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Eight Reasons HPE GreenLake Is Growing Faster Than Public Cloud

Steven Burke

Hewlett Packard Enterprise CEO Antonio Neri says that with as-a-service bookings up 136 percent in the most recent quarter, the HPE GreenLake on premise cloud service is growing faster than public cloud. Here’s eight reasons why GreenLake is growing faster than public cloud.

 A ‘Stellar Performance” For HPE GreenLake

Hewlett Packard Enterprise added over 100 new HPE GreenLake customers in the most recent quarter at a total contract value of more than $500 million.

“We obviously had a stellar performance with GreenLake with bookings up 136 percent which is much higher than any public cloud growth we have seen,” said Neri in a conference call with partners after HPE reported results for its first fiscal quarter ended Jan. 31.

Amazon Web Services, the industry’s largest cloud provider, grew at 40 percent in the most recent quarter, while Google Cloud grew at a 45 percent clip and Microsoft grew its Dynamics products and cloud revenue by 45 percent.

HPE GreenLake channel sales were up 115 percent in the quarter compared to the year ago quarter, said HPE Worldwide Channel Chief George Hope during the partner conference call. “We’re firing on all cylinders from a partner perspective,” said Hope.

HPE’s annualized recurring revenue – a critical measure of GreenLake adoption – increased 23 percent to $798 million even in the face of supply constraints.

Among the reasons for HPE’s GreenLake sales growth are HPE’s transformation into an “information cloud” leader; a blistering pace of GreenLake innovation; heavy investments in GreenLake partner training and enablement and a stepped up drive for partners to do head to head comparisons between GreenLake and public cloud providers.

Hewlett Packard Enterprise is set to up the ante in the GreenLake edge to cloud services battle against all comers with significant “innovations and enhancements” set to be rolled out on March 22, said Neri.

The dramatic new GreenLake capabilities will accelerate HPE’s transformation to a full fledged “information cloud company” with GreenLake.HPE.com as the new seamless front end for the hybrid edge to cloud experience integrating on premise clouds with AWS, Microsoft Azure and Google Cloud, said Neri.

The new GreenLake capabilities – which include the ability for partners to integrate their services in GreenLake through an Application Programming Interface- represents a “huge” moment for HPE and its partners, said Neri.

“It brings the unification of the (cloud) experience in a hybrid approach from edge to cloud and it brings the partner ecosystem into the platform with that experience,” he said.

 

 
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