NetApp needs to make more of the Spot portfolio, as businesses cut storage spending

NetApp needs to make more of the Spot portfolio, as businesses cut storage spending

Chris Evans All-Flash Storage, Cloud, Cloud Practice, Cloud Storage, Data Management, Data Practice: Data Management, Data Practice: Data Storage, Enterprise, NetApp, Opinion, Subscribers

NetApp recently reported less than optimal Q3 FY2023 financial results, with a decline in revenue from all-flash and public cloud product lines. As businesses reign in spending and look to optimise the use of public cloud resources, could the Spot portfolio provide an opportunity for NetApp to make up for lost revenue?
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