Case study

RioCan Real Estate Investment reduces rack space and cuts costs with HPE Synergy

While RioCan Real Estate Investment looks to expand its real estate footprint in Canada, it also wants to reduce its technology footprint in the data center. When it came time to refresh its leased technology, RioCan turned to HPE, which implemented HPE Synergy composable infrastructure, saving the company $300,000 over three years.

RioCan Real Estate Investment (RioCan) is in the midst of a corporate evolution. Canada's largest and most dependable real estate investment trust has, for over 25 years, leased, built, developed, partnered with and renovated properties housing the country's most recognizable retailers, grocery stores, movie theatres, restaurants, banks and gyms. With 6,200 tenants, 8.59 million square feet under development, and 45.1 million square feet of gross leasable area, RioCan is now expanding its focus to residential properties. Building communities, which includes the development of parks and urban mixed-use properties that combine residential, commercial, and/or office uses, is a shift in philosophy for the company, and with it comes a new way of looking at IT.

Higher quality at lower costs

In order to keep current and always have the most innovative and efficient technology in place, RioCan's leadership sees the value in leasing hardware on three-year terms. When the time came to renew the lease on its HPE CS700x system - which itself had replaced an IBM PureFlex solution during a previous technology refresh - HPE proposed a solution that would be low-risk in terms of downtime and information security, could be deployed rapidly, and featured a single point of contact for support. It would also allow RioCan to maintain or increase its operating margins by lowering cost. In short, HPE presented a solution that would be a low capital expenditure without skimping on quality.
"Because we are changing our business perspective, our technology needs are also changing," said Nadeem Hussain, Assistant Vice President, Technical Services and Engineering for RioCan. "Uptime and availability to business operations are very critical for us, but we also need more processing power for business analytics - all while increasing our ROI. HPE was able to analyze our needs and brought a composable infrastructure architectural approach to the table in response to our RFP."
HPE Composable Infrastructure treats physical compute, storage and network devices as pools of resources or services using a powerful software-defined solution. These services are provisioned with what's required for applications or workloads to achieve optimal performance, and re-appropriated and allocated when another workload requires them. Having this kind of agility allows businesses to optimize their IT resources in a way that's completely programmable.