The Channel logo

News

By | Paul Kunert 9th June 2011 11:19

HP assigns $2bn of finance in CIO cloud investment prod

Let us take care of raising the cash

Hewlett-Packard's financial services arm has set aside $2bn (£1.2bn) for customers to buy its cloud technologies.

At the same time, the US tech monster lifted the covers off the CloudAgile Service Provider programme which it is piloting with 10 services providers globally, including reseller SCC in the UK.

The financing scheme - covering leasing, sale and lease back of existing IT infrastructure and a deferred payment plan - is not revolutionary, but HP hopes it will convince CIOs to consider moving legacy systems to the cloud.

"While many chief financial and information officers agree on the transformative power of cloud solutions, they are often challenged to align the investment budgets and return on investment goals associated with implementing them," said HP.

The CloudAgile programme will be opened to resellers later in the year as well as telcos, hosters and system integrators; all of whom will get the usual MDF, account managers and web-based resources.

HP has also updated its CloudSystem appliance for private, public and hybrid clouds - based on its converged infrastructure and Cloud Service Automation software - by adding a "dual burst" feature, which allows customers to scale and can be used to manage rivals' systems. ®

alert Send corrections

Opinion

Windows 10 on Surface 3

Tim Anderson

It's do-or-die for Microsoft's new operating system on 29 July
Wine Taps by N Wong, Flickr, CC 2.0 License

Simon Sharwood

Clouds sell compute by the glass. On-premises kitmakers want to sell wine-as-a-service

Greg Knieriemen

Privacy, security, information sovereignty, what we all want, right?
Microsoft's Joe Belfiore, speaking at Build 2015

Andrew Orlowski

Redmond devotees may as well have demanded manga desktop wallpaper

Features

Time to pull out the magnifying glass to swot up on those Ts&Cs
Android icon desktop toys
Nice devices, now speak 'enterprise' to me
Standard Form 86 reads like a biography of each intelligence worker
Protestor barricade image via Shutterstock
Breaking through the hardware barricades to a new network state