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Hewlett Packard's (HPE) Composable Cloud Aids Hybrid IT Arm
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Hewlett Packard Enterprise (HPE - Free Report) recently expanded its composable infrastructure in a bid to proliferate its hybrid cloud capabilities. The announcement included upgrades on HPE Onesphere, the launch of the Composable Cloud for ProLiant DL Servers and the Composable Cloud for Synergy.
The Composable Cloud for ProLiant DL will allow IT professionals to reduce the skillset required for scaling the infrastructure more efficiently in real time. Initially supporting Red Hat OpenShift and VMware workloads, it is expected to be deployed early next year across the United States, the United Kingdom, Ireland, France, Germany and Australia.
The Composable Cloud for Synergy’s architecture leads to smooth management of heavy workloads like SAP (SAP - Free Report) and Oracle (ORCL - Free Report) , by providing flexibility through a variety of network and storage options.
This apart, Hewlett Packard enhanced its HPE SimpliVity hyperconverged solution with Composable Fabric, which can be accessed this December onward.
Hewlett Packard Enterprise Company Price and Consensus
Increasing demand for distributed applications delivered by agile services is stemming from the need for new ways to manage on-premise and hybrid cloud infrastructure by enterprises. This escalated demand is driving the requirement for composable infrastructure.
Per a recent International Data Corporation forecast, the global composable and disaggregated infrastructure (CDI) market is expected to reach $3.4 Billion in 2022 witnessing a CAGR of 58.2% between 2017 and 2022 period.
Going by this promising projection coupled with the robust efforts of Hewlett Packard to enhance its hybrid cloud platform and strengthen its presence in the CDI market, we believe, the company is comfortably positioned to cash in on this opportunity.
HPE’s latest hybrid cloud platform updates will aid professionals to collectively configure and manage public and private cloud resources more efficiently than before.
Efforts in Hybrid Environment Bode Well
Recently, Hewlett Packard announced new upgrades for its intelligent storage portfolio. New hybrid cloud data protection and copy data management capabilities are expected to help customers raise operational efficiency by up to 95%.
Moreover, the company has been pursuing acquisitions to focus more on high margin hybrid IT models that leverage on-premises and cloud computing power. The buyouts of SimpliVity, Cloud Cruiser and Cloud Technology Partners have assisted Hewlett Packard to improve its capabilities in the hyper-converged enterprise storage and server equipment plus Flexible Capacity product portfolio.
The company’s effort to fortify its footprint in the hybrid IT models was also reflected through the acquisition of Silicon Graphics that provides high-performance computing (HPC) services.
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Hewlett Packard's (HPE) Composable Cloud Aids Hybrid IT Arm
Hewlett Packard Enterprise (HPE - Free Report) recently expanded its composable infrastructure in a bid to proliferate its hybrid cloud capabilities. The announcement included upgrades on HPE Onesphere, the launch of the Composable Cloud for ProLiant DL Servers and the Composable Cloud for Synergy.
The Composable Cloud for ProLiant DL will allow IT professionals to reduce the skillset required for scaling the infrastructure more efficiently in real time. Initially supporting Red Hat OpenShift and VMware workloads, it is expected to be deployed early next year across the United States, the United Kingdom, Ireland, France, Germany and Australia.
The Composable Cloud for Synergy’s architecture leads to smooth management of heavy workloads like SAP (SAP - Free Report) and Oracle (ORCL - Free Report) , by providing flexibility through a variety of network and storage options.
This apart, Hewlett Packard enhanced its HPE SimpliVity hyperconverged solution with Composable Fabric, which can be accessed this December onward.
Hewlett Packard Enterprise Company Price and Consensus
Hewlett Packard Enterprise Company Price and Consensus | Hewlett Packard Enterprise Company Quote
Sunny Signs for Composable Infrastructure Market
Increasing demand for distributed applications delivered by agile services is stemming from the need for new ways to manage on-premise and hybrid cloud infrastructure by enterprises. This escalated demand is driving the requirement for composable infrastructure.
Per a recent International Data Corporation forecast, the global composable and disaggregated infrastructure (CDI) market is expected to reach $3.4 Billion in 2022 witnessing a CAGR of 58.2% between 2017 and 2022 period.
Going by this promising projection coupled with the robust efforts of Hewlett Packard to enhance its hybrid cloud platform and strengthen its presence in the CDI market, we believe, the company is comfortably positioned to cash in on this opportunity.
HPE’s latest hybrid cloud platform updates will aid professionals to collectively configure and manage public and private cloud resources more efficiently than before.
Efforts in Hybrid Environment Bode Well
Recently, Hewlett Packard announced new upgrades for its intelligent storage portfolio. New hybrid cloud data protection and copy data management capabilities are expected to help customers raise operational efficiency by up to 95%.
Moreover, the company has been pursuing acquisitions to focus more on high margin hybrid IT models that leverage on-premises and cloud computing power. The buyouts of SimpliVity, Cloud Cruiser and Cloud Technology Partners have assisted Hewlett Packard to improve its capabilities in the hyper-converged enterprise storage and server equipment plus Flexible Capacity product portfolio.
The company’s effort to fortify its footprint in the hybrid IT models was also reflected through the acquisition of Silicon Graphics that provides high-performance computing (HPC) services.
Hewlett Packard currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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