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Hewlett Packard Enterprise Company - HPE STOCK NEWS

Welcome to our dedicated page for Hewlett Packard Enterprise Company news (Ticker: HPE), a resource for investors and traders seeking the latest updates and insights on Hewlett Packard Enterprise Company stock.

Hewlett Packard Enterprise Company (HPE) is an American multinational information technology enterprise specializing in business-focused solutions. Founded in 2015 after its split from HP Inc., HPE's core operations span across servers, storage, networking, containerization software, and consulting and support services. The company leverages its extensive portfolio to facilitate hybrid cloud solutions and hyperconverged infrastructure, making it a pivotal entity in the IT sector.

HPE's product lines are centered around compute servers, storage arrays, and networking equipment. The company aims to lead the edge-to-cloud market, helping businesses transition seamlessly to hybrid cloud environments. This strategic focus has led to significant advancements in high-performance computing and edge computing solutions.

Recent achievements for HPE include strategic partnerships and innovative projects aimed at enhancing its service offerings. Notable collaborations have been forged in communications and media solutions, furthering its footprint in these dynamic sectors. Additionally, HPE's investments in cutting-edge technologies have bolstered its market presence and client base globally.

Financially, HPE employs a largely outsourced manufacturing model and operates with a workforce of approximately 60,000 employees worldwide. This approach ensures efficiency and scalability, allowing HPE to meet the evolving demands of its enterprise clients.

For the latest updates on HPE, including recent news and financial performance, visit the official HPE news source or trusted financial news platforms.

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Hewlett Packard Enterprise (NYSE: HPE) has partnered with Wiz Technologies, a managed cloud service provider in Singapore, to offer cloud services for SAP Business One workloads. This initiative introduces WIZTECH Cloud Services powered by HPE Alletra, enhancing performance with 99.9999%+ availability. The collaboration aims to enhance customer experiences by delivering scalable solutions and swift responsiveness. Wiz Technologies seeks to leverage HPE's data services to manage applications efficiently, ultimately driving growth in cloud services tailored for SAP Business One.

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Hewlett Packard Enterprise (NYSE: HPE) announced that Kent State University is standardizing on an end-to-end Aruba ESP network across its eight campuses, enhancing connectivity for its 35,000 students and 5,000 faculty and staff. This deployment includes wired, wireless, management, and security solutions capable of adapting to the university's evolving needs. Key technologies include Wi-Fi 6 access points, CX Series switches, and advanced management tools like ClearPass and NetEdit for operational efficiency.

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Hewlett Packard Pathfinder is ramping up its venture capital investments to support HPE's edge-to-cloud strategy. The initiative will begin with three new investments addressing key customer challenges in the edge, cloud, and data sectors. The investments include Cellwize, which aids 5G network deployment; vFunction, focusing on modernizing legacy applications; and SingleStore, which offers a unified database solution. These moves aim to enhance HPE's customer offerings and technological innovations.

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Hewlett Packard Enterprise (NYSE: HPE) has partnered with ARK Multicasting to enhance its next-gen ATSC 3.0 broadcast internet network.

This collaboration aims to address connectivity challenges in rural areas of the U.S. by transitioning ARK from traditional broadcasting to an edge-to-cloud model.

Employing HPE's software and infrastructure, ARK can deliver wireless IP content and manage spectrum allocation efficiently, crucial for services like distance learning and connected vehicles.

HPE's solutions help ARK quickly set up channels and monitor customer usage, enhancing operational agility.

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Aruba, part of Hewlett Packard Enterprise (HPE), has launched the Aruba CX 10000 Series Switch, the industry's first Distributed Services Switch. This solution allows enterprises to deploy software-defined services directly where data is created, eliminating the need for legacy hardware. It boasts significant improvements in performance and cost-efficiency, offering up to 100x scale and 10x performance at one-third the total cost of ownership (TCO) compared to traditional models. The switch will be available starting January 2022 at a starting price of $45,000 USD.

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Hewlett Packard Enterprise (NYSE: HPE) announced the upgrade of Eni's HPC4 supercomputer to enhance energy source discovery. The new supercomputer, delivered via HPE GreenLake, doubles storage capacity to 10 petabytes and improves computational performance for complex energy modeling. This upgrade aims to increase sustainability by optimizing energy usage and reducing operational costs. The HPC4 will be housed in Eni's Green Data Center in Italy and utilizes advanced HPE ProLiant servers equipped with cutting-edge processors and GPUs.

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Hewlett Packard Enterprise (NYSE: HPE) announced that CARDNET, Japan's leading credit card payment network, has selected the HPE GreenLake edge-to-cloud platform to enhance its mission-critical settlement services. This decision comes amid a significant rise in digital payment demand, with CARDNET reporting a 118% increase in transaction volume in 2020. The platform offers a pay-per-use model that ensures data security, compliance, and can scale with fluctuating business demands. HPE's collaboration with TIS Inc aims to support this modernization, leveraging advanced technology for improved performance and reliability.

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Hewlett Packard Enterprise (NYSE: HPE) will hold its virtual Securities Analyst Meeting on October 28, featuring insights from CEO Antonio Neri and CFO Tarek Robbiati. The meeting aims to outline HPE's vision, strategy, and financial outlook for the coming period. Investors can join the live webcast at 3:30 p.m. ET / 12:30 p.m. PT by visiting www.hpe.com/investor/SAM2021. Further investor details are available at investors.hpe.com.

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Hewlett Packard Enterprise (NYSE: HPE) has partnered with daa to implement the HPE GreenLake edge-to-cloud platform at Dublin and Cork airports. This upgrade enhances mission-critical services such as passenger handling and security without upfront costs, employing a pay-as-you-go model. During the pandemic, daa faced financial scrutiny, and GreenLake's pricing structure facilitated cost management. The migration was completed swiftly with ongoing support from HPE, ensuring security and performance. The project reflects HPE's commitment to critical infrastructure in Ireland.

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FAQ

What is the current stock price of Hewlett Packard Enterprise Company (HPE)?

The current stock price of Hewlett Packard Enterprise Company (HPE) is $22.1 as of November 22, 2024.

What is the market cap of Hewlett Packard Enterprise Company (HPE)?

The market cap of Hewlett Packard Enterprise Company (HPE) is approximately 28.8B.

What does Hewlett Packard Enterprise Company (HPE) do?

HPE is a multinational IT company specializing in servers, storage, networking, containerization software, and consulting services.

When was HPE founded?

HPE was founded in 2015 after its split from HP Inc.

What is HPE's primary goal?

HPE aims to be a leading edge-to-cloud company, enabling hybrid cloud solutions and hyperconverged infrastructure.

What are the main product lines of HPE?

HPE's main product lines include compute servers, storage arrays, and networking equipment.

How many employees does HPE have?

HPE employs approximately 60,000 people worldwide.

What is HPE's manufacturing model?

HPE uses a primarily outsourced manufacturing model to ensure efficiency and scalability.

In which sectors has HPE invested recently?

HPE has made significant investments in communications and media solutions.

What are some recent achievements of HPE?

Recent achievements include strategic partnerships and advancements in high-performance computing and edge computing solutions.

Where can I find the latest news about HPE?

You can find the latest news about HPE on the company's official news source or trusted financial news platforms.

What is HPE’s approach to hybrid cloud solutions?

HPE’s portfolio enables seamless transitions to hybrid cloud environments, facilitating edge-to-cloud solutions.

Hewlett Packard Enterprise Company

NYSE:HPE

HPE Rankings

HPE Stock Data

28.79B
1.29B
0.4%
86.16%
2.55%
Communication Equipment
Computer & Office Equipment
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United States of America
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