Hewlett Packard Enterprise Outlines as-a-Service Strategy and Announces FY20 Outlook
Summary
“ Over the past year, HPE has improved profitability across the company and generated record levels of free cash flow by sharpening our focus and strategically investing in higher value, software-defined solutions,” said Neri. Anticipating customer needs, HPE has taken very deliberate steps to pivot its portfolio to innovative software-defined solutions and services and is uniquely positioned to address the full scope of customers’ needs from edge to cloud. I am more confident than ever in our ability to deliver a very differentiated experience for our customers, which we believe will drive long-term profitable growth over the next three years and provide strong returns for our shareholders,” concluded Neri. The company expects compounded annual revenue growth rate of 1-3% adjusted for currency driven by Edge, Storage, High Performance Compute & Mission Critical Systems and related services. Hewlett Packard Enterprise is a global technology leader focused on developing intelligent solutions that allow customers to capture, analyze, and act upon data seamlessly from edge to cloud.