Hi Haters!!!
I've said it before and I'll say it again...people have consistently predicted the demise of NetApp yet here they are
While still well short of its fiscal 2015 revenue glory days, NetApp has said its all-flash array sales are on fire, and expects more of the same. Revenues of $1.42bn in its second fiscal 2018 quarter were 6 per cent up year-on-year and 6.7 per cent higher sequentially. This beat Wall Street's $1.38bn consensus. Profits (GAAP …
Same old same old on the product front even with the addition of go faster stripes and flash.
What Netapp do have though is a semi coherent cloud story, even if much of it is regurgitated Ontap and in many cases whitepapers full of Pixie dust. That messaging does however resonate and gets them a seat at the table, providing ample opportunity to shape both requirements and lay land mines for their competition.
They've been doing the same for years with other Ontap features, it's just everyone took their eye off the ball whilst their numbers were in the toilet.
Snarky, almost demeaning, comments about NetApp. But Dell/EMC' cratering numbers and Gartner's recommendation not to buy EMC until they figure out their strategy gets no mention?
This section of The Register has become completely useless and devolved into a constant Nutanix and Datrium lovefest.
Wait, this is snarky and almost demeaning?
"While still well short of its fiscal 2015 revenue glory days, NetApp has said its all-flash array sales are on fire, and expects more of the same."
"The firm's revenues have some way to go before regaining their fiscal 2015 levels but, at this rate, it should get there in fiscal 2019"
Toughen up princess.
lol, Netapp fanboys and employees have always been the Justin Beiber fans of the storage world. Attacking even the smallest criticism and reading everything as a slap while the general public just see it as a very fair and balanced comment.
EMC seem to have dropped off the face of the planet and Netapp seem happy to take on their role as evil-overlords-who-believe-they-are-the-anwser-to-everything.
I get it, Netapp actually have some good stuff but lay off the cool aid; you're becoming the radical fundamentalists of the storage word and it's not attractive to partners.
NetApp has confirmed it is closing down the standalone Advanced Technology Group (ATG) – an incubation unit that was part of the office of the CTO and once described as the "ideas factory".
ATG, which sources said was the closest thing NetApp had to an internal lab, has fallen foul of this week's expenses purge that will see 5 per cent of the 11,000-strong global workforce leave the organisation.
In a statement, NetApp said: "In our realignment of our resources at NetApp, we are changing our approach to advanced technology and our industry standards body participation. We're tightly aligning those functions to the business so that we can be more responsive to the rapidly changing demand of the market and customers.
NetApp boss George Kurian has confirmed a guidance-beating 5 per cent revenue jump for Q1 of its fiscal '21 – while also admitting to chopping the same percentage of staff in layoffs, as first revealed yesterday by The Register.
The CEO said cuts had been made in areas "not particularly aligned to our go-forward priorities" and confirmed staffers at scale-out, all-flash storage platform SolidFire were among those hit, noting a shift by the company to core enterprise usage.
"We are narrowing our focus with the SolidFire and HCI portfolio to the high-margin parts of the market," said Kurian.
Exclusive Perennial cloud-contender NetApp has pruned its workforce on the eve of its quarterly results.
“NetApp is realigning resources and investments to best capture these opportunities and position the company for long-term success,” the enterprise IT supplier told The Register in a statement.
“We continue to sharpen our focus on markets where we have both a significant presence and clear competitive advantage, specifically with our storage software and systems and cloud data services.”
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