HP’s big bet on cloud
May 8, 2014
Grazed from SFGate. Author: Kristen V. Brown.
Hewlett-Packard is making a major bet on cloud computing, announcing Wednesday that it will invest $1 billion in a suite of open-source cloud products that position the Palo Alto company as a competitor to cloud services like Amazon Web Services and Google Compute Engine.
HP’s cloud products and services, dubbed HP Helion, mark a shift away from what has been the company’s primary business, namely selling products like management software and technology hardware to corporate data centers. Instead, HP will encourage companies to build their own cloud systems, using HP’s version of the open-source cloud software OpenStack…
Read more from the source @ http://blog.sfgate.com/techchron/2014/05/07/hps-big-bet-on-cloud/
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