HPE says it may change its contract terms depending on global hardware changes

• HPE CEO Antonio Neri reveals plans for “agile pricing stance” in response to memory shortage
• Customers are also encouraged to reconsider configurations.
• The company has a $5 billion server backlog right now.

HPE has changed its terms to now allow price increases after a quote has already been issued if component costs increase before shipping, in response to continued price volatility and global hardware shortages.

The move is largely driven by Rising prices for DRAM and NANDwhich typically represent around 50% of a traditional server’s bill of materials.