Hewlett Packard Enterprise’s multi-year efforts to remain relevant against the onslaught of cloud giants hinges on convincing resellers to back its as-a-service (aaS) sales model, and yet progress continues to be painfully slow.
The entire portfolio of HPE will be available to buy aaS from next year, in fact the vast majority already is save for the Cray line of high-performance computers. aaS lets customers establish a base level service for compute, networking, storage, and so on, scaling up and then down when needed, with the client paying for what they use.
The consumption model is growing for HPE from a standing start, accounting for just 5 per cent of revenue in 2018. HPE recently reported annualised recurring revenues (ARR) of $796m in its Q4 of fiscal 2021 ended 31 October, up 36 per cent year-on-year. This follows $649m reported in HPE’s Q1, $678m in its Q2 and $705m in Q3.
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Source: Expert Gwapo Pinoys
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