View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Cloud
September 5, 2017

HPE continues shopping spree with Cloud Technology Partners acquisition

HPE's consulting capabilities to be augmented by the acquisition.

By James Nunns

Fresh from completing its software merger with Micro Focus, Hewlett Packard Enterprise has now decided to acquire Cloud Technology Partners.

The purpose of the acquisition is said to be to strengthen HPE’s consulting capabilities, which comes in the form of HPE Pointnext – HPE’s IT services organisation that’s designed to make Hybrid IT simpler whilst “powering the Intelligent Edge.”

HPE said that the announcement of intent to acquire Cloud Technology Partners (CTP) will increase its own expertise in helping clients move to the cloud, innovate on the cloud and operate the cloud.

Read more: HPE Software, Micro Focus merger reaches $8.8 billion conclusion

CTP, which was founded in 2010, helps IT organisations to decide which applications are best suited to public and private clouds and helps them to complete the migration.

CTP also offers a Managed Cloud Control suite of managed services that helps users to achieve governance, risk and regulatory compliance, as well as automating the “reconciliation of actual cloud spend back to the projected TCO savings,” according to HPE. HPE Pointnext

HPE said in its announcement that: “CTP’s consulting, design and operational advisory services for cloud environments will strengthen our Hybrid IT consulting expertise in a fast growing market. Spending on the Hybrid IT Consulting and Cloud Native Development segments is approximately $6 billion today, growing at over 18 percent (Source: McKinsey, February 2017).

“Together, we will be even better positioned to capitalize on this market trend. The CTP team has built strong customer momentum and will be able to accelerate that momentum by leveraging HPE’s global brand and go-to-market.”

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

HPE is continuing to go down the route of wanting to be a “trusted advisor” that can guide customers through their IT journeys. The intended acquisition of CTP adds a cloud agnostic company with experience across platforms such as AWS, Azure and Google, to HPE’s portfolio of services.

No financial details have been revealed.

Topics in this article : , ,
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU