HPE to acquire Cloud Technology Partners to bolster consulting services
Hewlett Packard Enterprise (HPE) has announced it is to acquire Cloud Technology Partners (CTP) to extend its cloud consulting presence and beef up its hybrid IT capabilities.
Cloud Technology Partners, whose SVPs include renowned thought-leader David Linthicum, have specialisms in a variety of environments, including Amazon Web Services (AWS) – the company announced it had achieved AWS security competency in June – and Google Cloud’s application development specialisation. The company was last month also placed in Fifty Five and Five’s Inbound Marketing Excellence report for the second year running, indicating its renown in the Microsoft partner network.
For HPE, the rationale is straightforward, with CTP moving into HPE Pointnext, the company’s consultancy unit previously known as Enterprise Services. “CTP’s consulting, design and operational advisory services for cloud environments will strengthen our hybrid IT consulting expertise in a fast growing market,” Ana Pinczuk, SVP and GM for HPE Pointnext, explained in a blog post.
“Together, we will be even better positioned to capitalise on this market trend,” Pinczuk added. “The CTP team has built strong customer momentum and will be able to accelerate that momentum by leveraging HPE’s global brand and go-to-market.”
As HPE explained, CTP helps enterprise clients on a three-pronged cloud journey, from migration – determining which applications are optimal for both public and private clouds – to innovation, through technologies such as the Internet of Things (IoT), big data and machine learning, and operation.
HPE cited a McKinsey study from February which found that spending on hybrid IT consulting and cloud native developments is at approximately $6 billion today, growing at more than 18%. Speaking to The Cube at HPE Discover in June, Pinczuk explained the opportunity ahead. “Nobody owns ‘advise and transform’,” she said. “Nobody owns the whole digital transformation journey. The opportunity there greatly outweighs the constraints that we have in that space.”
Financial terms of the deal were not disclosed.