Showing posts with label HPE. Show all posts
Showing posts with label HPE. Show all posts

Tuesday, September 28, 2021

HPE adds analytics and data protection to GreenLake Edge-to-Cloud

Hewlett Packard Enterprise announced new analytics and data protection capabilities for its GreenLake edge-to-cloud platform.

The new offerings include the following:

  • HPE GreenLake for analytics – open and unified analytics cloud services to modernize all data and applications everywhere – on-premises, at the edge, and in the cloud
  • HPE GreenLake for data protection – disaster recovery and backup cloud services to help customers take ransomware head-on and secure data from edge-to-cloud
  • HPE Edge-to-Cloud Adoption Framework and automation tools to accelerate and de-risk the path to a cloud experience everywhere

“The big data and analytics software market, which IDC predicts will reach $110 billion by 20231, is ripe for disruption, as customers seek a hybrid solution for enterprise datasets on-premises and at the edge,” said Antonio Neri, president and CEO, at HPE. “Data is at the heart of every modernization initiative in every industry, and yet organizations have been forced to settle for legacy analytics platforms that lack cloud-native capabilities, or force complex migrations to the public cloud that require customers to adapt new processes and risk vendor lock-in. ”


The HPE GreenLake platform now has more than 1,200 customers and $5.2 billion in total contract value. In HPE’s most recent quarter, Q3 2021, HPE announced that the company’s Annualized Revenue Run Rate was up 33 percent year-over-year, and as-a-service orders up 46 percent year-over-year3. Most recently, HPE announced HPE GreenLake platform wins with Woolworths Group, Australia and New Zealand’s largest retailer, and the United States National Security Agency.

 https://www.hpe.com/us/en/newsroom/press-release/2021/09/hpe-greenlake-edge-to-cloud-platform-powers-data-modernization-with-breakthrough-analytics-and-data-protection-cloud-services.html

Tuesday, September 14, 2021

HPE names Fidelma Russo as CTO

Hewlett Packard Enterprise named Fidelma Russo as Chief Technology Officer for the company. In this role, Russo will lead the innovation agenda and technology roadmap for HPE and manage the design and development of the HPE Greenlake edge-to-cloud platform.


Russo most recently served as senior vice president and general manager of the Cloud Services business unit at VMware. She has also held senior leadership positions at Dell EMC, HP, Iron Mountain and Sun Microsystems. She currently serves as a director of SBA Communications and sits on the Audit Committee.

Fidelma holds a bachelor’s of science degree in electrical engineering from University College Cork, a master’s in computer science degree from Boston University, and completed the Internet of Things Executive education program at MIT’s Sloan School of Management.

Wednesday, September 1, 2021

NSA awards $2 billion contract to HPE for managed cloud

The U.S. National Security Agency (NSA) awarded a 10-year, $2 billion contract to Hewlett Packard Enterprise (HPE) for high-performance computing (HPC) technology as a service through the HPE GreenLake platform.

The HPE GreenLake platform provides fully managed, secure cloud services on-premises.

HPE said its service includes a combination of HPE Apollo systems and HPE ProLiant servers, which ingest and process high volumes of data, and support deep learning and artificial intelligence capabilities. As part of the HPE GreenLake service, HPE will build and manage the complete solution that will be hosted at a QTS data center, a hosting facility that delivers secure, compliant data center infrastructure and robust connectivity to support scaling of operations.

The new service will go into use starting in 2022.

“Implementing artificial intelligence, machine learning and analytics capabilities on massive sets of data increasingly requires High Performance Computing (HPC) systems” said Justin Hotard, senior vice president and general manager, HPC and Mission Critical Solutions (MCS) at HPE. “Customers are demanding HPC capabilities on their most data-intensive projects combined with easy, simple, and agile management. By using the HPE GreenLake platform, which delivers secure on-premises solutions as a service, the National Security Agency (NSA) is gaining industry-leading HPC solutions to tackle a range of complex data needs, but with a flexible, as a service experience.” 

https://www.hpe.com/us/en/greenlake.html 


HPE completes acquisition of Zerto for cloud data management


Hewlett Packard Enterprise (HPE) completed its previously-announced acquisition of Zerto, an industry leader in cloud data management and protection, for $374 million. 

HPE said the acquisition immediately positions the HPE GreenLake edge-to-cloud platform in the high-growth data protection market with a proven solution and further propels HPE’s storage business into a cloud-native, software-defined data services business.

“Data is the most critical asset and is essential to operate in this new digital economy,” said Tom Black, Senior Vice President and General Manager of HPE Storage. “Our customers continue to face complexity in managing and protecting their data. Zerto’s best-in-class talent and technology expands HPE’s data management and disaster recovery capabilities, giving customers the ability to protect their data and recover in minutes from ransomware attacks. We are thrilled to welcome Zerto to the HPE family. Together, we will accelerate innovation and scale these offerings to help our customers manage and protect their data from edge to cloud.”

HPE also noted that Zerto’s cloud data management and protection software will remain available as a standalone service and will be available as a service through the HPE GreenLake platform and the Data Services Cloud Console. Its journal-based continuous data protection technology includes disaster recovery, backup, and data mobility in a single, simple cloud data management and protection software solution that spans on-premises, hybrid, and multi-cloud environments.


Wednesday, August 25, 2021

HPE builds exascale supercomputer for Argonne National Lab

The U.S. Department of Energy’s Argonne National Laboratory has selected Hewlett Packard Enterprise to build a new testbed supercomputer to prepare critical workloads for future exascale systems that will deliver up to four times faster performance than Argonne’s current supercomputers.

The new system, which Argonne has named Polaris, will deliver approximately 44 petaflops of peak double precision performance and nearly 1.4 exaflops of theoretical AI performance, which is based on mixed-precision compute capabilities.

Polaris uses 280 HPE Apollo Gen10 Plus systems, which are HPC and AI architectures built for the exascale era and customized to include the following:

  • 560 2nd and 3rd Gen AMD EPYC processors
  • 2240 NVIDIA A100 Tensor Core GPUs, making it ALCF’s largest GPU-based system to date.
  • HPE Slingshot, a high performance Ethernet fabric designed for HPC and AI solutions. HPE Slingshot will also be featured in Argonne’s Aurora exascale system.
  • HPE Performance Cluster Manager, a system management software solution.

 “As we approach the exascale era, which will power a new age of insight and innovation, high performance computing (HPC) will play a critical role in harnessing data to take on the world’s most pressing challenges. Increasingly, the computational power and scale required to process artificial intelligence and machine learning data sets can only be delivered through HPC systems, and HPE uniquely provides a powerful, software-driven platform capable of tackling complex scientific data and simulations,” said Justin Hotard, senior vice president and general manager, HPC and Mission Critical Solutions at HPE. 

Thursday, July 1, 2021

HPE to acquire Zerto for cloud data management

Hewlett Packard Enterprise agreed to acquire Zerto, an industry leader in cloud data management and protection, for $374 million in cash. 

Zerto’s journal-based continuous data protection (CDP) technology includes disaster recovery, backup, and data mobility in a single cloud data management and protection software solution that spans on-premises, hybrid, and multi-cloud environments. 

Zerto helps customers recover in minutes from ransomware, cyberattacks, and other unplanned downtime bringing data back to its original state just seconds before the attack or disruption. Zerto also easily replicates and migrates data between VMware vSphere and Microsoft Hyper-V environments and natively to Amazon Web Services and Microsoft Azure.

HPE expects the data protection as a service (aaS) market to grow from $7.7B in 2020 to $15.3B in 2024, representing a 19% CAGR.  Zerto will be available aaS through HPE GreenLake and Data Services Cloud Console.

HPE said the deal expands its GreenLake portfolio and HPE Storage’s shift to a cloud-native, software-defined data services business.

“Data is now the most critical asset,” said Antonio Neri, President and CEO, HPE. “With the explosive growth of data at the edge and across hybrid environments, organizations today face significant complexity in managing and protecting their data. Zerto’s market-leading cloud data management and protection software expands HPE GreenLake cloud data services, allowing customers to protect their data and rapidly act on insights, from edge to cloud.“

“With data underpinning digital transformation, customers must manage, protect, and mobilize their data,” said Tom Black, Senior Vice President and General Manager of HPE Storage. “Customers continue to face significant issues managing data complexity across hybrid and multi-cloud environments. Zerto further positions HPE to help solve these customer challenges and become the leader in data management and protection through HPE GreenLake cloud services.”


Tuesday, June 22, 2021

HPE bets big on its GreenLake Cloud Platform

Hewlett Packard Enterprise is rolling out a slew of enhancements to its GreenLake platform for cloud services in the data center, in a colocation center, and at the edge. Innovations span applications, security, silicon and software with automated, cloud-native capabilities that can be performed in just a few clicks and managed in a unified platform.

The company says its HPE GreenLake cloud platform now has over 1,200 customers representing $4.8 billion in total contract value. HPE also claims a 95% customer renewal rate.

“Organizations today know that to succeed in their industries, they must pursue a cloud everywhere mandate, which enables them to collect, analyze, and act on data, wherever it resides,” said Antonio Neri, president and CEO at HPE. “The HPE GreenLake edge to cloud platform empowers organizations to harness the power of all their data, regardless of location, and today’s announcements further extend HPE’s leadership in this hybrid cloud market. From silicon, software, and security, to workloads that organizations rely on to run their businesses, HPE continues to extend the reach of the HPE GreenLake cloud platform, to help customers accelerate digital transformation and generate tremendous business outcomes.”

At its HPE Discover virtual event, HPE made the following announcements concerning the HPE GreenLake cloud platform:

HPE GreenLake Lighthouse: Agile, cloud-native solution that addresses configuration complexity to rapidly deliver multiple cloud services on-demand. HPE GreenLake Lighthouse, which provides a seamless, intelligent operational experience to easily run and manage different workload-optimized solutions. HPE Greenlake Lighthouse is built with HPE Ezmeral software to autonomously optimize different cloud services and workloads by composing resources to deliver the best performance, lowest cost or a balance of both, depending on business priorities.

Project Aurora: a foundation for HPE GreenLake’s zero-trust framework for HPE’s edge-to-cloud architecture. Project Aurora will embed within the HPE GreenLake cloud platform building blocks to automatically and continuously verify the integrity of the hardware, firmware, operating systems, platforms, and workloads, including security workloads. In addition, Project Aurora’s continuous attestation capabilities can be used to automatically detect advanced threats from silicon to cloud, in seconds compared to today’s average of 28 days. These capabilities help enterprises potentially minimize data loss, unauthorized encryption, and valuable data and intellectual property corruption. Project Aurora also complements existing security investments to reduce downtime and protect productivity and revenue. The new initiative builds upon HPE’s silicon root of trust technology. 

Silicon on-Demand: gaining processor core capacity in just a few clicks. The new pay-per-use, consumption-based pricing model  will optimize at the silicon level to offer a more granular cloud experience with better metering, reduced buffering time and faster deployment. Available first via the HPE GreenLake cloud platform, HPE will offer flexible consumption capabilities with Silicon on-Demand, a first-of-its-kind feature, developed in partnership with Intel, to add new capacity at a processor core and persistent memory level using Intel Optane technology. HPE is removing the need to order or install new processors by allowing customers to instantly activate and pay for more capacity with just a click.

Compute Cloud Console: delivering intuitive automatic management for unified compute operations as a service.  The Compute Cloud Console simplifies the infrastructure management experience with a seamless as-a-service experience no matter where workloads are running, from edge to cloud. Additionally, it automates manual tasks such as provisioning and lifecycle management, speeding up time-to-market and eliminating inconsistencies due to human error.

https://www.hpe.com/us/en/newsroom/

Monday, June 21, 2021

HPE acquires Determined AI

Hewlett Packard Enterprise has acquired Determined AI, a start-up based in San Francisco with software stack to train AI models faster using its open source machine learning (ML) platform. Financial terms were not disclosed.

Determined AI was founded in 2017 by Neil Conway, Evan Sparks, and Ameet Talwalkar. It launched its open-source platform in 2020. 

HPE will combine Determined AI’s unique software solution with its AI and high performance computing (HPC) offerings to enable ML engineers to easily implement and train machine learning models to provide faster and more accurate insights from their data in almost every industry.  

“As we enter the Age of Insight, our customers recognize the need to add machine learning to deliver better and faster answers from their data,” said Justin Hotard, senior vice president and general manager, HPC and Mission Critical Solutions (MCS), HPE. “AI-powered technologies will play an increasingly critical role in turning data into readily available, actionable information to fuel this new era. Determined AI’s unique open source platform allows ML engineers to build models faster and deliver business value sooner without having to worry about the underlying infrastructure. I am pleased to welcome the world-class Determined AI team, who share our vision to make AI more accessible for our customers and users, into the HPE family.”

“The Determined AI team is excited to join HPE, who shares our vision to realize the potential of AI,” said Evan Sparks, CEO of Determined AI. “Over the last several years, building AI applications has become extremely compute, data, and communication intensive. By combining with HPE’s industry-leading HPC and AI solutions, we can accelerate our mission to build cutting edge AI applications and significantly expand our customer reach.” 


Tuesday, June 1, 2021

HPE posts sales of $6.7 billion, up 11% yoy

Hewlett Packard Enterprise (NYSE: HPE) reported sales of $6.7 billion for its 2nd quarter, ended April 30, 2021, up 11% from the prior-year period or 9% when adjusted for currency, with better than normal sequential seasonality driven by strong demand. GAAP gross margins was 34.1%. Non-GAAP diluted net EPS was $0.46, compared to $0.27 in the prior-year period and above the previously provided outlook of $0.38 to $0.44 per share. 

“Our disciplined execution on our strategic priorities is positively impacting both top and bottom line performance,” said Antonio Neri, president and CEO of Hewlett Packard Enterprise. “We are strengthening our core compute and storage businesses, doubling down in our growth Intelligent Edge and HPC businesses and accelerating our pivot to as-a-service, while also advancing our cloud-first innovation agenda to become the edge-to-cloud platform as-a-service choice for our customers and partners.”

“As businesses emerge from the pandemic and move beyond the immediate needs of COVID, digital transformation is at the forefront of their strategic initiatives,” said Neri. “Our focus has been to accelerate our strategy in order to help our customers transform their businesses, optimize their applications and data across an increasingly distributed world, and be future ready, today.”


Some highlights:

  • Intelligent Edge revenue was $799 million, up 20% from the prior-year period or 17% when adjusted for currency, with 15.5% operating profit margin, compared to 12.3% from the prior-year period. Switching was up 17% from the prior-year period when adjusted for currency, WLAN was up 16% from the prior-year period when adjusted for currency, and Aruba SaaS offering was up triple-digits from the prior-year period and is now a meaningful contributor to HPE’s overall ARR.
  • High Performance Compute & Mission Critical Systems (HPC & MCS) revenue was $685 million, up 13% from the prior-year period or 11% when adjusted for currency, with 2.8% operating profit margin, compared to 7.6% from the prior-year period. We remain on track to achieve our full year and 3-year revenue growth CAGR target of 8% to 12%.
  • Compute revenue was $3.0 billion, up 12% from the prior-year period or up 10% when adjusted for currency, with 11.3% operating profit margin, compared to 5.8% from the prior-year period.
  • Storage revenue was $1.1 billion, up 5% from the prior-year period or up 3% when adjusted for currency, with 16.8% operating profit margin, compared to 15.7% from the prior-year period. Notable strength in software-defined solutions, including Nimble, up 17% from the prior-year period when adjusted for currency with strong momentum in dHCI growing triple-digits. All flash Arrays grew 20% from the prior-year period led by Primera, up triple-digits from the prior-year period.
  • Financial Services revenue was $839 million, up 1% from the prior-year period or down 3% when adjusted for currency, with 10.8% operating profit margin, compared to 9.2% from the prior-year period. 

Tuesday, March 2, 2021

HPE reports strong financial quarter driven by intelligent edge

 Hewlett Packard Enterprise reported Q1 FY2021 net revenue of $6.8 billion, down 2% from the prior-year period or 3% when adjusted for currency, marked by stronger than normal sequential seasonality. Non-GAAP diluted net EPS was $0.52, compared to $0.50 in the prior-year period and above the previously provided outlook of $0.40 to $0.44 per share. 


“We delivered a strong Q1 performance,” said Antonio Neri, president and CEO of Hewlett Packard Enterprise. “Our revenue exceeded our outlook and we significantly expanded our gross and operating margins to drive strong profitability across most of our businesses. Our non-GAAP EPS exceeded the high-end of our guidance and free cash flow was a record Q1 performance. These results give us confidence to raise our FY21 outlook. The global pandemic has brought a renewed focus on digital transformation as businesses are rethinking everything from remote work and collaboration to business continuity and data insight,“ he continued. 

Segment Results

  • Intelligent Edge revenue was $806 million, up 12% year over year or 11% when adjusted for currency, with 18.9% operating profit margin, compared to 12.1% from the prior-year period. Rich software capabilities combined with greater operational productivity helped accelerate revenue and profits. Based on the solid performance, the Company expects to continue to take share in both campus switching and WLAN.
  • High Performance Compute & Mission Critical Systems (HPC & MCS) revenue was $762 million, down 9% year over year, with 5.6% operating profit margin, compared to 7.5% from the prior-year period. Despite inherent uneven nature of the business, the Company remains confident in the near-term and longer-term outlook for this business.
  • Compute revenue was $3.0 billion, down 1% year over year or down 2% when adjusted for currency, with 11.5% operating profit margin, compared to 10.7% from the prior-year period.
  • Storage revenue was $1.2 billion, down 5% year over year or down 6% when adjusted for currency, with 19.7% operating profit margin, compared to 20.0% from the prior-year period. Notable strength in software-defined solutions, including Nimble, up 31% from the prior-year period when adjusted for currency and All Flash Array Storage, up 5% from the prior-year period, driven by increased adoption of Primera All Flash.
  • Financial Services revenue was $860 million, flat year over year or down 1% when adjusted for currency, with 9.8% operating profit margin, compared to 8.7% from the prior-year period. Net portfolio assets were up 3% year over year or flat when adjusted for currency. The business delivered return on equity of 16.5%, up 1.3 points from the prior-year period.

Sunday, February 28, 2021

HPE to build supercomputer for Sweden’s KTH Royal Institute

KTH Royal Institute of Technology (KTH) in Stockholm, one of Sweden’s largest technical universities dedicated to science and engineering research, has selected Hewlett Packard Enterprise (HPE) to build a new supercomputer to improve modeling and simulation of complex data.


The HPE Cray EX supercomputer will feature over 65,000 CPU cores and it be ready for research use in July 2021. The second phase of the installation will consist of GPUs which will be installed later this year and be ready for use in January 2022.

The HPE Cray EX supercomputer will include HPE Slingshot for purpose-built HPC networking to address demands for higher speed and congestion control for data-intensive workloads. It will also feature next generation AMD EPYC processors and AMD Instinct GPU accelerators to improve efficiency and achieve the performance required to process and harness insights from computationally complex data.

The new supercomputer, which KTH has named “Dardel” in honor of the Swedish novelist, Thora Dardel, and her first husband, Nils Dardel, the post-impressionist painter, will replace KTH’s current flagship system, Beskow, and will be housed on KTH’s main campus at the PDC Center for High Performance Computing.


Thursday, February 11, 2021

Microsoft Azure to connect to the International Space Station with HPE

Microsoft is working with Hewlett Packard Enterprise (HPE) to connect Azure directly to space using HPE’s upcoming launch of its Spaceborne Computer-2 (SBC-2), which will deliver edge computing and artificial intelligence (AI) capabilities together for the first time on the International Space Station (ISS). 

HPE’s Spaceborne Computer-2, which is scheduled to launch into orbit for the ISS on the 15th Northrop Grumman Resupply Mission to Space Station (NG-15), is built on the HPE Edgeline Converged Edge system for harsh edge environments. A connection from  Spaceborne Computer-2 to Microsoft Azure will be established through NASA and the HPE ground station.

Microsoft Research and Azure Space engineering teams are evaluating the potential of HPE’s space, state-of-the-art processing in conjunction with hyperscale Azure.

https://azure.microsoft.com/en-us/blog/connecting-azure-to-the-international-space-station-with-hewlett-packard-enterprise/


Tuesday, December 1, 2020

HPE returns to pre-pandemic levels of $7.2 billion, relocates to Texas

 Hewlett Packard Enterprise Co. (HPE) reported revenue of $7.2 billion for the 4th quarter of its fiscal year, up 6% from the prior quarter and flat from the prior-year period. GAAP was $0.12, above the previously provided outlook of $0.02 to $0.06 per share. Non-GAAP was $0.37, above the previously provided outlook of $0.32 to $0.36 per share.

“Hewlett Packard Enterprise finished the year with a very strong performance,” said Antonio Neri, president and CEO of Hewlett Packard Enterprise. “In Q4 we saw a notable rebound in our overall revenue, with particular acceleration in key growth areas of our business.”

“The global pandemic has forced businesses to rethink everything from remote work and collaboration to business continuity and data insight,” he continued. “Over the last several months, customers have increasingly turned to HPE for our unique capabilities from edge to cloud that help them empower their workforces, deploy resilient new IT solutions and extract insights from critical data, while consuming these solutions more flexibly as a service.”


HPE also announced plans to relocate its headquarters from San Jose, California, to Houston, Texas. 

Highlights:

  • Intelligent Edge revenue was $786 million, up 6% year over year or 5% when adjusted for currency, with 10.1% operating profit margin, compared to 6.2% from the prior-year period. Revenue grew 15% sequentially or 14% when adjusted for currency. Intelligent Edge best-in-class portfolio was recognized as a leader for the 15th year in the Gartner Magic Quadrant for wired and WLAN access infrastructure. The Company also expects to take share in both campus switching and WLAN.
  • High Performance Compute & Mission Critical Systems (HPC & MCS) revenue was $975 million, up 25% year over year, with 12.2% operating profit margin, compared to 10.2% from the prior-year period. Revenue grew 50% sequentially driven by strong performance in Cray, HPC-Apollo and MCS.
  • Compute revenue was $3.2 billion, down 5% year over year or down 4% when adjusted for currency, with 6.1% operating profit margin, compared to 13.9% from the prior-year period. Revenue was down 6% sequentially or 7% when adjusted for currency but was up low single-digits when adjusted for backlog conversion.
  • Storage revenue was $1.2 billion, down 3% year over year, with 16.7% operating profit margin, compared to 17.4% from the prior-year period. Revenue grew 8% sequentially or 7% when adjusted for currency driven by strong operational execution, reduction of backlog and momentum in key areas of the portfolio.
  • Advisory & Professional Services (A&PS) revenue was $245 million, down 9% year over year or 10% when adjusted for currency, with (0.4%) operating profit margin, compared to 0.4% from the prior-year period. Revenue was up 8% sequentially or 6% when adjusted for currency even as COVID-19 impacted consulting activities and chargeability levels of our team members. A&PS is a strategic business that pulls through significant infrastructure and operational services sales.
  • Financial Services revenue was $849 million, down 3% year over year or 4% when adjusted for currency. 

Monday, September 21, 2020

HPE completes acquisition of Silver Peak

 Hewlett Packard Enterprise (HPE) completed its previously-announced acquisition of Silver Peak. The deal was valued at $925 million. Silver Peak will become a part of Aruba, a Hewlett Packard Enterprise company. 

HPE said the acquisition will strengthen Aruba ESP (Edge Services Platform), helping to advance enterprise cloud transformation with a comprehensive edge-to-cloud networking solution covering all aspects of wired, wireless local area networking (LAN) and wide area networking (WAN).

“WAN transformation is a key component of HPE’s Intelligent Edge and edge-to-cloud vision and growth strategy,” said Antonio Neri, president and CEO of HPE. “Armed with a comprehensive SD-WAN portfolio with the addition of Silver Peak, we will accelerate the delivery of a true distributed cloud model and cloud experience for all apps and data wherever they live.”

“I am very excited to welcome the Silver Peak team to the Aruba family,” said Keerti Melkote, president of Intelligent Edge for Hewlett Packard Enterprise and founder of Aruba Networks. “With the evolving nature of the hybrid workplace, enterprises are looking to extend connectivity to branch locations and enable secure work-from-home experiences. By combining Silver Peak’s advanced SD-WAN technology with Aruba’s SD-Branch and remote worker solutions, customers can simplify branch office and WAN deployments to empower remote workforces, enable cloud-connected distributed enterprises, and transform business operations without compromise.”

As part of the acquisition, Silver Peak founder and CEO David Hughes, will join HPE as the senior vice president of the WAN business within Aruba.


HPE to acquire Silver Peak for $925M and merge it with Aruba

Hewlett Packard Enterprise (HPE) agreed to acquire Silver Peak, an SD-WAN leader, for $925 million in cash. Silver Peak will be combined with HPE’s Aruba business unit and will extend Aruba’s technology leadership in the large and fast-growing SD-WAN space.

Silver Pek, which was founded in 2004 and is a private company based in San Jose, California, has more than 1,500 production SD-WAN customers around the world. The company is headed by its founder, David Hughes.

HPE said Silver Peak’s advanced SD-WAN offerings are highly complementary and strengthen Aruba’s Edge Service Platform (ESP). By combining Silver Peak’s SD-WAN with Aruba’s SD-Branch solutions customers can simplify branch office and WAN deployments to empower remote workforces, enable cloud-connected distributed enterprises, and transform business operations without compromising quality or reliability.

HP Brings in Aruba to Manage its Networking Business

HP agreed to acquire Aruba Networks for $24.67 per share in cash, reflecting an equity value of approximately $2.7 billion net of cash and debt.

Aruba, which is based in Sunnyvale, California, is a leading supplier of WLAN solutions for enterprises.  The company had revenues of $729 million in fiscal 2014, and has reported compound annual revenue growth of 30 percent over the last five years. It has approximately 1,800 employees.  Aruba has made rapid progress in 802.11ac Wi-Fi upgrades.  It offers integrated solutions for many vertical market segments, such as retail or healthcare.

HP said Aruba's marketing and channel model will complement its own networking business and go-to-market breadth.  Together, the companies will focus on next-generation converged campus solutions, leveraging the strong Aruba brand.  This new combined organization will be led by Aruba’s Chief Executive Officer Dominic Orr, and Chief Strategy and Technology Officer, Keerti Melkote, reporting to Antonio Neri, leader of HP Enterprise Group.  With this move, HP will be uniquely positioned to deliver both the innovation and global delivery and services offerings to meet customer needs worldwide.


Tuesday, August 25, 2020

HPE reports growing "as-a-service" revenue

Hewlett Packard Enterprise reported revenue of $6.8 billion for its fiscal 2020 third quarter, ended July 31, 2020, down 6% from the prior-year period or 4% when adjusted for currency. Revenue grew 13% sequentially or 14% when adjusted for currency driven by solid execution in clearing historic backlog by approximately $500 million during the quarter. Gross profit was $2.1 billion, up 8% sequentially, which the company credits to strong operation execution.

“Our Q3 results are marked by strong execution and sequential growth,” said Antonio Neri, president and CEO of Hewlett Packard Enterprise. “We significantly improved operational and supply chain execution and advanced our innovation agenda with the introduction of HPE GreenLake cloud services solutions, our new HPE Ezmeral software portfolio, and our planned acquisition of SD-WAN leader Silver Peak.”

“We gained momentum in key areas of differentiation and accelerated our as-a-service pivot with strong ARR growth and a record number of HPE GreenLake services orders,” he continued. “Navigating through the pandemic and planning for a post-COVID world have increased customers’ needs for as-a-service offerings, secure connectivity, remote work capabilities and analytics to unlock insights from data that are aligned to our strategy. We see a tremendous opportunity to help our customers drive digital transformations as they continue to adapt to operate in a new world.”

Highlights

  • Intelligent Edge revenue was $684 million, down 12% year over year or 11% when adjusted for currency, with 8.6% operating profit margin, compared to 6.8% from the prior-year period. Revenue grew 3% sequentially demonstrating continued momentum.
  • Compute revenue was $3.4 billion, flat year over year or up 1% when adjusted for currency, with 8.5% operating profit margin, compared to 12.9% from the prior-year period. Revenue grew 28% sequentially or 29% when adjusted for currency as we executed against the backlog and improved supply chain execution.
  • High Performance Compute & Mission Critical Systems (HPC & MCS) revenue was $649 million, up 3% year over year, with 5.5% operating profit margin, compared to 8.1% from the prior-year period. Revenue grew 10% sequentially as installations and customer acceptance of systems improved.
  • Storage revenue was $1.1 billion, down 10% year over year or 9% when adjusted for currency, with 12.9% operating profit margin, compared to 16.5% from the prior-year period. Revenue grew 4% sequentially driven by improved operational execution and reduction of backlog.
  • Advisory & Professional Services (A&PS) revenue was $226 million, down 7% year over year or 5% when adjusted for currency, with (1.8%) operating profit margin, compared to (3.7%) from the prior-year period. Revenue was down 5% sequentially.
  • Financial Services revenue was $811 million, down 9% year over year or 6% when adjusted for currency and down 3% sequentially or 2% when adjusted for currency, with 8.0% operating profit margin, compared to 8.7% from the prior-year period. 

Thursday, July 16, 2020

HPE GreenLake Cloud is now hosted by Interxion in Europe

Hewlett Packard Enterprise (HPE) confirmed that its GreenLake cloud services will be hosted by Interxion in 13 European countries.

HPE Greenlake Cloud provides companies with the benefits of a managed cloud experience without the complexity of managing data centers, while maintaining ownership and control of their data and workloads.

The new offer is being piloted with Interxion in Ireland, with the intention to quickly expand to the UK, Germany, France and The Netherlands.

“At Interxion, we’ve been listening to our customers who have told us that they want to tap into the flexibility and convenience of the cloud, while alleviating the operational burden on IT systems,” said Séamus Dunne, Managing Director, Interxion Ireland. “Our agreement to launch HPE GreenLake cloud services hosted in our data centers improves speed and agility by increasing customers’ connectivity to public clouds while staying in control of cost, security and compliance without the need to invest in an on-premise data center, as they can deploy HPE GreenLake solutions in Interxion’s colocation data centers. ”


Monday, July 13, 2020

HPE to acquire Silver Peak for $925M and merge it with Aruba

Hewlett Packard Enterprise (HPE) agreed to acquire Silver Peak, an SD-WAN leader, for $925 million in cash. Silver Peak will be combined with HPE’s Aruba business unit and will extend Aruba’s technology leadership in the large and fast-growing SD-WAN space.

Silver Pek, which was founded in 2004 and is a privated company based in San Jose, California, has more than 1,500 production SD-WAN customers around the world. The company is headed by its founder, David Hughes.

HPE said Silver Peak’s advanced SD-WAN offerings are highly complementary and strengthen Aruba’s Edge Service Platform (ESP). By combining Silver Peak’s SD-WAN with Aruba’s SD-Branch solutions customers can simplify branch office and WAN deployments to empower remote workforces, enable cloud-connected distributed enterprises, and transform business operations without compromising quality or reliability.

“HPE was an early mover in identifying the opportunity at the edge and that trend is accelerating in a post-COVID world,” said Antonio Neri, president and CEO of HPE. “With this acquisition we are accelerating our edge-to-cloud strategy to provide a true distributed cloud model and cloud experience for all apps and data wherever they live. Silver Peak’s innovative team and technology bring critical capabilities that will help our customers modernize and transform their networks to securely connect any edge to any cloud.”

“Today’s announcement comes at a unique moment for our customers, who are grappling with business recovery in the wake of the pandemic,” said Keerti Melkote, president of Intelligent Edge for Hewlett Packard Enterprise and founder of Aruba Networks. “The need for edge-to-cloud architectures has never been more relevant as enterprises look to extend connectivity to branch locations and enable secure work-from-home experiences. Silver Peak’s technology transforms legacy WAN architectures to self-driving WANs, which is a perfect fit with Aruba’s cloud-native, AI-driven Edge Services Platform. Together, we will be able to meet these needs with critical connectivity, security, and AI capabilities to drive the next generation of Edge-to-Cloud transformation.”

“Bringing together Silver Peak’s advanced SD-WAN solutions with Aruba’s industry leading networking portfolio provides an unprecedented opportunity to deliver a comprehensive business-driven solutions to our customers,” said David Hughes, founder and CEO of Silver Peak. “The Silver Peak and Aruba teams share a common vision and goal to provide simplicity, scalability, and application-awareness at the edge. With Aruba’s extensive go-to-market, we will further accelerate our ability to drive faster adoption of these transformational technologies. We are excited for the opportunities we will have as a combined team to accelerate innovation in this fast-growing segment of the networking market.”


  • HP acquired Aruba in 2015 for $2.7 billion.

Wednesday, April 8, 2020

HPE offers $2 billion in financing to help customers with cash flow

Hewlett Packard Enterprise is designating more than $2 billion in financing specifically to help customers with their financial challenges stemming from the COVID-19 crisis, including cash-flow or liquidity issues. HPE Financial Services is also introducing initiatives including a Payment Relief Program to help customers acquire new technology and alleviate some of the financial strain as they navigate this uncertain climate.

This is a challenging time to lead a business. Today more than ever, IT leaders and CFOs play a central role in ensuring financial health while continuing operations”, said Irv Rothman, President and CEO of HPE Financial Services. “At HPE Financial Services, we are committed to helping businesses align their priorities from an IT economics perspective and provide them with concrete solutions so they can move forward.”

The $2 billion in HPEFS financing will be applied to help customers ensure business continuity and adapt in the current environment by addressing new technology financing needs, and convert their IT infrastructure into new sources of capital. Additionally, through the new Payment Relief Program, customers can acquire the technology they need today and pay only 1% of the total contract value each month for the first eight months, deferring over 90% of the cost until 2021. This can be a safety buoy for many businesses to help navigate the financial impact of COVID-19 in the next few months. Beginning in 2021, each monthly payment would equal approximately 3.3% of total contract value.

Tuesday, March 10, 2020

HPE extends its 5G strategy with as-a-Service portfolio

Hewlett Packard Enterprise (HPE) is advancing its edge-to-cloud, platform as-a-service offering with 5G in mind.

HPE's portfolio will include a cloud-native software stack for 5G core, optimized telco core and edge infrastructure blueprints, and Wi-Fi 6 enabled services.

The company will focus on open and interoperable platforms combined with carrier-grade infrastructure and modular software components.

  • At the telco core – a new HPE 5G Core Stack, which is a cloud-native and containerized. The HPE 5G Core Stack will be available as an integrated software and hardware platform, based on validated HPE Telco core and edge blueprints
  • At the telco edge – a dense, ruggedized general purpose platform enabling Virtual Radio Access Networks (vRAN) and Multi-access Edge Computing (MEC)
  • Infrastructure delivered as-a-service with HPE GreenLake - available via a pay-as-you-go, managed services and elastic model, these offerings provide telcos with an attractive, fast ramp for rolling out 5G services by enabling them to reduce upfront capital investments and reduce risk by leveraging specialized and proven telco and enterprise edge hardware and software. With HPE GreenLake, telcos can grow and expand their network as new users come online and pay monthly based on measured utilization. Through HPE GreenLake, the 5G infrastructure can be operated on behalf of the customer to free up resources to focus on innovation at the network and enterprise edge.


“Openness is essential to the evolutionary nature of 5G and with HPE 5G Core Stack telcos can reduce operational costs, deploy features faster and keep themselves open to multiple networks and technologies while avoiding being locked-in to a single vendor approach,” said Phil Mottram, vice president and general manager of the Communications and Media Solutions business unit at HPE. “HPE has one of the broadest 5G portfolios in the market and is uniquely positioned to help telcos build an open multi-vendor 5G core, optimize the edge with vRAN, and deliver connectivity and new compute services to the enterprise using MEC and Wi-Fi 6.”

“5G has the potential to revolutionize our digital lives and the combination of 5G and Wi-Fi 6 presents telcos with an unlimited array of possibilities for offering subscribers new and compelling services that can transform the user experience,” said Keerti Melkote, president of Intelligent Edge at HPE and founder of Aruba Networks. “With a broad portfolio of innovations that span from the telco core to the enterprise edge, HPE is the only platform as-a-service company that can deliver the infrastructure, software solutions and the technical expertise to support global telcos in their quest to fully realize the promise of 5G.”

Tuesday, March 3, 2020

HPE posts Q1 revenue of $6.9 billion, down 8% yoy

Hewlett Packard Enterprise reported quarterly net revenue of $6.9 billion, down 8% from the prior-year period and 7% from the prior-year period when adjusted for currency. m

HPE said market uncertainty, supply constraints, and North America manufacturing capacity constraints impacted revenue in Q1, particularly in Compute.

GAAP gross margin was 32.8%, up 170 basis points from the prior-year period and Non-GAAP gross margin of 33.2%, up 210 basis points from the prior-year period. Non-GAAP diluted net EPS was $0.44, compared to $0.42 in the prior-year period and in-line with the previously provided outlook of $0.42 to $0.46 per share.

Some highlights:

  • Intelligent Edge returned to growth with revenue of $720 million, up 4% year over year when adjusted for currency, with 9.7% operating margin, up 630 basis points from the prior-year period. Enhancements to North America sales leadership and go-to-market segmentation are paying off with double-digit growth in North America and 13% growth when adjusted for currency in overall WLAN product.
  • Compute revenue was $3.0 billion, down 15% year over year when adjusted for currency, with 9.5% operating margin, flat from the prior-year period. Revenue was pressured this quarter due to a more uneven business environment, component supply constraints and North America manufacturing capacity constraints.
  • High Performance Compute & Mission Critical Systems (HPC & MCS) revenue was $823 million, up 6% year over year when adjusted for currency, with 6.0% operating margin, down 660 basis points from the prior-year period. HPC business continues to gain momentum with over $2.0 billion of awarded business expected to be delivered by FY23.
  • Storage revenue was $1.3 billion, down 7% year over year when adjusted for currency, with 18.1% operating margin, down 60 basis points from the prior-year period. Hyperconverged Infrastructure showing continued momentum, up 6% year over year when adjusted for currency and Big Data, up 45% year over year when adjusted for currency.
  • Advisory & Professional Services (A&PS) revenue was $243 million, flat year over year when adjusted for currency, with (0.8%) operating margin, up 12.5 points from the prior-year period. A&PS is a strategic business that pulls through significant infrastructure and operational services sales.
  • Financial Services revenue was $859 million, down 6% year over year when adjusted for currency, with 8.5% operating margin, up 10 basis points from the prior-year period. Net portfolio assets were up 2% year over year when adjusted for currency, and financing volume was up 2% year over year when adjusted for currency. The business delivered return on equity of 14.8%, down 90 basis points from the prior-year period.