HP Z8 and Z4 workstations
HP (HPQ) has recently launched its best-selling and most-powerful Z4 and Z8 workstations with machine learning configurations to accelerate artificial intelligence (or AI). These workstations use NVIDIA’s (NVDA) Quadro GV100 with 32 GB HBM2 memory and Tensor Cores to provide developers machine learning tools to simplify development workflows using AI. Last month, HP revamped its Z4 workstation product to grab a substantial share of the workstation market, and thus boost revenues in the product developer market.
Machine learnings solutions
HP’s Z4 and Z8 workstations will provide developers features including facial identification, fraud analysis, and predictive analytics to bring machine learning solutions to market. The advanced workstations will also have HP curated software stacks and support for NVIDIA’s GPU Cloud. They will give all developers more control, better performance, and added security.
The security features of HP Z Workstations will also offer protection of IP and private data to developers. Users can protect against the evolving malware threats with self-healing and hardware-enforced security solutions.
The virtual reality content creation market is expected to grow at a rapid rate of 89.8% per year from 2016 to 2024, according to Transparency Market Research. The global VR content creation market is expected to cross $41.0 billion by 2024 from an estimated $147.5 million in 2015, as illustrated in the chart above.
HP is hoping to gain from the robust growth of the VR content creation market with its HP Z4 workstation products. HP registered a 14.2% YoY (year-over-year) growth in revenues in fiscal 1Q18, which ended January 2018, whereas its sibling Hewlett Packard Enterprise (HPE) recorded a 1.3% YoY increase in revenues in the same period. Peers Dell Technologies (DVMT) and Microsoft (MSFT) registered revenue growth of 21.0% and 12.0% YoY, respectively, in the comparable quarter.