Hewlett Packard Company HPE has recently enhanced its GreenLake edge-to-cloud platform with new application, analytics, and development services. This update enables enterprises to drive a data-first modernization strategy for production workloads in hybrid cloud environments, providing an automated, flexible, scalable, and fully managed private cloud solution. The latest features include expanded container deployment options for Kubernetes, infrastructure as code, and cloud-based toolchains to improve software development and IT operations.
Moreover, HPE has added six workload-optimized instances for general-purpose compute, memory, and storage workloads, with competitive pricing offering a pay-as-you-go consumption model. The platform now allows organizations to self-manage virtual machines, containers, or bare metal through an intuitive user interface, APIs, and CLI, providing flexibility and a choice of operating systems and toolchain integration services.
Additionally, the update has expanded the partner ecosystem to include VMware and Red Hat, along with the availability of HPE GreenLake for Data Fabric and HPE Ezmeral Unified Analytics through the Ezmeral Early Access Program. Hewlett Packard continues to win contracts, with recent wins including Maincare, SAIL, and AntemetA.
HPE sees AI, industrial IoT, and distributed computing as the next big markets and has invested $4 billion through 2022 to enhance its capabilities in these areas. The company is focused on higher-margin offerings like Intelligent Edge and Aruba Central Hyperconverged Infrastructure, which have contributed to its strong financial performance.
Despite the recent upgrades and wins, Hewlett Packard currently has a Zacks Rank #5 (Strong Sell). Some top-ranked stocks in the computer and technology sector include Celestica (Zacks Rank #1), Fabrinet, and Zscaler (both Zacks Rank #2). These companies have seen positive earnings estimates revisions and strong performance over the past year.
Celestica, Fabrinet, and Zscaler have all surpassed earnings expectations and demonstrated growth potential in their respective sectors. Celestica saw a rise in earnings estimates for 2022, Fabrinet’s earnings for fiscal 2023 are on the rise, and Zscaler has shown strong earnings performance and potential despite a decline in share price.
Overall, Hewlett Packard’s recent updates to the GreenLake platform and continued focus on key markets show its commitment to innovation and growth in the cloud computing and data analytics space. The company’s partnerships and alliances with industry leaders further strengthen its position in the market, despite some challenges in the broader technology sector.
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