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4-Traders Homepage  >  Equities  >  Nasdaq  >  NetApp Inc.    NTAP

Delayed Quote. Delayed  - 09/26 10:00:00 pm
35.18 USD   -1.35%
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NetApp : Mercy Technology Services Named Winner of 2016 NetApp Innovation Award

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09/27/2016 | 01:48am CEST

LAS VEGAS, NV--(Marketwired - Sep 26, 2016) - NETAPP INSIGHT CONFERENCE -- NetApp (NASDAQ: NTAP) today announced that Mercy Technology Services (MTS) is the winner of the 2016 NetApp Innovation Award. This year's award recognizes customer achievement in in using NetApp technologies to maximize the value of data and move quickly to capture new revenue opportunities with game-changing products and services.

NetApp CEO George Kurian announced MTS as this year's innovation winner from the main stage at NetApp Insight®, the company's annual technical conference for storage and data management professionals. Initially selected as one of four finalists from numerous companies worldwide, MTS received the highest number of public votes for demonstrating innovation. Customers 1&1, FICO and Shanghai FESCO Cloud were also honored as 2016 Innovation Award finalists.

"We are honored to be recognized by NetApp with this Award," says Gil Hoffman, Sr. Vice President and Chief Information Officer at Mercy. "NetApp All Flash FAS has transformed the way we do business, enabling us to provide better care to more patients, provide more clinicians access to best-in-class EMR technology and establish a self-supporting revenue stream. We look forward to our continued success with NetApp."

"Mercy Technology Services (MTS) showcases how IT transformation, built on top of NetApp's innovative technology, is helping this leading edge organization capitalize on the value of data to enhance quality of patient care," said George Kurian, CEO at NetApp. "As the information technology backbone of Mercy, MTS has developed a reputation as an industry leader in health care technology. We congratulate MTS and all of the finalists on how they are embracing innovation to drive results. Our customers inspire us every day, and the entire NetApp team, together with our partners, are dedicated to helping them be successful."

Mercy Technology Services
For Mercy Technology Services (MTS), the IT services arm of one of the largest Catholic health systems in the U.S., staying on the cutting edge of healthcare means turning exponential data growth from a burden into an opportunity for innovation. MTS has nearly a decade of first-hand Epic Electronic Health Records (EHR) experience and supports nearly 65,000 healthcare technology users across seven states.

Working with NetApp and WWT, MTS created a game-changing solution, extending EHR and data analytics services to other hospitals in order to create systemic health care change, especially in rural areas with the greatest need. As a result, MTS will continue to strengthen its reputation and proven track record for navigating data, supporting providers, delivering next generation capabilities and realizing the value from their IT investments. 

Through the use of NetApp's technologies, MTS has built an infrastructure that is agile and automated such that they can easily integrate new customers with world-class Epic services and support. Clinicians and leaders have ongoing access to Data Dashboards which helps eliminate waste and reduce costs while enhancing the quality of care for patients. With NetApp All Flash FAS, MTS can continue the pioneering work of its founders and set new standards for patient care. Flash technologies now fuel rich analytics for by-the-minute treatment decisions and preventive care.

Additional Resources

  • Learn more about MTS in this video.
  • Learn more about NetApp All Flash FAS.

About NetApp
Leading organizations worldwide count on NetApp for software, systems and services to manage and store data. We help customers capitalize on the value of their data in the hybrid cloud through our Data Fabric strategy, data management expertise, portfolio and ecosystem. To learn more, visit www.netapp.com.

© 2016 NetApp, Inc. All Rights Reserved. NETAPP and the NETAPP logo are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.

© Marketwired 2016
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Financials ($)
Sales 2017 5 392 M
EBIT 2017 797 M
Net income 2017 409 M
Finance 2017 2 481 M
Yield 2017 2,14%
P/E ratio 2017 23,61
P/E ratio 2018 18,77
EV / Sales 2017 1,38x
EV / Sales 2018 1,39x
Capitalization 9 937 M
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NetApp Inc. Technical Analysis Chart | NTAP | US64110D1046 | 4-Traders
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Mean consensus HOLD
Number of Analysts 34
Average target price 30,4 $
Spread / Average Target -15%
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George Kurian President, Chief Executive Officer & Director
Thomas Michael Nevens Chairman
Bill Berg Senior Vice President-Operations
Ronald J. Pasek Chief Financial Officer & Executive Vice President
Mark F. Bregman Chief Technology Officer
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