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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University of Stuttgart and Hewlett Packard Enterprise (HPE) to Build Supercomputers Hunter and Herder, Expanding Germany's High-Performance Computing Capabilities (NYSE: HPE)
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Hewlett Packard Enterprise (HPE) announced the appointment of Marie Myers as executive vice president and chief financial officer, effective January 15, 2024. Myers has an extensive financial background, having served as CFO of HP Inc. since 2021 and holding various financial leadership positions at the company for over 20 years. Jeremy Cox, who has been the interim CFO, will return to his previous role as senior vice president, corporate controller, and chief tax officer. Myers' appointment reflects HPE's commitment to driving operational and financial results, as well as its ongoing transformation and growth.
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RaceTrac (NYSE: HPE) collaborates with Hewlett Packard Enterprise to deploy HPE ProLiant servers in every store, enhancing customer experience and optimizing operations. The upgrade also includes HPE Alletra Storage, boosting storage capacity and simplifying data management.
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Hewlett Packard Enterprise (NYSE: HPE) announced at HPE Discover Barcelona 2023 the next series of AI-native and hybrid cloud offerings for machine learning development, data analytics, AI-optimized file storage, AI tuning and inferencing and professional services. These solutions bring together HPE’s leadership in hybrid cloud, supercomputing and AI/ML software to enable organizations to become AI-powered businesses. This is all delivered based on an open, full-stack AI-native architecture that incorporates a curated mix of software and infrastructure designed specifically to accelerate the AI lifecycle.
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Hewlett Packard Enterprise (HPE) (NYSE: HPE) expands its portfolio of purpose-built, AI-native offerings through a strategic collaboration with NVIDIA, aiming to enable enterprises to accelerate AI model training, tuning, and inferencing. The co-engineered, pre-configured AI tuning and inferencing solution is designed to facilitate the customization of foundation models using private data and the deployment of production applications from edge to cloud, offering a comprehensive and accessible AI-native solution for businesses. The new enterprise computing solution for generative AI integrates HPE Machine Learning Development Environment Software, HPE Ezmeral Software, HPE ProLiant Compute, and HPE Cray Supercomputers with the NVIDIA AI Enterprise software suite, including the NVIDIA NeMo framework, to deliver full-stack, out-of-the-box AI solutions. The solution provides the ideal entry point for enterprises of all sizes to start their AI journey, with a focus on AI chatbots and retrieval-augmented generation (RAG) workstreams. HPE Services also offers consulting, workforce training, and deployment solutions, supported by new Global Centers of Excellence for AI and Data in various locations worldwide. Additionally, HPE announced a turnkey supercomputing solution powered by NVIDIA for large enterprises, research institutions, and government organizations, addressing AI model development and training. HPE's new open, full-stack AI-native architecture and the next series of AI-native and hybrid cloud offerings for machine learning development, data analytics, AI-optimized file storage, and professional services were also unveiled at HPE Discover Barcelona 2023.
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Ofinno (NYSE: HPE) selects HPE for private cloud, expects to save up to 90% on monthly operational costs. Founded in 2011, Ofinno is a leading-edge R&D lab for 5G, Wi-Fi, and immersive media technologies, having sold more than 500 patents to consumer electronics, automotive, and telecommunications industries.
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Hewlett Packard Enterprise (HPE) (NYSE: HPE) partners with Korea Telecom (KT) to offer edge-to-cloud connectivity using HPE Aruba Networking EdgeConnect SD-WAN platform. This partnership will provide KT customers with a faster, higher performance, and cost-effective alternative to MPLS networks for global branch office connectivity. HPE also introduces a new globally-managed SD-WAN service for KT customers, leveraging AWS Cloud WAN and HPE Aruba Networking to simplify edge-to-cloud connectivity using the AWS global backbone network.
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Hewlett Packard Enterprise (HPE) announced its fiscal 2023 full-year financial results, reporting revenue of $29.1 billion, a 2% increase from the previous year, and record-breaking gross margin and free cash flow. The company also declared a regular cash dividend of $0.13 per share and estimates first quarter fiscal 2024 revenue to be in the range of $6.9 billion to $7.3 billion.
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Swisslog GmbH (BOEBLINGEN) has selected HPE GreenLake for Private Cloud Enterprise to enhance its IT managed services for intralogistics automation. The new platform will enable Swisslog to deploy new IT services within minutes and automate the resolution of support cases, ensuring a frictionless operation of customers’ intralogistic automation. Swisslog delivers data-driven and robotic solutions for industries such as retail, food and beverage, manufacturing, and consumer goods.
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Hewlett Packard Enterprise (NYSE: HPE) partners with Sauber Motorsport AG to advance aerodynamics of its Formula One race cars by delivering high performance computing as a service via HPE GreenLake from its headquarters in Hinwil, Switzerland. The new HPC system for computational fluid dynamics significantly increases computing performance, enabling engineers to quickly adjust capacity in compliance with FIA rules and safeguard intellectual property. The system is based on HPE ProLiant Gen11 servers equipped with 4th Gen AMD EPYC™ processors and Cray ClusterStor E1000 high-performance storage.
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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 $22.21 as of November 25, 2024.
What is the market cap of Hewlett Packard Enterprise Company (HPE)?
The market cap of Hewlett Packard Enterprise Company (HPE) is approximately 29.0B.
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
29.00B
1.29B
0.4%
86.16%
2.55%
Communication Equipment
Computer & Office Equipment
United States of America
SPRING