(AOF) – Hewlett Packard Enterprise reported better-than-expected revenue and guidance. In the fourth quarter, which ended at the end of October, the group specializing in computer equipment and services for businesses suffered a net loss of 304 million dollars, or -23 cents per share, against a net profit of 409 million dollars or 231 cents per share. action a year ago. Excluding exceptional items, earnings per share came out at 57 cents, in line with the consensus.
Hewlett Packard Enterprise reported better-than-expected revenue and guidance. In the fourth quarter, which ended at the end of October, the group specializing in computer equipment and services for businesses suffered a net loss of 304 million dollars, or -23 cents per share, against a net profit of 409 million dollars or 231 cents per share. action a year ago. Excluding exceptional items, earnings per share came out at 57 cents, in line with the consensus. HPE revenue rose 7% to $7.9 billion, where analysts had expected $7.37 billion.
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The lucrative database market
This mature global market is expected to generate more than $40 billion in revenue this year, compared to $22 billion in 2017, according to IDC. Contrary to its initial ambitions, SAP did not succeed in dethroning Oracle. This is mainly due to major developments in this market with the emergence of Amazon Web Services or Google Cloud. Benefiting from a significant competitive advantage as companies’ data hosts, these players have gained significant market share in recent years. However, faced with a growing corporate appetite for high value-added data, traditional players have a card to play.
Maximum staff turnover
Companies in the IT services sector have seen the departure of more than 20% of their workforce in twelve months. This trend is not unusual in the sector, but it is reaching an unprecedented scale, in a context of strong growth and good recruitment dynamics. In addition, employees have new requirements and aspirations. The main criterion is the flexibility of work and the way it is implemented in the company. The American-Indian company Cognizant saw around 35% of its 330,000 engineers leave the company in one year. Capgemini, grouping 32,000 French employees, recently suffered its first strike since 2008, with a demand for a collective increase in remuneration.
New ambitions of Samsung and Huawei on the market
Samsung recently unveiled four new laptops after it backed away from operating outside Korea in 2015. For his part, faced with the American sanctions which have penalized his activities in the field of smartphones since 2019, the founder of Huawei, called at the beginning of the year his employees to accelerate the diversification of the group. The Chinese giant recently displayed its ambitions in the PC/tablet market, which is one of the pillars of this strategy. To do this, it will have to compete with Lenovo in China and above all take market share in the United States and Western Europe, markets known to be difficult to penetrate.