OpsRamp and the HPE GreenLake edge-to-cloud platform will
provide a unified approach to manage multi-vendor computing,
networking, storage, and application resources in hybrid and
multi-cloud IT environments
Hewlett Packard Enterprise (NYSE: HPE) today announced that it
has entered into a definitive agreement to acquire OpsRamp, an IT
operations management (ITOM) company that monitors, observes,
automates and manages IT infrastructure, cloud resources, workloads
and applications for hybrid and multi-cloud environments, including
the leading hyperscalers. Gartner estimates ITOM to be an
approximately $39 billion1 market.
Integrating OpsRamp’s hybrid digital operations management
solution with the HPE GreenLake edge-to-cloud platform – and
supporting it with HPE services – will reduce the operational
complexity of multi-vendor and multi-cloud IT environments that are
in the public cloud, colocations, and on-premises. OpsRamp’s
technology – which delivers discovery, monitoring, automation, and
event resolution with artificial intelligence for IT operations
(AIOps) – provides end-to-end visibility, observability, and
control across hybrid and multi-cloud IT environments. These
capabilities span multi-vendor computing, networking, and storage,
along with cloud resources, containers, virtual machines, and
applications. According to IDC, 64%2 of enterprises use multiple
cloud providers; the ability to manage the IT operations sprawl
across heterogeneous cloud environments is becoming increasingly
more important.
“Customers today are managing several different cloud
environments, with different IT operational models and tools, which
dramatically increases the cost and complexity of digital
operations management,” said Fidelma Russo, Chief Technology
Officer of Hewlett Packard Enterprise. “The combination of OpsRamp
and HPE will remove these barriers by providing customers with an
integrated edge-to-cloud platform that can more effectively manage
and transform multi-vendor and multi-cloud IT estates. This
acquisition advances HPE hybrid cloud leadership and expands the
reach of the HPE GreenLake platform into IT Operations
Management.”
The HPE GreenLake edge-to-cloud platform – the foundation of
the hybrid cloud experience
HPE GreenLake platform provides customers and partners with a
unified hybrid cloud experience and easy access to cloud services.
With the addition of OpsRamp’s services, new and existing HPE
customers facing increasingly complex multi-vendor IT systems and
workloads will be able to more efficiently manage IT investments
and remediate incidents faster. Organizations benefit from one
platform from which to automate, orchestrate, and operate their
hybrid cloud estate.
The OpsRamp capabilities extend the HPE services portfolio –
across Advisory, Operational and HPE GreenLake managed services –
into delivering end-to-end support for hybrid and multi-cloud IT
environments. With this offering, customers can more effectively
manage their heterogeneous cloud environments, dramatically reduce
their operating expenses and enhance the overall IT experience for
users. Capabilities include the consolidation of multi-vendor
tools; automating and streamlining manual processes with AIOps; and
significantly improving incident remediation with monitoring and
observability.
Headquartered in San Jose, California, OpsRamp was part of
Hewlett Packard Pathfinder’s venture capital investment in 2020.
OpsRamp delivers a hybrid digital operations management platform
that supports thousands of customers worldwide to modernize and
reduce the cost of their digital operations management.
“The integration of OpsRamp’s hybrid digital operations
management solution with the HPE GreenLake platform will provide an
unmatched offering for organizations seeking to innovate and thrive
in a complex, multi-cloud world. Partners and the channel will also
play a pivotal role to advance their as-a-service offerings, as
enterprises look for a unified approach to better manage their
operations from the edge to the cloud,” said Varma Kunaparaju, CEO
of OpsRamp. “We look forward to leveraging the scale and reach of
HPE’s global go-to-market engine to deliver our unique offering and
are excited for this journey ahead as part of HPE.”
Today, HPE GreenLake supports more than 65,000 customers, powers
more than two million connected devices and manages more than one
exabyte of data with customers worldwide.
HPE portfolio integration and availability
The transaction is expected to close in the third quarter of the
HPE 2023 fiscal year, subject to regulatory approvals and other
customary closing conditions. OpsRamp’s technology will be
integrated with HPE GreenLake platform, available standalone
as-a-service, and embedded within HPE’s compute, storage, and
networking solutions.
1 Shailendra Upadhyay, Laurie Wurster (February 2023), Gartner
Forecast Analysis: IT Operations Management Software, Worldwide 2
IDC, What Are Enterprise "Multicloud" Adoption Trends When It Comes
to Infrastructure Deployment?, doc # US48902122, March 2022
About HPE GreenLake
The HPE GreenLake edge-to-cloud platform enables customers to
accelerate data-first modernization and provides cloud services
that can run on-premises, at the edge, in a colocation facility,
and in the public cloud. In its first fiscal quarter of 2023, HPE
reported Annualized Revenue Run-Rate (ARR) of over $1 billion, a
growth of 31% from the prior-year period in constant currency. HPE
GreenLake has 65,000 customers, powers more than two million
connected devices and manages more than one exabyte of data under
management with customers worldwide. These organizations benefit
from one control plane from which to automate, orchestrate, and run
their hybrid cloud strategy. The scalable, pay-as-you go HPE
GreenLake platform also delivers robust security, compliance, and
control, and supports a broad partner ecosystem – including channel
partners, distributors, independent software vendors, public cloud
providers, service providers, and system integrators. For more
information on HPE GreenLake, please visit:
https://www.hpe.com/us/en/greenlake.html
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
Forward-looking statements
This document contains forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Such statements involve risks,
uncertainties, and assumptions. If such risks or uncertainties
materialize or such assumptions prove incorrect, the results of HPE
and its consolidated subsidiaries could differ materially from
those expressed or implied by such forward-looking statements and
assumptions. All statements other than statements of historical
fact are statements that could be deemed forward-looking
statements, including, but not limited to, any statements regarding
the expected benefits and costs of the transaction contemplated by
this document, including enhanced opportunities for growth, the
delivery and timing of customer benefits and additional offerings,
the timing of closing the transaction, and the realization and
timing of synergies and other economic benefits; projections of
operational or financial performance; any statements concerning the
expected development, performance, market share, or competitive
performance relating to products or services; any statements
regarding current or future macroeconomic or industry trends or
events and the impact of those trends and events on HPE and its
financial performance; any statements of expectation or belief; and
any statements of assumptions underlying any of the foregoing.
Risks, uncertainties, and assumptions include the possibility that
expected benefits may not materialize as expected; that the parties
are unable to successfully implement integration strategies; and
other risks that are described in HPE’s reports with the Securities
and Exchange Commission, including but not limited to the risks
described in HPE’s Annual Report on Form 10-K for its fiscal year
ended October 31, 2022, HPE’s Quarterly Report on Form 10-Q for its
fiscal quarter ended January 31, 2023, and that are otherwise
described or updated from time to time in Hewlett Packard
Enterprise’s Quarterly Reports on Form 10-Q, Current Reports on
Form 8-K, and in other filings made with the Securities and
Exchange Commission. HPE assumes no obligation and does not intend
to update these forward-looking statements.
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Media Contact: John Choi corpmediarelations@hpe.com
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