HPE

HPE. Hewlett Packard Enterprise is a global, edge-to-cloud company that provides a comprehensive portfolio of technology solutions, including high-performance compute, intelligent data storage, and advanced networking platforms. Formed from the historic split of the original Hewlett-Packard company, it focuses on enterprise-grade infrastructure, software, and services for businesses and governments worldwide. The company is headquartered in Spring, Texas, and is a key player in driving digital transformation through innovations in hybrid cloud, artificial intelligence, and high-performance computing.

History

The company's lineage traces directly to the iconic Silicon Valley garage where Bill Hewlett and David Packard founded Hewlett-Packard in 1939. Following decades of growth into a diversified technology giant, the corporation underwent a major separation in 2015. This strategic move, led by then-CEO Meg Whitman, cleaved the personal computer and printer businesses, which became HP Inc., from the enterprise-focused technology infrastructure, software, and services units, which were launched as the independent Hewlett Packard Enterprise. A significant subsequent divestiture was the 2017 spin-off and merger of its Enterprise Services division with Computer Sciences Corporation to form DXC Technology. Further refining its portfolio, HPE merged its Software business with Micro Focus International in a transaction completed that same year. Under the leadership of Antonio Neri, who became CEO in 2018, the company has aggressively pursued an edge-to-cloud strategy, marked by strategic acquisitions such as Cray Inc. in 2019 to bolster its supercomputing capabilities and Nimble Storage prior to the split for adaptive flash storage.

Products and services

HPE's portfolio is built around several core technology pillars. Its HPE ProLiant and mission-critical HPE Integrity servers are industry standards in data center compute. In storage, offerings range from the all-flash HPE Alletra and HPE Primera arrays to the hyperconverged HPE SimpliVity platform. The Aruba Networks subsidiary, acquired in 2015, provides a leading portfolio of wireless LAN, SD-WAN, and Internet of Things connectivity solutions under the Aruba ESP (Edge Services Platform) banner. For hybrid cloud, the HPE GreenLake platform delivers its entire portfolio as a service, enabling a cloud consumption model for on-premises and edge environments. Its high-performance computing solutions, powered by acquired technology from Cray Inc., include the HPE Cray EX supercomputers and the Slingshot interconnect, which are used by major research institutions like the National Oceanic and Atmospheric Administration and the Frontier system at Oak Ridge National Laboratory.

Corporate affairs

HPE is incorporated in Delaware and maintains its global headquarters in Spring, Texas, within the Houston metropolitan area. The company operates globally with major research and development facilities in locations such as Fort Collins, Colorado, and Bangalore, India. Antonio Neri serves as President and Chief Executive Officer, while Pat Russo is the independent Chairman of the Board of Directors. HPE places a strong emphasis on sustainability and corporate responsibility, with goals aligned to the Paris Agreement and initiatives like the HPE Living Progress strategy. The company is a founding member of the Cyber Threat Alliance and actively participates in standards bodies and consortiums like the Green Grid and the Open Compute Project. Its extensive partner ecosystem includes global system integrators like Accenture and technology alliances with firms such as Microsoft, Intel, and AMD.

Financial performance

As a publicly traded company on the New York Stock Exchange under the ticker HPE, the firm reports its financial results quarterly. For its fiscal year 2023, HPE reported annual revenue of US$29.13 billion, with its Intelligent Edge segment, driven by Aruba Networks, and its Compute segment being significant contributors. The company's strategic shift towards the as-a-service model is reflected in the growth of its HPE GreenLake platform, which reported a substantial increase in annualized revenue run rate. HPE's financial strategy includes returning capital to shareholders through dividends and share repurchases, while also investing in research and development and strategic acquisitions to fuel future growth in areas like AI and edge computing.

See also

* HP Inc. * Dell Technologies * IBM * Cisco Systems * Lenovo * Supercomputer * Hybrid cloud * Aruba Networks

Category:Companies listed on the New York Stock Exchange Category:Computer hardware companies of the United States Category:Cloud computing providers Category:Companies based in Texas