NetApp Completes Acquisition of Spot

NetApp Completes Acquisition of SpotNetApp recently announced that it has completed its acquisition of Spot, a leader in compute management and cost optimization in the public clouds. Spot by NetApp provides Application Driven Infrastructures (ADIs), cloud infrastructures that use analytics and machine learning to continuously adapt to the needs of applications, to help drive cloud resource optimization in real-time, for both compute and storage.

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NetApp is a storage, cloud computing, information technology, and data management solution provider. In addition to predominantly offering on-prem storage infrastructure, the vendor also specializes in hybrid cloud data services that facilitate the management of applications and data across cloud and on-prem environments. NetApp StorageGRID is an object storage platform whose primary access method is the Amazon S3 API. The tool offers hybrid cloud workflow, and adheres to SEC and FINRA regulations.

ADIs automatically deliver the availability, performance, and capacity that applications need at the lowest cost. This accelerated the deployment and evolution of applications. ADIs help application teams shorten development lifecycles and run more applications in their choice of cloud. Users can save a significant amount on compute and storage infrastructure expenses, which usually make up 70 percent of total cloud spending while maintaining SLAs and SLOs.

In a press statement, Anthony Lye, senior vice president and general manager of NetApp’s Public Cloud Services business unit said, “together, we are extending NetApp’s vision for helping customers unlock the best of cloud. With Spot by NetApp, we will enable customers to get more out of their cloud investment to gain competitive advantage and accelerate their business success.”

Amiram Shachar, CEO and co-founder of Spot also added, “cloud infrastructure gives application developers the ability to develop and deploy applications faster by providing resources almost instantly at any time. We are excited to join NetApp in pursuit of the shared vision to help application owners embrace and take advantage of the full power of the cloud.”

Learn more about NetApp.

Tess Hanna

Tess Hanna is an editor and writer at Solutions Review covering Backup and Disaster Recovery, Business Process Management, and Talent Management. She aims to simplify the research process for IT professionals. You can contact her at thanna@solutionsreview.com
Tess Hanna

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