HPE buys OpsRamp to boost IT operations management revenue

Hewlett Packard Enterprise (HPE) announced it is set to acquire OpsRamp, an IT operations management (ITOM) company that monitors, automates and manages IT infrastructure and cloud resources.
HPE for businessGartner estimates ITOM will be an approximately $39 billion market.

HPE will be integrating OpsRamp’s digital operations management solution with the HPE GreenLake edge-to-cloud platform – and supporting it with HPE services – to reduce the operational complexity of multi-vendor and multi-cloud IT environments.

OpsRamp’s technology provides end-to-end visibility, observability, and control across hybrid and multi-cloud IT environments. These capabilities span multi-vendor computing, networking, and storage, along with cloud resources, containers, virtual machines, and applications.

64 percent of enterprises use multiple cloud providers; the ability to manage the IT operations sprawl across heterogeneous cloud environments is becoming increasingly more important, according to IDC.

“The combination of OpsRamp and HPE will be 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,” Fidelma Russo, Chief Technology Officer of Hewlett Packard Enterprise, said.

Headquartered in San Jose, California, OpsRamp was part of Hewlett Packard Pathfinder’s venture capital investment in 2020.

HPE GreenLake supports more than 65,000 customers, powers more than two million connected devices and manages more than one exabyte of data with customers worldwide.