HPE

Ecommerce major Flipkart has closed its nearly $1-billion funding round with Google coming on board. More on this in today’s ETtech Top 5.

"HPE's plan to manufacture servers in India aligns with its broader objective of supply chain diversification and resiliency. The company is actively exploring opportunities to deepen localisation by leveraging VVDN's backward integration capability...

Enterprises are hesitant to sign new contracts, commit to long-term initiatives or take on new technology partners, although IT spend is expected to increase in 2024, according to research firm Gartner.

This location is set to become the largest concentration of HPE facilities globally, nearly double the size of its next biggest site.

HPE on Tuesday offered to buy the networking firm, which makes custom networking chips and gear that can be used inside data centers to power artificial intelligence.

On certain days, HPE records as many as 2.6 billion logged requests and cybersecurity-related events. Cybersecurity, therefore, is no longer a “one-time effort” that companies are putting in, Sadasiva Ranganath said.

HPE expects revenue in the first quarter of fiscal 2024 to be in the range of $6.90 billion to $7.30 billion, the mid point of which is below estimates of $7.28 billion.

The Indian government has approved 27 firms, including Dell, Foxconn, HP, and Lenovo, under a new IT hardware scheme. Around 30 out of 40 applicants are expected to qualify for the Rs 17,000-crore production linked incentive (PLI) scheme.

Around 30 out of 40 companies are expected to qualify for India's Rs 17,000-crore production linked incentive (PLI) scheme for IT hardware. The scheme aims to encourage the production of personal computers, laptops, tablets, servers, and other equip...

The company has signed a memorandum of understanding with VVDN Technologies which will manufacture HPE’s products from its Manesar plant in Haryana.

The move puts HPE into direct competition with cloud computing providers such as Amazon.com, Microsoft Corp and Alphabet Inc's Google.

Rapid innovation in chip and hardware design, coupled with subscription and as-a-service cloud offerings from companies such as IBM, HPE, Microsoft Azure and AWS, have made quantum computing infrastructure accessible.

Global CEO says large workforce in India and innovation driven out of here are key drivers

Ancillary units or vendors of large enterprises are leading this demand, as they seek to comply with the IT requirements of clients, said HPE India MD Som Satsangi.

Managing work from home has not been easy for Som Satsangi.

These include technology (to explore technology partnerships through licensing agreements), go-to-market (to explore joint solutions and GTM models to address the digitisation challenges of enterprise customers) and investment (to explore equity inv...

The company said it would begin construction of a high-tech extension to its Mahadevapura Campus in Bengaluru that will be able to house more than 10,000 employees, as well as state-of-the-art R&D facilities.

While cybersecurity firms and government agencies have issued multiple warnings about the Cloudhopper threat since 2017, they have not disclosed the identity of technology companies whose networks were compromised.

Though Sikka said he had no concrete plans post-Infosys, sources said he's been evaluating multiple options and HPE is the one he will likely opt for.