New private cloud contract re-affirms HPE GreenLake Cloud as a core pillar of Barclays’ hybrid cloud strategy

Hewlett Packard Enterprise announced that Barclays has signed a new private cloud services deal, confirming HPE GreenLake Cloud as a core pillar to Barclays’ hybrid cloud strategy. The new deal marks an extension of the initial cloud partnership the bank signed in 2021.

Over the past two and a half years, HPE has supported Barclays in the migration and deployment of more than 50,000 workloads to their private cloud estate, with a trajectory to double this over the next three years. This transition will allow the bank to decommission legacy systems, free up rack space, and save several MWs of power. Reducing technical debt within the bank will enhance the underlying infrastructure and increase workload density. This, combined with the modernization of workloads, will allow the bank to reduce power and cooling consumption, contributing to the reduction of the carbon footprint of workloads.

«With a private cloud through HPE GreenLake Cloud, we saw significant acceleration of our hybrid multi-cloud journey, driving key elements and innovations of our digital experience», said Stephen Flaherty, Chief Technology Officer and Head of Group Technology Infrastructure Services at Barclays.