Hewlett Packard Enterprise (HPE) has announced that it has entered into a definitive agreement to acquire OpsRamp, an IT operations management (ITOM) company headquartered in California, to expand HPE GreenLake capabilities.
Operating in what Gartner estimates to be a $39bn market, OpsRamp monitors, observes, automates and manages IT infrastructure, cloud resources, workloads and applications for hybrid and multi-cloud environments, including leading hyperscalers.
OpsRamp’s capabilities span multi-vendor computing, networking and storage, as well as cloud resources, containers and virtual machines and applications.
The acquisition follows a venture capitalist investment in the ITOM firm by Hewlett Packard Pathfinder back in 2020. OpsRamp’s technology will be integrated with the HPE GreenLake platform, available standalone as-a-service, and embedded within HPE’s compute, storage and networking solutions. The transaction is expected to close in the third quarter of the HPE 2023 fiscal year.
With this offering, customers will be able to more effectively manage their heterogeneous cloud environments, dramatically reduce their operating expenses and enhance the overall IT experience for users. Additional capabilities will include the consolidation of multi-vendor tools; automating and streamlining manual processes with AIOps; and significantly improving incident remediation with monitoring and observability.
The combination of HPE’s GreenLake edge-to-cloud platform and OpsRamp’s hybrid digital operations management solution will reduce the operational complexity of multi-vendor and multi-cloud IT environments that are in the public cloud, co-locations and on-premises.
Fidelma Russo, chief technology officer, HPE, said: “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.
“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.”
Varma Kunaparaju, CEO, OpsRamp, said: “The integration of OpsRamp’s hybrid digital operations management solution with the HPE GreenLake platform will provide an unmatched offering for organizations seeking to innovate and thrive in a complex, multi-cloud world. Partners and the channel will also play a pivotal role to advance their as-a-service offerings, as enterprises look for a unified approach to better manage their operations from the edge to the cloud. We look forward to leveraging the scale and reach of HPE’s global go-to-market engine to deliver our unique offering and are excited for this journey ahead as part of HPE.”
