Cloud Cruiser will help accelerate HPE’s Flexible Capacity offering, a high-growth component of the Technology Services portfolio

Today HPE announced a definitive agreement to acquire Cloud Cruiser, a leading provider of cloud consumption analytics software that enables customers to manage and optimize public, private and hybrid cloud usage and spend.

Founded in 2010 and based in San Jose, CA and Roseville, CA, Cloud Cruiser offers an IT infrastructure consumption analytics application that provides clear insight into IT usage and spend and helps customers more effectively plan and manage their IT systems. Cloud Cruiser is already a key component of HPE’s Flexible Capacity business; we currently license Cloud Cruiser’s solutions in our Flexible Capacity offering and, in fact, we are their largest customer. This acquisition marks additional investment in HPE Flexible Capacity, to further differentiate and strengthen this high growth service.

A hybrid approach to IT

In today’s ever-changing technology landscape, IT organizations are under extreme pressure to not only ensure that the day-to-day operations run smoothly, but also to deliver new apps, processes and services that allow businesses to innovate. IT leaders are expected to be agile – provisioning IT in minutes, not months – all with significantly reduced budgets.

Many enterprises have turned to the public cloud to fulfill these new demands, resulting in a new IT-as-a-service model that allows customers to pay as they go only for the technology resources that they use. This reduces the need for organizations to commit large capital investments in IT, eliminates unused capacity, and frees up valuable IT resources for new value-adding projects.

But while some workloads may be right for the public cloud, others – which may require higher security, compliance and service levels – are best kept on-premise. Because of these different needs, HPE helps organizations take a hybrid approach to IT. But how can business leaders enjoy the same IT-as-a-service model when employing a mix of public cloud and on-premise IT?