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HPE CEO Antonio Neri On GreenLake Momentum, Edge Growth And Keerti Melkote’s Departure

Hewlett Packard Enterprise CEO Antonio Neri sounded off on GreenLake on-premises cloud service sales momentum, edge sales growth and Aruba founder Keerti Melkote’s decision to step aside as president of HPE’s intelligent edge business.

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What do you attribute the strong quarterly results with the company once again raising Fiscal Year 2021 earnings and free cash flow guidance?

I think it’s a combination of multiple things coming together. Obviously we are seeing a recovery in the market which is driving more demand. Number two is our innovation is perfectly timed for the customer needs we are seeing today in a more distributed enterprise which is becoming more edge-centric, cloud-enabled and data-driven. Number three is our execution. Our execution is very strong whether it is in R&D, supply chain or sales and marketing. That combination despite the fact that we have an industry tightening of the supply chain gave us the confidence to raise guidance for both EPS and free cash flow for the year.

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