Investment Thesis
Hewlett Packard Enterprise delivers hybrid cloud infrastructure, storage, networking, and HPC/AI solutions. GreenLake as-a-service model and AI infrastructure drive recurring revenue.
- GreenLake ARR: Consumption-based services exceed $1B ARR and growing double digits.
- HPC/AI Leadership: Cray systems power government and enterprise AI workloads.
- Edge Networking: Aruba drives high-margin networking growth.