Cloud underperforms in gloomy HP results
Grazed from CloudPro. Author: Jane MaCallion.
HP CEO Meg Whitman claims cloud, big data and application modernisation are central to the firm’s turnaround strategy, despite its third quarter results suggesting its cloud business is underperforming. In a call with analysts, transcribed by Seeking Alpha, Whitman stepped back from earlier statements that the company could return to revenue growth in 2014 following the disclosure of its Q3 results.
The company’s software division was one of the few that demonstrated year-on-year revenue growth, and Whitman said she was “especially pleased with the continued performance in [HP’s] strategic areas of cloud, security and big data”…


Piston Cloud Computing, Inc., the enterprise OpenStack(TM) company, today announced that it is now the community OpenStack infrastructure provider for Cloud Foundry(TM), the industry’s Open Platform-as-a-Service (PaaS). Piston will continue to be one of Pivotal’s partners for rapid Cloud Foundry deployments, and its Co-founder and CTO, Joshua McKenty, will serve on the Cloud Foundry Advisory Board.