The company achieved an annualized revenue run-rate of $936 million, reflecting a 17% growth. However, GAAP diluted EPS fell to ($0.23) due to a $905 million goodwill impairment. Looking ahead, HPE estimates Q1 2023 revenue between $7.2 billion and $7.6 billion and maintains a fiscal 2023 revenue growth outlook of 2%-4%.