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Barclays extends deal with HPE GreenLake for private cloud

By Gloria Methri

September 17, 2024

  • Arica
  • Banking Modernisation
  • Barclays
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Barclays, HPE GreenLake Cloud, Hybrid Cloud, Private Cloud, FinTech, UKBarclays has reinforced its commitment to its hybrid cloud strategy with a new deal extending the services of HPE GreenLake Cloud. The move follows a successful collaboration which saw the migration and deployment of over 50,000 workloads to Barclays’ private cloud estate.

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 modernisation of workloads, will allow the bank to reduce power and cooling consumption, contributing to the reduction of workloads’ carbon footprint.

“With a private cloud through HPE GreenLake Cloud, we saw a 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. “The increased agility and operational performance enable our technology colleagues to deliver consistently excellent outcomes for our clients and customers. The next big step for us will be to increase customer convenience with the help of AI tools, we are testing the new technologies with our major partners to help ensure we adopt it responsibly.”

In this next phase of the collaboration, Barclays and HPE will focus on exploring opportunities for innovation and enhancing efficiencies within the private cloud environment. One key area of innovation will be leveraging data and exploring the potential of emerging technologies. In addition, new optimisations for the developer experience will ensure seamless integration and user-friendly interfaces.

“In today’s rapidly evolving digital landscape, a data-first approach that spans hybrid cloud is crucial to accelerate enterprises’ digital transformation and unlock long-term growth opportunities through AI,” said Matt Harris, senior vice president and managing director, UK, Ireland, Middle East and Africa at HPE. “We are looking forward to further supporting Barclays’ efforts to create better experiences for clients and customers. With HPE GreenLake Cloud at the core of their cloud operations, Barclays will have the resilience, scalability, efficiency, and data insights necessary to drive innovation, delivering new and enhanced personalised banking experiences for its customers.”

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