Hewlett Packard Enterprise Company - HPE STOCK NEWS

Hewlett Packard Enterprise (NYSE: HPE) announced major enhancements to its HPE GreenLake cloud platform, adding 12 new services and integrating Aruba Central networking, which brings 120,000 customers to the platform. HPE GreenLake is now available through major distributors like ALSO Group and Ingram Micro, reaching over 100,000 partners. The platform supports comprehensive multi-cloud experiences and reported $798 million in annual recurring revenue in Q1 2022, with a 136% increase in as-a-service orders year-over-year.

Hewlett Packard Enterprise (NYSE: HPE) announced its collaboration with BMW Group to implement the HPE GreenLake edge-to-cloud platform. This initiative aims to enhance data management for BMW’s electric test vehicles, facilitating quicker market readiness.

The platform unifies global data management, enabling seamless access and analysis for BMW's engineers. Additionally, HPE GreenLake reported $798 million in Annual Recurring Revenue, with 136% growth in as-a-service orders year-over-year, highlighting the platform's robust performance in the cloud services market.

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), announces that Alabama ONE has implemented its Aruba ESP wired and wireless networking solution. This upgrade aims to enhance service efficiency across Alabama ONE's branches, enabling quick setup of new locations and improved member experiences with advanced technologies. Notably, ROI from the implementation is expected within a year. The partnership underscores the growing demand for automated network solutions that drive operational efficiency and member satisfaction.

Hewlett Packard Enterprise (NYSE: HPE) announced a partnership with KDDI, a major Japanese telecommunications provider, to deploy O-RAN compliant 5G base stations using the HPE ProLiant DL110 Gen10 Plus - Telco server. This collaboration aims to enhance 5G availability across Japan, integrating advanced communication services and infrastructure automation. The server supports high bandwidth and low latency applications, designed for edge environments. HPE's contribution to the O-RAN Alliance and Telecom Infra Project highlights its commitment to innovation in the telecommunications sector.

Hewlett Packard Enterprise (NYSE: HPE) reported robust Q1 FY22 results, with revenue reaching $7.0 billion, a 2% increase year-over-year, and order growth up 20% for three consecutive quarters. GAAP diluted EPS of $0.39 exceeded expectations, prompting an upgrade in FY22 EPS guidance to $1.36 to $1.50. As-a-Service orders surged 136%, showcasing strong customer demand despite supply chain challenges. Cash flow showed seasonal declines, with operational cash flow at ($76) million and free cash flow at ($577) million. Shareholder returns totaled $284 million.

Hewlett Packard Enterprise (NYSE: HPE) has partnered with Ayar Labs to develop next-generation silicon photonics solutions aimed at enhancing high-performance computing (HPC) and artificial intelligence (AI) capabilities. This multi-year strategic collaboration includes a significant investment from HPE's venture arm, Hewlett Packard Pathfinder, to drive innovation in optical I/O technology. The joint effort focuses on creating high-speed, low-power optical interconnects to improve the HPE Slingshot interconnect system, crucial for meeting future data demands in the exascale era.

Hewlett Packard Enterprise (NYSE: HPE) is enhancing its enterprise connectivity capabilities by integrating cellular and Wi-Fi technologies for private networking across various sectors. The private 5G solution can be quickly deployed as a service via HPE GreenLake, allowing enterprises to achieve low-latency and secure connections. This solution incorporates the HPE 5G Core Stack and has been tested with partners like Airspan Networks (NYSE American: MIMO). By enabling seamless connectivity, HPE aims to support the growing demand for customized networking solutions.

Hewlett Packard Enterprise (NYSE: HPE) will host a live audio webcast on March 1, 2022, at 4:00 p.m. CT to discuss its financial results for the first quarter of fiscal 2022, which concluded on January 31, 2022. Investors can access the webcast at www.hpe.com/investor/2022Q1Webcast. A replay will be available on the same site for one year post-event. HPE focuses on delivering edge-to-cloud technology solutions, enhancing operational performance for organizations worldwide.

Hewlett Packard Enterprise (NYSE: HPE) has made a groundbreaking advance in quantum problem simulation, reducing the estimated simulation time from 600 million years to just 73 days. This was achieved through new research published in Science Advances, utilizing supercomputers to benchmark computational performances essential for the quantum computing community. Collaborating with the University of Bristol and Imperial College London, HPE's research demonstrates a billion-fold speed-up for Gaussian Boson Sampling problems, showcasing the growing synergy between classical and quantum computing.