HPE’s CEO calls GreenLake a ‘home run’

Hewlett Packard Enterprise (HPE) executives talked quite a bit about the company’s GreenLake cloud service on yesterday’s fourth quarter and fiscal year-end 2021 earnings call. HPE CEO Antonio Neri called GreenLake “a home run” and said, “We believe we have years of advantage.”

HPE GreenLake provides infrastructure-as-a-service for workloads whether they are located at on-premises data centers, at colocation facilities or provided as a fully managed, pay-per-use service.

GreenLake services can also include data analytics. And GreenLake also includes HPE Aruba services such as Wi-Fi 6, switching, SD-Branch, and data center networking. HPE GreenLake for Aruba delivers all hardware, software and services via subscription.

HPE CEO Antonio Neri said, “In fiscal year 2021 we generated a strong momentum in our transformation to an as-a-service company. Our company as-a-service orders increased 61% year-over-year, with HPE GreenLake orders increasing 46% year-over-year.”

HPE added more than 300 new GreenLake customers during fiscal year 2021, bringing its GreenLake customer count to more than 1,250. “We added more than $1.5 billion of GreenLake total contract value over the last year, bringing the total to more than $5.7 billion,” said Neri.

RELATED: HPE targets telecom, healthcare, banking with GreenLake services

More than 900 partners sell HPE GreenLake.

“What customers like about the model is the ability to procure everything from edge to cloud from one integrated platform,” said Neri. “It’s the fact that they can consume anything from network-as-a-service subscriptions to Aruba products to what I call private cloud to data services.

Q4 numbers

The company also reported decent numbers in yesterday’s earnings call.

For Q4 2021, HPE reported $7.4 billion in net revenue, which was up 7% sequentially and up 2% from the prior-year period.

For the full fiscal year HPE saw revenue of $27.8 billion, up 3% from the prior year period.

For the year, the company reported net income of $3.43 billion, delivering fiscal year 2021 non-GAAP net earnings per share of $0.52, compared to $0.41 in the prior-year period.