Hewlett Packard Enterprise (HPE) - Statistics & Facts

Hewlett Packard Enterprise (HPE) is an American technology company which was formed on November 1, 2015, following the break-up of the IT giant, Hewlett-Packard Company. Along with HPE, the other company that emerged from the split was HP Inc. The history of the Hewlett Packard name stretches back to 1935, when the original organization was founded in the garage of William Hewlett and David Packard. Initially producing a range of electronic test equipment, HP Co rose to become one of the leading global manufacturers of personal computers, as well as one of the largest suppliers of servers, storage and networking equipment, and a global supplier of consumer and enterprise IT services.

Despite being decoupled from the PC market, there appears to be little doubt that HPE will remain a multi-billion dollar company, with HPE's net earnings amounting to 344 million U.S. dollars in 2017. With the completion of the seperation and merger of HPE's Enterprise services and software business segments in 2017 HPE's employee count now stand at around 66 thousand. Hewlett Packard Enterprise's main business segments are the enterprise group segment, which provides technology infrastructure such as servers, storage, networking equipment, and technology services; and financial services, which facilitate flexible IT consumption models and investment. The software unit, sold in September 2016, specialized in big data, application delivery management, security, and operations management.

HPE's size and spread means they hold sizeable positions in a number of global markets. As of June 2018, Hewlett Packard has supplied the second largest share of supercomputers in among the top 500 supercomputers worldwide. In terms of name recognition, both HP Inc and HPE will benefit from Hewlett Packard's strong brand position. The Hewlett Packard brand ranks as one of the most valuable brands worldwide.

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Hewlett Packard Enterprise (HPE)

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