Technology News

HPE Acquires Determined AI to Accelerate ML Training Capabilities

The News: HOUSTON – June 21, 2021 – Hewlett Packard Enterprise (NYSE: HPE) today announced that it has acquired Determined AI, a San Francisco-based startup that delivers a powerful and robust software stack to train AI models faster, at any scale, using its open source machine learning (ML) platform.

HPE will combine Determined AI’s unique software solution with its world-leading AI and high performance computing (HPC) offerings to enable ML engineers to easily implement and train machine learning models to provide faster and more accurate insights from their data in almost every industry.  Read the full release from the HPE Newsroom.

Analyst Take: HPE opened up its big Discover 2021 week with a handful of announcements. One around new integrations with Azure, and the other an acquisition of Determined AI. The deal size wasn’t disclosed, but I immediately see this deal as a strategic capability to add to the company’s HPC and AI portfolio and something that will be well suited to be incorporated into the company’s as-a-service ambitions. Furthermore, the Determined AI acquisition comes at an opportune moment as HPE continues to accelerate the process of transforming its entire portfolio to consumption services as part of its GreenLake portfolio.

Determined AI is only about 5 years old, and it intends to expedite the process of model training. The company has built its offering to be friendly for both on-prem and cloud workloads. Determined AI has a vast set of capabilities to bridge data prep using Hadoop, Spark, AWS S3, and more, streamlining the model development and training cycle to deploy models using various web services and applications.

Overall, I believe that HPE’s acquisition of Determined AI will be a value add to the portfolio. Of course, I will need to get closer to the offering and then fully digest the inclusion in HPE’s go-to-market, but I envision this to be a great augmentation to the GreenLake solution mix. Technology-wise, Determined AI’s open source machine learning training platform appears to have key capabilities that will help researchers and scientists focus on innovation and shorten the typically long-tail timelines for model development and training by removing the complexity and cost associated with machine learning development.

Futurum Research provides industry research and analysis. These columns are for educational purposes only and should not be considered in any way investment advice. Neither the Author or Futurum Research holds any positions in any companies mentioned in this article. 

Other insights from Futurum Research:

Marvell’s Q1 Earnings Results Are, Well, Pretty Marvelous, In Spite of Everything

C3 AI Finishes Fiscal ’21 at 17% Annual Growth as Q4 Outpaces

Big ARR Growth Highlights Robust FY Q1 for Splunk/

Image Credit: HPE

 

The original version of this article was first published on Futurum Research.

Daniel Newman

Daniel Newman is the Principal Analyst of Futurum Research and the CEO of Broadsuite Media Group. Living his life at the intersection of people and technology, Daniel works with the world’s largest technology brands exploring Digital Transformation and how it is influencing the enterprise. From Big Data to IoT to Cloud Computing, Newman makes the connections between business, people and tech that are required for companies to benefit most from their technology projects, which leads to his ideas regularly being cited in CIO.Com, CIO Review and hundreds of other sites across the world. A 5x Best Selling Author including his most recent “Building Dragons: Digital Transformation in the Experience Economy,” Daniel is also a Forbes, Entrepreneur and Huffington Post Contributor. MBA and Graduate Adjunct Professor, Daniel Newman is a Chicago Native and his speaking takes him around the world each year as he shares his vision of the role technology will play in our future.

Share
Published by
Daniel Newman

Recent Posts

Google Faces Renewed Net Neutrality Battle in Europe

In this guest contribution from Steve Vonder Haar, Senior Analyst with Wainhouse, a Futurum Group…

3 years ago

Poly Announces Poly API Marketplace Utilizing RapidAPI Designed to Provide an Assist to its Developer Community

In this guest contribution from Craig Durr, Senior Analyst with Wainhouse, a Futurum Group Company,…

3 years ago

Micron to Build $100 Billion Chip Factory in New York

Futurum's Daniel Newman dives into the recent announcement coming out of Micron, that they will…

3 years ago

The Amazon Devices and Services Event Did Not Disappoint: It’s Clear Amazon’s Focus is on Making Consumers’ Lives Better With its New Smart Home Devices

Futurum analyst Michael Diamond recaps the Amazon Devices and Services event and reviews some of…

3 years ago

Red Hat Announces Latest Version of OpenStack — Red Hat OpenStack Platform 17 — at MWC Las Vegas

Futurum senior analyst Steven Dickens provides his take on the latest announcements coming out of…

3 years ago

Micron Shows Resilience Across Q4 2022 and Full Year Fiscal 2022 Results

Futurum’s Ron Westfall and Daniel Newman examine Micron’s financial results for the fourth quarter 2022…

3 years ago