Hewlett Packard Enterprise Company - HPE STOCK NEWS

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), has announced that its ClearPass identity-based access control solution has been recognized by the Cyber Catalyst program from Marsh for its ability to reduce cyber risk. This designation allows customers to qualify for better cyber insurance terms. The global cost of cybercrime is estimated at $1 trillion, with cybersecurity spending expected to reach $230 billion by 2025. ClearPass, along with the Aruba Policy Enforcement Firewall, provides organizations with a comprehensive security solution essential for implementing Zero Trust and SASE frameworks.

Hewlett Packard Enterprise (HPE) announced that the National Tree Company has upgraded its IT infrastructure with HPE Nimble Storage dHCI, improving order processing efficiency by 70%. This transition supports their digital transformation and meets growing customer demands, allowing order processing within 20 minutes compared to overnight. HPE Nimble Storage dHCI recorded a remarkable 280% revenue growth year-over-year. National Tree Company's IT overhaul enables faster decision-making and eliminates backorders, thereby enhancing overall workflow.

Aruba, part of Hewlett Packard Enterprise (HPE), unveiled new capabilities for its SD-WAN portfolio at AWS re:Invent 2020. The integration with AWS Transit Gateway Connect enhances monitoring and management of branch connectivity to AWS, improving performance, security, and ease of use. Key benefits include automated connectivity, reduced setup time, and operational cost savings. This collaboration allows enterprises to better manage distributed networks, responding effectively to modern business needs and enabling optimized cloud transitions for customers like Verisk Analytics.

Hewlett Packard Enterprise (HPE) has announced a significant advancement in high-performance computing (HPC) by introducing its HPC solutions as a service through HPE GreenLake. This innovation allows enterprises to access powerful computing capabilities on a pay-per-use basis, expediting deployment by up to 75% and reducing capital expenditures by 40%. The service addresses the rising demand for HPC driven by AI and data analysis, aiming to simplify complex traditional HPC setups. Initial offerings will be available in spring 2021, facilitating rapid deployment of computing resources.

Hewlett Packard Enterprise (HPE) reported Q4 results for FY20 with net revenue of $7.2 billion, flat year-over-year, but up 6% sequentially. GAAP diluted EPS was $0.12, down from $0.36 last year, yet above expectations. Non-GAAP diluted EPS was $0.37, down from $0.49, exceeding guidance. Intelligent Edge revenue increased by 6%, and High-Performance Compute revenue surged 25%. HPE raised FY21 EPS guidance to $0.38-$0.56, and non-GAAP EPS to $1.60-$1.78. The company is relocating its headquarters to Houston, Texas, and declared a dividend of $0.12 per share.

Hewlett Packard Enterprise (HPE) announced advancements in NASA's Aitken supercomputer, enhancing its computational power with HPE Apollo systems to support the Artemis mission. This expansion, operational in January 2021, focuses on complex simulations crucial for safety during booster separation and launch at Kennedy Space Center. NASA's Aitken supercomputer has already contributed to developing an aerodynamic database and analyzing launch environment effects, improving the mission's safety and efficiency. The supercomputer's first year saw significant energy and water savings, underscoring its operational efficiency.

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), has been recognized as a leader in Gartner's latest "Magic Quadrant for Wired and Wireless LAN Access Infrastructure" for the fifteenth consecutive year. HPE (Aruba) was noted for its strong vision, positioned furthest right in the quadrant, and achieved the highest score in all six use cases in the "Critical Capabilities for Wired and Wireless LAN Access Infrastructure" report. This recognition highlights Aruba's ongoing innovation and ability to meet customer needs.

Hewlett Packard Enterprise (HPE) announced a partnership with Wipro to deliver hybrid cloud and infrastructure solutions as a service. Leveraging HPE GreenLake, Wipro will offer a subscription-based, pay-per-use model, aiding customers in their digital transformation without upfront investments. This collaboration extends their long-standing relationship, aiming to enhance workplace modernization, particularly in the wake of COVID-19. The joint initiative positions HPE GreenLake as a vital resource for businesses seeking agility and security in their IT environments.