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00:00ANTONIO NERI JOINS US TO BRING US THE LATEST FROM VEGAS. IT IS GREAT TO HAVE YOU BACK WITH US. IT SEEMS EVERYTHING ON PEOPLE ' S MINDS RIGHT NOW IS THE ECONOMY. WHAT ARE YOU HEARING FROM CUSTOMERS? HOW WORRIED ARE THEY? HOW IS THIS POTENTIALLY IMPENDING RECESSION AFFECTING THEM? ANTONIO: FIRST OF ALL, THANK YOU FOR HAVING ME. IT IS A GREAT DAY TO BE HERE WITH MORE THAN 8000 ATTENDEES. IT HAS BEEN AN AMAZING COUPLE OF DAYS, WHERE THE ENERGY IS UNBELIEVABLE. BEING TOGETHER IS UNIQUE. ONE FEEDBACK I GOT FROM CUSTOMERS IS THIS TIME AROUND FEELS TOTALLY DIFFERENT THERE IS A SENSE OF EXCITEMENT. WHAT WE HEARD FROM THEM THAT THE POWER OF DIGITAL TRANSFORMATION, THEY NEED SOLUTIONS FOR THE DATA. THEY ARE CONCERNED ABOUT WHAT HAPPENS NEXT BUT I THINK IT IS MORE OF A CONSUMER PHENOMENON THAN AN ENTERPRISE PHENOMENON. EMILY: HOW IS THAT IMPACTING YOUR OUTLOOK? DO YOU THINK A RECESSION IS INEVITABLE TO MARK YOU HAVE TO BE PLANNING FOR THAT SCENARIO. ANTONIO: OF COURSE WE DO BASE PLANNING SCENARIOS FOR WHAT COMES NEXT, BUT I HAVE TO TELL YOU WE CONTINUE TO SEE THE MARKET IS INCREDIBLY STRONG. THIS EVENT IS A CATALYST TO CONTINUE TO PUT DOWN THAT MOMENTUM. WE SHOWCASE AMAZING INNOVATION AND DELIVERY OF INNOVATION. THREE YEARS AGO WAS THE LAST CONFERENCE IN VEGAS. WE CAN OFFER EVERYTHING AS A SERVICE. BUT AS I THINK ABOUT THE MEGATRENDS RELATED TO THE NEED TO CONNECT, THE NEED TO DELIVER A CLOUD EXPERIENCE FOR LOCAL DATA -- I KEEP SAYING WE ARE DATA RICH BUT INSIGHT FOR. WE NEED TO CONSUME IDEAS ANYMORE CIVIL WAY. THAT IS MORE THAN THE CONSUMER SPEND. EMILY: YOU HAVE CLOUD PROVIDERS FIGHTING FOR INDUSTRIES AND COMPANIES THAT HAVE NOT YET MOVED THEIR DATA TO THE CLOUD. WHICH COMPANIES ARE THESE, AND HEADED HPE WHEN THEIR BUSINESS? ANTONIO: FROM THE GET-GO, OUR GOAL WAS TO PROVIDE A HYBRID EXPERIENCE FOR YOUR DATA. AT THE SAME TIME, THE GOAL IS TO DRIVE A DATA-FIRST MODERNIZATION. DATA HAS TREMENDOUS VALUE, MORE VALUE THAN WE EVER IMAGINED BEFORE. WE GOING THROUGH A MULTI-GENERATION JOURNEY, AND A HYBRID EXPERIENCE. AS CUSTOMERS THINK ABOUT COMPLIANCE ISSUES, THE LITERARY ISSUES AND COSTS, THEY NEED A PLATFORM TO BE ABLE TO CONDUCT THEIR BUSINESS OVER WHEREVER THE DATA LEAVES. THEY REALIZE THEY CAN LIVE IN A MULTI-CLOUD WORLD, WHATEVER CLOUD ENVIRONMENT THEY USE, BUT ALSO COMPLEMENT WITH AN AMAZING SET OF SOLUTIONS, MORE ON THE EDGE. I THINK IT IS FAIR TO RECOGNIZE THAT 70% OF THE DATA IS OUTSIDE THE PUBLIC CLOUD. 50% IS ON THE EDGE. MORE THAN 30% OF THE DATA NEEDS TO BE PROCESSED REAL-TIME. THAT IS THE OPPORTUNITY. EMILY: HPE IS ONE OF THE LARGEST COMPANIES THAT HAS MOVED ITS HEADQUARTERS FROM SILICON VALLEY TO TEXAS. IT REALLY LOOKS LIKE WE ARE SEEING AND INFLECTION POINT IN AMERICAN SOCIAL AND POLITICAL HISTORY RIGHT NOW. WHAT DO YOU HAVE TO SAY TO EMPLOYEES WHO MIGHT BE UPSET THAT THEY HAVE NOW MOVED TO TEXAS AND THEY CANNOT ACCESS AN ABORTION? ANTONIO: FIRST OF ALL, WE DECIDED TO MOVE HER TO TEXAS A COUPLE OF YEARS BACK, DURING THE PANDEMIC, BECAUSE I WAS IN THE PROCESS OF BUILDING A SPACE ON SITE FOR OUR SYSTEM-BASED EMPLOYEES. I THOUGHT THE OPPORTUNITY TO CREATE REALLY AMAZING SITES -- ONE IS SAN JOSE AND ONE IS IN HOUSTON, TEXAS. A LOT OF THE OPERATIONAL BACKUP TAKES PLACE. AT THE SAME TIME, WHEN YOU TALK ABOUT THE SOCIAL CHALLENGE, I AM AN IMMIGRANT WHO HAS BEEN LIVING IN THE UNITED STATES FOR MORE THAN 23 YEARS. I HAVE TO TELL YOU I AM INCREDIBLY DISAPPOINTED. POLITICS IS NOT ABOUT A SPECIFIC STATE OR THE OTHER, BUT WHEN WE SAW WHAT WE SAW LAST WEEK, WE AS A COMPANY FELT COMPELLED TO STAND UP AND FIGHT FOR WOMEN ' S CHOICE, MEANING GIVING THEM THE CHOICE OF WHAT IS RIGHT. AS A COMPANY, WE OFFER AMAZING BENEFIT WHERE WE ACTUALLY PAY FOR ALL THE TROUBLE FOR THE MEDICAL NEEDS THAT THEY HAVE IF THEY DECIDE TO MAKE THAT CHOICE. EMILY: HAVE YOU HAD ANY RECONSIDERATION ' S ABOUT THE DECISION TO RELOCATE IN THE CHANGES TO THE SOCIAL AND POLITICAL LANDSCAPE IS TO MARK ARE YOU HEARING ANYTHING FROM EMPLOYEES WHO MADE THE CHANCE TO MOVE TO MARK ARE THEY RECONSIDERING? ANTONIO: NOT AT ALL. I DO BUSINESS IN 170,000 -- 100 AND 70 COUNTRIES AND HAVE IS THIS PEOPLE WORKING ALL OVER THE WORLD. OBVIOUSLY, WE WANT TO HEAR THEIR VOICES, BUT AT THE SAME TIME, WE TELL THEM GO TO THE BOOTH AND VOTE. BUT FOR WHAT YOU THINK IS THE RIGHT THING BASED ON YOUR VIEW OF THE ISSUES. WE UNDERSTAND THAT SOMETIMES WE RUN INTO A POLARIZED VIEW. AT THE SAME TIME, WE CANNOT EMBRACE EVERY INDIVIDUAL ISSUE BECAUSE WHETHER IT IS ONE THING IN THE UNITED STATES, WE ALSO DO BUSINESS IN THE REST OF THE WORLD. BUT WHAT WE FOUND OUT IS WHAT IS CORE TO OUR PURPOSE AND VALUE. OUR PURPOSE -- WE ALL LIVE AND

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HPE CEO on the New Cloud Opportunities

Hewlett Packard Enterprise Co. CEO Antonio Neri joins Emily Chang to discuss the company's "everything as a service" business strategy and the latest innovations from its annual edge-to-cloud conference. Plus, his take on the growing competition with the likes of Amazon AWS and Microsoft Azure in the cloud landscape, and potential M&A opportunities. (Source: Bloomberg)

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