UPDATED 14:55 EDT / MARCH 22 2023

INFRA

Driving sustainability through asset management and financial modeling

Accelerating digital transformations while progressing an environmental, social and governance journey is a common pitfall enterprises encounter, often requiring professional expertise to lead sustainability and environmental initiatives to allow a company to progress with minimal planetary impact.

HPE Financial Services help organizations make smart financial and sustainability decisions.

“Customers are focused on making sure they’re driving sustainable models,” said Brad Shapiro (pictured), vice president and managing director of enterprise business of HPE Financial Services. “I’ve seen an increasing number of customers, both commercial and public sector, have sustainability requirements in their tenders and reverse path forwardings, and you have to be able to comply with those.”

Shapiro spoke with theCUBE industry analysts Dave Vellante and John Furrier last year’s HPE Discover event, during an exclusive broadcast on theCUBE, SiliconANGLE Media’s livestreaming studio. They discussed implementing sustainable transformative solutions, how the pandemic shifted acceleration and sustainability, helping enterprises transition to HPE GreenLake and more. (* Disclosure below.)

Less is more

HPE’s secret is it plans to sell clients less over time — clients will need assets as time passes, but high utilization, benefiting the environment in the long run, according to Shapiro. Financial Services puts those assets back into reuse in remarketing facilities, with 80 facilities globally.

“Eighty-five percent of the assets we get back go into reuse. And when you look at servers and PCs, over 95% go into reuse,” Shapiro said.

It’s no secret, however, that the pandemic accelerated a need for a digital-first world, with services like curbside pickup and telecommuting becoming necessities to maintain social distancing.

“What we’re trying to do with our asset management plays, with the financial modeling we do, is figure out how do we get more of that spend going to innovation versus maintenance,” Shapiro said. “You have to know where the people are going to land and how the assets are going to be distributed.”

Here’s the complete video interview, part of SiliconANGLE’s and theCUBE’s coverage of the HPE Discover event:

(* Disclosure: TheCUBE is a paid media partner for HPE Discover. Neither Hewlett Packard Enterprise Co., the sponsor of theCUBE’s event coverage, nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)

Photo: SiliconANGLE

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