Latest news with #datainfrastructure
Yahoo
3 days ago
- Business
- Yahoo
Is Wall Street Bullish or Bearish on NetApp Stock?
San Jose, California-based NetApp, Inc. (NTAP) provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures. Valued at $21.2 billion by market cap, the company's storage solutions include specialized hardware, software, and services that provide storage management for open network environments. Shares of NetApp have underperformed the broader market over the past year. NTAP has declined 12.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 20.6%. In 2025, NTAP stock is down 7.2%, compared to the SPX's 9.6% rise on a YTD basis. More News from Barchart Warren Buffett Warns Investing At 'Too-High Purchase Price' Even for 'an Excellent Company' Can Undo a Decade of Smart Investing BitMine Immersion Now Holds 1.15 Million Ethereum Tokens. Should You Buy BMNR Stock Here? Why Archer Aviation's (ACHR) Post-Earnings Tailspin Looks Like a Favorably Mispriced Opportunity Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Narrowing the focus, NTAP's underperformance is also apparent compared to the Technology Select Sector SPDR Fund (XLK). The exchange-traded fund has gained about 29.4% over the past year. Moreover, the ETF's 15.4% returns on a YTD basis outshine the stock's single-digit losses over the same time frame. On May 29, NTAP shares closed down marginally after reporting its Q4 results. Its adjusted EPS of $1.93 surpassed Wall Street expectations of $1.90. The company's revenue was $1.7 billion, matching Wall Street forecasts. NTAP expects full-year adjusted EPS in the range of $7.60 to $7.90, and expects revenue to be between $6.6 billion and $6.9 billion. For fiscal 2026, ending in April 2026, analysts expect NTAP's EPS to grow 7.4% to $6.22 on a diluted basis. The company's earnings surprise history is mixed. It beat the consensus estimate in three of the last four quarters while missing the forecast on another occasion. Among the 19 analysts covering NTAP stock, the consensus is a 'Moderate Buy.' That's based on six 'Strong Buy' ratings, and 13 'Holds.' The configuration has been consistent over the past three months. On Aug. 11, Citigroup Inc. (C) kept a 'Neutral' rating on NTAP and raised the price target to $115, implying a potential upside of 6.7% from current levels. The mean price target of $116.07 represents a 7.7% premium to NTAP's current price levels. The Street-high price target of $130 suggests an upside potential of 20.6%. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
4 days ago
- Automotive
- Forbes
How Smart-Home Integration Is Set To Supercharge EV Charging
Carlos Georgescu is the co-founder and CTO of AfterQuery, a data infrastructure startup backed by Y Combinator. The global EV-charging-station market rocketed to $39.7 billion in 2024 and is compounding at 24.4% a year—a growth that echoes the early smartphone era. Yet 80% of charging happens not at public plazas but in garages, where electricity is cheap and parking is certain. Meanwhile, the smart home sector is swelling at a 15.6% CAGR and embeds connectivity in thermostats, solar inverters and, crucially, residential chargers. When these two arcs intersect, the question is no longer where we plug in, but how intelligently the home orchestrates every kilowatt. The Economic Case For Pairing EVs And Smart Homes Across North America, overnight home charging already undercuts gasoline by 25% to 60%, according to BloombergNEF's "2025 Outlook Report." Next-generation load centers sharpen the math by shuffling the car's demand into off-peak windows and balancing other circuits to stay below capacity caps, which avoids punitive demand charges. Time-of-use (TOU) electricity rates make the savings even better. For example, on Salt River Project's plan, moving an EV and one large appliance out of peak hours can cut a summer electricity bill by up to one-third. Meanwhile, proposed federal building codes now include features that support demand-response (DR) programs—allowing homeowners to get paid when utilities slightly delay or adjust their charging sessions. In short, the financial benefits of EV charging depend less on battery size and more on smart systems that know when power is cheapest and how to manage it efficiently. Adding to these cost-saving opportunities, government incentives are accelerating adoption. Programs across Canada, the U.S. and the EU are helping homeowners and developers cut costs—offering thousands in rebates for panel upgrades, networked chargers and multi-unit retrofits. But these funds are limited, and the rebate window closes quickly once budgets are met. Grid Impacts And Interoperability System planners are taking notice. Ontario's "2025 Annual Planning Outlook" warns the province may face dual peaks by 2030 because winter nighttime charging collides with heating demand. The IEA echoes that unmanaged home charging could increase feeder loads beyond the rated capacity. Smart charging schedules and future vehicle-to-grid (V2G) capabilities are potential solutions, but these only work if systems follow common standards. The latest version of the Open Charge Point Protocol (OCPP 2.0.1) includes crucial features like strong encryption, secure authentication and precise demand-response controls. However, many older chargers using version 1.6 can't be upgraded to meet these standards. In the U.S., NEVI regulations now require 2.0.1 compliance, pushing fleet operators to modernize or deal with the complexity of mixed systems. In other words, interoperability is no longer optional. It determines whether charging scales with—or breaks—the grid. Smart Homes As Micro-Grids The next big step is bidirectional charging, where EVs not only draw power but can also send electricity back to a home or the grid. This is enabled by ISO 15118-20, a standard finalized in 2022 that defines how vehicles and chargers communicate for energy flow in both directions. One real-world example is Toronto's Peak Drive pilot. It used 21 Nissan LEAFs to reduce electricity demand by up to 20 kW during peak times at an office tower, all with existing parking lot infrastructure, proving the concept works. Now, manufacturers are racing to bring this technology to market. Companies like Schneider Electric, Sonnen and ABB are integrating solar panels, batteries and Level-2 EV chargers into unified home energy management systems (EMS). It's no surprise the home-EMS market reached $5.8 billion in 2024 and could quadruple by 2034. Securing The Connected Charger As EV chargers become more connected, they also become more vulnerable to cyberattacks. Researchers at the Southwest Research Institute, for example, intercepted communications between EVs and DC fast chargers, successfully spoofing both the vehicle and the station. Home charging equipment faces similar risks. In a January 2025 advisory, CISA urged Schneider EVlink users to isolate their chargers on separate VLANs and avoid exposing them through port-forwarding. Every charger must be treated like a critical IT device: apply zero-trust architecture, least-privilege access, routine patching and continuous monitoring. Fortunately, OCPP 2.0.1 includes many of these security features by default. That's why major charging networks now consider them basic requirements—not optional—especially for NEVI-funded installations. Security, therefore, isn't a bolt-on. It's the price of admission to utility programs and consumer trust alike. Retrofit Lessons Learned Last year, I led a retrofit at two Toronto parking garages and a Hamilton commuter lot to show what's possible with a standards-first approach. We installed OCPP 2.0.1-ready Level-2 chargers behind a smart panel that was already managing solar and HVAC loads. From day one, the EMS shifted EV charging to off-peak hours, cutting demand charges and reducing the per-kWh cost well below that of gasoline. Encrypted data from the chargers flowed into the same dashboard used for thermostats and batteries, while a zero-trust gateway isolated them from public Wi-Fi. During a summer heatwave, the system responded to a DR event by submitting flexibility bids to the utility and earned a small payout. This showed that even smaller sites can tap into vehicle-to-everything (V2X) value streams—as long as the system is built on secure, open standards. From Plugs To Ecosystems For those looking to stay ahead, start by installing EV-qualified sub-meters and commissioning every charger with OCPP 2.0.1 to ensure secure management. Design systems with bidirectional capabilities in mind by pulling conductors and reserving panel space that meets ISO 15118-20 standards, allowing one-way chargers to upgrade to vehicle-to-home (V2H) or V2G functionality later. Cybersecurity must also be embedded from the outset by segmenting PLC traffic, enforcing TLS encryption, regularly rotating certificates and maintaining continuous logging, following best practices from DOE and CISA. Finally, act quickly to take advantage of utility and state incentives, which often disappear fast—so track available programs closely, submit applications promptly and assume funding is limited. The real disruption isn't just the charging plug itself—it's the smart home system that controls when to charge the battery, which energy sources to use and how to sell power back to the grid. Builders, utilities and technology providers that treat each charger as a secure, data-powered node within a bidirectional energy network can transform ordinary garages into mini power grids—and change how the world moves. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Zawya
06-08-2025
- Business
- Zawya
NetApp appoints Saeed Al-Zahrani as General Manager to lead Saudi Arabia growth strategy
Dubai, UAE – NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, has appointed Saeed Al-Zahrani as General Manager for Saudi Arabia, to further reinforce its commitment to the Kingdom's digital transformation agenda. In this role, Al-Zahrani will be responsible for driving NetApp's local strategy, deepening public and private sector partnerships, and enabling customers to unlock greater value from their data. With nearly two decades of experience within Saudi Arabia's evolving technology landscape, Al-Zahrani has held senior leadership roles at organizations such as Nutanix, Solutions by stc, Oracle, LinkedIn and Hewlett Packard Enterprise. Over the course of his career, Al-Zahrani has consistently championed customer-centric innovation, digital transformation, and operational excellence, helping both public and private sector entities embrace technology more strategically. ' Saeed's strategic vision, deep customer relationships and passion for execution make him the perfect leader to scale our business in Saudi Arabia,' said Suhail Hasanain, Senior Director & General Manager, Middle East & Africa at NetApp. 'His appointment reinforces our longterm commitment to supporting the Kingdom's economic diversification and digital transformation agendas,' Reflecting on his new role, Saeed Al‑Zahrani said, ' Saudi Arabia is going through a truly transformative journey and I am looking forward to working with our customers, partners, and the wider ecosystem to accelerate Saudi Arabia's journey toward a data-driven, AI-enabled future.' Al-Zahrani's appointment comes as NetApp deepens its regional footprint following the opening of its new headquarters in Riyadh earlier this year. The company's expanded leadership in the Kingdom will play a pivotal role in delivering tailored solutions to help customers build intelligent data infrastructure in key sectors such as energy, healthcare and smart cities. By enabling secure, hybrid cloud environments and real-time data insights, NetApp is supporting the Kingdom's ambition to become a leading digital economy. In line with its regional priorities, NetApp also remains committed to nurturing local talent, supporting innovation and building long-term partnerships with government entities, enterprises and academic institutions across the country.
Yahoo
30-07-2025
- Business
- Yahoo
Quantiphi, Snowflake Accelerate Chalo's AI-Driven Data Modernization for Public Transport Transformation
MARLBOROUGH, Mass., July 30, 2025 /PRNewswire/ -- Quantiphi, an AI-first digital engineering company and an Elite Tier partner of Snowflake, the AI Data Cloud company, today announced that India's leading public transport technology company, Chalo, has leveraged Snowflake and Quantiphi to modernize its data infrastructure, helping improve Chalo's efficiency, reduce operational costs and scale its rapidly growing data ecosystem. Chalo, which handles more than 4 billion passenger rides and operations annually in 67 Indian cities and 23 international cities across the Philippines, Peru and Fiji, is at the forefront of digitizing public transport through innovations like live bus tracking, mobile ticketing and smart travel cards platform along with various backend IT systems to the operators. Due to its expanding footprint and insufficient unified data strategy, the company previously faced challenges like performance bottlenecks, high operational costs and reduced scalability. Quantiphi Executive Sponsor, Snowflake Alliance and Global Head of Financial Services and Insurance Bhaskar Kalita said Quantiphi helped Chalo navigate these challenges by migrating its data to Snowflake's AI Data Cloud and leveraging Codeaira—Quantiphi's generative AI-powered developer's agent, to accelerate the data migration process and achieve full operational readiness ahead of schedule. "By combining our expertise with Snowflake's powerful data platform we helped Chalo build a scalable and efficient data ecosystem to support its rapid expansion," Kalita said. "This collaboration showcases how strategic partnerships can drive innovation, transform industries and create smarter businesses for the future." "We needed a robust data engineering platform and as the first to leverage Quantiphi's Gen AI accelerator, Codeaira, we achieved nearly 50 percent faster migration," Chalo AVP of Platform Atmesh Mishra said. "In just two months, we were live and fully functional on the new platform, delivering greater value to our customers." With the migration to Snowflake, Chalo can now monitor its internal metrics and send alerts to passengers in case of delays or anomalies in operations. This has helped Chalo increase operational efficiency by optimizing routes, managing demand forecasting and personalizing user experiences. "Our collaboration with Chalo has enabled it to democratize data and help its teams make quick data-driven decisions for business growth," Snowflake Director, Head of Partnerships, India Dhiraj Narang said. "Partnering with Quantiphi accelerated this transformation, laying the foundation for future AI-driven innovations in public transportation. By leveraging Snowflake's AI Data Cloud, Chalo can now securely process vast amounts of transit data with greater efficiency, improving fleet management, reducing costs and optimizing decision-making at scale." Learn more about how Quantiphi and Snowflake enabled transformational data modernization for Chalo. About Quantiphi:Quantiphi is an award-winning AI-first digital engineering company driven by the desire to reimagine and realize transformational opportunities at the heart of business. Since its inception in 2013, Quantiphi has solved the toughest and most complex business problems by combining deep industry experience, disciplined cloud and data engineering practices, and cutting-edge artificial intelligence research to achieve accelerated and quantifiable business results. Learn more at and follow us on LinkedIn, X, formerly Twitter, Instagram and YouTube. Media Contact:H. Newsroom View original content to download multimedia: SOURCE Quantiphi Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-07-2025
- Business
- Yahoo
Marvell Appoints Rajiv Ramaswami to its Board of Directors
SANTA CLARA, Calif., July 23, 2025 /PRNewswire/ -- Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced the appointment of Rajiv Ramaswami, President and Chief Executive Officer of Nutanix, to its Board of Directors, effective July 22, 2025. "Rajiv is an accomplished technology executive with deep expertise spanning software, cloud services, network infrastructure, and semiconductors," said Matt Murphy, Marvell's Chairman and CEO. "His leadership and strategic perspective will be invaluable as we continue to advance our position as the leading supplier of data infrastructure semiconductor solutions. We are excited to welcome Rajiv to our board." Ramaswami brings more than three decades of technology industry leadership to Marvell. He has served as President and CEO of Nutanix, a global leader in cloud software, since 2020. Previously, he was Chief Operating Officer of Products and Cloud Services at VMware. He also held senior leadership roles at Broadcom, Cisco, Nortel, Tellabs, and IBM. Ramaswami holds a in Electrical Engineering and Computer Science from the Indian Institute of Technology, Madras, and both an M.S. and Ph.D. in Electrical Engineering and Computer Science from the University of California, Berkeley. About Marvell To deliver the data infrastructure technology that connects the world, we're building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world's leading technology companies for over 30 years, we move, store, process and secure the world's data with semiconductor solutions designed for our customers' current needs and future ambitions. Through a process of deep collaboration and transparency, we're ultimately changing the way tomorrow's enterprise, cloud, automotive, and carrier architectures transform—for the better. Marvell and the M logo are trademarks of Marvell or its affiliates. Please visit for a complete list of Marvell trademarks. Other names and brands may be claimed as the property of others. This press release contains forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events, results or achievements. Actual events, results or achievements may differ materially from those contemplated in this press release. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict, including those described in the "Risk Factors" section of our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed by us from time to time with the SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and no person assumes any obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise. For further information, contact: InvestorsAshish Saranir@ MediaKim Marklepr@ View original content to download multimedia: SOURCE Marvell Sign in to access your portfolio
