Hewlett Packard Enterprise Company - HPE STOCK NEWS

Hewlett Packard Enterprise (NYSE: HPE) partners with Yahoo! JAPAN to enhance sustainability by utilizing HPE Asset Upcycling Services for end-of-use hardware. This initiative supports Yahoo! JAPAN's commitment to carbon neutrality and responsible IT asset management. HPE's services will secure and refurbish obsolete equipment, ensuring data security and extending the lifecycle of IT assets. In 2021, HPE reused about 85% of over three million returned assets, sharing the generated revenue with clients to fund new projects.

Hewlett Packard Enterprise (NYSE: HPE) will hold a live audio webcast to discuss its financial results for the fourth quarter of fiscal 2022, ending October 31, 2022. The conference call is set for November 29, 2022, at 4:00 p.m. CT (5:00 p.m. ET). The webcast can be accessed at www.hpe.com/investor/2022Q4Webcast. A replay will be available shortly after the call and will remain online for about a year. HPE is focused on providing edge-to-cloud solutions that enhance operational performance and unlock data value.

HPE and VMware have announced a partnership to deliver HPE GreenLake for VMware, aimed at creating a unified, modern hybrid cloud solution. The collaboration is designed to help organizations address the complexities of cloud management with a pay-as-you-go model. This integrated service focuses on offering flexibility and choice, enabling customers to optimize their infrastructure across various environments. Expected to be available in the first half of 2023, this solution enhances the operational framework for over 200,000 shared customers of both companies.

Hewlett Packard Enterprise (NYSE: HPE) has launched its next-generation compute portfolio, featuring HPE ProLiant Gen11 servers designed for hybrid environments and digital transformation. These servers provide an intuitive cloud experience, enhanced security with HPE's Silicon Root of Trust, and optimized performance for AI and machine learning workloads. Key features include double the I/O bandwidth, 50% more CPU cores, and 33% greater GPU density compared to previous models. HPE GreenLake for Compute Ops Management offers a simplified management interface and carbon footprint tracking.

Hewlett Packard Enterprise (NYSE: HPE) has unveiled a new supercomputer for the Meteorological Service Singapore (MSS), enhancing weather forecasting and climate studies in Singapore and Southeast Asia. The system offers nearly 2X performance with a peak of 401.4 teraflops, utilizing advanced technologies like 3rd Gen AMD EPYC processors and HPE Slingshot. This upgrade allows improved modeling, machine learning capabilities, and sophisticated climate predictions, driving innovation in national digital initiatives.

Hewlett Packard Enterprise (HPE) held its annual Securities Analyst Meeting, where executives presented the company's financial outlook for FY2023 and discussed its growth strategy. CEO Antonio Neri highlighted HPE's edge-to-cloud strategy, anticipating revenue growth of 2-4% for FY2023 and strong margins. The HPE GreenLake platform shows significant promise with over 120,000 users and $7.7 billion total contract value. HPE aims for $1.9 billion to $2.1 billion in free cash flow and a non-GAAP diluted EPS between $1.96 and $2.04 for FY2023.

Aruba, a Hewlett Packard Enterprise company, has partnered with OmniClouds by signing a strategic Managed Service Provider (MSP) agreement during GITEX Global 2022 in Dubai. This collaboration aims to enhance digital transformation and promote HPE GreenLake for Aruba Network as a Service (NaaS) in the Middle East and Africa. The partnership focuses on enabling organizations to efficiently deploy critical use cases such as hybrid work and connected retail. A recent survey indicates that 86% of companies in MESA are interested in NaaS, emphasizing its growing significance.

Hewlett Packard Enterprise (NYSE: HPE) announced the construction of a new supercomputer for the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in Dubai, aimed at enhancing AI research capabilities and supporting the UAE's ambition to lead globally in AI by 2031. The supercomputer will utilize advanced HPE technologies, including AMD EPYC™ processors and NVIDIA A100 GPUs, alongside a four petabyte storage system. This initiative is expected to drive significant advancements in various sectors, including healthcare and sustainability.

Hewlett Packard Enterprise (NYSE: HPE) has been selected by AG, Belgium's leading insurance provider, to modernize its IT infrastructure. HPE will migrate AG's applications from aging mainframe systems to a more flexible, cost-effective open systems solution using HPE Synergy and HPE Primera. This transition aims to reduce operating costs by 75%, enhance agility, and support digital transformation. AG insures around three million policyholders and seeks to improve customer experience by ensuring high availability and resilience in service delivery.