Network Appliance Inc. (Nasdaq: NTAP), late Tuesday announced its third-quarter net income tripled from a year earlier and attributed the growth to its FAS 900 unified storage and NearStore backup products (see NetApp Posts Higher Q3 Profit and NetApp Has 100 NearStore Users).
For the quarter ended Jan. 24, NetApp reported net income of $19.7 million, or six cents a share, compared with $7 million, or two cents a share, a year earlier. Revenue jumped 15 percent to $228.5 million from $198.3 million.
Our accelerating growth rate demonstrates the success we've achieved in expanding our customer base, strengthening our partnerships, and the strong market reception of our unified storage and NearStore families," said Dan Warmenhoven, CEO of Network Appliance, on a conference call Tuesday evening (see HDS OEMs NetApp: Big Deal?).
Almost 50 percent of filer revenue in the quarter came from the FAS 900 unified SAN/NAS system which continued its outstanding acceptance in the industry, said Warmenhoven. Its the fastest takeup of any product in our history."
The FAS 900 is a storage array that supports both SAN-attached and network-attached storage in a single system (see NetApp Does the Storage Two-Step).
Bob Friday, Chief AI Officer for Juniper Networks, explains how the advanced technology is transforming operations.
Contact center leaders from 8x8, Awaken Intelligence, and 360insight discuss the importance of agent experience.
AI may force enterprises to rewire parts of their data centers so they are fully optimized to run such workloads. The question is do you use Ethernet or InfiniBand?
