Hewlett Packard Enterprise Co Stock Price, News & Analysis

HPE announced major advancements to its GreenLake cloud platform, introducing three key solutions: HPE VM Essentials for unified virtualization management, promising up to 5x TCO savings; HPE Alletra Storage MP X10000 for high-performance object storage, delivering up to 6x faster performance versus competitors; and new disconnected management solutions for regulated environments.

The company also expanded its AI ecosystem through the Unleash AI program, adding six new partners: Codeium, Contextual.AI, Dataiku, IronYun, Securiti, and Writer. The X10000 storage solution offers up to 20x data reduction and will be generally available in December 2024.

Deloitte and Hewlett Packard Enterprise (HPE) have expanded their collaboration to implement HPE Private Cloud AI with NVIDIA, aiming to accelerate Generative AI adoption for enterprises. The solution combines HPE's AI storage, compute, and GreenLake cloud with NVIDIA's AI computing capabilities. According to Deloitte's research, most organizations have moved only 30% or fewer of their GenAI experiments into production. The collaboration focuses on enabling on-premises AI deployments, offering solutions like AI Factory as a Service, Hybrid By Design, C-Suite AI™, and Quartz AI™ Suite to help businesses implement industry-specific AI applications while maintaining data security and control.

Nationwide Building Society has selected HPE GreenLake cloud for its private cloud deployment as part of its hybrid cloud strategy. The implementation aims to improve operational resilience, ensure compliance, and enhance digital customer experience. The partnership includes HPE GreenLake Management Services to automate infrastructure management and deliver infrastructure as code. The consumption-based model is expected to reduce Nationwide's IT cost base by at least 30%. The solution also provides monitoring of energy consumption and emissions, while supporting infrastructure efficiency and environmental sustainability through asset recycling.

Hewlett Packard Enterprise (NYSE: HPE) has announced it will host a live audio webcast to discuss its fourth quarter and full year fiscal 2024 financial results. The conference call is scheduled for Thursday, December 5, at 4:00 p.m. CT (5:00 p.m. ET). The webcast will be accessible at www.hpe.com/investor/2024Q4Webcast, with a replay available for approximately one year after the event.

HPE announces new high-performance computing and AI infrastructure portfolio, including HPE Cray Supercomputing EX solutions and two systems for large language model training. The portfolio features industry's first 100% fanless direct liquid cooling system architecture and includes new compute blades, accelerator blades, interconnect solutions, and storage systems. The HPE ProLiant Compute XD server family introduces two new servers: XD680 with Intel Gaudi 3 AI accelerators and XD685 with NVIDIA H200 or Blackwell GPUs, designed for AI training and tuning workloads. Most new products will be available between early 2025 and fall 2025.

TEPCO SYSTEMS, the IT and engineering services company of Japan's leading power utility group, has chosen HPE GreenLake cloud to advance its data-driven decarbonization efforts. The company will leverage HPE's technology to harness data and AI for creating innovative business services supporting net-zero goals. The TEPCO Data Hub, built with HPE Ezmeral Software, processes data from operations serving approximately 29 million customers through 9,300 miles of power lines. The company expanded its TEPcube infrastructure-as-a-service into a platform-as-a-service business with TEPCO Data Hub, providing a foundation for organizations contributing to a lower-carbon footprint society.

HPE has unveiled the industry's first 100% fanless direct liquid cooling systems architecture to enhance energy and cost efficiency for large-scale AI deployments. This innovation was introduced at HPE's AI Day, showcasing the company's expertise in AI across various sectors. The new architecture aims to address the increasing power consumption in AI adoption by offering a more efficient cooling solution.

Key features of the system include:

• An 8-element cooling design
• High-density and high-performance system design
• Integrated network fabric design for massive scale
• Open system design for flexibility in accelerator choice

The architecture promises a 90% reduction in cooling power consumption compared to traditional air-cooled systems and a 37% reduction in cooling power required per server blade compared to hybrid direct liquid cooling. This innovation builds on HPE's experience in developing 7 of the top 10 supercomputers on the Green500 list.

HPE has unveiled the HPE ProLiant Compute XD685, a new system designed for complex AI model training tasks. This solution is powered by 5th Gen AMD EPYC processors and AMD Instinct MI325X accelerators, optimized for high-performance, secure, and energy-efficient AI clusters. The system supports eight AMD Instinct MI325X accelerators and two AMD EPYC CPUs, offering both air and direct liquid cooling options.

Key features include:

• A modular, compact 5U chassis for quick deployment
• Flexibility to accommodate various GPUs, CPUs, and cooling methods
• Integration of HPE iLO for secure management
• Optional direct liquid cooling for improved efficiency
• Support for HPE Performance Cluster Manager

The HPE ProLiant Compute XD685 is available to order now and will be generally available in Q1 2025.

Hewlett Packard Enterprise (NYSE: HPE) has been recognized as a Leader in the 2024 Gartner Magic Quadrant for SD-WAN for the seventh consecutive year. HPE has also been named a Customers' Choice in the 2024 Gartner Peer Insights Voice of the Customer for SD-WAN. The Magic Quadrant evaluation was based on Completeness of Vision and Ability to Execute.

In 2023, HPE strengthened its SD-WAN leadership by acquiring cloud security provider Axis Security. This acquisition allows HPE Aruba Networking to offer a single-vendor SASE solution, combining EdgeConnect SD-WAN and HPE Aruba Networking SSE to meet the growing demand for integrated networking and security solutions delivered as-a-service.

HPE's AI-powered SASE platform provides secure SD-WAN capabilities, addressing modern security needs and protecting against evolving threats. The platform offers performance optimization, cloud onramp, and embedded and partner-integrated security capabilities.