 On May 7, 2014, HP announced the HP Helion portfolio of products and services, and stated that the company plans to invest over $1 billion in cloud over the next two years.HP Helion includes HP's existing cloud products, new OpenStack technology-based services, and both professional and support services to assist businesses in building and managing hybrid IT environments.On October 21, 2015, HP announced that it would shut down the HP Cloud in January 2016.

Business organizations that want to use cloud computing have a choice of using a private cloud, which is a cloud infrastructure run specifically for a single organization that it built itself or by a third-party; or a public cloud, whereby a service provider makes available applications, storage, and other resources to the general public.