Hewlett Packard Enterprise Announced That Barclays Has Signed A New Private Cloud Services Deal, Confirming HPE GreenLake Cloud As A Core Pillar To Barclays' Hybrid Cloud Strategy
Portfolio Pulse from Benzinga Newsdesk
Hewlett Packard Enterprise (HPE) has announced a new private cloud services deal with Barclays, extending their partnership. HPE GreenLake Cloud will be a core component of Barclays' hybrid cloud strategy, aiming to double workload migration over the next three years.
September 16, 2024 | 9:09 am
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Barclays has extended its cloud partnership with Hewlett Packard Enterprise, focusing on HPE GreenLake Cloud for its hybrid cloud strategy. This move aims to enhance infrastructure and reduce technical debt.
While the partnership with HPE is significant for Barclays' cloud strategy, the direct financial impact on Barclays' stock is less clear. The focus is on infrastructure improvement rather than immediate financial gains.
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IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Hewlett Packard Enterprise has secured an extended cloud services deal with Barclays, reinforcing HPE GreenLake Cloud as a central element in Barclays' hybrid cloud strategy. This deal is expected to drive further workload migration and infrastructure optimization.
The extension of the cloud services deal with Barclays highlights HPE's growing influence in the cloud services sector. The commitment to double workload migration indicates a strong, ongoing relationship and potential revenue growth for HPE.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90