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NetApp and Google have signed a four-year deal to bring NetApp’s storage solutions into Google Distributed Cloud.
NetApp has signed a four-year deal to bring its storage solutions to Google Distributed Cloud.
KEY POINTS
- The Google partnership aims to enable AI and storage capabilities in restricted, sovereign cloud environments.
- NetApp's next-gen EF-Series storage delivers a 250% performance boost for AI and high-performance workloads.
- Deferred revenue and performance obligations both grew, improving NetApp's future visibility and backlog.
- Analysts now see pressure on NetApp's margins from rising memory prices despite strong cash and dividend yields.
COMPANIES
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