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4-Traders Homepage  >  Equities  >  Nyse  >  Hewlett Packard Enterprise Co    HPE

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Hewlett Packard Enterprise Introduces Blockchain as-a-Service Solution for Enterprises

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11/10/2017 | 06:01pm CET

PALO ALTO, Calif., Nov. 10, 2017 (GLOBE NEWSWIRE) -- Hewlett Packard Enterprise (NYSE:HPE) today announced the first product in the HPE Mission Critical Blockchain family. Mission Critical Distributed Ledger Technology (DLT) is a solution that enables customers to run distributed ledger workloads on the highest availability enterprise platforms.

Mission Critical DLT is a distributed ledger technology that is used to record transactions across a decentralized network of computers and has a wide range of potential applications across industries. According to Gartner, blockchain will generate $176 billion in business value by 2025.1

Enterprises evaluating blockchain solutions are finding that generic infrastructure and public cloud environments cannot support the requirements they need in terms of performance, security, scalability and resiliency. HPE’s Mission Critical DLT solution offers availability and fault protection for enterprise-grade applications. This solution includes Scalability and SQL integration that cannot be realized with workloads running in a public cloud environment or generic infrastructure.

The Mission Critical DLT solution is a part of HPE’s overall approach to bring enterprise-grade capability to blockchain workloads. The solution is offered on HPE Integrity NonStop platforms, which process two out of every three credit card transactions in the world. It was developed in partnership with enterprise software firm R3, integrating the company’s distributed ledger technology with HPE's mission critical platform. This combination enables customers to execute distributed-ledger workloads in environments that demand 100 percent fault tolerance at mission critical levels and ensures massive scalability to grow with the business as well as SQL integration with legacy systems.

“Enterprises interested in blockchain are realizing that public cloud alone does not always meet their non-functional requirements,” said Raphael Davison, Worldwide Director for Blockchain, HPE. “As they look to scale, they recognize that, for mission-critical processes, on-premise infrastructure must be part of the mix of traditional IT, private and public cloud that’s needed to meet the requirements of enterprise-grade blockchain workloads.”

Product Availability
HPE Mission Critical DLT is expected to be commercially available in early 2018. Customers also will be able to purchase access to this solution in a “DLT as a Service” environment for serious trials and production use later in the year.

About Hewlett Packard Enterprise
Hewlett Packard Enterprise is an industry leading technology company that enables customers to go further, faster. With the industry’s most comprehensive portfolio, spanning the cloud to the data center to workplace applications, our technology and services help customers around the world make IT more efficient, more productive and more secure.

_____________________

1 Gartner, “Practical Blockchain: A Gartner Trend Insight Report,” March 2017.

Editorial contact:

Angela Chatzidimitriou, HPE
[email protected] 


© GlobeNewswire 2017
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Financials ($)
Sales 2017 33 459 M
EBIT 2017 2 872 M
Net income 2017 -27,5 M
Debt 2017 6 501 M
Yield 2017 1,90%
P/E ratio 2017 -
P/E ratio 2018 23,40
EV / Sales 2017 0,86x
EV / Sales 2018 1,00x
Capitalization 22 154 M
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Mean consensus HOLD
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Average target price 15,7 $
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Margaret C. Whitman Chief Executive Officer
Antonio Fabio Neri President
Patricia Fiorello Russo Independent Chairman
Timothy C. Stonesifer Chief Financial Officer & Executive Vice President
Daniel Ammann Independent Director
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