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NetApp, Inc. (NTAP) is an American company at the forefront of hybrid cloud data services and data management solutions. Headquartered in Sunnyvale, California, NetApp provides a robust portfolio of cloud data services, enabling the seamless management of applications and data both online and on-premises. The company's core businesses encompass two primary segments: Hybrid Cloud and Public Cloud.
The Hybrid Cloud segment is NetApp's flagship, generating the majority of the company's revenue. This segment offers an extensive range of storage management and infrastructure solutions that empower organizations to modernize their traditional data centers by integrating cloud capabilities. Key offerings in this segment include software, hardware, and related support services designed to facilitate hybrid and multi-cloud operations.
NetApp also operates in the Public Cloud space, providing data services that optimize the use of public cloud environments. Their solutions are designed to ensure seamless data management, protection, and compliance across different cloud platforms.
NetApp Astra is another significant offering, providing application-aware data management services. This service is particularly valuable for organizations seeking to streamline their operations and enhance data lifecycle management. NetApp also offers professional and support services, including strategic consulting, design, implementation, and migration services, to help clients maximize the value of their IT investments.
Recent achievements for NetApp include strategic partnerships with leading public cloud providers, ongoing enhancements to their product portfolio, and a strong financial performance driven by the growing demand for hybrid cloud solutions. The company's commitment to innovation and customer-centric solutions positions it as a key player in the data management and storage industry.
For the latest updates and news about NetApp, visit the company’s official page or follow their news releases.
NetApp has unveiled an advanced generative AI data vision and end-to-end integrated solutions, combining NVIDIA AI software and accelerated computing with NetApp intelligent data infrastructure for enterprise retrieval augmented generation (RAG). This integration aims to power agentic AI applications and bring new capabilities to NetApp's ONTAP unified storage operating system.
The solution leverages NetApp's global metadata namespace to unify data stores across clouds and on-premises infrastructure, enabling enterprises to utilize their entire data estate for RAG capabilities. It combines NetApp AIPod architecture, ONTAP, and BlueXP control plane with NVIDIA NeMo Retriever and NIM microservices from the NVIDIA AI Enterprise software platform.
This integration will allow NetApp customers to easily discover, search, and curate data while maintaining policy-based governance. The processed and vectorized dataset can then be used for enterprise GenAI deployments with appropriate access controls and privacy guardrails.
NetApp has unveiled its new all-flash NetApp ASA A-Series storage systems, optimized for block storage and designed to modernize enterprise storage. These systems offer three key benefits:
1. Simplicity: Easy deployment, management, and upgrades with AIOps and VMware integration.
2. Power: High performance for VMware and database apps, with advanced features like scale-out clustering and ransomware protection.
3. Affordability: 25-50% lower upfront price and better ROI over time.
NetApp has also enhanced its Data Infrastructure Insights service and introduced updates to its portfolio, including new FAS systems, Cloud Volumes ONTAP updates, enhancements to native cloud services, and new features for BlueXP. The ASA A-Series will begin shipping by the end of October 2024.
NetApp (NASDAQ: NTAP) has announced enhancements to its cyber resiliency offerings, strengthening its position as the most secure storage provider. Key updates include:
1. General availability of NetApp ONTAP Autonomous Ransomware Protection with AI (ARP/AI), offering 99% accuracy in detecting ransomware threats.
2. Updates to the BlueXP ransomware protection service, including integration with Splunk SIEM and AI-driven data classification capabilities.
3. New User and Entity Behavior Analytics (UEBA) integrations to identify malicious activity based on user behavior.
These advancements aim to provide proactive data security, optimized protection, and faster recovery from attacks. SE Labs has awarded ARP/AI a AAA rating for its strong ability to detect ransomware with 99% accuracy and no false positives.
NetApp (NASDAQ: NTAP) announced new developments in its collaboration with industry leaders to accelerate AI innovation. The company is unveiling innovations in intelligent data infrastructure, including:
- NVIDIA DGX SuperPOD Storage Certification for NetApp ONTAP
- Creation of a global metadata namespace for data management across hybrid multi-cloud environments
- Directly integrated AI data pipeline for unstructured data preparation
- Disaggregated storage architecture for high-scale AI workloads
- New capabilities for native cloud services to drive AI innovation in the cloud
NetApp also announced partnerships with Domino Data Labs and Lenovo, as well as new features for its FlexPod AI solution. These developments aim to help organizations leverage the full potential of GenAI and overcome barriers to implementation.
NetApp (NASDAQ: NTAP) has announced the expansion of its decade-long relationship with Amazon Web Services (AWS) through a new Strategic Collaboration Agreement (SCA). This agreement aims to accelerate generative AI efforts, simplify transactions, and deliver CloudOps value to joint customers. Key highlights include:
1. Accelerating Generative AI: NetApp released BlueXP workload factory to connect ONTAP with foundation models through Amazon Bedrock.
2. Simplifying Transactions: Increased AWS Marketplace purchases, especially for NetApp CloudOps solutions.
3. Delivering CloudOps Value: Positioning NetApp as a trusted provider of CloudOps solutions for AWS environments.
The collaboration builds on NetApp's existing achievements, including over a dozen AWS competencies and the unique Amazon FSx for NetApp ONTAP service.
NetApp has become the preferred data infrastructure provider for Aruba, a leading European web hosting and domain registration company. This strategic partnership aims to leverage each company's strengths to offer enhanced solutions labeled 'Powered by NetApp'. Aruba, Italy's top provider of cloud and data center services, has been a NetApp customer for over a decade and is now formalizing this relationship.
The collaboration will focus on developing optimized data center solutions, combining Aruba's expertise in hosting services with NetApp's intelligent data infrastructure. This partnership is expected to drive innovation and expand both companies' reach across Europe. Aruba will showcase its NetApp-powered solutions at NetApp INSIGHT 2024, highlighting the benefits of enhanced data security, management, and visibility for its customers.
NetApp (NASDAQ: NTAP) announces its 2024 INSIGHT™ customer conference in Las Vegas, Nevada from September 23-25, 2024. The event features two key sessions on September 23:
1. A technology session for financial analysts from 9:30 AM to 1:00 PM PT, including CEO George Kurian and tech specialists discussing NetApp's differentiation in enterprise storage, AI, Cloud, and Hybrid Cloud. A customer panel will be moderated by Kris Newton, VP of investor relations.
2. A keynote session from 4:00 PM to 5:30 PM PT, featuring tech luminaries, industry leaders, and entertainment icons.
Both events will be live-streamed at http://investors.netapp.com, with replays available approximately 24 hours after each event.
NetApp (NASDAQ: NTAP) announced that Anaplan, a leading business planning platform, has chosen NetApp as its primary storage vendor. Anaplan is adopting NetApp's unified data storage to refresh systems in four global data centers, consolidating storage for public and private cloud deployments. This move simplifies Anaplan's data operations and enables innovation for AI-focused solutions.
Anaplan will use NetApp AFF C-Series storage systems for capacity and NetApp FAS storage arrays for cost-effective secondary data workloads. The company will also utilize native cloud storage services built on NetApp ONTAP, allowing easy management of data across hybrid multicloud environments. NetApp MetroCluster configurations will ensure high availability and data protection through snapshot copies for backups and disaster recovery.
NetApp (NASDAQ: NTAP) has appointed Gus Shahin as the new Executive Vice President of Business Technology and Operations. Reporting to CEO George Kurian, Shahin will lead critical business operations across four key pillars: Information Technology, Operations, Global Security, and Enterprise Process Excellence. With over 25 years of enterprise experience, Shahin joins NetApp from Flex, where he held various leadership roles, including CIO and President of Business Process for Global Business Services.
Shahin's appointment aims to accelerate NetApp's growth and foster cross-functional execution. His focus will be on scaling digital transformation efforts, reimagining processes, and enhancing operations to realize the company's growth potential. Shahin brings expertise in driving corporate IT strategy, leading digital transformation initiatives, and enhancing global business operations.
NetApp (NASDAQ: NTAP), the intelligent data infrastructure company, has announced its participation in two upcoming technology conferences. CEO George Kurian will be presenting at Citi's Global TMT Conference on September 4, 2024, from 2:10 to 2:50 p.m. Eastern Time. Additionally, EVP and CFO Mike Berry will be presenting at the Goldman Sachs Communacopia & Technology Conference on September 9, 2024, from 3:45 to 4:20 p.m. Pacific Time.
Both presentations will be available as live audio webcasts on the NetApp investor relations website (investors.netapp.com). Archives of the webcasts will also be accessible after the conferences conclude. This participation in high-profile technology events underscores NetApp's commitment to engaging with investors and industry leaders.
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