NetApp And AWS Deliver A Nine Times Performance Increase For Amazon FSx For NetApp ONTAP
Portfolio Pulse from Benzinga Newsdesk
NetApp (NASDAQ:NTAP) announced a significant performance enhancement for Amazon FSx for NetApp ONTAP at re:Invent, offering up to nine times higher storage performance. This enables customers to efficiently run high-performance applications on AWS. The scale-out file systems support a range of workloads, including HPC, EDA, VFX, and machine learning. The new capabilities provide up to 36GB/s throughput and 1.2 million SSD IOPS, with improved scalability and management features. These enhancements are now available in select AWS regions.
November 28, 2023 | 9:15 pm
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POSITIVE IMPACT
The collaboration with NetApp to enhance Amazon FSx for NetApp ONTAP underscores AWS's commitment to providing high-performance cloud services, which may strengthen its competitive position and attract more high-performance computing customers.
AWS's enhanced service offering through collaboration with NetApp is likely to appeal to customers with demanding workloads, potentially increasing AWS's revenue and positively affecting Amazon's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
NetApp's announcement of enhanced performance for Amazon FSx for NetApp ONTAP could attract more customers seeking high-performance cloud solutions, potentially boosting NetApp's revenue and market position.
The performance improvements directly relate to NetApp's product offerings and could lead to increased adoption and sales, positively impacting the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90