Hewlett Packard’s (HPE) purchase of Pachyderm to Boost AI Offerings
Hewlett Packard Enterprise HPE recently expanded its AI-at-scale solution portfolio with the acquisition of the San Francisco-based startup delivering software, based on open-source technology, to automate reproducible machine learning pipelines that target large-scale AI applications — Pachyderm. The buyout, which is anticipated to conclude in this month, stands on the company’s investment in Pachyderm through Hewlett Packard Pathfinder, to upscale time-to-market for AI innovation at reduced data processing and operating costs.
Pachyderm’s reproducible AI software improves HPE’s existing AI-at-scale offerings by efficiently maximizing machine learning initiatives of the data scientists, optimizing their infrastructure cost and ensuring that data is reliable and safe anywhere in the AI ecosystem. HPE’s AI-at-scale combines its leading supercomputing technologies that are foundational for optimized AI infrastructure, and the HPE Machine Learning Development Environment to aid enterprise users train more accurate AI models quickly and at scale, on several of the world’s fastest supercomputers purpose-built for demanding AI workloads.
Pachyderm Complements HPE’s AI-at-scale Portfolio
HPE integrates Pachyderm’s reproducible AI solutions in a single integrated platform to provide an advanced data-driven pipeline that automatically refines, prepares, tracks and manages repeatable machine learning processes which are used throughout the development and training environment. This will enable the company to quickly develop and deploy large-scale AI apps with benefits such as data versioning, data lineage and efficient incremental data processing.
HPE Machine Learning Development Environment, Pachyderm software and other solutions are integrated by Lockheed Martin’s open architecture approach to AI-at-scale, AI Factory. Pachyderm will be combined with the upcoming HPE Machine Learning Development System versions to reduce complexity and cost of developing and training models.
Currently, Pachyderm’s software is available for integration with HPE’s existing AI software solutions.
Hewlett Packard Enterprise Company Price and Consensus
Hewlett Packard Enterprise Company price-consensus-chart | Hewlett Packard Enterprise Company Quote
Hewlett Packard sees AI, Industrial Internet of Things, and distributed computing to be the next big markets. It is actively seeking acquisitions that will allow it to concentrate on high-margin hybrid IT model which combines on-premises computing with cloud computing. It acquired four businesses in 2021: Ampool, Zerto and Determined AI. This increased its capabilities and product portfolios within the rapidly growing cloud space, including software-defined networks, converged and hyperconverged infrastructure, and software-defined networks.
Strong executions in clearing backlogs and improving supply chain have helped HPE reap the benefits of increased customer acceptance. The company’s efforts to shift focus to higher-margin offerings like Intelligent Edge and Aruba Central Hyperconverged Infrastructure are aiding its bottom-line results. However, the company’s top-line growth is being hampered by execution issues in its Intelligent Edge segment.
Zacks Rank & Stocks to Consider
Hewlett Packard currently holds a Zacks #3 (Hold) rank. HPE shares plunged 6.3% over the past year.
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