NasdaqGS:NTAPTech
NetApp’s AI And Hybrid Cloud Gains Meet Recurring Revenue And Valuation Story
NetApp (NasdaqGS:NTAP) reports around 200 AI infrastructure and data lake modernization deals, underscoring traction in AI related workloads.
The company sees strong uptake of its hybrid cloud services, including storage-as-a-service offerings.
Public cloud and recurring revenues linked to these services are reported to be growing.
NetApp, known for its enterprise data storage and management solutions, is leaning into AI infrastructure and hybrid cloud as customers rework how they handle...