Barclays Expands Partnership with HPE GreenLake Cloud

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Barclays Expands Private Cloud Partnership with HPE GreenLake Cloud for Hybrid Cloud Strategy

Barclays has reinforced its commitment to its hybrid cloud strategy with a new deal to extend the services of HPE GreenLake Cloud. The move follows a successful collaboration that saw the migration and deployment of over 50,000 workloads to Barclays’ private cloud estate. The new agreement will support Barclays’ drive to modernise workloads, increase operational efficiency and reduce its carbon footprint. 

  • Barclays signs a new private cloud services deal with HPE GreenLake Cloud.
  • The collaboration aims to embrace leveraging data, explore emerging technologies and optimise the developer experience.
  • The transition to the private cloud will allow Barclays to decommission legacy systems, increase workload density, reduce power and cooling consumption, and contribute to the reduction of the carbon footprint of workloads.

Barclays Amplifies Commitment to Private Cloud with HPE GreenLake

In an exciting development, Barclays has reaffirmed its commitment to hybrid cloud technology by extending its partnership with Hewlett Packard Enterprise (HPE). The new agreement bolsters the role of HPE GreenLake Cloud as a core pillar in the bank’s hybrid cloud strategy. This move builds on the initial collaboration that commenced in 2021.

Migration and Modernisation: The Journey So Far

Barclays’ journey with HPE GreenLake Cloud has been transformative. Over the past two and a half years, Barclays has transitioned more than 50,000 workloads to their private cloud system, thanks to HPE’s support. The bank now plans to double this figure over the next three years. These changes have enabled Barclays to retire outdated systems, conserve rack space and save substantial amounts of power. The reduction in technical debt has not only improved the underlying infrastructure but also increased workload density. 

Stephen Flaherty, Chief Technology Officer and Head of Group Technology Infrastructure Services at Barclays, acknowledged the significance of these changes, stating:

“With a private cloud through HPE GreenLake Cloud, we saw significant acceleration of our hybrid multicloud journey, driving key elements and innovations of our digital experience.”

Matt Harris, senior vice president and managing director, UK, Ireland, Middle East and Africa at HPE, expressed optimism, saying, “Barclays will have the resilience, scalability, efficiency, and data insights necessary to drive innovation, delivering new and enhanced personalised banking experiences for its customers.”

Thoughts

The extension of the partnership between Barclays and HPE is a clear indication of the bank’s confidence in the power and potential of hybrid cloud technology. With HPE GreenLake Cloud at the heart of Barclays’ operations, the bank appears to be well-positioned to continue its digital transformation, leveraging data-driven insights and emerging technologies, signifying a clear commitment to enhancing the banking experience for customers. As Barclays continues to innovate within the private cloud environment, we can expect to see further improvements in efficiency, agility and customer service.

FAQ

Q: What is the significance of the new private cloud contract between Barclays and HPE?
A: The new private cloud contract re-affirms HPE GreenLake Cloud as a core pillar of Barclays’ hybrid cloud strategy, accelerating their digital transformation journey.

Q: How has HPE supported Barclays in the past few years?
A: HPE has assisted Barclays in migrating and deploying over 50,000 workloads to their private cloud estate, with plans to double this number in the next three years.

Q: How will transitioning to a private cloud benefit Barclays?
A: Transitioning to a private cloud will enable Barclays to decommission legacy systems, free up rack space, save power, reduce technical debt, enhance infrastructure, increase workload density, and decrease power and cooling consumption.

Q: What are the key outcomes of using HPE GreenLake Cloud for Barclays?
A: Barclays has experienced increased agility, operational performance, and innovation in their digital experience, allowing for improved  outcomes for clients and customers.

Q: What is the focus of the next phase of collaboration between Barclays and HPE?
A: The next phase will concentrate on exploring innovation opportunities, enhancing efficiencies within the private cloud environment, leveraging data, exploring emerging technologies, and optimising the developer experience for seamless integration and user-friendly interfaces.