The Hewlett Packard Enterprise he said that it is offering more than two billion dollars in funding to help its clients facing financial challenges stemming from the crisis COVID-19, including cash flow or liquidity issues.
Hewlett Packard Enterprise is also introducing new initiatives, including a Payment Relief Program to help its customers acquire new technology and alleviate some of the financial pressure created by the uncertain climate.
The $ XNUMX billion in Hewlett Packard Enterprise funding will be implemented to help its customers ensure the continuity of their businesses and adapt to the current environment, addressing new technological financing needs and transforming their IT infrastructure into new sources of capital.
In addition, through the new Payment Relief Program, HPE customers can acquire the technology they need today and pay only 1% of the total value of their contract each month for the first eight months, deferring over 90% of the cost for 2021. This can be a safety net that will help many companies to properly manage the financial impact of COVID-19 the next months. From 2021, each monthly payment will be approximately equal to 3,3% of the total contract value.
"This is a difficult time to run a business. "Today more than ever, IT executives and CFOs play a central role in ensuring financial health by continuing to operate normally," said Irv Rothman, President and CEO of HPE Financial Services. "At HPE Financial Services, we are committed to helping businesses prioritize and providing them with concrete solutions so they can move forward."
Many businesses today have an immediate need to maintain cash flow, defer or reduce expenses, and relieve executive stress and delivery delays. “During this crisis, businesses need help regardless of the size of the business or industry.
"IDC recommends that organizations focus on two immediate needs: retaining their capital and using flexible payment options such as leasing or 'as-a-service' coverage of their emergencies with limited financial impact." Susan Middleton, Director of Research, Flexible Consumption and Financing Strategies at IDC, for IT infrastructure. "By devoting $ 2 billion in funding and leveraging its broad portfolio of flexible payment solutions, HPE will help business leaders manage to mitigate the impact of COVID-19 on their markets."
HPE is developing a number of programs designed to address these priorities:
Creating cash from existing assets
HPE helps its customers unlock value from their own technology by converting existing, proprietary IT resources into capital that can be used to purchase new, upgraded technology. This growing capital resource can help close the IT spending gap or give its customers the flexibility to support other parts of their business. HPE can also acquire newer generation technology that is ultimately not necessary for the customer. Over the past two years, HPE has returned more than $ 642 million to its customers this way.
Postponement or reduction of expenses
In addition to HPE's payment facilitation program, the team is enabling a payment structure with delay 90 days to facilitate the "tight" budgets of its clients. This deferred payment option is available on new technology purchases and is eligible for a wide range of HPE hardware and select software, software appliances, services and installation packages.
Correspondence of payments - production
HPE offers its customers a step-by-step program that enables them to acquire computing power and storage capacity, with the flexibility to configure and test systems before paying. In this way, HPE customers can continue their core business without the constraints of the current crisis on their budget cycle or implementation schedules. The development schedule can be extended to 12 months.
Mitigating production capacity pressure or delivery delays
Hewlett Packard Enterprise offers certified state-of-the-art technology. A complete portfolio of data center equipment, such as supply of parts, components, sub-assemblies, feature upgrades or even entire systems, are available either standardized or tailored to the budget and occasion of each customer. This technology meets HPE OEM standards and comes with a standard 30-day warranty, which is suitable for additional maintenance and support from HPE.
Offer short-term leases
Many customers face a challenge about the pressure on their staff or delays in their deliveries. The most common example is companies that are not ready to work from home and need the technology to empower telecommuting. HPE can help them by providing them with three to twelve months' lease of proprietary technology and twelve months' worth of new computers. This technology is factory configured to customer specifications, comes under warranty and is suitable to support HPE Pointnext services.
"Almost all companies are looking for help right now. "Now more than ever, productivity and telework support are paramount," said Ashley Penner, CEO of Powerland. "Using HPE's certified technology ownership, Powerland is able to quickly provide the necessary technology for healthcare and education to its customers. "Cooperation with HPE is invaluable."
HPE is committed to helping its communities, customers and partners during this time of global uncertainty and is using its time, talent, resourcesconditions and its technology to address the new challenges and demands facing organizations as a result of COVID-19. For example, HPE recently released VDI (virtual desktop interface) solutions to help its customers support and adapt to the growing demands of telecommuting. For more information on HPE's initiatives, you can visit the HPE COVID-19 content hub and view the latest article by Antonio Neri, President and CEO of HPE.
