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    NTAP   US64110D1046

NETAPP, INC.

(NTAP)
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Real-time Estimate Cboe BZX  -  01:33 2022-09-29 pm EDT
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NetApp : Accelerating medical research with data science as a service

11/19/2021 | 04:43am EDT

Data science as a service (DSaaS) is a cloud-based delivery model. It makes data science infrastructure, data engineering, and data analytics available to data scientists so that they can process and analyze massive quantities of diverse data. These cloud-based service models are sometimes offered as industry-specific solutions, provided as a managed service offering in a private cloud, or provided in an on-premises, shared-services data science model.

Academic medical centers are unique in their ability to combine care delivery, education, and research to advance patient care. Data science research initiatives are often grant funded, and the grantee controls how the funding is allocated, including investments in the data science infrastructure. Although this is great for scientific independence and can expedite the project lifecycle, it isn't great for organizational efficiency, data security, or data governance.

DSaaS can reduce the amount of time your data scientists spend on building platforms and data pipelines, and it can accelerate data engineering tasks and keep IT leaders happy at the same time. An enterprise infrastructure optimized for AI workloads can speed AI model development from data preparation to prototype creation to training and inference.

Investing in an on-premises AI shared-services environment is one way of avoiding model debt and shadow IT. Another option is to test-drive AI development with a private, cloud-hosted platform. Academic medical research centers can partner with NetApp, the industry leader in data management, to fast-track data science by providing guidance and choice as you determine which DSaaS offering is best for your organization.

As the data authority on hybrid cloud, NetApp®delivers AI solutions that remove bottlenecks at the edge, core, and cloud to enable more efficient data collection, faster AI workloads, and smoother cloud integration. To learn more, visit our AI Experts website.

Disclaimer

NetApp Inc. published this content on 17 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2021 09:42:03 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2023 6 767 M - -
Net income 2023 951 M - -
Net cash 2023 1 013 M - -
P/E ratio 2023 14,9x
Yield 2023 3,16%
Capitalization 13 846 M 13 846 M -
EV / Sales 2023 1,90x
EV / Sales 2024 1,75x
Nbr of Employees 12 000
Free-Float 99,7%
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Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 63,70 $
Average target price 88,70 $
Spread / Average Target 39,2%
EPS Revisions
Managers and Directors
George Kurian Chief Executive Officer & Director
César Cernuda Rego President
Michael J. Berry Chief Financial Officer & Executive Vice President
Thomas Michael Nevens Independent Chairman
William H. Miller Chief Information Officer & SVP
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