Analyst Commentary

Despite software downsizing initiatives, HPE’s recent acquisitions indicate efforts to expand presence in hybrid IT infrastructure and management

Amid continued software revenue declines, HPE invests in hybrid IT management and cloud, highlighting the company’s long-term infrastructure focus
On its CY4Q16 (FY1Q17) earnings call, Hewlett Packard Enterprise (HPE; NYSE: HPE) reported corporate revenue of $11.4 billion, representing a year-to-year decline of 10%. HPE’s performance suffered from a combination of a lack of demand for legacy solutions; purposeful account runoffs by HPE Enterprise Services in less profitable engagements; and typical seasonality. HPE Softw...

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