HPE to invest $4 billion in intelligent edge technologies over the next four years

Hewlett Packard Enterprise (HPE) is planning to invest $4 billion into intelligent edge technologies and services over the next four years.

Antonio Neri, CEO of HPE, announced the company’s plan at Discover conference. Edge computing or intelligent edge, as HPE refers to it, covers most of the modern technologies entering the market.

Aim of the new investment is to help customers turn all their data from every edge to any cloud into intelligence, said HPE. It will drive seamless interactions between people and things, and provide personalized user experiences.

HPE will specifically invest in research and development to transform the services, products, and consumption models covering cybersecurity, automation, and artificial intelligence (AI) and machine learning.

“Data is the new intellectual property, and companies that can distill intelligence from their data —whether in a smart hospital or an autonomous car—will be the ones to lead,” said Antonio Neri. “HPE has been at the forefront of developing technologies and services for the Intelligent Edge, and with this investment, we are accelerating our ability to drive this growing category for the future.”

Gartner forecasted that 75% of enterprise-generated data will be created and processed outside traditional, centralized data center or cloud by 2022, up from around 10% in 2018. Most of the digital business projects will be created at the edge.

HPE plans to meet all the demands of intelligent edge with the new investment plan. The company is already a prominent player in fast-growing market for intelligent edge. For instance, HPE’s Aruba and Pointnext services are helping Gatwick Airport in becoming the most technologically advanced airport in the world.

Also read: HPE simplifies hybrid cloud management with GreenLake Hybrid Cloud

“The next evolution in enterprise technology will be in edge-to-cloud architecture,” continued Neri.  “Enterprises will require millions of distributed clouds that enable real-time insights and personalized experiences exactly where the action is happening.”