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Home > Cloud Computing > NetApp acquires Spot

NetApp acquires Spot

NetApp announced it has entered into a definitive agreement to acquire Spot, a leader in compute management and cost optimization on the public clouds.

Erdem Yasar by Erdem Yasar
June 5, 2020
in Cloud Computing
1 min read
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Cloud data services provider NetApp announced it has entered into a definitive agreement to acquire Spot. NetApp also announced that with this acquisition, it will establish leadership in Application Driven Infrastructure. Application Driven Infrastructure translates the application’s workload patterns and drives the best possible level of performance and cost for storage and compute.

Save up to 90% cloud expenses

Anthony Lye, senior vice president and general manager, Public Cloud Services, NetApp
Anthony Lye, Senior Vice President and General Manager, Public Cloud Services, NetApp

NetApp also claims that with the acquisition, two companies 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. Anthony Lye, senior vice president and general manager, Public Cloud Services, NetApp said,

“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.

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.”

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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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