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.
Aruba, a Hewlett Packard Enterprise company, has partnered with Columbus Crew to implement a cutting-edge wired and wireless network at Lower.com Field, enhancing fan experience and stadium operations. The installation includes features such as facial recognition ticketing, cashless payments, and high-speed Wi-Fi capable of handling large crowds. These technologies aim to significantly streamline entry processes, reducing wait times by over 50%. This project marks a significant advancement in stadium infrastructure, aligning with HPE's focus on hyper-converged networking solutions.
Hewlett Packard Enterprise (NYSE: HPE) announced significant advancements in cloud services with the launch of HPE GreenLake for analytics and data protection, targeting a big data market projected to reach $110 billion by 2023. These services are designed to enhance operational efficiency and security, addressing cyberthreats through data protection solutions. HPE GreenLake now serves over 1,200 customers with a total contract value exceeding $5.2 billion, showcasing a 33% year-over-year increase in Annualized Revenue Run Rate.
Hewlett Packard Enterprise (HPE) has been recognized by Gartner as a Leader in the 2021 Magic Quadrant for WAN Edge Infrastructure, marking the fourth consecutive year for this distinction. This recognition highlights HPE's capabilities in SD-WAN, reflecting a shift from traditional routers to more decentralized cloud-based solutions. The report evaluated 15 vendors based on their vision and executionability. HPE's acquisition of Silver Peak is noted as enhancing its leadership position in the WAN Edge market.
Hewlett Packard Enterprise (NYSE: HPE) announced a partnership with Chemist Warehouse to modernize its IT infrastructure. The pharmacy chain, which operates over 400 stores and serves 1.5 million customers weekly, will implement a hyperconverged platform and virtual desktop infrastructure (VDI) powered by HPE ProLiant servers. This upgrade aims to enhance productivity, energy efficiency, and operational capabilities as Chemist Warehouse adapts to remote work demands. The new solution is expected to reduce energy consumption by 30%, aligning with the company's sustainability goals.
Summary not available.
Hewlett Packard Enterprise (HPE) announces that its Aruba ESP network has been deployed at the new TQL Stadium for FC Cincinnati, a state-of-the-art venue designed for soccer. Spanning 500,000 square feet, the stadium enhances game day experiences with cashless transactions and seamless connectivity. Aruba's solutions support a fully digitalized environment, including mobile ticketing and rapid food service transactions. The $250 million facility has a capacity of 26,000 and meets FIFA and CONCACAF event requirements, establishing itself as a leading sports venue.
Hewlett Packard Enterprise (HPE) has appointed Fidelma Russo as its new Chief Technology Officer to spearhead the company's innovation agenda. Her role will focus on developing the HPE Greenlake edge-to-cloud platform. With over 30 years of experience in technology leadership and a background at VMware, Dell EMC, and other firms, Russo's expertise in cloud services and infrastructure is expected to enhance HPE's transformation into a cloud services company. This strategic hire aims to accelerate HPE's market offerings and improve customer experiences.
Hewlett Packard Enterprise (HPE) reported strong Q3 2021 results with net revenue of $6.9 billion, up 3% sequentially and 1% year-over-year. Intelligent Edge revenue increased 27% to $867 million, while HPC & MCS revenue grew 11% to $741 million. Diluted GAAP EPS was $0.29, exceeding guidance, and non-GAAP EPS rose 31% to $0.47. Free cash flow reached $1.5 billion, up $1.1 billion year-to-date. HPE raised FY21 EPS guidance to $0.80-$0.88 and free cash flow guidance to $1.5-$1.7 billion.
Hewlett Packard Enterprise (HPE) has finalized the acquisition of Zerto for $374 million, enhancing its HPE GreenLake cloud services portfolio with advanced data management and protection capabilities. The deal positions HPE in the growing data protection market, aiming to generate over $130 million in run-rate revenue with significant software gross margins. This acquisition is expected to boost HPE's recurring revenue and positively impact non-GAAP operating profit starting in FY 2023.
Hewlett Packard Enterprise (NYSE: HPE) has secured a $2B contract with the National Security Agency (NSA) for a period of 10 years. This partnership will leverage HPE's high performance computing (HPC) technology via the HPE GreenLake platform, aiming to enhance the NSA's capabilities in handling AI and data needs efficiently. Starting in 2022, the collaboration will utilize HPE Apollo systems and ProLiant servers, hosted at a QTS data center, to support intensive data processes.