The New Hewlett Packard Enterprise – $55 Billion in Annual Revenue
In an SEC filing last week, HP provided financial details on one of the two companies that will result from its upcoming split.
The mission statement for Hewlett Packard Enterprise Company is to “provide the cutting-edge technology solutions customers need to optimize their traditional IT while helping them build the secure, cloud-enabled, mobile-ready future that is uniquely suited to their needs.” It will include the current parent company’s Enterprise Group, Enterprise Services, Software and Financial Services businesses. Its portfolio will include servers, storage, wired and wireless networking, converged systems, software and services, and customized financing solutions.
The company said its competitive differentiator is its “broad and deep” end-to-end solutions portfolio and IT expertise. It also possesses a global distribution and partner ecosystem, along with a multi-year innovation roadmap.
The extensive filing provides in-depth financial data on the soon to be independent company, along with the long and required list of risks and uncertainties.
Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.
You just read about Hewlett Packard Enterprise. One of the companies whose work it now carries:
Cray built Supercomputers, high-performance storage, system software and specialized interconnects. What became of it?
Cray brought Supercomputers, high-performance storage, system software and specialized interconnects to Data Centers. That work was distinctive enough to lead to its acquisition by Hewlett Packard Enterprise for US$1.3B. The standalone name now passes into the archive — but the team and technology continue inside Hewlett Packard Enterprise today. One of 430 names here whose work outlived the company.
You just read about All. A technology from the archive that helped get us here:
Google/Alphabet Project Loon served 2011–2021. What ultimately replaced it?
Google/Alphabet Project Loon solar-powered balloons drifting in the stratosphere (~20 km), steering by rising and falling into different wind layers, relaying LTE from ground stations to phones far below. Its job passed to Unit economics — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.
