Barclays Doubles Private Cloud Estate With HPE GreenLake Cloud
Hewlett Packard Enterprise (HPE) announced that Barclays has signed a new private cloud services deal, extending their initial 2021 partnership. HPE GreenLake Cloud will remain a core component of Barclays' hybrid cloud strategy. Over the past 2.5 years, HPE has helped Barclays migrate over 50,000 workloads to their private cloud, with plans to double this in the next three years.
This transition will enable Barclays to decommission legacy systems, free up rack space, and save several MWs of power. The bank aims to reduce technical debt, enhance infrastructure, and increase workload density. Barclays and HPE will focus on exploring innovation opportunities, particularly in leveraging data and emerging technologies, including AI tools for improved customer convenience.
Hewlett Packard Enterprise (HPE) ha annunciato che Barclays ha firmato un nuovo accordo per servizi di cloud privato, estendendo la loro partnership iniziale del 2021. HPE GreenLake Cloud rimarrà un componente fondamentale della strategia di cloud ibrido di Barclays. Negli ultimi 2,5 anni, HPE ha aiutato Barclays a migrare oltre 50.000 carichi di lavoro nel loro cloud privato, con l'obiettivo di doppiare questo numero nei prossimi tre anni.
Questa transizione permetterà a Barclays di dismettere sistemi obsoleti, liberare spazio nei server e risparmiare diversi MW di energia. La banca punta a ridurre il debito tecnico, migliorare l'infrastruttura e aumentare la densità dei carichi di lavoro. Barclays e HPE si concentreranno su opportunità di innovazione, in particolare nel sfruttare dati e tecnologie emergenti, inclusi strumenti di intelligenza artificiale per migliorare la comodità per i clienti.
Hewlett Packard Enterprise (HPE) anunció que Barclays ha firmado un nuevo acuerdo de servicios de nube privada, ampliando su asociación inicial de 2021. HPE GreenLake Cloud seguirá siendo un componente clave de la estrategia de nube híbrida de Barclays. En los últimos 2.5 años, HPE ha ayudado a Barclays a migrar más de 50,000 cargas de trabajo a su nube privada, con planes de duplicar esta cifra en los próximos tres años.
Esta transición permitirá a Barclays darte de baja sistemas heredados, liberar espacio en los racks y ahorrar varios MW de energía. El banco tiene como objetivo reducir la deuda técnica, mejorar la infraestructura y aumentar la densidad de cargas de trabajo. Barclays y HPE se enfocarán en explorar oportunidades de innovación, especialmente en aprovechar datos y tecnologías emergentes, incluidos herramientas de IA para mejorar la comodidad del cliente.
Hewlett Packard Enterprise (HPE)는 Barclays가 새로운 프라이빗 클라우드 서비스 계약을 체결했다고 발표하며, 2021년의 초기 파트너십을 연장했습니다. HPE GreenLake Cloud는 Barclays의 하이브리드 클라우드 전략의 핵심 요소로 남을 것입니다. 지난 2.5년 동안 HPE는 Barclays가 50,000개 이상의 워크로드를 그들의 프라이빗 클라우드로 마이그레이션하는 데 도움을 주었습니다, 향후 3년 안에 이를 두 배로 늘릴 계획입니다.
이 전환을 통해 Barclays는 구형 시스템을 폐기하고, 랙 공간을 확보하며, 수 MW의 전력을 절약할 수 있게 됩니다. 은행은 기술 부채를 줄이고 인프라를 개선하며 워크로드 밀도를 증가시키는 것을 목표로 하고 있습니다. Barclays와 HPE는 혁신 기회를 탐색하는 데 집중할 것입니다, 특히 데이터와 신기술, 고객 편의를 위한 AI 도구 활용에 중점을 두고 있습니다.
Hewlett Packard Enterprise (HPE) a annoncé que Barclays a signé un nouvel accord de services de cloud privé, prolongeant leur partenariat initial de 2021. HPE GreenLake Cloud restera un élément central de la stratégie cloud hybride de Barclays. Au cours des 2,5 dernières années, HPE a aidé Barclays à migrer plus de 50 000 charges de travail vers leur cloud privé, avec des plans pour doubler ce chiffre au cours des trois prochaines années.
Cette transition permettra à Barclays de mettre hors service des systèmes anciens, de libérer de l'espace sur des racks, et d'économiser plusieurs MW d'énergie. La banque vise à réduire sa dette technique, à améliorer son infrastructure et à accroître la densité de ses charges de travail. Barclays et HPE se concentreront sur l'exploration d'opportunités d'innovation, en mettant particulièrement l'accent sur l'exploitation des données et des technologies émergentes, y compris des outils d'IA pour améliorer le confort client.
Hewlett Packard Enterprise (HPE) gab bekannt, dass Barclays einen neuen Vertrag für private Cloud-Dienste unterzeichnet hat, welcher die ursprüngliche Partnerschaft aus dem Jahr 2021 erweitert. HPE GreenLake Cloud wird ein zentraler Bestandteil der Hybrid-Cloud-Strategie von Barclays bleiben. In den letzten 2,5 Jahren hat HPE Barclays dabei geholfen, über 50.000 Workloads in ihre private Cloud zu migrieren, mit dem Ziel, dies in den nächsten drei Jahren zu verdoppeln.
Dieser Übergang wird Barclays ermöglichen, veraltete Systeme abzubauen, Rackplatz freizugeben und mehrere MW an Energie zu sparen. Die Bank strebt an, technische Schulden zu reduzieren, die Infrastruktur zu verbessern und die Workload-Dichte zu erhöhen. Barclays und HPE werden sich darauf konzentrieren, Innovationsmöglichkeiten zu erkunden, insbesondere in der Nutzung von Daten und aufkommenden Technologien, einschließlich KI-Tools zur Verbesserung des Kundenkomforts.
- Extension of cloud partnership indicates successful implementation and trust in HPE's services
- Plans to double workload migration to private cloud in next 3 years, showing strong growth potential
- Decommissioning legacy systems expected to reduce power consumption and carbon footprint
- Increased agility and operational performance reported by Barclays CTO
- Focus on innovation and emerging technologies, including AI, for enhanced customer experiences
- None.
Insights
Barclays' expansion of its private cloud infrastructure with HPE GreenLake is a significant move in the banking sector's digital transformation. This doubling of workloads demonstrates a strong commitment to hybrid cloud strategy, which offers enhanced control, security and compliance - important for financial institutions. The migration of 50,000 workloads, with plans to double, indicates a massive shift from legacy systems, potentially leading to substantial operational efficiencies and cost savings.
The focus on reducing technical debt and increasing workload density is particularly noteworthy. This approach not only modernizes infrastructure but also aligns with environmental sustainability goals by reducing power and cooling needs. For investors, this signals Barclays' proactive stance in technological advancement and operational efficiency, which could translate to improved long-term financial performance and competitive advantage in the digital banking landscape.
Barclays' expanded partnership with HPE for private cloud services is a strategic move that could yield significant benefits. By leveraging HPE GreenLake, Barclays is positioning itself to enhance operational agility and performance, which are important in today's fast-paced financial services environment. The planned decommissioning of legacy systems should lead to substantial cost savings and improved efficiency ratios, positively impacting the bank's bottom line.
Moreover, the focus on AI and emerging technologies signals Barclays' commitment to innovation in customer experience. This could potentially lead to increased customer satisfaction and retention, as well as new revenue streams. However, investors should watch for the execution risks associated with such large-scale digital transformations, including potential disruptions to services and cybersecurity challenges. Overall, this move positions Barclays well in the competitive landscape of digital banking.
Barclays' expansion of its private cloud infrastructure through HPE GreenLake demonstrates a commendable commitment to environmental sustainability in the banking sector. The planned reduction in power and cooling consumption through increased workload density and modernization is a significant step towards reducing the carbon footprint of digital operations. This aligns well with growing investor focus on ESG (Environmental, Social and Governance) factors.
The potential to save several megawatts of power is substantial, considering the energy-intensive nature of data centers. This move could lead to meaningful reductions in operational costs and improved sustainability metrics, which are increasingly important for stakeholder relations and regulatory compliance. However, it's important for Barclays to quantify and report these environmental benefits transparently to fully capitalize on the positive impact this could have on its ESG profile and investor perceptions.
New private cloud contract re-affirms HPE GreenLake Cloud as a core pillar of Barclays’ hybrid cloud strategy
Over the past two and a half years, HPE has supported Barclays in the migration and deployment of more than 50,000 workloads to their private cloud estate, with a trajectory to double this over the next three years. This transition will allow the bank to decommission legacy systems, free up rack space, and save several MWs of power. Reducing technical debt within the bank will enhance the underlying infrastructure and increase workload density. This, combined with the modernization of workloads, will allow the bank to reduce power and cooling consumption, contributing to the reduction of the carbon footprint of workloads.
“With a private cloud through HPE GreenLake Cloud, we saw significant acceleration of our hybrid multi-cloud journey, driving key elements and innovations of our digital experience,” said Stephen Flaherty, Chief Technology Officer and Head of Group Technology Infrastructure Services at Barclays. “The increased agility and operational performance enable our technology colleagues to deliver consistently excellent outcomes for our clients and customers. The next big step for us will be to increase customer convenience with the help of AI tools, we are testing the new technologies with our major partners to help ensure we adopt it responsibly.”
In this next phase of the collaboration, Barclays and HPE will focus on exploring opportunities for innovation and enhancing efficiencies within the private cloud environment. One key area of innovation will be to leverage data and explore the potential of emerging technologies. In addition, new optimizations for the developer experience will ensure seamless integration and user-friendly interfaces.
“In today's rapidly evolving digital landscape, a data-first approach that spans hybrid cloud is crucial to accelerate enterprises’ digital transformation and unlock long-term growth opportunities through AI,” said Matt Harris, senior vice president and managing director,
About Hewlett Packard Enterprise
Hewlett Packard Enterprise (NYSE: HPE) is the global edge-to-cloud company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way people live and work, HPE delivers unique, open and intelligent technology solutions as a service. With offerings spanning Cloud Services, Compute, High Performance Computing & AI, Intelligent Edge, Software, and Storage, HPE provides a consistent experience across all clouds and edges, helping customers develop new business models, engage in new ways, and increase operational performance. For more information, visit www.hpe.com.
About Barclays
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations, and functional services across the Group. For further information about Barclays, please visit our website www.barclays.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240916381133/en/
Editorial Contact:
Laura von Pentz
laura.von-pentz@hpe.com
Source: Hewlett Packard Enterprise
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