Barclays Expands Cloud Capabilities with HPE GreenLake Services
Barclays Enhances Cloud Infrastructure with HPE GreenLake
In a significant move to strengthen its cloud capabilities, Barclays has announced an expansion of its private cloud services through a new partnership with HPE GreenLake. This collaboration is central to Barclays’ hybrid cloud strategy and reflects the bank's ongoing commitment to modernize its operations and improve digital services.
Extending the Partnership for Greater Innovation
The renewed agreement builds on the initial cloud partnership established in 2021. Over the past two and a half years, HPE has facilitated the migration and deployment of over 50,000 workloads into Barclays' private cloud estate. With the goal to double this number in the next three years, the project aims to decommission outdated systems while enhancing operational efficiency and reducing energy consumption.
What This Means for Barclays
Barclays anticipates that this migration will lead to substantial energy savings, freeing up rack space and minimizing power usage significantly. The transition is expected to alleviate technical debt while bolstering the overall infrastructure, which will, in turn, enable a higher workload density. This optimized approach will not only reduce power and cooling demands but also contribute to lowering the carbon footprint of its operations.
Insights from Barclays’ CTO
Stephen Flaherty, Barclays’ Chief Technology Officer, expressed excitement about the partnership, stating that the private cloud powered by HPE GreenLake has accelerated their hybrid multi-cloud journey. He emphasized that this agility enhances the bank's ability to provide excellent outcomes for its clients. Moving forward, the integration of AI tools will play a crucial role in augmenting customer convenience, with ongoing tests being conducted to ensure responsible adoption.
Future Innovations on the Horizon
As Barclays and HPE advance their collaboration, they will explore innovative opportunities within the private cloud ecosystem. By leveraging data and emerging technologies, they aim to push the boundaries of what's possible in the banking sector. Enhanced optimizations for the developer experience are also planned, assuring smooth integration and user-friendly interfaces.
Importance of a Data-First Approach
Matt Harris, Senior Vice President and Managing Director at HPE, highlighted the importance of a data-first approach in today's fast-changing digital environment. He shared that such an approach is vital for accelerating digital transformation and achieving long-term growth, especially through AI applications. With HPE GreenLake as the foundation of its cloud operations, Barclays will be equipped to drive innovation, enhancing personalized banking experiences for its clientele.
About HPE
Hewlett Packard Enterprise (NYSE: HPE) operates as a global edge-to-cloud organization dedicated to unlocking value from data. With a wide range of services from Cloud Solutions to AI, HPE helps businesses adapt and thrive in a competitive landscape, enabling new business models and operational enhancements. For further insights about their offerings, visit the HPE website.
About Barclays
Barclays is a distinguished universal bank based in the UK, with a diverse portfolio spanning consumer banking, payment services, and corporate investment banking globally. The bank’s versatile operations are underpinned by a robust service company that provides essential technology and operational support across its various branches. To learn more about Barclays, please explore their official channels.
Frequently Asked Questions
What is the purpose of Barclays’ new deal with HPE GreenLake?
The new deal aims to strengthen Barclays' hybrid cloud strategy and improve digital services through enhanced private cloud capabilities.
How many workloads is Barclays migrating to its private cloud?
Barclays has migrated over 50,000 workloads to its private cloud and aims to double this number in the next three years.
What are the environmental benefits of this migration?
The migration will reduce energy consumption, free up rack space, and lower the carbon footprint associated with its operations.
What role will AI play in Barclays’ future operations?
AI will improve customer convenience and streamline operations as Barclays tests and integrates new technologies with its partners.
How does HPE support Barclays in this partnership?
HPE provides robust cloud solutions that facilitate the migration of workloads and enhance operational efficiencies, core to Barclays' digital transformation efforts.
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