hpe rumors 2020
Does who were WFR, how were you informed? In HPC, Panasas and DataDirect Networks stand alone – well, stand together – as the two HPC specialists left in the market. Can't share any more details than this until it is official. The investment was provided via Pathfinder, HPE’s investment arm. ", In 2017, HPE, which employs about 61,000 people globally, embarked on a more significant restructuring effort that dispensed with about 5,000 employees, a reduction in headcount that proved pleasing to shareholders. You can also subscribe without commenting. Net revenue was $6.0 billion in Q2 of fiscal 2020, down 16 percent for Q2 of fiscal 2019, the company disclosed May 21. Your email address will not be published. This discussion board provide a valueable resource for communications among employees in the absence of transparency by the HPE Management team. —  Another area that continues to be ripe for acquisitions is the storage market. In the latter category, one that particularly stands out is HPE. The real storage action in the coming years in HPC, as well as in the enterprise and the cloud, is going to be in the software defined space, where companies like WekaIO, VAST Data, Excelero, and DataCore Software have built products that can virtualize all sorts of hardware. All three […], With all of us now learning to live, work, and learn from home, it is becoming apparent how critical video streaming is as a tool […], You don’t have to be a chip designer to program an FPGA, just like you don’t have to be a C++ programmer to code in […]. As it turns out, there are still plenty of companies, large and small, that can fill critical holes in the product portfolios of HPC providers, or those who want to be HPC players. August 24, 2020 3:16pm 122 Comments Share: Hewlett Packard Enterprise (NYSE: HPE ) shares are trading higher on Monday, potentially in anticipation … An HPE spokesperson said: “As we've previously announced, we are focusing our investments and realigning our workforce to... 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Revenue was impacted by COVID-19-related delays in installations and customer acceptance resulting in elevated backlog that should flow into the second half of the year, HPE asserts. • Revenue: $6.8 billion, up 13% sequentially or 14% when adjusted for currency As 2020 unfolded, the way we work together changed in fundamental ways. “Your Consent Options” link on the site's footer. If you... By bringing these assets together, we create a single organization tasked with a common mission – to provide best-in-class solutions that enable developers and operators to deploy their applications across traditional and cloud infrastructures, simply and effortlessly. These niche acquisitions will be especially important to these same providers as they expand into HPC-adjacent markets such as artificial intelligence, data analytics and edge computing. Another Disaster) to lead HPE... While this is often necessary to keep companies financially... Required fields are marked *. Learn how your comment data is processed. In their Q3 results they say revenue is down 6% YoY and that $500M of the $6.8B of revenue was backlog they cleared. If that were to happen, companies would lose huge amounts of data. • Gross Profit: $2.1 billion, up 8% sequentially 1; Celtics looking to trade up with picks Catch up with all the latest news, notes and buzz as … But most HPC OEMs, including the biggies like Hewlett Packard Enterprise, Dell Technologies, and Lenovo already have their own HPC storage and file system offerings of one sort or another, although Lenovo is probably most deficient in this regard. Those acquisitions wouldn’t offer the HPC and AI technology synergies that AMD could provide, but they would likely be easier to execute. © 2020 Verizon Media. Don't turn in your laptop until the last day. Your favorite posts saved to your browsers cookies. "We are moving our Helion OpenStack (HOS) and Helion CloudSystem teams to EG and will become part of the newly created Software-Defined & Cloud Group (SDCG), led by Ric Lewis. There’s nothing wrong with that, but a merger is a more complex decision and has greater ramifications for both parties. The problem: Much of the effort involves hardware as a service (HaaS), which is far more difficult to monetize in a predictable, recurring way compared to software as a service (SaaS). read more, MEG WHITMAN "THE POWER OF ONE" IS A DISASTER - QUIBI IS SHUTTING DOWN, Use blue "ACTIVE" button - https://www.thelayoff.com/hp-enterprise?sort=active, All these layoffs and yet marketing promotes Boko, CEO Playbook: 8 Steps to Immediately Reduce Workforce Costs. Here again, the company pointed to coronavirus-related supply chain issues. HPE will be a penny stock in the near term if they are not bought out and... As logical as the deals we have suggested seem to us, the world of acquisitions and mergers is a lot more mysterious and counterintuitive than we’d like to admit (cases in point: Intel buying Whamcloud or essentially buying Cloudera through such heavy investment). Best Cities for Jobs 2020 NEW! The worst marketing VP and the worst team that literally does nothing but complain. A free inside look at company reviews and salaries posted anonymously by employees. More certain is the fact that these deals will continue to reshape the HPC vendor landscape in the coming decade as companies go after new markets and consolidate their hold on old ones. The big name reshuffle comes quick on the heels of other significant changes in HPE, namely the very public split of Hewlett-Packard in two and, more recently, the spinoff of its enterprise services business and merger with CSC. According to HPE's product description, they're designed for "big data analytics, cloud computing, active archiving, database applications and data warehousing." One market that is nowhere near the consolidation stage is quantum computing. Camera rumors 2020: the biggest and best camera rumors around . Read more…, Sometimes HPC Means Big Memory, Not Big Compute, Ayar Labs Brings National Lab Architects And Industry Leaders Together To Talk Disaggregation, On The Edge With NVM-Express And Object Storage. It would also provide AMD entry into a whole array of new application markets where FPGAs operate: ASIC prototyping, IoT, embedded aerospace/automotive, 5G communications, AI inference, database acceleration, and computational storage, to name a few. But, exiting Q2 HPE showed $1.5B in backlog, half of which they attributed to SC issues related to COVID. But growing businesses can unconsciously sabotage their operations and their growth. The job cuts could also affect HPE's ability to deliver a trial scheduled with the US National Oceanic and Atmospheric Administration (NOAA) involving Edgeline EL8000 with SN2010M switches and Azure Stack Hub. 17.59. If that's correct, the changes have the potential to delay or end efforts to bring Aruba switches, Synergy enclosures, Edgeline servers, and SN2010M switches to Microsoft's hub. Dear Antonio, HPE Stock traded at: XNYS Industry Code: 2791 About Hewlett Packard Enterprise (HPE): HP Enterprise (HPE) is a large US based business and technology services company. Despite the weak quarterly results, HPE also pointed to a strong order backlog. Amid the challenges, HPE’s board on May 19, 2020, approved a plan that calls for: Those reductions are effective July 1, 2020 through the remainder of fiscal 2020. Explore our latest enterprise.nxt article detailing how HPE’s Trusted Supply Chain is providing a first line of defense against cyberattacks protecting your apps and data, and read the Ponemon 2020 Study on Closing the IT Security gaps to get the latest on cybersecurity best practices. Besides DDN, other storage companies like NetApp should be looking hard at bringing more SDS in-house. These cookies are used to make advertising messages more relevant to you. TL;DR: Russian telco company threatened legal action against... Its gate fidelity, which measures the accuracy of logical operations, is greater than 98 percent for both one-qubit and two-qubit operations, meaning it can handle longer calculations than other commercial quantum computers. While there may be some logic in letting other companies spend their money figuring out the most promising approaches for quantum computing, and then swoop in and copy (or buy) whatever technology is most viable, there is also the risk of being left behind. how to manage them. In this case, the company is more focused on near-term R&D, like memristors or other memory-centric technologies. HPE leadership has no moral compass. —  HPE declined to confirm the specific layoff figure we heard for Azure Stack Hub, allowing only that it's a very small number. But if HPE is truly convinced IonQ is the path forward, it would make sense to pull the acquisition trigger sooner rather than later. For what it’s worth though, Panasas, which has been around since 1999, has never attracted the kind of suitor willing to fold the company’s rather specialized parallel file system technologies into its own product portfolio. A number of key executives are to leave Hewlett Packard Enterprise, with the top-level departures coming at a time when rumours abound that the company is subject to a $40 billion takeover attempt. Another source familiar with HPE told us that approximately 200 people were laid-off from the US team working on HPE SimpliVity, a hyperconverged infrastructure offering that combines and virtualizes storage, compute, networking, and management. Anyone been let go or heard any updates as of this morning? Got my call today. read more, https://www.reuters.com/article/us-megafon-hpe/russias-megafon-settles-dispute-with-hp-over-system-failure-idUSKBN2621O6 As part of this transition, Bill Hilf will be leaving HPE to pursue other opportunities.”. Not because people are bad at what they do, but because there're so many people being laid off in the entire industry that those rare companies that are hiring really can choose the cream of the already... 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We've been told that Microsoft purchased about $500,000 worth of equipment that it had expected to use to help HPE with R&D. For more info and to customise your settings, hit © 2020 COMPUTER BUSINESS REVIEW.


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