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GreenLake’s growing contribution to Hewlett Packard Enterprise Co.’s as-a-service business strategy is emerging as one of the company’s more notable story lines for 2021.
Introduced as a pay-per-use suite of IT solutions for customer workloads, GreenLake hit the market in 2017. Less than a year later, HPE had already accumulated $5 billion in assets under management with GreenLake, and the company has continued to enhance its offering with new services and partnerships.
The offering has continued to demonstrate momentum. HPE’s earnings results in December showed that GreenLake channel orders climbed 62% year over year. And the company’s annualized run rate rose 27%, largely credited to widespread adoption of its GreenLake cloud-services division, as well as Aruba ESP edge-to-cloud connectivity-as-a-service.