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 announced a significant advancement in high-performance computing (HPC) by introducing its HPC solutions as a service through HPE GreenLake. This innovation allows enterprises to access powerful computing capabilities on a pay-per-use basis, expediting deployment by up to 75% and reducing capital expenditures by 40%. The service addresses the rising demand for HPC driven by AI and data analysis, aiming to simplify complex traditional HPC setups. Initial offerings will be available in spring 2021, facilitating rapid deployment of computing resources.
Hewlett Packard Enterprise (HPE) reported Q4 results for FY20 with net revenue of $7.2 billion, flat year-over-year, but up 6% sequentially. GAAP diluted EPS was $0.12, down from $0.36 last year, yet above expectations. Non-GAAP diluted EPS was $0.37, down from $0.49, exceeding guidance. Intelligent Edge revenue increased by 6%, and High-Performance Compute revenue surged 25%. HPE raised FY21 EPS guidance to $0.38-$0.56, and non-GAAP EPS to $1.60-$1.78. The company is relocating its headquarters to Houston, Texas, and declared a dividend of $0.12 per share.
Hewlett Packard Enterprise (HPE) announced advancements in NASA's Aitken supercomputer, enhancing its computational power with HPE Apollo systems to support the Artemis mission. This expansion, operational in January 2021, focuses on complex simulations crucial for safety during booster separation and launch at Kennedy Space Center. NASA's Aitken supercomputer has already contributed to developing an aerodynamic database and analyzing launch environment effects, improving the mission's safety and efficiency. The supercomputer's first year saw significant energy and water savings, underscoring its operational efficiency.
Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), has been recognized as a leader in Gartner's latest "Magic Quadrant for Wired and Wireless LAN Access Infrastructure" for the fifteenth consecutive year. HPE (Aruba) was noted for its strong vision, positioned furthest right in the quadrant, and achieved the highest score in all six use cases in the "Critical Capabilities for Wired and Wireless LAN Access Infrastructure" report. This recognition highlights Aruba's ongoing innovation and ability to meet customer needs.
Hewlett Packard Enterprise (HPE) announced a partnership with Wipro to deliver hybrid cloud and infrastructure solutions as a service. Leveraging HPE GreenLake, Wipro will offer a subscription-based, pay-per-use model, aiding customers in their digital transformation without upfront investments. This collaboration extends their long-standing relationship, aiming to enhance workplace modernization, particularly in the wake of COVID-19. The joint initiative positions HPE GreenLake as a vital resource for businesses seeking agility and security in their IT environments.
Hewlett Packard Enterprise (HPE) has launched new HPE GreenLake cloud services for Virtual Desktop Infrastructure (VDI), catering to the evolving needs of remote workforces. These services offer streamlined management, enhanced security, and cost savings, utilizing partnerships with Citrix, Nutanix, NVIDIA, and VMware. With over 700 partners and more than 1,000 customers, HPE GreenLake continues to grow, boasting a total contract value exceeding $4 billion. The offerings are designed to support various remote worker types, efficiently scaling resources based on organizational needs.
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Hewlett Packard Enterprise (NYSE: HPE) will host a live audio webcast on December 1, 2020, at 5:00 p.m. ET to discuss its fourth quarter financial results for fiscal 2020. The period covered ended on October 31, 2020. Interested parties can access the webcast at www.hpe.com/investor/2020Q4Webcast, where a replay will be available for approximately one year. HPE specializes in edge-to-cloud solutions, enhancing operational performance and value extraction from data.
Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), has partnered with The Howard Hughes Corporation (NYSE: HHC) to deploy an Aruba ESP-based network across its master-planned communities. This infrastructure aims to enhance connectivity, providing seamless experiences for visitors and residents at award-winning properties like Summerlin and Bridgeland. The rollout includes advanced technologies such as Wi-Fi 6 APs, Aruba CX Switches, and Aruba Central for cloud-native management, as well as Aruba Air Pass for smooth transitions between cellular and wireless networks.
Hewlett Packard Enterprise (HPE) has enhanced its HPE Partner Ready Program to support partners in the as-a-service transition and to capture opportunities in the SMB segment. Key updates include AI-powered proposal tools, improved sales certifications, and competitive compensation models that offer 3x-5x higher rewards for strategic sales. HPE's channel, comprising over 80,000 partners, has driven an 85% YoY growth in indirect HPE GreenLake orders. The program emphasizes partner feedback, offering tailored learning and support to foster growth and joint success.