HPE’s Sustainability Advantage With HPE Financial Services

HPE GreenLake’s sustainability advantage is driving customer adoption with the ability to flexibly scale IT resources driving significant cost efficiencies, said Neri.

“Because customers can flexibly scale their IT to meet their business demand, the platform actually reduces IT inefficiencies, which are a significant source of cost and environmental impact for many organizations,” said Neri. “This is important because our customers are actually increasingly linking digital transformation with sustainable business transformation.”

For example, one multinational chemical company is transitioning to an HPE GreenLake solution that is expected to result in a reduction of more than 2,000 tons of carbon dioxide per year, said Neri. “That is going to happen because our solution only uses half of the rack space with 17 percent less energy, while reducing the number of maintenance contracts and cost to the customer because we offer them a complete solution,” he said.

HPE Financial Services is also driving that sustainability advantage with a trade-in program that repurposes IT assets from customers through HPE technology renewal centers around the world, said Neri.

In 2021, of the three million IT assets recovered by HPE Financial Services, 85 percent got a “second life,” driving an additional revenue stream for HPE while at the same time reducing customer costs, waste and carbon footprint, said Neri.