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HEWLETT PACKARD ENTERPRISE (HPE)
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Hewlett Packard : University of Houston, Hewlett Packard Enterprise collaborate on data science

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11/03/2018 | 05:26pm CET

A new collaboration between the University of Houston and Hewlett Packard Enterprise will aim to use data science for solving problems in health care, energy and other local industries.

The two organizations on Friday announced that Hewlett Packard Enterprise will give $10 million to the university`s Data Science Institute, which will be renamed the Hewlett Packard Enterprise Data Science Institute.

The money from Hewlett Packard Enterprise will also provide funding for a scholarship endowment and equipment to enhance data science research activities. In addition, Hewlett Packard Enterprise leaders will become lecturers for UH classes, and UH researchers can help solve problems for Hewlett Packard Enterprise customers.

Students will likewise work on research areas suggested by Hewlett Packard Enterprise, part of an effort to focus on real-world problems.

"A significant portion of our workforce here are alumni, so we are thrilled to have an opportunity to drive innovation in data science and shape the future workforce in that area," Mark Potter, chief technology officer for Hewlett Packard Enterprise, said in a news release. "We look forward to continuing to expand the partnership over time and tackling meaningful research that will accelerate discoveries for the industry."

The Data Science Institute is a relatively new program for the university, announced just one year ago.

(c) All KUNA right are reserved 2018. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2018 30 728 M
EBIT 2018 2 748 M
Net income 2018 2 976 M
Debt 2018 6 326 M
Yield 2018 2,53%
P/E ratio 2018 7,86
P/E ratio 2019 15,77
EV / Sales 2018 0,93x
EV / Sales 2019 0,96x
Capitalization 22 369 M
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Mean consensus HOLD
Number of Analysts 23
Average target price 18,7 $
Spread / Average Target 23%
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Managers
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Antonio Fabio Neri President, Chief Executive Officer & Director
Patricia Fiorello Russo Chairman
Tarek A. Robbiati Chief Financial Officer & Executive Vice President
Margaret C. Whitman Director
Daniel Ammann Independent Director
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