When Hewlett Packard The split in November 2015 did not mark the end of an era, but the beginning of two industry heavyweights.
The pioneering Silicon Valley firm was founded in 1939, but in the rapidly evolving technology environment, the decision to split into two separate organizations made sense.
In a 2017 interview with the magazine BBC NewsFormer CEO Meg Whitman explained that the company essentially became too big for its needs. The company was not flexible enough to compete in a rapidly changing market.
However, this was not just an attempt to shake things up. There were problems in the years leading up to the split.
HPE goes it alone
HPE has firmly established itself as a key player in cloud computing, infrastructure, and now networking.
The company's key product lines, such as ProLiant servers, Aruba networking services and GreenLake cloud solutions, are widely popular. With the advent of generative artificial intelligence, the company has dramatically shifted to support artificial intelligence infrastructure.
The company posted “record revenue” in its latest quarterly earnings report, according to current CEO Antonio Neri.
It is noteworthy that the company acquisition of Juniper Networks also positions it as a key player in the networking space, preparing it for the upcoming battle with Cisco, Delland Broadcom in this domain.
What's going on with HP?
HP is still one of the largest PC manufacturers in the world by sales. According to an IDC analysis earlier this year, the company ranked second in this regard with a market share of 1.9%.
It is noteworthy that the company has held this position for several years, behind Lenovo, which owns 24.% of the shares.
With the advent of artificial intelligence computers, the manufacturer has made every effort to speed up development on this front along with competitors in this field.
