Hewlett Packard Enterprise Co. (NYSE: HPE), one of the largest public companies in the Houston region, will build a powerful new supercomputer for a customer in Singapore.
HPE, which relocated its headquarters from San Jose, California, to the Houston region last year, has been awarded a contract to build the new supercomputer for the National Supercomputing Centre Singapore, the organizations announced April 27. The contract awarded to HPE is valued at $40 million in Singapore dollars, which is around $30 million USD at the current exchange rate.
The National Supercomputing Centre Singapore is a national high-performance computing resource to support science and engineering needs for industry, academia and research. The new supercomputer constructed by HPE will be eight times as fast as the facility's existing HPC technology, expanding the center’s capabilities in artificial intelligence and machine learning. HPE will build the new machine using its Cray EX supercomputer.
“The new system will deliver a significant boost to [research and development], allowing Singapore’s community of scientists and engineers to make greater contributions that will unlock innovation, economic value, and overall, strengthen the nation’s position in becoming more digitally driven,” said Bill Mannel, vice president and general manager at HPE.
HPE made news last year when it announced plans to relocate its corporate headquarters from Silicon Valley to the Houston region. HPE unveiled those plans to relocate in December and quickly changed its its headquarters location with the U.S. Securities and Exchange Commission to its existing Houston location, the former Compaq campus near Highway 249.
The technology firm is in the midst of building out a massive new corporate campus in CityPlace at Springwoods Village, located just south of The Woodlands. HPE revealed plans for the new campus in October 2018, after its current campus near Highway 249 saw unprecedented flooding during Hurricane Harvey. The future headquarters, scheduled for completion in 2022, will house employees in a variety of functions for HPE, including technology teams working on new computing architectures and HPE’s as-a-service offerings.
Antonio Neri, president and CEO of HPE, said the Houston region’s diversity played a major part in attracting the tech giant’s headquarters from Silicon Valley.
With $29.14 billion in 2019 revenue, Hewlett Packard Enterprise Co. (NYSE: HPE) would have ranked No. 8 on the Houston Business Journal's 2020 Largest Houston-Based Public Companies List. The firm recorded revenue of $26.98 billion in 2020.
