The rising costs of supplies and aggressive cloud competition has made it difficult for HPE’s Meg Whitman to create a more efficient corporate-technology provider. The announcement came on Thursday that the company has missed the analysts’ estimates and projections for three quarters in a row.
Whitman stated she pushed some executives to hard, but also stated some things were out of her control. The big problem is the competition from companies, such as Amazon and Microsoft. They are growing fast and HPE is getting smaller to become more nimble, but it’s not panning out as expected.