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

Delayed Quote. Delayed  - 08/25 10:00:00 pm
35.04 USD   +0.63%
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NetApp Inc. : NetApp Contribution Brings Data ONTAP 8 Clustering Drivers to OpenStack

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10/15/2012 | 02:49pm CEST

Contributions Drive Open Source Cloud Adoption Through Scalability, Efficiency, and Risk Reduction, Enabling an Agile Data Infrastructure

SUNNYVALE, Calif., Oct. 15, 2012 - NetApp (NASDAQ: NTAP) today announced the contribution of Data ONTAP® 8 Clustering Drivers to OpenStack® Block Storage, giving developers, service providers, and enterprises improved resources to build private and public clouds on OpenStack. Organizations can now scale while preserving performance and nondisruptive operations. They can use a unique combination of automated provisioning and data protection as well as advanced storage efficiency to optimize their clouds.

NetApp will present these capabilities at the OpenStack Summit, October 15-18, at NetApp booth E6. The company will also showcase proposed enhancements that provide NAS support as well as cloning for efficient provisioning of boot volumes.

OpenStack Folsom, the latest version of the open source cloud operating system, automates the creation of pools of compute, storage, and networking resources. The addition of drivers for Data ONTAP 8 Clustering enables organizations to automate management of NetApp® storage pools, or clusters, to scale the cloud infrastructure while maintaining performance and nondisruptive operations. Users also have access to storage efficiency capabilities such as deduplication and efficient Snapshot™ copies and data protection features such as self-healing storage and integrated backup and disaster recovery.

Together these capabilities allow users to build OpenStack-based clouds that conserve storage and administrative resources, virtually eliminate downtime, and deliver performance while scaling the infrastructure. Proven, integrated data protection features also significantly reduce risk for OpenStack cloud deployments.

"As a charter member of the foundation and an active contributor, NetApp is committed to the OpenStack community," said Jeffrey O'Neal, senior director, Solutions Incubation, NetApp. "Our goal is to help organizations of all sizes use cloud-proven data management with their OpenStack cloud. NetApp will continue to provide resources to expand the capabilities of public and private clouds built on OpenStack, driving efficiency and reducing risk."

NetApp has been a contributing member of the OpenStack community since 2011. The company has a commitment to cloud standards and giving developers and users access to cloud-proven storage and data management. Earlier this year, NetApp became the first major storage company to include support for the Cloud Data Management Interface (CDMI), an open standard that specifies a protocol for self-provisioning, administering, and accessing cloud storage. The CDMI standard is implemented for OpenStack object storage through available add-on packages.

"OpenStack is becoming the open source standard for cloud computing environments," said Jonathan Bryce, executive director, OpenStack Foundation. "As a charter member and contributor, NetApp is working to make open source solutions more accessible and available to enterprise organizations. OpenStack's pluggable architecture and the backing of companies like NetApp enable OpenStack users to choose the best technologies to fit their business needs."

Key Highlights
Today's contributions enable organizations using OpenStack with NetApp to:

  • Scale while maintaining performance
  • Gain nondisruptive operations
  • Redeploy resources on the fly to optimize environment as needed
  • Enable advanced, automated storage provisioning
  • Reduce disk, space, and power needs with leading storage efficiency
  • Reduce risk with automated and integrated backup and disaster recovery

Additional Resources

About NetApp
NetApp creates innovative storage and data management solutions that deliver outstanding cost efficiency and accelerate business breakthroughs. Our commitment to living our core values and consistently being recognized as a great place to work around the world are fundamental to our long-term growth and success, as well as the success of our pathway partners and customers. Discover our passion for helping companies around the world go further, faster at www.netapp.com.

Press Contact:
Alex Goldsmith
NetApp PR
(408) 822-7291
xdl-uspr@netapp.com

NetApp, the NetApp logo, Go further, faster, Data ONTAP, and Snapshot are trademarks or registered trademarks of NetApp, Inc. in the United States and/or other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.


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Sales 2017 5 389 M
EBIT 2017 794 M
Net income 2017 402 M
Finance 2017 2 481 M
Yield 2017 2,18%
P/E ratio 2017 23,53
P/E ratio 2018 19,05
EV / Sales 2017 1,35x
EV / Sales 2018 1,36x
Capitalization 9 750 M
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George Kurian President, Chief Executive Officer & Director
Thomas Michael Nevens Chairman
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Mark F. Bregman Chief Technology Officer
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