Hewlett Packard Enterprise Co Stock Price, News & Analysis

Hewlett Packard Enterprise (HPE) has partnered with University College of the North (UCN) in Manitoba, Canada, to implement HPE Nimble Storage dHCI technology for its IT training course, the InTeRN Project. This initiative aims to empower local women with IT skills, addressing a significant gap in technology education. HPE's dHCI solution provides reliable performance, simplifying management and ensuring high availability. Notably, HPE reported a remarkable 250% year-over-year revenue growth for Nimble Storage dHCI, reflecting its strong market demand.

Hewlett Packard Enterprise (HPE) has joined the Smart Africa Alliance to enhance digital inclusivity by improving access to broadband and ICT services in Africa. HPE plans to support initiatives such as establishing national public clouds in member countries' data centers and sponsoring key projects, including the Transform Africa Summit 2021. HPE aims to leverage its expertise in cloud computing and AI to foster economic development and create equitable technological access across Africa.

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), has partnered with Circa Resort and Casino, launching an end-to-end Aruba ESP-based network. This collaboration delivers immersive guest experiences and saves nearly $500,000 in costs. Features include advanced wired and wireless solutions for high-capacity venues with amenities like Stadium Swim and a three-story Sportsbook. Additionally, the network supports IoT solutions and enhances operational efficiency, backed by Aruba’s AI-enabled technologies and superior technical support, ensuring a competitive advantage in Las Vegas.

Hewlett Packard Enterprise (HPE) reported strong Q2 results for fiscal year 2021, with net revenue of $6.7 billion, an 11% increase year-over-year. GAAP diluted net EPS rose to $0.19 compared to a loss of $0.64 in the previous year. Non-GAAP diluted net EPS was $0.46, exceeding expectations. Free cash flow reached $368 million, marking a substantial improvement. The company raised its full-year guidance, expecting GAAP diluted net EPS of $0.60 to $0.72 and non-GAAP diluted net EPS of $1.82 to $1.94.

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), has launched the first enterprise-grade Wi-Fi 6E solution, the 630 Series of campus access points, starting with the AP-635. This new technology utilizes the 6 GHz band, which significantly expands Wi-Fi capacity, allowing for less congestion and higher-speed connections. The FCC opened the 6 GHz band for unlicensed use in April 2020, and since then, 39 countries have adopted Wi-Fi 6E. This innovation is poised to enhance various industries by providing broader channels and improved performance.

Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), has launched an embedded solution for mobile devices, enhancing real-time visibility into user experiences and application performance. Collaborating with Zebra Technologies, the Aruba User Experience Insight (UXI) software analyzes voice and data traffic, identifying potential issues that could disrupt connectivity. This proactive approach allows IT teams to resolve problems quickly, improving productivity and uptime. The solution targets sectors such as healthcare, logistics, and retail, with availability set for October 2021.

Hewlett Packard Enterprise (HPE) has partnered with Carestream Health to develop an AI-powered healthcare initiative, incorporating HPE GreenLake for Machine Learning Operations (ML Ops) and HPE Ezmeral. This collaboration aims to enhance medical imaging and workflows, leveraging AI to improve accuracy and operational efficiency. The solution will enable hospitals to streamline software updates through cloud services, increasing patient capacity. Carestream's platforms are currently utilized in over 140 countries, and this partnership positions HPE to support Carestream’s scalable AI solutions across a diverse range of equipment.

Hewlett Packard Enterprise (HPE) is set to hold a live audio webcast on June 1, 2021, at 5:00 p.m. ET to discuss its financial results for Q2 of fiscal 2021, which ended on April 30, 2021. Investors can access the webcast at www.hpe.com/investor/2021Q2Webcast. A replay will be available for one year post-event. HPE continues to position itself as a leading edge-to-cloud platform, focusing on delivering innovative technology solutions to enhance operational efficiency and support customer growth.

Hewlett Packard Enterprise (NYSE: HPE) has launched innovations to transform its storage solutions into a cloud-native, software-defined data services business. The new data services platform supports Unified DataOps, aimed at enhancing agility and reducing business risk. Key components include Data Services Cloud Console for unified operations, Cloud Data Services for global infrastructure management, and HPE Alletra, a cloud-native data infrastructure. This initiative derives from a study showing 93% of IT decision makers cite complexity in data management as a barrier to digital transformation.