Hewlett Packard Enterprise Co Stock Price, News & Analysis

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), announced the deployment of an Aruba ESP network at WIPTEC's new 1.7 million-square-foot distribution center in Longueuil, Quebec. WIPTEC, a leader in order fulfillment, processes 85 million parcels annually and sought a robust network to support 10,000 devices, ensuring real-time data access for optimal operations. The upgrade aims to enhance automation, minimize downtime, and improve labor efficiency, vital amidst rising e-commerce demand. WIPTEC plans further upgrades and the establishment of additional fulfillment centers, including a refrigerated one in 2023.

Ficomirrors has adopted the HPE GreenLake edge-to-cloud platform to enhance efficiency in automotive manufacturing. This move aims to support just-in-sequence (JIS) manufacturing, improving production cycles and reducing inventory costs. HPE GreenLake’s flexible IT consumption model allows for scaling operations without large investments. The platform is expected to deliver benefits such as increased resource efficiency, reduced total cost of ownership, and improved data management. HPE GreenLake has over $5.2 billion USD in total contract value and serves around 1200 enterprise customers globally.

Hewlett Packard Enterprise (HPE) provided its outlook for FY22 during a recent virtual Securities Analyst Meeting. The company forecasts a non-GAAP operating profit growth of 10-15% and expects diluted net earnings per share between $1.96-$2.10. Additionally, HPE anticipates free cash flow of $1.8-$2.0 billion in FY22, with a commitment to return at least 60% to shareholders in dividends and share repurchases. HPE projects revenue growth of 3-4% and long-term financial goals include a compound annual revenue growth of 2-4% through FY24.

Hewlett Packard Enterprise (NYSE: HPE) has expanded its partnership with Oil and Natural Gas Corporation Limited (ONGC), India's largest oil and natural gas company, through the deployment of the HPE GreenLake edge-to-cloud platform. The platform will host ONGC's SAP S/4 HANA workloads, enhancing performance, analytics, and transaction processing. This collaboration aims to support ONGC's digital transformation and compliance with regulatory requirements while providing a pay-per-use model for scalability with minimal upfront investment.

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.

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.

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.

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.

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.