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Unlocking the value of an intelligent data infrastructure

Strategic shift sharpens focus on the NetApp portfolio to accelerate innovation and growth

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Haiyan Song
Haiyan Song
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In an era where data is the lifeblood of innovation and competitive advantage, companies need to be hyper-focused on execution and core competencies to drive sustained success. At NetApp, our commitment is to empower our customers to overcome their most pressing data challenges and achieve business outcomes. Today, I am excited to share a significant milestone in our journey: we have entered into a definitive agreement to sell our Spot portfolio of solutions to Flexera, a global leader in technology spend and risk management.

This strategic move is part of our efforts to optimize our business portfolio and enhance the value we deliver to our customers. After thorough evaluation, it became evident that the Spot portfolio of our CloudOps business would be able to leverage Flexera’s strength and thrive more effectively within Flexera’s ecosystem. This decision aligns with our commitment to focus on our core competencies and pursue growth opportunities that best position us to meet the evolving needs of our customers and drive their success.

Strategic timing and alignment to drive growth

The timing of this move is crucial. The demand for cloud cost optimization solutions is growing exponentially. Flexera’s robust ecosystem and expertise provide the ideal environment for the Spot business to flourish. By integrating Spot’s AI- and ML-enabled technology into Flexera’s FinOps portfolio, the solution can better address the market’s rising demand for cloud cost management.

For NetApp, this move will enable us to further our focus on core business areas, aligning the mission of intelligent operations services (also known as CloudOPs) to our primary focus on intelligent data infrastructure. This alignment means continuing to develop advanced solutions to help customers manage, optimize, and secure their data across hybrid and multi-cloud environments, enhancing the value delivered to our customers and driving sustained growth. By leveraging our expertise in AI and automation, we provide the tools and insights necessary for our customers and partners to thrive in a data-driven world.

Supporting our customers and partners

Our customers and partners are at the heart of everything we do. We are committed to ensuring they continue to receive exceptional service and support. Together with the Flexera team, we will work with our customers and partners to keep them informed throughout the acquisition process to ensure a smooth transition.

Supporting our employees

Our employees are our greatest asset and supporting them throughout this transition is a priority. Many employees currently working on the Spot portfolio are anticipated to join Flexera, where they will play a pivotal role in continued innovation and expansion of the FinOps portfolio. We are dedicated to facilitating a smooth transition for all affected employees, providing comprehensive support, transparent communication, and transition assistance.

Reaffirming NetApp’s vision and strategy

While this move brings a change to our portfolio, it also reaffirms our core mission and strategic vision. NetApp remains deeply invested in the cloud market and continues to be a pillar of intelligent data infrastructure. Our strategy is to align our CloudOps portfolio with our core storage offerings and focus on delivering the value of intelligent operations services to our customers.

As we navigate this transition, we are excited about the opportunities it opens for both NetApp, the Spot portfolio of solutions, and Flexera. We believe this move will benefit our investors, customers, partners, and employees, positioning us for greater success in the future.

Thank you for your continued trust and support. Together, we will navigate this transition and emerge stronger, more focused, and better equipped to achieve our ambitious growth objectives.

Learn more about intelligent data infrastructure. Explore more about the NetApp CloudOps portfolio.

Haiyan Song

Haiyan Song is EVP, Intelligent Operations Services at NetApp. Haiyan is an experienced cloud, security, engineering, and database-management leader, with a track record of successfully integrating acquisitions and scaling them by connecting with and leveraging larger company ecosystem capabilities to accelerate success. Haiyan has held several leadership roles throughout her career, including Splunk, HPE and Arcsight, all of which represent richly diverse technical experience. While her achievements are vast, one of the most notable during her time at Splunk includes her leadership in building and scaling a transformative business area that resulted in an increase in revenue of more than 15x over a seven-year period. Not only does she have a wide breadth of technical skills, but she has also worked in management roles within smaller companies, large-scale enterprises, and acquired businesses, and is experienced in change-readiness and organizational transformation.

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