Hewlett Packard Enterprise will enter the fast-growing but crowded market for hyperconverged systems with a new product that it plans to unveil this month.

CEO Meg Whitman spilled the beans on the product during HPE’s quarterly earnings call Thursday. She took aim at Nutanix, one of the startups that pioneered the category.

“Later this month, we’ll announce a new, market-changing hyperconverged offering based on our Proliant virtualization server,” Whitman said. “Our new solution will offer customers installation in minutes, a consumer-inspired, simple, mobile-ready user experience, and automated IT operations — all at 20 percent lower cost than Nutanix.”

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HPE will take on Nutanix and Cisco with hyperconverged system