Its GreenLake solution is heavily dependent on and already white-labels Morpheus’ product as its own hybrid cloud management offering. Morpheus, a leader in hybrid cloud management, adds massive credibility to HPE’s GreenLake product, which positions itself as a hybrid cloud solution but lacks true native management capabilities.

On the other hand, if you already have a hybrid cloud management solution, there’s generally no need to purchase a separate cloud cost management tool. Is hybrid cloud management the same as multicloud management? The marketplace includes two types of solutions: those that primarily focus on public clouds with some on-premises visibility (multicloud management) and those that can build and manage private clouds and manage public clouds (hybrid cloud management).

The capabilities required for public and private cloud management vary greatly, so this distinction drastically affects cost and functionality. In 2022, we evaluated hybrid cloud management platforms, which focus on the management of public and private cloud, not multicloud management tools, which focus primarily on public cloud. In our evaluation, we found that the hybrid cloud management platform market is changing direction.

For an overview of vendors that offer hybrid cloud management tooling, see The Forrester Wave™: Hybrid Cloud Management, Q4 2022 and Now Tech: Hybrid Cloud Management, Q2 2022. The Forrester Wave™: Cloud Cost Management And Optimization, Q3 2022 and Now Tech: Cloud Cost Management And Optimization, Q2 2022 provide detailed evaluations of the top cloud cost management players. Remember that the highest rated vendor may not have the tooling that most closely aligns with your needs.

Hybrid Cloud Management Is Central To Enterprise Cloud Strategies The role and importance of cloud management tooling has risen to the forefront as companies increasingly use multiple environments such as public and private clouds to support their workload application needs.

Furthermore, OpsRamp’s modular, multitiered architecture and its vast library of integrations across hybrid environments fill a crucial gap in HPE’s hybrid cloud management offering. In the past year, HPE has been aggressively acquiring companies to beef up its GreenLake software portfolio. The OpsRamp acquisition is the fourth in a string of 2023 acquisitions and marks a continued multiyear effort by HPE to expand its hybrid cloud capabilities with AI, security, and data management.

Get a preview of our upcoming coverage in two key areas: operationalizing cloud and cloud cost management.

In the early days of FinOps, managing cloud costs required a DIY approach, using a spreadsheet with manual updates. But over the last decade, a whole market serving cloud cost management and optimization (CCMO) launched into popularity. The days of DIY were seemingly over, reserved for small organizations just getting their FinOps journey off the ground. However, a new era of DIY cloud management has begun — one that is not powered by the spreadsheets of old.

Cloud Cost Management And Optimization Solutions Deconstructed A graphic that shows the standard capabilities of a CCMO solution.

Multicloud and cloud cost management rise as demand for private cloud lowers. Decreasing product revenue, increased public cloud adoption, and decreased vendor participation indicate that the hybrid cloud management is contracting in favor of tools that are focused more on multicloud management (public cloud focus with some on-premises capabilities) and less on building out fully functioning private cloud and managing heavy and complex hybrid cloud environments.