STOCK TITAN

HPE builds foundation for next-gen data management with software-defined storage and AI-driven automation

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
AI
Rhea-AI Summary

Hewlett Packard Enterprise (HPE) has announced new solutions within its HPE GreenLake cloud platform to enhance how enterprises manage storage and data. The key offerings include HPE GreenLake Block Storage for AWS, which allows seamless management across hybrid cloud environments. The platform now supports NVMe capacity scaling up to 5.6PB, and HPE Infosight AIOps for enhanced performance and resource optimization.

Other announcements include the HPE Timeless Program, providing investment protection and financial flexibility, and new private cloud solutions with HPE Alletra MP and HPE SimpliVity Gen11. These innovations are geared towards simplifying IT and storage management, improving data mobility, and providing cost-effective solutions for enterprises.

HPE GreenLake Block Storage for AWS will be available by May 2024, the HPE Timeless Program in Q3 2024, and HPE GreenLake for Private Cloud Business Edition with HPE Alletra MP or HPE SimpliVity Gen11 from July 2024.

Positive
  • HPE GreenLake Block Storage for AWS offers seamless management across hybrid cloud environments.
  • Support for NVMe capacity scaling up to 5.6PB enhances storage capabilities.
  • HPE Infosight AIOps provides improved performance, higher availability, and optimized resource utilization.
  • The HPE Timeless Program offers investment protection and financial flexibility, reducing total cost of ownership by up to 30%.
  • New private cloud solutions support mission-critical and edge workloads with improved data availability and protection.
  • HPE continues to innovate with modular scale-out block storage, enhancing scalability and performance.
Negative
  • The new offerings are not available immediately; key solutions like HPE GreenLake Block Storage for AWS and the HPE Timeless Program will only be available by mid-2024.
  • Adoption of new technologies may require significant upfront investment and changes in IT infrastructure for enterprises.
  • Enterprises may face challenges in transitioning to new systems, potentially leading to temporary disruptions or learning curves.

Insights

Hewlett Packard Enterprise (HPE) has announced several new solutions within its HPE GreenLake cloud platform that have significant financial implications for the company and its investors. The introduction of HPE GreenLake Block Storage for AWS signifies HPE's strategic focus on hybrid cloud environments, addressing a growing market trend. By providing seamless management of block storage across on-premise and cloud environments, HPE aims to attract enterprises looking to streamline their data management.

This move could enhance HPE's recurring revenue streams, as many enterprises are shifting towards subscription-based models for IT services. The HPE Timeless Program also introduces an innovative approach to storage upgrades, potentially reducing customer churn and increasing long-term revenue stability by offering predictable multi-year economics and guaranteed service levels.

For retail investors, it’s important to note that while these new offerings could drive revenue growth, the actual impact will depend on customer adoption rates and how well these new solutions stack up against competitive offerings. The expansion of AI-driven capabilities through HPE Infosight also positions HPE to capitalize on the growing demand for AI in IT operations.

Short-term benefits might include an uptick in revenue from initial subscriptions and possible upgrades, while long-term advantages could see HPE solidifying its market position in hybrid cloud storage solutions. Investors should keep an eye on upcoming financial reports for indications of market reception and adoption rates.

The technological innovations announced by HPE are important for enterprises navigating complex hybrid cloud environments. The launch of HPE GreenLake Block Storage for AWS integrates advanced features like NVMe capacity scaling and HPE Infosight’s cross-stack analytics, which are expected to enhance workload visibility, improve performance and optimize resource utilization.

NVMe (Non-Volatile Memory Express) is a protocol designed for high-speed storage media that can significantly reduce latency and improve I/O operations per second (IOPS). Scaling up to 5.6PB indicates that HPE is targeting enterprises with substantial data storage needs, positioning itself competitively against other hybrid cloud providers like AWS and Microsoft Azure.

The integration of AI-driven automation via HPE Infosight offers businesses proactive management capabilities, allowing them to predict and mitigate potential disruptions, ultimately reducing downtime and operational costs. Advanced data protection and disaster recovery features, like three-site replication, further underline HPE’s commitment to providing robust, enterprise-level data security.

For tech-savvy investors, these advancements indicate that HPE is heavily investing in future-proofing its storage solutions, which could lead to increased market share in the enterprise storage sector.

New hybrid cloud storage, private cloud offerings and storage investment protection enable enterprises to transform through automation and data insights on the HPE GreenLake cloud

HOUSTON--(BUSINESS WIRE)-- Hewlett Packard Enterprise (NYSE: HPE) today announced new solutions across the HPE GreenLake cloud to simplify how enterprises manage and optimize their storage, data and workloads across on-prem and public cloud environments. New or expanded offerings include:

  • HPE GreenLake Block Storage for Amazon Web Services (AWS), a new software-defined storage offering to seamlessly manage block storage across hybrid cloud environments.
  • New release of HPE GreenLake for Block Storage built on HPE Alletra MP now supports NVMe capacity scaling up to 5.6PB and HPE Infosight AIOps with cross-stack analytics to enable workload visibility, improved performance, higher availability and optimized resource utilization.
  • HPE Timeless Program transforms the storage ownership experience with new investment protection that provides operational agility and financial flexibility, lowering the total cost of ownership (TCO) for customers choosing block storage on HPE Alletra MP.
  • HPE GreenLake for Private Cloud Business Edition now supports HPE Alletra MP and HPE SimpliVity Gen 11.

In 2023, HPE revolutionized hybrid cloud storage by introducing the industry’s first modular scale-out block storage1 on a single operating system, supporting both small and medium-sized businesses and enterprise customers running business-critical and mission-critical workloads. HPE continues to expand its platform-based strategy to enable enterprises to shift from daily management of individual storage arrays to a unified data management experience that delivers a cloud operational model, AI-driven automation and seamless data mobility.

“While our competitors continue to sell storage as a service, we are offering a truly transformative platform-based approach for hybrid cloud management and data storage,” said Jim O’Dorisio, senior vice president and general manager of HPE Storage. “With our innovations across HPE Alletra and HPE GreenLake, we continue to set the standard for simpler, more cost-effective IT and storage management.”

Seamless data and application mobility with software-defined storage for AWS

With the introduction of HPE GreenLake Block Storage for AWS, HPE is simplifying data management and workload placement on the cloud through software-defined storage. HPE GreenLake Block Storage for AWS is designed to deliver a seamless, unified storage management experience across hybrid cloud with faster time to value and enterprise-class resiliency.

Enterprises can consistently manage and protect global storage environments and move data, workloads and backups for optimal performance and costs. HPE GreenLake Block Storage for AWS is ideal for enterprises that want to optimize data management as well as application development and deployment across on-prem and public cloud environments. The software-defined storage offering also delivers simple, cost-effective hybrid cloud data protection and disaster recovery.

HPE Timeless Program readies enterprises for continuous next-generation innovation

With the new HPE Timeless Program, HPE is transforming the storage ownership experience with new investment protection and a seamless infrastructure lifecycle path. Customers that choose block storage on HPE Alletra MP and participate in the program will qualify for an upgrade to a next-generation controller, delivered non-disruptively, when they renew their subscription.

Customers can achieve an average savings of 30% of TCO for storage by avoiding one forklift upgrade2. The new program includes HPE’s 100% Data Availability Guarantee and HPE StoreMore data efficiency guarantees3. HPE Timeless Program provides customers predictable multi-year economics and guaranteed services levels for data availability and efficiency.

“The truth is multi-vendor data centers are complex to manage and difficult to scale,” said Kristinn Elvar Arnarsson, CTO at Opin Kerfi. “When we looked at consolidating our data centers on one vendor, we really wanted both scale up and scale out compute and storage and unified storage management. Now we have HPE GreenLake for Block Storage with Alletra MP as a showcase solution for our customers to see how we can deliver future-proof innovation to them.”

Alletra MP simplifies management with expanded AI-driven intelligence and analytics

HPE is a recognized leader in AIOps-enabled workload management and observability with HPE Infosight and OpsRamp. Now fully integrated into the HPE GreenLake cloud, new cross-stack analytics streamline management of storage to help users proactively avoid latency issues that reduce workload performance. Full-stack correlation of resources combined with the AIOps engine enables customers to observe, predict and mitigate disruptions across virtual machine, storage, network, compute and cloud infrastructure. In addition, HPE Alletra MP customers will now be able to observe energy consumption and carbon emission trends though the HPE Sustainability Insight Center.

HPE Alletra MP now delivers mission-critical resiliency with midrange economics, scaling up to 5.6PB with support for up to 16 JBOF expansion shelves, double the previously available capacity. New advanced built-in global protection supports three-site replication for enhanced data protection.

Zerto Cyber Resilience Vault now integrates HPE Alletra MP, providing customers with secure, immutable data copies and enabling rapid air-gapped recovery after a cyber attack. Customers can protect, audit and securely vault their most critical applications while providing the availability to rapidly restore services in the event of service disruption or breach.

“HPE GreenLake aligns perfectly to our hybrid cloud strategy enabling us to be cloud-sensible, instead of cloud-first. HPE GreenLake for Block Storage is the right solution to replace our HPE 3PAR arrays because it gives us a 100% data availability for our mission-critical workloads and the flexibility to scale performance and capacity as our data needs expand,” Alan Harper, director of corporate technology at Shawbrook Bank Limited.

New Private Cloud solutions optimize edge workloads and simplify VM mobility

HPE Alletra MP and HPE SimpliVity Gen11 are now available as offerings with HPE GreenLake for Private Cloud Business Edition. This agile, self-service private cloud simplifies virtual machine (VM) management and mobility across on-prem and public cloud environments.

  • HPE GreenLake for Private Cloud Business Edition provides a modern disaggregated hyperconverged architecture. New support for HPE Alletra MP provides mission-critical VM workloads with mid-range economics and the 100% Data Availability Guarantee.
  • New support for HPE SimpliVity Gen11, based on HPE ProLiant Gen11 servers, enables customers to run edge and general-purpose VMs with 99.999% data availability and built-in data protection.

Availability
HPE GreenLake Block Storage for AWS is available to order from the end of May 2024.
HPE Timeless Program will be available in Q32024.
HPE GreenLake for Private Cloud Business Edition with choice of HPE Alletra MP or HPE SimpliVity Gen11 is available in July.

Additional Resources

References
1,2,3 HPE Substantiation

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.

Media:

Victor O’Brien

victor.obrien@hpe.com

Source: Hewlett Packard Enterprise

FAQ

What new solutions did HPE announce for HPE GreenLake?

HPE announced HPE GreenLake Block Storage for AWS, the HPE Timeless Program, and new private cloud solutions with HPE Alletra MP and HPE SimpliVity Gen11.

When will HPE GreenLake Block Storage for AWS be available?

HPE GreenLake Block Storage for AWS will be available from the end of May 2024.

What are the benefits of the HPE Timeless Program?

The HPE Timeless Program offers investment protection, financial flexibility, and can reduce the total cost of ownership by up to 30%.

What is the capacity scaling supported by the new HPE GreenLake for Block Storage?

The new HPE GreenLake for Block Storage supports NVMe capacity scaling up to 5.6PB.

What are the key features of HPE Infosight AIOps?

HPE Infosight AIOps provides enhanced performance, higher availability, and optimized resource utilization through cross-stack analytics and workload visibility.

When will the HPE Timeless Program be available?

The HPE Timeless Program will be available in Q3 2024.

What private cloud solutions are included in the new HPE GreenLake offerings?

The new private cloud solutions include HPE Alletra MP and HPE SimpliVity Gen11.

When will HPE GreenLake for Private Cloud Business Edition be available?

HPE GreenLake for Private Cloud Business Edition with HPE Alletra MP or HPE SimpliVity Gen11 will be available from July 2024.

Hewlett Packard Enterprise Company

NYSE:HPE

HPE Rankings

HPE Latest News

HPE Stock Data

26.39B
1.30B
0.56%
83.68%
1.91%
Communication Equipment
Computer & Office Equipment
Link
United States of America
SPRING