$HCLTECH and NetApp have expanded their collaboration to offer hybrid cloud storage-as-a-service (STaaS). The solution integrates HCLTech’s Utility for Everything framework with NetApp Keystone to help enterprises scale AI workloads. The partnership aims to accelerate the transition from AI pilots to enterprise-scale adoption through a flexible, consumption-based model. The companies also highlighted existing deployments across industries where their combined capabilities have been used to modernise data infrastructure and introduce flexible operating models. HCLTech said these implementations have supported improvements in agility, scalability & compliance. The expanded partnership can benefits investors by transitioning the business toward predictable recurring subscription revenue and commanding higher valuation multiples. Additionally, it de-risks enterprise AI adoption by converting infrastructure into operational expenses and protects operating margins through optimized data pipelines. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.

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