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Hewlett Packard to invest USD 4 billion in Intelligent Edge

To extend its leadership, HPE will also continue to advance Memory-Driven Computing, which will dramatically accelerate the speed, accuracy and efficiency of localized computing at the edge.


Devdiscourse News Desk
Updated: 20-06-2018 11:14 IST
Hewlett Packard to invest USD 4 billion in Intelligent Edge

Global technology leader Hewlett Packard Enterprise (HPE) announces plans to invest USD 4 billion in Intelligent Edge technologies and services over the next four years, to help customers turn data from every edge to any cloud into intelligence. (Image Credit: Twitter)

Global technology leader Hewlett Packard Enterprise (HPE) announces plans to invest USD 4 billion in Intelligent Edge technologies and services over the next four years, to help customers turn data from every edge to any cloud into intelligence, a company statement told.

The strategic investment will go towards research and development to advance and innovate new products, services and consumption models across a number of technology domains such as security, AI and machine learning, automation and edge computing.

"Data is the new intellectual property, and companies that can distil intelligence from their data —whether in a smart hospital or an autonomous car—will be the ones to lead. HPE has been at the forefront of developing technologies and services for the Intelligent Edge, and with this investment, we are accelerating our ability to drive this growing category for the future," said Antonio Neri, president and chief executive officer, HPE.

"The next evolution in enterprise technology will be in edge-to-cloud architecture. Enterprises will require millions of distributed clouds that enable real-time insights and personalized experiences exactly where the action is happening, he added."

To extend its leadership in the market, HPE will also continue to advance Memory-Driven Computing, which will dramatically accelerate the speed, accuracy and efficiency of localized computing at the edge.

HPE told that it will also continue to invest in open standards and open source technologies, cultivate communities of software, AI, and network engineers, and further develop its ecosystem through new and expanded partnerships.