NetApp looks to the cloud for growth

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NetApp looks to the cloud for growth

Simon Quicke

Storage specialist NetApp is positioning itself as a source of strategic cloud support for both resellers and customers as it formulates partnerships with the likes of Microsoft and Cisco to enhance its virtualisation and data centre offerings.

The transition to the cloud was highlighted as one of the main areas of activity for the vendor in its Q1 results for the three months ended 29 July with the economy having an impact on the numbers preventing revenues, which came in at $1.4bn, from growing significantly from the same period last year and shaving several million off net income taking it down to $139.5m from $150.7m.

Tom Georgens, president and CEO of NetApp, said that the challenging economic environment had hit revenues but it had managed to gain enterprise customers over the course of the quarter and it was forecasting growth in the second half of its fiscal year.

The vendor has identified the cloud as one of the key areas for growth adding to its alliance technology partner programme and forming relationships with Microsoft, to join the Hyper-V cloud fast track programme, and Cisco with which it has formed a partnership around the datacentre FlexPod architecture.

The aim of those partnerships has been to help resellers "accelerate and simplify customers' transition to the cloud," stated the vendor in its results and it is also anticipating channel business in its traditional storage area as it helps users cope with their big data requirements.

At the same time as the Q1 numbers were released the vendor also revealed that Steve Gomo, executive vice president and chief financial officer, has made the decision to retire, effective December 31, 2011.

Gomo, who is 59, joined the vendor in 2002. Nicholas Noviello, senior vice president of finance and global controller, will take over as CFO on January 1, 2012.

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