December 3rd, 2012 by Josh Linden
HP Introduces Capacity on Demand Financial Services
HP Financial Services has announced a new Capacity on Demand program to finance storage scalability and simplify how HP Converged Storage infrastructure is purchased and delivered. For minimum transactions of $100K/ €75K, Capacity on Demand extends to baseline storage hardware and software; Burst Buffer hardware and software assets; installation services for baseline storage and Burst Buffer hardware; HP Care Pack for baseline storage and Burst Buffer hardware.
Capacity on Demand is structured as a lease contract with a monthly payment structure based on consumed capacity over a 3-5 year term. Each time a client reaches its storage allotment, an order is placed for additional capacity. Until the additional capacity is available at the client’s site, they are able to use capacity in their Burst Buffer, which holds spare storage capacity of up to 30 percent of the client’s baseline storage.
HP Capacity on Demand is available with all HP Converged Storage platforms including 3PAR StoreServ Storage, StoreAll Storage and StoreOnce Backup. It is available to commercial and public sector clients in the United States, Canada and the Europe, Middle East, and Africa regions.