HPE Unveils Largest Single Memory Computing System – TheTradersWire

HPE Unveils Largest Single Memory Computing System


HPE Unveils Largest Single Memory Computing System

By Shoshanna Delventhal | May 16, 2017 — 6:38 PM EDT

Palo Alto, Calif-based enterprise IT giant Hewlett Packard Enterprise Co. (HPE) continues on its mission to become a leader in the next-gen tech space with the hybrid cloud and computing at the core of its business.

In 2015, HPE split from its PC and printing arm HP Inc. (HPQ), wherein after Chief Executive Officer (CEO) Meg Whitman helped transition the company away from software and enterprise services to core hardware sales and new investments. (See also: Analysts See ‘Real Muscle’ in HPE, Arista Alliance.)

Debut of ‘The Machine’

On Tuesday, HPE released its latest product designed for “the age of big data,” a new computer that holds a massive 160 terabytes. For reference, one terabyte equals 1,000 gigabytes, with the latest iPhone 7 Plus containing just 3 gigabytes of random-access memory. The prototype reportedly has enough memory to store and work with every book in the Library of Congress five times over.

The prototype computer is part of HPE’s new memory-driven computing project called “The Machine,” intended to rethink how computers work. By using a new kind of memory, HPE expects to be able to build a machine which can hold up to 4,096 yottabytes, large enough to store 250,000 times all the data currently stored around the globe.

Edging Aside Intel, Microsoft

“With the exploding growth in data, computer architectures are hitting a wall with how to deal with all that data,” said HPE’s Chief Technology Officer (CTO) Mark Potter.

As part of the new project, HPE is dropped its long-standing partnership with Microsoft Corp. (MSFT) and building a new operating system based on Linux to run the computer. The firm will also employ ARM chips as the computer’s main processor instead of Intel Corp. (INTC) chips.

Closing up about 0.6% on Tuesday at a price of $19.11 per share, HPE stock reflects an approximate 61.6% gain over the 12-month period and a 10.2% increase year-to-date (YTD). (See also: HPE Lowers Outlook After Completion of Spinoff.)
Published at Tue, 16 May 2017 22:38:00 +0000

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