Beijing, China, February 25, 2019——Lenovo NetApp Technology Limited (hereinafter referred to as “Lenovo NetApp”) announces its official establishment today. It’s positioned as a leading intelligent data management solutions and services provider with the aim to enable the Chinese companies to unleash the full potential of their data and accelerate digital transformation. Lenovo NetApp is co-funded by Lenovo, the global technology leader in driving intelligent transformation, and NetApp, the data authority for hybrid cloud, to enable the Chinese companies to modernize their IT architectures and unleash the full potential of their data with the existing advanced technologies, including flash storage, storage and data management infrastructure etc. In the meantime, Lenovo NetApp will incorporate the world’s leading storage solutions and data management technology into the autonomous and controllable solutions which are specifically designed to meet the local needs for technology support to address full range of workloads, as well as next generation workloads like artificial intelligence, Internet of Things (IoT), 5G, and machine learning. The establishment of Lenovo NetApp will re-shape the competitive landscape of China’s IT industry, setting a new milestone for China’s storage and data management market.

Eric Lu has been named the CEO of Lenovo NetApp. Prior to this role, he was the managing director from Accenture. At Lenovo NetApp, he will lead all the key functional departments, including Sales, System Engineering, Product and Marketing, and Services etc. He will also lead the team to build an R&D center in China.

Intelligent data builds intelligent world

Lenovo is a global leader in hyper-scale data center, high performance computing and artificial intelligence, as well as software defined infrastructure; NetApp has the most advanced data management technology, and has worldwide leadership in data management, General-Purpose Disk Array and Solid-State Arrays. NetApp has come out in front in worldwide all flash array market share. Under the strategy of co-developing a combined brand by leveraging the strength of both Lenovo and NetApp, Lenovo NetApp will continue to provide the full portfolio of NetApp products and solutions, as well as Lenovo branded OEM products, bringing leading technologies for IT infrastructure, cloud computing, data center, big data and so on to offer Chinese customers a one-stop option for comprehensive and maximized product and solution offerings, and at the meanwhile enable them to benefit from the world-class high performance data management solutions as other companies do around the world.

As an exceptional provider who provides customized storage and data management solutions, Lenovo NetApp will adhere to Lenovo and NetApp’s leading technology genes and leverage their strong advantages on R&D and innovation to build an R&D center locally to strengthen its power in China market by designing a more complete and customized end-to-end intelligent data management solution to address the special needs from more customers and creating a comprehensive portfolio including all flash, data management solutions and service offerings, enabling customers to accelerate their digital transformation with inexhaustible driving force.

Eric Lu, CEO of Lenovo NetApp said: “The wave of digital transformation has swept across China, and massive data are generated from all industries. Data is key for customers to achieve digital transformation. The explosion of data increases enterprise customers’ need of a one-stop solution for end-to-end data management across on premise and multi cloud environments. At the same time, enterprise customers have growing interests in building a simplified infrastructure to accelerate new service. Lenovo NetApp will not only incorporate the high performance data management technologies and the product advantages from Lenovo and NetApp, but will also drive more intelligent data management breakthroughs to empower Chinese customers to unleash the full potential of their data to expand business, accelerate transformational innovation and optimize operation.”

A new start enables a higher leap

From its high-level start with the existing product portfolio, Lenovo NetApp is building a local R&D center to accelerate technology development in all flash, enterprise storage, data management and service, hybrid cloud, and applications such as AI. In addition, higher quality standards and deeper insights to local industry are the constant pursuit and market commitment of Lenovo NetApp. With that in mind, Lenovo NetApp will focus on driving cutting-edge technology, and make consistent investment in capital, manpower and R&D, and build itself the top vendor in China's enterprise storage and data management market.

Lenovo NetApp’s mission is to take root in China, serve China market, and provide advanced technology, better products and services required for organizations and partners in China to enable growth. As it makes business growth and make progress in local R&D and innovation, Lenovo NetApp will increase investment to enhance its leading position in the industry. With the background of market is vigorous thriving for independent innovation, Lenovo NetApp, based on the solid resource from Lenovo and NetApp, is destined to play an important role in China’s IT industry.

Lenovo NetApp is 51% owned by Lenovo and 49% by NetApp. The board of directors is composed of seven directors, in which four are appointed by Lenovo, three by NetApp.