HPE acquires Morpheus Data to round out HPE GreenLake features
HPE said Morpheus Data will give GreenLake the ability to provision multi-cloud and multi-vendor apps, orchestrate and automate workloads and optimize cloud costs.
HPE said Morpheus Data will give GreenLake the ability to provision multi-cloud and multi-vendor apps, orchestrate and automate workloads and optimize cloud costs.
Hewlett Packard Enterprise posted a mixed first quarter where sales fell short of expectations due to what CFO Marie Myers said were "challenges brought by the softening of the networking market and GPU deal timing."
HPE said the Juniper Networks will strengthen its networking business and complement its edge-to-cloud strategy.
CFO Jeremy Cox said HPE was seeing "promising indicators of continued demand in the areas of the market we are prioritizing, especially in AI."
HPE CEO Antonio Neri and interim CFO Jeremy Cox provided noted the company can expand its total addressable market by almost $100 billion over the next four years due to AI use cases.
Antonio Neri, CEO of HPE, said "demand improved sequentially across all key business segments, with particular strength in our HPC & AI segment."
HPE is taking a hybrid and private cloud approach to deploying AI with a focus on industries including healthcare and life sciences, financial services, manufacturing and transportation.
At HPE Discover, the company outlined a bevy of GreenLake additions.
PE's intelligent edge unit delivered second quarter revenue of $1.3 billion, up 50% from a year ago. The HPC and AI unit had revenue of $840 million, up 18% from a year ago.