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Share Name | Share Symbol | Market | Type |
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Hewlett Packard Enterprise Company | NYSE:HPE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.07 | 0.42% | 16.90 | 1,539 | 13:34:46 |
Businesses will experience profound changes as employees transition to hybrid work environments following COVID-19, in turn changing the way IT teams procure and consume networking solutions. In response to the pandemic, IT leaders are now investing more in cloud-based and AI-powered networking technologies as business recovery plans take shape. That’s according to a global survey of 2,400 IT decision-makers (ITDMs) commissioned by Aruba, a Hewlett Packard Enterprise company.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200812005209/en/
In response to COVID-19, 38% of IT leaders plan to increase their investment in cloud-based networking, and 35% in AI-based networking, as they seek a more agile infrastructure for hybrid work environments. (Graphic: Business Wire)
Read the full report: https://www.arubanetworks.com/assets/eo/Hybrid-Workplace-Report.pdf
As IT leaders respond to the challenges associated with enabling a highly distributed workforce and the emergence of the hybrid workplace – with people needing to move seamlessly between working on campus, at home and on the road – they are looking to evolve their network infrastructure and shift away from CapEx investments towards solutions consumed “as a service.” The average proportion of IT services consumed via subscription will accelerate by 38% in the next two years, from 34% of the total today to 46% in 2022, and the share of organizations that consume a majority (over 50%) of their IT solutions “as a service” will increase by approximately 72% in that time.
“With the emergence of the hybrid workplace, IT leaders are being asked to deliver a delicate balance between flexibility, security and affordability at the edge,” said Partha Narasimhan, CTO and HPE Senior Fellow for Aruba, a Hewlett Packard Enterprise company. “Every part of the workplace needs to evolve: the campus must be embedded with technology to support social distancing and contactless experiences, and the home office must offer enterprise-level connectivity, security and support. It’s increasingly clear that, to support these new needs in a financially challenging environment, IT decision-makers are attracted to the reduced risk and cost advantages offered by a subscription model.”
The report, which surveyed ITDMs in over 20 countries and eight key industries, looked at how they have responded to IT and business demands in the wake of COVID-19, what investment decisions are being made as a result, and the consumption models now being considered. A number of key findings stood out:
Impact of COVID-19 has Significant Implications
ITDMs report that the impact of COVID-19 has been significant both on their employees and short-term network investments:
The Future is Bright: Investing for Emerging Needs
By contrast, future plans are aggressive, with the vast majority of ITDMs planning to maintain or increase their networking investments in light of COVID-19, as they work to support the new needs of employees and customers.
Adoption of New Consumption Models is Accelerating
As ITDMs shape their investment plans, they are looking at alternative modes of consumption to achieve the best balance of value and flexibility.
“With the needs of customers and employees having changed so comprehensively in recent months, it’s no surprise to see IT leaders seeking more flexible solutions,” says Narasimhan. “They are having to adapt fast and ensure that more complex, distributed networks can securely support the experiences users demand. The need for agility and flexibility in network management is now greater than ever.”
While the pandemic has clearly negatively impacted ongoing projects, this research suggests it will also catalyze medium-term investment into advancing networking technologies, and a shift to more flexible models of consumption that limit up-front capital demands. Trends that were already taking hold will now accelerate, including the move to the Edge and the adoption of cloud-based and AI-driven intelligent networks.
To learn more about how Aruba is helping to architect the Hybrid Workplace, tune into Aruba ATM Digital at 10 a.m. PT on Thursday, August 13, 2020.
Additional Assets:
About Aruba, a Hewlett Packard Enterprise company
Aruba, a Hewlett Packard Enterprise company, is the global leader in secure, intelligent edge-to-cloud networking solutions that use AI to automate the network, while harnessing data to drive powerful business outcomes. With Aruba ESP (Edge Services Platform) and as-a-service options, Aruba takes a cloud-native approach to helping customers meet their connectivity, security, and financial requirements across campus, branch, data center, and remote worker environments, covering all aspects of wired, wireless LAN, and wide area networking (WAN).
To learn more, visit Aruba at http://www.arubanetworks.com. For real-time news updates follow Aruba on Twitter and Facebook, and for the latest technical discussions on mobility and Aruba products, visit Airheads Social at http://community.arubanetworks.com/.
About Vanson Bourne
Vanson Bourne is an independent specialist in market research for the technology sector. Their reputation for robust and credible research-based analysis is founded upon rigorous research principles and their ability to seek the opinions of senior decision makers across technical and business functions, in all business sectors and all major markets. For more information, visit www.vansonbourne.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20200812005209/en/
Pavel Radda Aruba, a Hewlett Packard Enterprise company +1-408-398-6668 pavel.radda@hpe.com
Kathleen Keith Aruba, a Hewlett Packard Enterprise company +1 707-529-4507 kathleen.keith@hpe.com
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