10 AI News and Ratings You Should Take a Look At

2. NetApp, Inc. (NASDAQ:NTAP)

Number of Hedge Fund Holders: 38

NetApp, Inc. (NASDAQ:NTAP) provides enterprise software, storage solutions, and cloud services across multiple industries worldwide.

On February 11, NetApp introduced the ASA A20, A30, and A50 storage systems to improve block storage for businesses of all sizes, starting at $25K. These systems offer easy deployment, scalable performance, and built-in security, including a ransomware recovery guarantee. NetApp is also expanding its cyber resiliency with AI-driven ransomware protection for SAN environments and a recovery assistance program.

Additionally, the new ASA systems will be available in FlexPod converged infrastructure to simplify data center operations. Experts see these solutions as a cost-effective way for businesses to modernize storage amid IT skill shortages. The company’s SVP and GM of Enterprise Storage, Sandeep Singh commented:

“In less than a year, NetApp has refreshed our entire unified, block-optimized, and object portfolio and highlighted our commitment to relentless innovation… With the industry’s most comprehensive storage lineup with built-in cyber resiliency, we offer systems that are faster, simpler, more scalable, and more affordable than the competition—tailored to any workload or budget. NetApp enables customers to rise to the challenges and opportunities of modern data management with an intelligent data infrastructure that optimizes operations, reduces risks, and accelerates AI transformation.”