التكنولوجيا وأخبارها بوابة الإمارات لتكنولوجيا المعلومات والإتصالات
NetApp to Acquire Spo
Combined companies to establish leadership in Application Driven Infrastructure, optimizing both public cloud compute and storage costs with its leading platforms
NetApp® (NASDAQ: NTAP), the leader in cloud data
services, today announced it has entered into a definitive
agreement to acquire Spot, a leader in compute
management and cost optimization on the public clouds, to
establish leadership in Application Driven Infrastructure.
Digital transformation initiatives have accelerated and
remain the top business priority, especially in today’s
environment, and the public clouds offer the speed and
flexibility needed to navigate this new normal as companies
find to new ways to work, interact and do business.
However, unoptimized clouds can be costly and slow down
the business transformation. To address this challenge, an
Application Driven Infrastructure translates the
application’s workload patterns and drives the best possible
level of performance and cost for storage and compute, all
done while maintaining the contracted service-level
agreement (SLA) and service-level objective (SLO).
Together, NetApp and Spot’s Application Driven
Infrastructure for continuous optimization will help
customers save up to 90 percent of their compute and
storage cloud expenses, which typically make up 70
percent of total cloud spending, and will help accelerate
public cloud adoption.
“In today’s public clouds, speed is the new scale. However,
waste in the public clouds driven by idle resources and
overprovisioned resources is a significant and a growing
customer problem slowing down more public cloud
adoption,” said Anthony Lye, senior vice president and
general manager, Public Cloud Services, NetApp. “The
combination of NetApp’s leading shared storage platform
for block, file and object and Spot’s compute platform will
deliver a leading solution for the continuous optimization of
cost for all workloads, both cloud native and legacy.
Optimized customers are happy customers and happy
customers deploy more to the public clouds.”
Spot provides a combination of tools for visibility and
automation, that drive continuous optimization of
workloads in a single platform while maintaining both SLA
and SLO. This relieves DevOps, CloudOps, and FinOps teams
from the burden and complexity of managing, scaling,
tuning and optimizing cloud resources so that they can
focus on business innovation under acceptable budget controls.
“Spot was founded with a vision to revolutionize the way
companies consume cloud infrastructure services, using
analytics and automation to deliver the most reliable, best
performing and most cost-efficient infrastructure for every
workload on every cloud,” said Amiram Shachar, Founder
and CEO, Spot. “We look forward to joining the NetApp
family and building together the future of Application
Driven Infrastructure and helping customers to deploy
more workloads in the cloud.”
Together, NetApp and Spot will establish an Application
Driven Infrastructure to enable customers to deploy more
applications to public clouds faster with Spot’s “as-a-
service” platform for the continuous optimization of both
compute and storage for both traditional IT buyers with
enterprise applications, cloud-native workloads and data lakes.
The transaction is expected to close in the first half of
NetApp’s fiscal year and is subject to the satisfaction of
certain regulatory approvals and other customary closing
conditions.
Additional Resources
• Read more about Application Driven Infrastructure on the
NetApp blog.
• Spot CEO, Amiram Shachar, also shares his perspective on
the Spot blog.
• Follow NetApp on Twitter, Linkedin and Facebook.
