Hewlett Packard Enterprise (NYSE: HPE) plunged over 1.56% in last afterhours trading after the company announces that City Electrical Factors, the largest electrical wholesaler in the UK, has chosen HPE’s edge-to-cloud technology, GreenLake, to speed up its digital transformation process.
Using Zerto’s disaster recovery features, the HPE GreenLake platform will help CEF manage its IT infrastructure more efficiently and increase security. The UK’s electrical wholesaler will benefit from improved IT scalability and flexibility thanks to the GreenLake installation, which will also hasten the company’s expansion into new cloud regions.
Customers can see more clearly how their resources are being used across co-located and workloads running on public clouds thanks to HPE’s GreenLake solution. The management of apps and data is ensured by the services. Additionally, HPE’s GreenLake service portfolio offers clients a pay-per-use, agile, and adaptable cloud experience, negating the need for a sizable upfront capital commitment.
The GreenLake platform from HPE keeps landing consecutive wins. To power its highly secure cloud service, Maincare Hosting Services, the top French healthcare software firm Maincare picked HPE GreenLake in September 2022.
Strong performance in clearing backlogs, an enhanced supply chain, and rising consumer acceptability have all benefited the organization. The move by Hewlett Packard to concentrate on higher-margin products like Intelligent Edge and Aruba Central Hyperconverged Infrastructure is helping the company’s financial situation.
Harmonic Announces Fourth Quarter and Fiscal 2022 Results
Harmonic Inc. (NASDAQ: HLIT) plummeted over 12.32% in pre trading session on Tuesday as the firm released that its unaudited results for the fourth quarter and fiscal year ended December 31, 2022.
The president and chief executive officer of Harmonic, Patrick Harshman stated that with record quarterly sales, great gross margins, and operating profit in both our Broadband and Video divisions, Harmonic had a remarkable year-end performance. The Broadband segment’s revenue increased by 38% during the quarter, while video SaaS revenue increased by 51%. Demand and competitive difference for both our broadband and video SaaS solutions are very robust as we go into 2023, as seen by our sizable backlog and deferred revenue.
CommScope (NASDAQ: COMM) Launches of A New Line of Entry-Level Switches
A global leader in network connectivity solutions, CommScope (NASDAQ: COMM) slightly up in pre session as the business announced the launch of a new line of entry-level, scalable edge switches with 25 Gbps uplink ports from RUCKUS Networks. The first entry-level enterprise switch that offers fiber-to-the-room connection is part of this series.
Senior Vice President, RUCKUS Networks, CommScope, Bart Giordano stated that the ICX® 8200 series is a wired platform that is built specifically to handle the next generation of wireless-first and IoT campus networks. It is optimized for the delivery of wireless services. Their most recent product line contains three models that will provide a fiber-to-the-room solution and will support both the most cutting-edge Wi-Fi technology now available and any future generations of Wi-Fi.
