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MarketScreener Homepage  >  Equities  >  Nyse  >  Hewlett Packard Enterprise    HPE

HEWLETT PACKARD ENTERPRISE

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Hewlett Packard : HPE improves Dubai public safety through artificial intelligence solutions for Dubai police

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10/30/2018 | 12:07pm EDT

Dubai, UAE - October 22, 2018 - Hewlett Packard Enterprise (HPE) today announced it has extended its agreement with Dubai Police General Headquarters to help develop its applications and technology infrastructure, as well as enhance its position as the leading global police force in both the smart services and Artificial Intelligence (AI) technology fields.

Following His Highness Shaikh Mohammed bin Rashid Al Maktoum's initiative to transform Dubai into the smartest city in the world by 2021, HPE and Dubai Police have signed an agreement to build an Artificial Intelligence program to optimize their operations and reduce time taken to respond to calls.

As part of the agreement, HPE will apply its proven best practices to correctly size and configure a solution for the Dubai Police's AI Lab using an HPE Apollo 6500 Gen10 system to support the development of different AI use cases for the Dubai Police. In addition, HPE will deliver educational training courses to staff members and IT individuals. In return, Dubai Police will involve HPE in planning their strategic and future AI initiatives and projects.

'We are the market leader when it comes to high performance systems optimized for AI use cases and are delighted to continue working alongside the most innovative police force in the world,' said Fabio Fontana, Managing Director for Middle East at HPE. 'Using our AI and deep learning solutions, Dubai Police will be able reap the benefits of optimum performance, extreme scalability and faster deployment, leading to faster time to market and better business outcomes - overall increasing public safety.'

About Hewlett Packard Enterprise

Hewlett Packard Enterprise is a global technology leader focused on developing intelligent solutions that allow customers to capture, analyze and act upon data seamlessly from edge to cloud. HPE enables customers to accelerate business outcomes by driving new business models, creating new customer and employee experiences, and increasing operational efficiency today and into the future.

Disclaimer

Hewlett Packard Enterprise Co. published this content on 30 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 October 2018 16:06:06 UTC

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Financials ($)
Sales 2019 30 855 M
EBIT 2019 2 737 M
Net income 2019 1 259 M
Debt 2019 9 068 M
Yield 2019 3,00%
P/E ratio 2019 14,63
P/E ratio 2020 12,26
EV / Sales 2019 0,97x
EV / Sales 2020 0,99x
Capitalization 20 953 M
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 18
Average target price 17,3 $
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Antonio Fabio Neri President, Chief Executive Officer & Director
Patricia Fiorello Russo Chairman
Tarek A. Robbiati Chief Financial Officer & Executive Vice President
Archana Deskus Chief Information Officer
Mark R. Potter CTO & Director-Hewlett Packard Labs
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