Hewlett-Packard Enterprise bolstered its cloud-platform lineup Jan. 23 with the acquisition of San Jose, Calif.-based Cloud Cruiser, which makes software that meters and bills for customers' consumption of IT.
Terms of the transaction were not released.
Cloud Cruiser's utilization analytics application enables users to manage and optimize public, private and hybrid cloud usage and spending. HPE itself previously had been one of Cloud Cruiser's largest customers; in fact, the application is available for licensing through HPE's new Flexible Capacity business.
HPE Flexible Capacity is an essential component of HPE's Technology Services portfolio that offers customers on-premise physical IT infrastructure at the cost of cloud services—essentially a rental agreement, the company said.
Cloud Cruiser enables user to manage IT infrastructure in their own data centers, but pay for it as a service. This reduces the risk of organizations investing too much or too little in IT, eliminates unused capacity and frees up valuable IT resources for new value-adding projects.
Less of a Financial Risk
Flexible Capacity offers enterprises the freedom to try new projects, fail fast if necessary without penalty and support growth if they succeed, HPE said.
"A critical piece of HPE Flexible Capacity is measurement–the ability to accurately meter and bill for customers' consumption of IT–that differentiates Flexible Capacity from other offers," HPE Senior Vice President of Technology Services Support Scott Weller wrote in a blog post.
"Cloud Cruiser's consumption analytics offerings enable enterprises such as Accenture, KPN, and TD Bank to measure, analyze, optimize and control their usage and spend in private, public and hybrid cloud environments. As a Cloud Cruiser customer, we have seen firsthand the value that Cloud Cruiser's technology creates by enabling HPE Flexible Capacity to meter and bill for usage of on-premise IT infrastructure in a pay-as-you-go model."
When the transaction closes, Cloud Cruiser will become part of the Data Center Care portfolio within HPE's Technology Services Support organization, Weller said.
Cloud Cruiser co-founder and CEO David Zabrowski (who served as VP and General Manager of HP's Enterprise Computer Organization from 1997-2002), will report to Weller.