Hewlett Packard Enterprise Co Stock Price, News & Analysis

Hewlett Packard Enterprise (NYSE: HPE) will host a live video webcast of its Investor Relations Summit during HPE Discover 2022 in Las Vegas. The event starts on Tuesday, June 28, at 10:00 a.m. PT, featuring a keynote by President & CEO Antonio Neri. Following the keynote, there will be an IR Summit session with Neri and EVP Fidelma Russo at 12:30 p.m. PT. A replay of the webcast will be accessible for approximately one year on HPE’s Investor Relations website.

Hewlett Packard Enterprise (NYSE: HPE) has partnered with Turkish service provider Eclit to launch a new cloud and managed services portfolio using the HPE GreenLake edge-to-cloud platform. This collaboration allows Eclit to enhance its IT services, offering customers flexible, on-demand solutions without large upfront costs. Eclit’s adoption of HPE GreenLake resulted in a 45% increase in IT management efficiency and a 25% improvement in system performance, with total ownership costs reduced by 50%.

Hewlett Packard Enterprise (NYSE: HPE) announces a partnership with Taeknizon, a private cloud service provider, to utilize the HPE GreenLake edge-to-cloud platform for expansion in the UAE. This collaboration will enhance Taeknizon's capability to meet rising demand and support a range of technology services, including IoT and AI. With a focus on financial flexibility, Taeknizon aims to reduce capital investment and improve ROI, facilitated by the scalable features of the HPE platform. The initiative aligns with the UAE’s Digital Government Strategy 2025.

Hewlett Packard Enterprise (NYSE: HPE) has partnered with Datarewind, an IT service provider in Sweden, to implement the HPE Alletra 6000 and HPE ProLiant servers. This collaboration enhances Datarewind's Virtual Desktop Infrastructure (VDI) services, allowing support for up to 100 concurrent users with high-performance and scalable solutions. The new setup drastically reduces task execution times from 40 minutes to just five, greatly improving client satisfaction. This initiative aligns with the increasing demands for robust remote work solutions following the pandemic.

Hewlett Packard Enterprise (HPE) announced that Iliane, a French cloud services provider, has adopted the HPE GreenLake edge-to-cloud platform to enhance its cloud solutions. This platform offers extreme flexibility, scalability, and security, accommodating the growing demands of Iliane's clients through two new datacenters in western France. The partnership aims to expedite resource delivery, reduce operational costs, and minimize environmental impact. HPE GreenLake's capacity-on-demand and pay-per-use model make it a strategic choice for Iliane, promoting long-term business resilience.

Hewlett Packard Enterprise (HPE) reported its Q2 fiscal 2022 results, showcasing strong demand with orders up 20% year-over-year. Revenue reached $6.7 billion, a slight increase of 0.2%, while gross margins remained robust despite supply chain pressures. As-a-Service orders skyrocketed by 107% as HPE focuses on its edge-to-cloud portfolio. GAAP net EPS stood at $0.19, flat from last year, largely due to $126 million in charges linked to Russia. The company maintains a fiscal 2022 revenue growth outlook of 3%-4%.

Hewlett Packard Enterprise (NYSE: HPE) has announced a strategic partnership with SiPearl to develop high-performance computing (HPC) solutions aimed at enhancing Europe's digital sovereignty and supporting exascale systems. This collaboration will combine HPE’s supercomputing solutions with SiPearl’s Rhea processor, targeting next-generation performance and efficiency. The partnership aligns with the EuroHPC initiative to position Europe as a leader in supercomputing, providing advanced technologies for various sectors including drug discovery and climate modeling.

Hewlett Packard Enterprise (NYSE: HPE) announced its Frontier supercomputer has achieved a groundbreaking speed of 1.1 exaflops, making it the fastest in the world, outperforming the next seven supercomputers combined. This innovation allows calculations to be performed up to 10X faster than existing systems, tackling problems 8X more complex. Additionally, Frontier ranks first on the Green500 list for energy efficiency, with 52.23 gigaflops per watt. The supercomputer's contributions will significantly enhance capabilities in areas like cancer research, drug discovery, and renewable energy.