Hewlett Packard Enterprise Co (NYSE: HPE)

Hewlett Packard Enterprise Company (HPE), a global technology leader, has been at the forefront of developing intelligent solutions to enable customers to capture, analyze, and act upon data seamlessly from edge to cloud since its inception in 1939 by William R. Hewlett and David Packard. Today, HPE is a platform-based company, powered by a portfolio richer in software and services, with a vision to be the edge-to-cloud company.

HPE operates in the technology sector and generates revenue through its primary products and services, including Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other. The company's Compute portfolio consists of general-purpose servers for multi-workload computing and workload-optimized servers for demanding applications. The HPC & AI business offers integrated systems designed to address High-Performance Computing, Artificial Intelligence, Data Analytics, and Transaction Processing workloads for government, research institutions, and commercial customers.

The Storage segment provides data storage and data management offerings, including cloud-native primary storage, self-service private cloud, and disaster recovery and ransomware recovery solutions. The Intelligent Edge business is comprised of a portfolio of secure edge-to-cloud solutions operating under the Aruba brand, which includes wired and wireless local area network, campus, branch, and data center switching, software-defined wide-area networking, network security, and associated services.

HPE's Financial Services provides flexible investment solutions, such as leasing, financing, IT consumption, utility programs, and asset management services for customers. The company's Corporate Investments and Other segment includes the Advisory and Professional Services business, which offers consultative-led services, HPE and partner technology expertise, and implementation services.

HPE has a strong brand reputation and a long history of innovation, making it a leader in the technology sector. The company's key competitors include other technology leaders, such as Dell, Cisco, and IBM. HPE's competitive advantages, including its edge-to-cloud strategy and solutions, comprehensive portfolio, and differentiated consumption-based IT solutions, help it maintain its position as a leader in the industry.

HPE's customers range from small-and-medium-sized businesses to large global enterprises and governmental entities. The company's customers are interested in unifying all their applications and data with a consistent cloud experience, better extracting value from their growing stores of rapidly evolving data, and gaining insights from data to deliver business transformations.

The company's strengths include its edge-to-cloud strategy and solutions, comprehensive portfolio, differentiated consumption-based IT solutions, open platforms, and multi-year innovation roadmap and strong balance sheet. HPE's edge-to-cloud strategy is uniquely designed to enable customers to securely access, control, and maximize the value of all their workloads and data assets to accelerate business outcomes.

HPE's customers are organized by commercial and large enterprise groups, including business and public sector enterprises, and purchases of its products, solutions, and services may be fulfilled directly by HPE or indirectly through a variety of partners, including resellers, distribution partners, original equipment manufacturers, independent software vendors, and systems integrators.

HPE's commitment to research and development (R&D) is evident in its R&D expenditures of $2.3 billion in fiscal 2023, $2.0 billion in fiscal 2022, and $2.0 billion in fiscal 2021. The company's R&D efforts are focused on designing and developing products, services, and solutions that anticipate customers' changing needs and desires and emerging technological trends. HPE anticipates that it will continue to have significant R&D expenditures in the future to support the design and development of innovative, high-quality products, services, and solutions to maintain and enhance its competitive position.