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Barclays Expands a Hybrid Cloud Deal with HPE

It was no surprise when the UK’s Barclays bank announced this month the extension of its contract with Hewlett Packard Enterprise (HPE). The new arrangement builds on a ten-year contract Barclays signed with HPE in 2021 for management of its multicloud and hybrid cloud estate.

So far, that agreement has helped the bank migrate 50,000 workloads HPE’s GreenLake Private Cloud, with another 50,000 expected to be shifted over within the next three years.

The announcement is significant on several fronts. First, it highlights the use of private hybrid cloud management, an ongoing trend among large enterprises intent on protecting on-premises data while tapping the strength of public cloud services. The deal is also a success story for HPE, which is banking heavily on its private cloud HCI approach via GreenLake. And given Barclay’s stated strategy to advance its data management and AI functions, it’s possible that HPE could contribute its newly released GreenLake Private Cloud AI system (a partnership with NVIDIA) to that effort.

HPE Didn’t Displace AWS

Contrary to various articles back in 2021, Barclays’ IT estate managed by HPE GreenLake Private Cloud didn’t displace the bank’s reliance on AWS cloud services. Instead, Barclays has continued to deploy those services, as well as security services from Microsoft, along with other cloud-based deployments, in conjunction with on-prem applications.

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