Are there any other key points we have not yet covered that you would like to emphasise?
Our customers are transforming themselves using digital technology, connected with pervasive broadband networks and cloud computing. They want to improve the efficiency of their businesses, build global business systems and better serve their customers. Data is at the heart of this transformation.
At the same time, they are evaluating the value they have gained from past IT investments. They are realigning their budgets and rethinking how they use data. This re-evaluation is creating caution around traditional storage system transactional spending, and is diverting spending towards transformational projects and modern architectures like scale-out, software-defined, flash, converged and hybrid cloud, where our Data Fabric strategy gives us an advantage over the competition.
As NetApp transforms with the digital transitioning, we are pleased with the solid progress we have made towards being a more efficient and agile business. The strength of our Data Fabric strategy combined with the benefits we deliver will ensure we continue to generate value for customers, partners, employees and shareholders alike.
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