Hewlett Packard Enterprise to Acquire OpsRamp, Advancing Hybrid Cloud Leadership and Expanding HPE GreenLake into IT Operations Management

Hewlett Packard Enterprise (NYSE: HPE) today announced that it has entered into a definitive agreement to acquire OpsRamp, an IT operations management (ITOM) company that monitors, observes, automates and manages IT infrastructure, cloud resources, workloads and applications for hybrid and multi-cloud environments, including the leading hyperscalers. Gartner estimates ITOM to be an approximately $39 billion¹ market.

Integrating OpsRamp’s hybrid digital operations management solution with the HPE GreenLake edge-to-cloud platform – and supporting it with HPE services – will reduce the operational complexity of multi-vendor and multi-cloud IT environments that are in the public cloud, colocations, and on-premises. OpsRamp’s technology – which delivers discovery, monitoring, automation, and event resolution with artificial intelligence for IT operations (AIOps) – provides end-to-end visibility, observability, and control across hybrid and multi-cloud IT environments. These capabilities span multi-vendor computing, networking, and storage, along with cloud resources, containers, virtual machines, and applications. According to IDC, 64%² of enterprises use multiple cloud providers; the ability to manage the IT operations sprawl across heterogeneous cloud environments is becoming increasingly more important.

“Customers today are managing several different cloud environments, with different IT operational models and tools, which dramatically increases the cost and complexity of digital operations management,” said Fidelma Russo, Chief Technology Officer of Hewlett Packard Enterprise. “The combination of OpsRamp and HPE will remove these barriers by providing customers with an integrated edge-to-cloud platform that can more effectively manage and transform multi-vendor and multi-cloud IT estates. This acquisition advances HPE hybrid cloud leadership and expands the reach of the HPE GreenLake platform into IT Operations Management.”

The HPE GreenLake edge-to-cloud platform – the foundation of the hybrid cloud experience

HPE GreenLake platform provides customers and partners with a unified hybrid cloud experience and easy access to cloud services. With the addition of OpsRamp’s services, new and existing HPE customers facing increasingly complex multi-vendor IT systems and workloads will be able to more efficiently manage IT investments and remediate incidents faster. Organizations benefit from one platform from which to automate, orchestrate, and operate their hybrid cloud estate.