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Understanding NetApp’s Key Drivers in 2017

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NetApp’s strategic solutions

Tech firm NetApp (NTAP) (QQQ) has aligned its strategic solutions to meet the IT (information technology) demands of its enterprise users. In fiscal 3Q17, NetApp’s Strategic Solutions business accounted for 65.3% of its net product revenues, and its revenues rose 13% QoQ (quarter-over-quarter) to $512 million. NetApp’s Strategic Solutions segment revenues rose 17.3% YoY in fiscal 3Q16 and 22.2% YoY (year-over-year) in fiscal 3Q17.

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SolidFire

SolidFire has created several growth avenues for NetApp. NetApp is addressing key customer data needs and requirements by developing hyper-converged infrastructure and leveraging SolidFire innovations. SolidFire also helps enterprises reduce costs, as it consolidates critical applications within a single storage system.

NetApp’s strategic solutions

NetApp (NTAP) has aligned its strategic solutions to meet the IT demands of its enterprise users. In fiscal 3Q17, NetApp’s Strategic Solutions business accounted for 65.3% of its net product revenues, and its revenues rose 13% QoQ to $512 million.

NetApp’s Strategic Solutions segment revenues rose 17.3% YoY in fiscal 3Q16 and 22.2% YoY in fiscal 3Q17.

Continue to the next part for a look at Western Digital’s prospects.

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