HP rebuffs public cloud market exit reports

April 8, 2015 Off By David
Object Storage

Grazed from ComputerWeekly. Author: Caroline Donnelly.

HP has dismissed reports that it’s planning to exit the public cloud market, after one of its senior vice-presidents admitted the supplier has given up trying to compete with the likes of Amazon, Google and Microsoft. According to a New York Times report, HP thought it would be battling it out with the aforementioned public cloud giants for market supremacy, but things didn’t work out that way.

To back this point, HP senior vice-president of cloud product management, Bill Hilf, is reported to have said: “We thought people would rent or buy computing from us. It turns out it makes no sense for us to go head-to-head.” The comments have been seized on by some quarters of the tech industry as an admission the technology giant is giving up on the public cloud market – a point of view HP has been quick to correct…

In a statement to Computer Weekly, the company said: “HP is not leaving the public cloud market. We run the largest OpenStack technology-based public cloud in the US. This has to do with not competing head-to-head with the big public cloud players.”…

Read more from the source @ http://www.computerweekly.com/news/4500243994/HP-rebuffs-public-cloud-exit-reports