The News: Hewlett Packard Enterprise (HPE) announced significant advancements to HPE GreenLake, the company’s flagship offering that is developed to enable organizations modernize all their applications and data, from edge to cloud. Now, HPE’s hybrid cloud platform offers a unified operating experience, new cloud services, and availability of HPE GreenLake in the online marketplaces of several distributors. Read the HPE Press Release here.
Analyst Take: With its impressive array of new capabilities, new cloud services, and broader ecosystem support, I believe HPE has significantly advanced its overall HPE GreenLake proposition. Key highlights of the new capabilities include:
Through these new capabilities and alliances, I see the HPE GreenLake proposition as now better positioned to exercise more influence across the cloud ecosystem. This includes enabling customers to focus primarily on improving their overall cloud experience and augmenting their ability to concentrate and meet their business goals by collaborating with HPE GreenLake in fulfilling their critical edge-to-cloud needs.
From my perspective, HPE GreenLake attains substantial differentiation by developing the platform that delivers cloud services edge to cloud, including the connectivity service, compute storage, and data services key to fulfilling an organization’s hybrid cloud requirements.
For example, as an integral part of HPE GreenLake, HPE Lighthouse is a fully optimized stack with compute storage, networking, and the run time aligned to a specific workload with automation, easing unification of edge to cloud operations. I view key rivals such as AWS, Azure, and Google Cloud as now being harder pressed to directly counter HPE GreenLake’s in-house portfolio pedigree across key edge technologies such as NaaS, servers, storage, and WiFI.
I also view the new HPE GreenLake moves as countering Dell’s recent multi-cloud portfolio expansion which is squarely aimed at enabling Dell to capitalize on fast growing enterprise adoption of multi-cloud frameworks. Specifically, HPE GreenLake now offers fresh alternatives (i.e., HPE GreenLake for Storage, HPE Backup and Recovery Service) to Dell’s multi-cloud portfolio capabilities, especially its APEX storage and data protection solutions.
Overall, I believe HPE GreenLake made tremendous strides in upping the value proposition of its edge to cloud platform. Through the convergence of Aruba Central, HPE GreenLake has now amassed more than 120K customers and offers 50 cloud services today with the addition of the 12 new offerings. In Q1 2022, HPE reported Annual Recurring Revenue of $798M, and increased as-a-service orders 136 percent year-over-year with HPC and AI at $790M, up four percent from $761M one year ago and Intelligent Edge was $901M, up 11 percent from $810M in the same quarter in 2021. Moreover, HPE GreenLake retention rates are 96%. All these factors indicate that HPE GreenLake competitive prospects are substantially improving, particularly as hybrid cloud and multi-cloud demand continues to skyrocket.
Disclosure: Futurum Research is a research and advisory firm that engages or has engaged in research, analysis, and advisory services with many technology companies, including those mentioned in this article. The author does not hold any equity positions with any company mentioned in this article.
HPE GreenLake Meets Growing Ecosystem Demand for Cloud Data Protection and Unified Analytics
The original version of this article was first published on Futurum Research.
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