Shares of Hewlett Packard Enterprise Co (NYSE:HPE) ended Wednesday session in green amid volatile trading. The shares closed up +0.50 points or 2.21% at $23.12 with 10.68 million shares getting traded. Post opening the session at $22.60, the shares hit an intraday low of $22.57 and an intraday high of $23.12 and the price vacillated in this range throughout the day. The company has a market cap of $38.41 billion and the numbers of outstanding shares have been calculated to be 1.67 billion shares.
On September 12, 2016 Aruba, a Hewlett Packard Enterprise company (HPE), announced new network procurement and consumption models to give enterprise customers more flexibility and choice in how they obtain and support their network infrastructure.
The rapid introduction of mobile technologies and the Internet of Things (IoT) have accelerated the requirements for IT network infrastructures. With refresh cycles measured in months instead of years, networks need to enable a new set of end user and line-of-business facing digital services requiring IT organizations to efficiently adapt and deliver enterprise grade security at the highest levels of reliability.
To remove unpredictability in IT operations and spending, Aruba is taking a software-based approach with its Mobile First Platform, enabling IT organizations to quickly respond to new requirements as they emerge, minimize capital expenditures, and maintain a competitive edge. Customers benefit from customized options for obtaining and managing their networks with Aruba’s portfolio of programmable IT networking products for Wi-Fi, BLE, wired and wide area network (WAN) connectivity, and consulting, support and technology services from its key alliances.
Shares of Brocade Communications Systems, Inc. (NASDAQ:BRCD) ended Wednesday session in green amid volatile trading. The shares closed up 0.06 points or 0.68% at $8.94 with 10.11 million shares getting traded. Post opening the session at $8.95, the shares hit an intraday low of $8.72 and an intraday high of $9.10 and the price vacillated in this range throughout the day. The company has a market cap of $3.53 billion and the numbers of outstanding shares have been calculated to be 400.87 million shares.
Brocade Communications Systems, Inc. (BRCD) on Sep 13, 2016 announced the Brocade® SLX™ 9850, a next-generation data center routing solution designed to support the exponential growth in network traffic and deliver the advanced functionality that organizations require as they accelerate their digital transformation. The extensible SLX 9850 provides industry-leading density, scale and performance for 10/40/100GbE data center use cases.
Leveraging a unique combination of hardware and software innovations, the SLX 9850 router includes the embedded Brocade SLX Insight Architecture™ that delivers pervasive network visibility for unparalleled insight to meet increasingly stringent service levels. The SLX 9850 also takes advantage of Brocade Workflow Composer™ to provide server-based, DevOps-style network automation that integrates across IT domains for end-to-end workflow automation.
Gartner forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from 2015, and will reach 20.8 billion by 2020.1 In 2021, video will account for about 70 percent of mobile data traffic.2 With cloud services, video streaming, Internet of Things (IoT) and mobile connectivity growing at exponential rates, organizations must ensure that the infrastructure they deploy can support dramatic future traffic growth. At the same time, as network operational complexity continues to grow, improved visibility and automation are becoming essential to achieving business agility.