Hewlett Packard Enterprise Company - HPE STOCK NEWS

Hewlett Packard Enterprise (NYSE: HPE) will host a live audio webcast on December 1, 2020, at 5:00 p.m. ET to discuss its fourth quarter financial results for fiscal 2020. The period covered ended on October 31, 2020. Interested parties can access the webcast at www.hpe.com/investor/2020Q4Webcast, where a replay will be available for approximately one year. HPE specializes in edge-to-cloud solutions, enhancing operational performance and value extraction from data.

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), has partnered with The Howard Hughes Corporation (NYSE: HHC) to deploy an Aruba ESP-based network across its master-planned communities. This infrastructure aims to enhance connectivity, providing seamless experiences for visitors and residents at award-winning properties like Summerlin and Bridgeland. The rollout includes advanced technologies such as Wi-Fi 6 APs, Aruba CX Switches, and Aruba Central for cloud-native management, as well as Aruba Air Pass for smooth transitions between cellular and wireless networks.

Hewlett Packard Enterprise (HPE) has enhanced its HPE Partner Ready Program to support partners in the as-a-service transition and to capture opportunities in the SMB segment. Key updates include AI-powered proposal tools, improved sales certifications, and competitive compensation models that offer 3x-5x higher rewards for strategic sales. HPE's channel, comprising over 80,000 partners, has driven an 85% YoY growth in indirect HPE GreenLake orders. The program emphasizes partner feedback, offering tailored learning and support to foster growth and joint success.

Hewlett Packard Enterprise (HPE) announced that Macrogen has chosen HPE GreenLake to enhance its IT operations. This collaboration aims to efficiently manage fluctuating demands in processing large-scale medical data while ensuring compliance with data privacy. Macrogen serves over 18,000 clients in 153 countries and is recognized for its genetic analysis capabilities. HPE GreenLake provides a cost-efficient, scalable solution with pay-per-use billing, allowing Macrogen to optimize storage and computing resources during peak periods, thereby improving operational efficiency and reducing costs.

Hewlett Packard Enterprise (HPE) has partnered with YF Life Insurance International Ltd. to support the company's digital transformation using HPE GreenLake services. YF Life, the first insurance firm in Hong Kong to adopt these services, aims to enhance online sales platforms and customer experiences for digital-native generations. The collaboration includes HPE Synergy and HPE 3PAR StoreServ, offering scalable, secure infrastructure. YF Life expects a three-year ROI with a 15% reduction in deployment time and 35% lower capital expenditures due to HPE's solutions.

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), announced a collaboration with the Pentagon to modernize its classified and unclassified networks. The project will support tens of thousands of devices, streamlining network administration through Aruba's ESP-based architecture. The Pentagon will replace legacy Cisco switches with over 150,000 Aruba ports and enhance its wireless network with 3,000 additional access points. This modernization aims to improve operational efficiency, automate secure device access, and reduce IT overhead.

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), announced that its Aruba Central platform has achieved a formal “In Process” designation with the Federal Risk and Authorization Management Program (FedRAMP). This designation marks Aruba Central as the first AI-powered networking solution to undergo FedRAMP certification. This achievement reflects Aruba's commitment to delivering secure network solutions as government agencies seek reliable cloud services.

Hewlett Packard Enterprise (HPE) has secured a contract exceeding $160 million from the European High Performance Computing Joint Undertaking (EuroHPC JU) to develop one of the world's fastest supercomputers, known as LUMI, in Finland. This pre-exascale system will achieve a theoretical peak performance of over 550 petaflops, equating to the power of 1.5 million laptops. The system, featuring AMD EPYC CPUs and AMD Instinct GPUs, will enhance research in diverse fields, including healthcare, AI, and weather forecasting, and is expected to be operational by mid-2021.