Posts tagged “NetApp”

Updated August 18, 2015

Premium Lock Inside NetApp: Earnings report to reveal continuing challenges for new CEO

Analysis: Storage technology firm NetApp releases its latest earnings this week, and the news is expected to reveal continuing challenges for a new CEO of the company, which maintains a large presence in RTP. Stephen Belanger, an analyst at Technology Business Research, offers his insight.

NetApp's RTP campus  NetApp's RTP campus

August 14, 2015

Premium Lock Pfizer-GSK rumors; Apple ups hiring of women, minorities; Dell's new Chromebooks; Pure Storage IPO; Tesla raising $500M

Bulldog In today's wrapup of technology and life science news: Rumors heat up that Pfizer wants GSK; Apple reports big increase in hiring of women and minorities; Dell's new Chromebooks; EMC, NetApp rival Pure Storage eyes IPO; and Tesla aims to raise $500 million.

Updated June 24, 2015

Premium Lock 'Out of box' solutions: Red Hat, NetApp. Cisco partner to drive OpenStack

OpenStack Red Hat is making a great deal of news at its annual Summit this week in Boston, such as going mobile, its partnership with Samsung, and the naming of a new CFO. Not to be overlooked is the partnership between Red Hat, Cisco and NetApp - all with deep roots in the Triangle - to drive more "cloud" and application solutions based on OpenStack. Here's a Hatter's view.

Updated June 2, 2015

Premium Lock More turmoil at NetApp: Chair and CEO Tom Georgens is out

Still reeling from a disappointing quarterly earnings report and the layoffs of 500 workers (many of those cuts coming in RTP), storage tech firm NetApp now has to look for a new CEO In a terse announcement Monday, NetApp disclosed that chair and CEO Tom Georgens is out. Is the leadership change enough to right the company? One anlyst says no.

Thomas Georgens Thomas Georgens

May 22, 2015

Premium Lock So what next for NetApp? 'Flash,' for revenues, layoffs to cut costs

Analysis: Another weak quarter financially led NetApp to announce 500 layoffs this week with many of those taking place at its campus in RTP. The storage technology device firm is facing increasing competition and is relying on "flash" offerings to rebuild revenue even as it cuts costs. Technology Business Research analyst Stephen Belanger offers his insight into what the company will do next.

NetApp's main building in RTP NetApp's main building in RTP

Updated May 21, 2015

Premium Lock NetApp cutting 500 jobs after disappointing earnings report

Inside NetApp's new RTP lab In an SEC filing Wednesday evening, data storage technology firm NetApp disclosed that it is laying off some 500 employees in a cost-cutting move. Many of those cuts are coming from NetApp's Triangle work force, sources say. NetApp won't spell out the number of local cuts but insists the firm remains "deeply committed" to North Carolina.

Updated May 19, 2015

Premium Lock Sources: NetApp cutting 15 percent of its work force at RTP campus

NetApp, its stock price under pressure and with competition "disrupting" its data storage business, is cutting some 15 percent or 200 positions of its work force at the company's big campus in Research Triangle Park, sources say. NetApp says it can't comment.

NetApp's 155,000 square foot lab in RTP NetApp's 155,000 square foot lab in RTP

Updated February 12, 2015

Premium Lock Inside NetApp: Declining revenues means more reliance on VMware

NetApp Analysis: As revenue declines, NetApp turns to VMware to tap into the growing hyperconverged market, writes Stephen Belanger of Technology Business Research.

Tags: NetApp
January 8, 2015

Premium Lock Data center forecast: Look for more hardware consolidation

In the first of three special reports, analysts at Technology Business Research offer a detailed analysis of what is likely to happen across the data center industry. Transformation will reach "unprecedented levels" in a market were Red Hat, Cisco, NetApp, IBM, Lenovo, Oracle and many others are major players. And each of the mentioned firms has a major presence in the Triangle. WTW Insiders can read the details.

Inside NetApp's new RTP lab Inside NetApp's new RTP lab

November 24, 2014

Premium Lock NetApp doubling down on cloud, analytics, convergence

Analysis: NetApp has repositioned its portfolio to take advantage of opportunity by emphasizing its cloud, analytics and converged capabilities. Research Analyst Stephen Belanger takes an in-depth look at the storage technology firm, which has a major presence in RTP.

'UnboundCloud' is part of NetApp's cloud strategy 'UnboundCloud' is part of NetApp's cloud strategy

November 12, 2014

Premium Lock Split decision for NetApp: Earnings beat Street but forecast doesn't

NetApp Storage technology firm NetApp, which operates a large campus in RTP, beats Street expectations of earnings but misses just a bit on revenue. However, its forecast is not what analysts expected.

Tags: NetApp
August 14, 2014

Premium Lock Inside NetApp: Aggressive 'cloud,' big data efforts not enough to stem off revenue drop

Analysis: NetApp, which operates a larger corporate campus in Research Triangle Park and is committed to expanding it, reports a drop in revenue for its most recent quarter. The storage technology firm is battling industry moves to "cloud" computing and hardware commoditization, writes Stephen Belanger of Technology Business Research.

NetApp's 155,000 square foot lab in RTP NetApp's 155,000 square foot lab in RTP

Updated June 10, 2014

Premium Lock Looking for work? 'Bullish' hiring in Raleigh-Cary, Manpower says

Jobs        Job seekers in the Raleigh-Cary metro area can expect better hunting in the third quarter of this year, says a new survey of employers from talent management firm Manpower. Across the state, hiring is forecast as "strong."

June 3, 2014

Premium Lock IT groups boycott IBM; McConnell joins Keona board; Siemens slashing jobs; NC bank picks SAS; NetApp raising $500M; DataChambers picks contractor

Bulldog Bulldog tech and life science roundup: Tech groups boycott IBM, Manpower, Infosys over foreign job recruiting; McConnell joins Keona board; Siemens cutting 3,800 jobs; Bank of North Carolina picks SAS; NetApp raising $500 million; Raleigh contractor to build NC Research Campus data center.

Updated May 30, 2014

Premium Lock NetApp dedicates huge R&D engineering lab in RTP

NetApp formally opens a new 155,000-square foot research and development lab focused on cloud computing technology and development at its growing campus in Research Triangle Park on Friday morning. Despite two recent rounds of layoffs across the company, NetApp continues to grow in N.C.

NetApp's RTP campus  NetApp's RTP campus

May 22, 2014

Premium Lock Inside NetApp earnings: Cost cuts challenge differentiation in 'cloud' market

Analysis: In its latest earnings report, NetApp reported less than expected revenue but higher earnings. However, revenue projections were below Street consensus. Kris Macomber of Technology Business Research analyzes what's up with NetApp, which has a huge campus in RTP.

'UnboundCloud' is part of NetApp's cloud strategy 'UnboundCloud' is part of NetApp's cloud strategy

Updated April 8, 2014

Premium Lock NetApp's CEO replaces chairman in shakeup; shares drop 3.3%

Dan Warmenhoven, the chairman of the board at NetApp, is being replaced "effectively immediately" by the company's CEO, the storage device technology firm says. Warmenhoven, a former CEO of the firm, will leave the board in September. Also, the company promotes an executive to president with a $25,000 raise.

NetApp's Dan Warmenhoven  NetApp's Dan Warmenhoven

April 8, 2014

Premium Lock With long-time leader Warmenhoven out, what next for NetApp?

The sudden replacement of Dan Warmenhoven as chairman at NetApp and his retirement from the storage technology firm's board likely means more change is coming. As the company, which has a big presence in RTP, struggles to deal with the era of "cloud computing," CEO and now Chairman Tom Goergens has even more control over its future.

NetApp's RTP campus  NetApp's RTP campus

Updated February 13, 2014

Premium Lock NetApp's profit rises 21% in fiscal Q3 even as revenue slips

NetApp Storage technology company NetApp reported fiscal third quarter results showing 21 percent increase in profits despite a slight revenue decline.

February 13, 2014

Premium Lock Inside NetApp: Finding ways to battle increasing 'cloud' competition

Analysis: NetApp, which operates a huge campus in Research Triangle Park, continues to drive profitability despite ongoing hardware commodization and aggressive competitor pricing. How? Analysis firm Technology Business Research offers its take.

'UnboundCloud' is part of NetApp's cloud strategy 'UnboundCloud' is part of NetApp's cloud strategy

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