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Hewlett Packard Enterprise Company (HPE) CEO Antonio Neri presents at Investor Relations Summit @ HPE Discover 2024 (Transcript)
2024-06-18 23:44
Summary of Hewlett Packard Enterprise Company (HPE) Investor Relations Summit Company Overview - **Company**: Hewlett Packard Enterprise Company (NYSE: HPE) - **Event**: HPE Discover 2024 - **Date**: June 18, 2024 - **Location**: Sphere, Las Vegas Key Industry Insights - **AI Solutions**: HPE is focusing on bold new AI solutions aimed at reducing complexity and accelerating the adoption of generative AI for enterprise customers [6][11] - **Partnership with NVIDIA**: HPE has a long-standing partnership with NVIDIA, co-developing solutions to enhance AI capabilities [6][33] - **Generative AI Revolution**: The company is positioning itself at the forefront of the generative AI industrial revolution, emphasizing the importance of AI as a transformative force across various industries [13][39] Core Announcements - **AI Ethics Principles**: HPE has established five key AI ethics principles: privacy, human-focused AI, inclusivity, responsibility, and robustness [14][15] - **AI Compute Power**: HPE's Frontier supercomputer is highlighted as the world's fastest, capable of processing tasks that would take humans over 40 years in just one second [18] - **Liquid Cooling Technology**: HPE leads in liquid cooling technology, with seven of the top ten supercomputers on the Green500 list, enhancing performance and sustainability [18][19] Product Innovations - **HP Private Cloud AI**: A new turnkey private cloud AI solution that integrates NVIDIA AI computing with HPE's storage and servers, designed for ease of deployment and operation [50][54] - **Generative AI Training Solutions**: HPE and NVIDIA introduced a generative AI training solution for large enterprises, enabling quick fine-tuning of models using private data [33][42] Market Strategy - **Hybrid Cloud Approach**: HPE emphasizes the need for a hybrid cloud strategy to manage AI workloads effectively, ensuring data governance and security [24][28] - **Ecosystem Partnerships**: Collaboration with major firms like Deloitte, HCL, Infosys, TCS, and Wipro to enhance training and certification for AI solutions [43][44] Customer Use Cases - **Agricultural Innovations**: HPE's technology is being used by Land O'Lakes to improve agricultural operations through AI and secure data management [25][26] - **Healthcare Applications**: HPE's swarm learning AI technique is being utilized to combat dementia by enabling secure data sharing among research institutions [21][22] Future Outlook - **Investment in AI**: HPE is committed to investing in AI technologies and solutions, aiming to simplify complex architectures for enterprises [59][63] - **Sustainability Focus**: The company is dedicated to sustainable practices, including capturing waste heat for energy efficiency [62] Conclusion - **Transformative Potential of AI**: HPE and NVIDIA's partnership aims to democratize access to generative AI, making it available to enterprises of all sizes [64] - **Call to Action**: Companies are encouraged to embrace AI technologies to enhance their operations and drive innovation [63][64]
Hewlett Packard Enterprise Company (HPE) CEO Antonio Neri presents at Investor Relations Summit @ HPE Discover 2024 (Transcript)
Seeking Alpha· 2024-06-18 23:44
Hewlett Packard Enterprise Company (NYSE:HPE) Investor Relations Summit @ HPE Discover 2024 June 18, 2024 12:00 PM ET Company Participants Daisy McAndrew - Sphere Antonio Neri - President and CEO Jim Jackson - Chief Marketing Officer Jensen Huang - Founder and CEO, NVIDIA Conference Call Participants Daisy McAndrew Hello and welcome to Hewlett Packard Enterprise Discover 2024 Las Vegas. I'm Daisy McAndrew coming to you from Sphere. We are only moments away from the first ever keynote address at this iconic ...
Deloitte Announces Collaboration With Hewlett Packard Enterprise and NVIDIA on Co-Developed Generative AI Solutions
Prnewswire· 2024-06-18 18:00
First use case with Deloitte of 'NVIDIA AI Computing by HPE' product portfolio aims to help manufacturers at all stages of digital maturity build and operate secure-by-design manufacturing simulations to unlock industrial digitalization NEW YORK, June 18, 2024 /PRNewswire/ -- HPE Discover 2024 – Deloitte today announced a collaboration that brings together Deloitte's deep industry knowledge, AI and technology capabilities with the newly revealed NVIDIA AI Computing by Hewlett Packard Enterprise (HPE) solut ...
CBTS named North America Compute Partner of the Year 2024 by Hewlett Packard Enterprise (HPE)
Newsfile· 2024-06-18 13:00
CBTS named North America Compute Partner of the Year 2024 by Hewlett Packard Enterprise (HPE)June 18, 2024 9:00 AM EDT | Source: CBTSCincinnati, Ohio--(Newsfile Corp. - June 18, 2024) - CBTS, a global provider of IT solutions and services—including Application Modernization, Digital Workplace, Managed Hybrid Cloud, Cybersecurity, and Infrastructure Solutions—has announced that they won the HPE North America Compute Partner of the Year Award. The award was presented to CBTS on June 17, 2024, du ...
Pliops Highlights Solutions Enabling Data Centers to Thrive in the AI Era at HPE Discover
GlobeNewswire News Room· 2024-06-12 14:00
• Demonstrating MongoDB, Google AlloyDB Omni, and Hammerspace Global Data Platform Acceleration • Previewing Upcoming Product for Generative AI LLM Inference Optimization SAN JOSE, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- Modern enterprise applications and architecture need modern data storage options, and Pliops, a leading provider of data processors for cloud and enterprise data centers, is delivering. Pliops is proud to sponsor HPE Discover 2024 next week and will highlight the broad-spectrum workload a ...
Investing in Hewlett Packard Enterprise (HPE)? Don't Miss Assessing Its International Revenue Trends
ZACKS· 2024-06-10 17:40
Have you assessed how the international operations of Hewlett Packard Enterprise (HPE) performed in the quarter ended April 2024? For this information technology products and services provider, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall fi ...
Where Will Hewlett Packard Enterprise Stock Be in 1 Year?
The Motley Fool· 2024-06-09 16:30
The blue chip tech giant has finally passed its cyclical trough.Hewlett Packard Enterprise's (HPE 2.25%) stock surged 11% on June 5 after it posted its latest earnings report. For the second quarter of fiscal 2024, which ended on April 30, the enterprise hardware, software, and consulting company's revenue rose 3% year over year to $7.2 billion and exceeded analysts' estimates by $370 million. Its adjusted earnings per share (EPS) fell 19% to $0.42 but still cleared the consensus forecast by $0.03.Those gro ...
Should You Buy Hewlett Packard Stock After the Spectacular Investor Update?
The Motley Fool· 2024-06-07 19:46
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Hewlett Packard Enterprise (HPE) Expands Aruba Clientele
ZACKS· 2024-06-06 15:21
Hewlett Packard Enterprise’s (HPE) Aruba Networking has been continuously regarded as an efficient solution by HPE’s client base. One of its long-term clients, Blue Diamond Growers, recently switched to HPE’s Aruba Networking.The 100-year-old almond farming company has adopted HPE Aruba Networking Wi-Fi 6E and Wi-Fi 6 Access Points. Previously, Blue Diamond was using HPE Aruba Networking EdgeConnect SD-WAN and later HPE Aruba Networking Boost for WAN optimization.The installation of Wi-Fi 6E and Wi-Fi 6 Acc ...
Hewlett Packard Enterprise Company (HPE) BofA Securities 2024 Global Technology Conference (Transcript)
2024-06-06 01:20
Hewlett Packard Enterprise Company (NYSE:HPE) BofA Securities 2024 Global Technology Conference June 5, 2024 11:40 AM ET Company Participants Marie Myers - CFO Conference Call Participants Ruplu Bhattacharya - Bank of America Ruplu Bhattacharya Okay. Folks, I think we're going to get started. Thanks, everyone, for attending the second day of our 2024 Global Technology Conference. My name is Ruplu Bhattacharya, and I'm a Director with the IT hardware and electronics manufacturing services equity research tea ...