Hewlett Packard Enterprise Commits $4 Billion to Accelerate the Intelligent Edge
June 19 2018 - 6:00PM
Hewlett Packard Enterprise (NYSE:HPE) today announced that it
plans to invest $4 billion in Intelligent Edge technologies and
services over the next four years. This strategic organic
investment will be focused on helping customers turn all of
their data - from every edge to any cloud – into intelligence that
drives seamless interactions between people and things, delivers
personalized user experiences, and employs AI and machine learning
to continuously adapt to changes in real time.
“Data is the new intellectual property, and companies that can
distill intelligence from their data —whether in a smart hospital
or an autonomous car—will be the ones to lead,” said Antonio Neri,
president and chief executive officer, HPE. “HPE has been at the
forefront of developing technologies and services for the
Intelligent Edge, and with this investment, we are accelerating our
ability to drive this growing category for the future.”
According to Gartner, by 2022, as a result of digital business
projects, 75% of enterprise-generated data will be created and
processed outside the traditional, centralized data center or
cloud, up from less than 10% in 2018.1 It will be created at the
edge - for example, in an oil rig, a retail store floor or a
medical device. Turning that data into intelligence requires data
to be analyzed at the edge, seamlessly and instantaneously, with
zero tolerance for friction or latency.
“The next evolution in enterprise technology will be in
edge-to-cloud architecture,” continued Neri. “Enterprises will
require millions of distributed clouds that enable real-time
insights and personalized experiences exactly where the action is
happening.”
Today, HPE is a leader in the fast-growing market for
Intelligent Edge technology
The need for Intelligent Edge capabilities is driving a very
large, fast-growing market opportunity. With Aruba, a Hewlett
Packard Enterprise company, HPE is already a leader in Intelligent
Edge technology, including wireless LAN, campus switching,
security, location-based services, edge computing, and analytics
and assurance.
For example, Aruba and HPE Pointnext services are helping
Gatwick Airport achieve its goal of becoming the most
technologically advanced airport in the world. HPE’s Edge systems
are helping Texmark create the refinery of the future which will
make the manufacturing of chemicals safer and more efficient, and
helping Streamr grow their marketplace for data monetization by
collecting and storing data from an individual car on a blockchain,
ultimately giving control of the data to the driver.
Looking forward, HPE will extend its leadership, and
expand into new markets
Over the next four years, HPE will direct $4 billion to
accelerate Intelligent Edge innovation.
Specifically, HPE will invest in research and development to
advance and innovate new products, services and consumption models
across a number of technology domains such as security, AI and
machine learning, automation and edge computing.
For example, given the increasing customer demand for
consumption-based service models, HPE intends to build out its
portfolio of transformational advisory and professional services
for the edge. HPE will also continue to advance Memory-Driven
Computing, which will dramatically accelerate the speed, accuracy
and efficiency of localized computing at the edge. HPE will also
continue to invest in open standards and open source technologies,
cultivate communities of software, AI, and network engineers, and
further develop its ecosystem through new and expanded
partnerships.
About Hewlett Packard EnterpriseHewlett Packard
Enterprise is a global technology leader focused on developing
intelligent solutions that allow customers to capture, analyze and
act upon data seamlessly from edge to cloud. HPE enables customers
to accelerate business outcomes by driving new business models,
creating new customer and employee experiences, and increasing
operational efficiency today and into the future.
Forward Looking StatementsThis press release
contains forward-looking statements that involve risks,
uncertainties and assumptions. If the risks or uncertainties ever
materialize or the assumptions prove incorrect, the results of
Hewlett Packard Enterprise may differ materially from those
expressed or implied by such forward-looking statements and
assumptions. All statements other than statements of historical
fact are statements that could be deemed forward-looking
statements, including but not limited to any financial projections;
any statements of the plans, strategies and objectives of
management for future operations; any statements concerning the
expected development, performance, market share or competitive
performance relating to products or services; any statements
regarding current or future macroeconomic trends or events and the
impact of those trends and events; and any statements or
assumptions underlying any of the foregoing.
Risks, uncertainties and assumptions include the need to address
the many challenges facing Hewlett Packard Enterprise’s businesses;
the competitive pressures faced by Hewlett Packard Enterprise’s
businesses; risks associated with executing Hewlett Packard
Enterprise’s strategy; the impact of macroeconomic and geopolitical
trends and events; and other risks that are described in Hewlett
Packard Enterprise’s Annual Report on Form 10-K and Quarterly
Reports on Form 10-Q. Hewlett Packard Enterprise assumes no
obligation and does not intend to update these forward-looking
statements.
1 Gartner, Top 10 Strategic Technology Trends for 2018:
Cloud to the Edge, Published: March 8, 2018
Editorial contact
Aleanna Crane, HPEacrane@hpe.com+1 650 823
3066
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