Headquartered in Spring, TX, Hewlett Packard Enterprise Company was formed as a result of the split of Hewlett-Packard Company into two separate entities – one focusing on the enterprise-facing hardware and service business and the other focusing on the consumer-facing computer and printer segments.
Effective Nov 1, 2015, the enterprise and service business-oriented company, Hewlett Packard Enterprise, started trading under the ticker symbol “HPE”, while the PC-focused business named, HP Inc., continues to trade under the symbol “HPQ”. During fiscal 2017, the company divested its two business segments — Enterprise Services and Software.<...
Headquartered in Spring, TX, Hewlett Packard Enterprise Company was formed as a result of the split of Hewlett-Packard Company into two separate entities – one focusing on the enterprise-facing hardware and service business and the other focusing on the consumer-facing computer and printer segments.
Effective Nov 1, 2015, the enterprise and service business-oriented company, Hewlett Packard Enterprise, started trading under the ticker symbol “HPE”, while the PC-focused business named, HP Inc., continues to trade under the symbol “HPQ”. During fiscal 2017, the company divested its two business segments — Enterprise Services and Software.
Effective first-quarter fiscal 2020, Hewlett Packard started reporting financial results under six segments – Compute, High Performance Compute & Artificial Intelligence (HPC & AI), Storage, Financial Services, Intelligent Edge and Corporate Investments and Other. In fiscal 2023, the company reported revenues of $29.1 billion.
Compute segment (39% of fiscal 2023 revenues) includes general purpose server and certain workload optimized server portfolios.
HPC & AI division (13%) consists of high performance compute, mission-critical systems, and edge compute offerings.
Storage unit (15%) combines the former Hybrid IT-Storage business unit, the related operational services business and the hyperconverged infrastructure products.
Intelligent Edge (18%) includes HPE Aruba and HPE Aruba Services, containing primarily the WLAN portion of the old “networking” segment with a small portion of the old “technology services” segment.
The Financial Services segment (12%) offers leasing, financing, IT consumption and utility programs, and asset management services.
The Corporate Investment and Other division accounted for 4% of the fiscal 2023 total revenues.
Geography-wise, the Americas, the EMEA, and the Asia Pacific and Japan accounted for 43%, 35% and 2%, respectively, for fiscal 2023 total revenues.
The company markets and sells its products through distribution partners, resellers, original equipment manufacturers (OEMs), systems integrators, independent software vendors, and advisory firms.