HPE Q4 2024: A Comprehensive Review Hewlett Packard Enterprise (HPE) has released its Q4 2024 financial results, showcasing the company’s performance in the final quarter of the year. This article provides an in-depth analysis of HPE’s Q4 2024 results, highlighting key trends, successes, and challenges. Revenue Performance HPE reported a total revenue of $7.9 billion for Q4 2024, representing a 4% increase from the same period last year. This growth can be attributed to the company’s strong performance in its core businesses, including Hybrid IT and Intelligent Edge....

Storage News Ticker - 5 December 2024 Cloud Storage Cloud storage has become an essential component of modern data management. It provides users with a flexible and scalable way to store and access their data from anywhere. Many cloud storage providers offer a range of features, including data encryption, versioning, and collaboration tools. Google Cloud Storage Google Cloud Storage is a popular cloud storage service that offers a range of features, including data encryption, versioning, and collaboration tools....

Pure Storage Q3 2025 Financial Results Pure Storage announced its financial results for the third quarter of 2025, showcasing a strong performance in the storage market. The company’s revenue and profitability have increased, driven by the growing demand for its products and services. Revenue Growth Pure Storage’s revenue for the third quarter of 2025 was $643 million, representing a 24% increase from the same period last year. This growth was driven by the company’s expanding customer base, increased adoption of its products, and a strong performance in the Americas region....

Amazon Web Services (AWS) has announced a new storage system that promises to deliver faster and cheaper artificial intelligence (AI) speeds. The new system, which is based on the Lustre file system, is designed to provide high-performance storage for AI and high-performance computing (HPC) workloads. Faster AI Speeds AWS claims that its new Lustre-based storage system can deliver AI speeds that are up to 12 times faster than existing storage systems....

The Evolution of AI in Storage: Peak AI’s Vision The storage industry has witnessed significant advancements in recent years, driven by the exponential growth of data and the need for more efficient and intelligent storage solutions. One company that has been at the forefront of this revolution is Peak AI, a pioneer in the field of artificial intelligence (AI) for storage. In this article, we will delve into the world of Peak AI and explore its vision for the future of storage....

Nutanix Getting GPU Direct Ducks Lined Up Nutanix is working on integrating GPU Direct technology into its hyperconverged infrastructure (HCI) products. This move aims to improve the performance and efficiency of applications that rely heavily on graphics processing units (GPUs). What is GPU Direct? GPU Direct is a technology that allows for direct communication between GPUs and other devices, such as storage and networking components, without the need for CPU intervention....

Acronis Sponsors Rugby Union Club Acronis, a global leader in cyber protection, has announced its sponsorship of a rugby union club. This move highlights the company’s commitment to supporting sports teams and organizations that share its values of teamwork, discipline, and community involvement. About Acronis Acronis is a well-established company that provides innovative cyber protection solutions to individuals, businesses, and organizations worldwide. Its products and services are designed to protect data, applications, and systems from cyber threats, ensuring the integrity and availability of critical information....

Global DRAM Market Sees Significant Growth in Third Quarter The global DRAM market experienced a substantial increase in the third quarter, with revenue rising by nearly 14. This growth can be attributed to various factors, including the increasing demand for memory chips in various industries such as smartphones, servers, and PCs. Memory Chip Demand on the Rise The demand for memory chips has been on the rise due to the growing need for data storage and processing power in various devices....

Dell’s Financial Performance: A Mixed Bag Dell’s latest financial results have been released, and the numbers show a mix of positive and negative trends. On one hand, the company’s revenues have increased, indicating a strong demand for its products and services. On the other hand, the growth in revenues is not enough to offset the decline in profitability. Revenue Growth: A Positive Sign Dell’s revenue growth is a positive sign for the company, indicating that its efforts to expand its product portfolio and improve its sales strategy are paying off....

NAND Flash Market Sees 7% Sales Increase Ahead of Expected 10% Decline The NAND flash market has experienced a 7% increase in sales, despite an expected 10% decline in the upcoming period. This unexpected surge in sales can be attributed to several factors, including the growing demand for solid-state drives (SSDs) and the increasing adoption of 5G technology. Growing Demand for Solid-State Drives (SSDs) SSDs have become increasingly popular in recent years, and their demand is expected to continue growing....