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The coronavirus pandemic fast-tracked cloud infrastructure spending, with organizations turning to the scalability and services of cloud platforms to meet changing requirements in a locked-down world relying on remote work, education, entertainment, medicine and shopping.

The acceleration of cloud migrations and cloud infrastructure projects is expected to continue once the pandemic subsides, driving IaaS and PaaS spending.

For HPE, the cloud migration quest continues. Revenue returned to pre-coronavirus revenue levels with a fourth-quarter rebound for the edge-to-cloud, Platform-as-a-Service company. HPE moved its pay-per-use GreenLake channel model to a standardized group of 17 “building block” cloud service offerings to simplify time to value and market. It also finalized the $925 million acquisition of SD-WAN leader Silver Peak.

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