Welcome to our dedicated page for Hewlett Packard Enterprise news (Ticker: HPE), a resource for investors and traders seeking the latest updates and insights on Hewlett Packard Enterprise stock.
Hewlett Packard Enterprise Company develops enterprise technology for AI, cloud, networking, compute, storage, edge and high-performance computing environments. Company news commonly covers product launches across HPE ProLiant servers, HPE Compute systems, HPE Aruba Central, HPE Mist, security products, HPE Zerto Software, HPE StoreOnce and HPE Alletra Storage platforms.
Updates also address AI infrastructure initiatives, including NVIDIA AI Computing by HPE, distributed inference and edge deployments, autonomous networking capabilities, cyberthreat research, financing programs, quarterly earnings communications and capital actions tied to its common stock and mandatory convertible preferred stock.
Hewlett Packard Enterprise (HPE) has partnered with NTT WEST Group to implement the HPE GreenLake edge-to-cloud platform, enhancing the 'Regional Revitalization Cloud' in western Japan. This collaboration aims to provide hybrid cloud services to local governments, businesses, and educational institutions, ensuring data sovereignty and supporting digital transformation. The platform will cater to varying needs across 30 prefectures, with initial services launched in Kyoto, Tottori, and Aichi. HPE GreenLake has a total contract value of $5.7 billion, with 900 partners and 1,250 enterprise customers globally.
Hewlett Packard Enterprise (NYSE: HPE) has entered a strategic partnership with Barclays to implement the HPE GreenLake platform as part of Barclays' hybrid multi-cloud strategy. This platform will host over 100,000 workloads across Barclays’ hubs in the UK, USA, and Asia. The collaboration aims to enhance the bank's digital transformation, providing an automated, on-demand cloud experience. Barclays will only pay for consumed resources while benefiting from constant uptime and security, with migration supported by HPE Pointnext Services.
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Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), announced the integration of its SD-WAN solutions with the newly introduced AWS Cloud WAN, enhancing network segmentation capabilities across LANs, SD-WAN, and cloud environments. This integration enables organizations to create secure WAN topologies while simplifying network deployments. Key benefits include improved security compliance, faster setup of network sites, and an automated deployment process. The solution aligns with Aruba's Edge Services Platform and is set for general availability in 2022, showcased at the AWS re:Invent event.
Hewlett Packard Enterprise (NYSE: HPE) has been selected by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) to build the Kestrel supercomputer, enhancing R&D for energy efficiency and renewable energy. Scheduled for completion in 2023, Kestrel will outperform the existing Eagle system by over 5X, achieving approximately 44 petaflops of peak performance. Utilizing advanced HPE Cray EX supercomputer technology, it will support a range of energy initiatives, focusing on sustainable solutions across industries.
Hewlett Packard Enterprise (HPE) reported fiscal year 2021 results, marking a significant 3% revenue growth to $27.8 billion. The company achieved a GAAP EPS of $2.58, up from a loss of $0.25 the previous year, largely due to favorable outcomes from the Itanium litigation with Oracle. Cash flow from operations reached $5.9 billion, while free cash flow amounted to $1.6 billion, a $1 billion increase. HPE forecasts Q1 FY22 GAAP EPS in the range of $0.19 to $0.27 and reaffirms FY22 guidance for GAAP EPS of $1.24 to $1.38.
Hewlett Packard Enterprise (NYSE: HPE) is building a new supercomputer for Thailand's National Science and Technology Development Agency (NSTDA) that is 30X faster than its existing system. The HPE Cray EX system will enhance research in pharmaceuticals, renewable energy, and weather forecasting. This supercomputer aims to boost Thailand's economy and self-reliance by supporting public and private R&D. It features advanced technologies including 496 3rd Gen AMD EPYC processors and NVIDIA A100 GPUs, delivering 13 petaflops of peak performance, and is scheduled for installation in 2022.
Hewlett Packard Enterprise (NYSE: HPE) has partnered with RMIT University to implement the HPE GreenLake platform, enhancing the university's data storage capabilities in response to increased online learning demands. This solution eliminates substantial upfront data storage costs and reduces service delivery resources by 50%. RMIT, which serves 95,000 students, aims to shift from managing infrastructure to enabling value for students. The partnership is expected to foster innovation and improve the educational experience through advanced hybrid cloud infrastructures.
Hewlett Packard Enterprise's Aruba has been recognized as a Leader for the sixteenth consecutive year in Gartner's Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure. In addition, Aruba achieved the highest scores in three out of five use cases in Gartner's Critical Capabilities report, outperforming all competitors. This recognition reinforces Aruba's commitment to a 'customer first, customer last' philosophy and its focus on innovation through Aruba ESP and as-a-service initiatives, signaling strong market leadership and sustained value for enterprises.
Hewlett Packard Enterprise (NYSE: HPE) has announced the construction of 'Adastra,' one of Europe's most powerful supercomputers at CINES, France, as part of a partnership with GENCI. Utilizing the HPE Cray EX system and 3rd Gen AMD EPYC processors, Adastra aims to provide over 70 petaflops, significantly enhancing performance by more than 20X compared to existing systems. This initiative will bolster research in renewable energy, material science, and medical advancements, propelling France's R&D capabilities forward.