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HPE CEO Antonio Neri On Google Cloud Agreement, Broadcom VMware Deal, Dell And Cisco

Hewlett Packard Enterprise CEO Antonio Neri spoke with CRN about the company’s blockbuster HPE GreenLake distributed cloud agreement, the impact of Broadcom’s $61 billion acquisition of VMware, and how HPE’s second fiscal quarter results compare with rivals Dell Technologies and Cisco.

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Another Blockbuster Quarter For HPE GreenLake

Hewlett Packard Enterprise CEO Antonio Neri said that GreenLake’s strong performance led to a whopping 107 percent increase in as-a-service orders in the most recent quarter.

“That is the third straight quarter of triple digit [as-a-service growth],” said Neri in a conference call with analysts. “We continue to see a great deal of interest in our [GreenLake] platform which is evident in our sales pipeline.”

HPE added an additional 150 new GreenLake customers in the quarter, including BMW Group, which is using the platform to “streamline and unify” its data management across its global locations, said Neri.

In addition, Worldline, the fourth-largest digital payment provider, is leveraging GreenLake to implement an upgrade to its payment platform, said Neri.

The number of partners “actively selling” GreenLake increased by more than 50 percent compared with the year ago quarter, said Neri.

In addition, the number of partners selling multiple GreenLake deals increased in the quarter by 2.5 times year over year.

With supply constraints a factor in the quarter, HPE reported non-GAAP diluted net earnings of 44 cents per share on sales of $6.71 billion for its second fiscal quarter, ended April 30. That compares with non-GAAP diluted net earnings per share of 46 cents on sales of $6.7 billion in the year-ago quarter.

HPE order growth was up 20 percent from the year-ago quarter, the fourth consecutive quarter of 20 percent or more order growth.

“We are seeing persistent demand from our customers, underscoring both their IT spending prioritization and their attraction to our compelling portfolio,” said Neri.

Ahead of the conference call, Neri spoke with CRN about the company’s new agreement with Google Cloud, Broadcom’s impending acquisition of VMware and how HPE stacks up against competitors Dell and Cisco.

 
 
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