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Is your data truly secure? 🤔 A recent study published by NetApp and The Futurum Group reveals that 54% of businesses have experienced cyberattacks in the last 18 months. Analyst Krista Case (Macomber) and NetApp's Gagan Gulati discuss the study's findings, emphasizing the importance of data classification and the...

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40,014 views • 1 year ago •via X (Twitter)

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We're counting down to the special live-streamed conversation with NetApp and The Futurum Group! Join us Wednesday, January 29, at 11AM CT as Gagan Gulati, NetApp General Manager Data Services, and Futurum Group CEO, Daniel Newman discuss the recent report on Cloud, Complexity, AI: The Threats Demanding New Cyber Resilience Thinking. Access the event here: Get a preview into some of the conversation points in this clip with Gagan Gulati and Krista Case (Macomber).👇
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We're counting down to the special live-streamed conversation with NetApp and The Futurum Group! Join us Wednesday, January 29, at 11AM CT as Gagan Gulati, NetApp General Manager Data Services, and Futurum Group CEO, Daniel Newman discuss the recent report on Cloud, Complexity, AI: The Threats Demanding New Cyber Resilience Thinking. Access the event here: Get a preview into some of the conversation points in this clip with Gagan Gulati and Krista Case (Macomber).👇

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Join us for another segment at #NetAppINSIGHT 2024, as NetApp’s gagangulati and host Krista Case (Macomber) discuss $NTAP's strategies for optimizing data resilience against cyber threats, the pivotal role of IDI in business agility, and the future of cloud computing.
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We're making one of the world's most data-rich organizations more accessible with Football AI Pro, a customized AI assistant that can read vast amounts of @FIFA data to deliver information to players, coaches, and fans in seconds. Learn more:
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David Friedberg: Michael Burry’s Datacenter Math is Wrong “I actually think Michael Burberry's got this wrong.” “What Michael Burry is saying is that all of these hyperscalers have extended their depreciation schedule or the useful life of their data centers by roughly 2x, which cuts the operating costs in half when they report it in earnings. And so it's making their earnings inflate.” “So he's claiming they're cooking the books. Google first made this change in Q1 of 2021, where they said the servers are now going from 3 to 4 years. Separately in 2021, Google took networking equipment from 3 to 5 years. And then in 2023, they took it from 5 to 6 years.” “And so this is a result of this effort where they went in and did an analysis. So what happened?” “What happened in the data centers is that the data centers transitioned from being primarily data storage and data transfer systems, where you would use hard drives and RAM and memory to store data and then transmit it back out, to being data processing centers because of the AI boom.” “So as AI became more important in the data center, more of the dollars that are going into data centers were allocated towards chips from data storage, which initially was hard drives.” “And then suddenly, when you put these processors in to process the data to do AI, the majority of the spend and the majority of the energy is going towards the processors.” “I made some calls and I checked around with some other friends, and everyone says the same thing: that these 7-8 year old TPUs and GPUs that are sitting in the data centers are still being used and they're being used at 100% utilization.” “So that actually justifies and validates the depreciation schedule being much longer versus shorter.”
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David Friedberg: Michael Burry’s Datacenter Math is Wrong “I actually think Michael Burberry's got this wrong.” “What Michael Burry is saying is that all of these hyperscalers have extended their depreciation schedule or the useful life of their data centers by roughly 2x, which cuts the operating costs in half when they report it in earnings. And so it's making their earnings inflate.” “So he's claiming they're cooking the books. Google first made this change in Q1 of 2021, where they said the servers are now going from 3 to 4 years. Separately in 2021, Google took networking equipment from 3 to 5 years. And then in 2023, they took it from 5 to 6 years.” “And so this is a result of this effort where they went in and did an analysis. So what happened?” “What happened in the data centers is that the data centers transitioned from being primarily data storage and data transfer systems, where you would use hard drives and RAM and memory to store data and then transmit it back out, to being data processing centers because of the AI boom.” “So as AI became more important in the data center, more of the dollars that are going into data centers were allocated towards chips from data storage, which initially was hard drives.” “And then suddenly, when you put these processors in to process the data to do AI, the majority of the spend and the majority of the energy is going towards the processors.” “I made some calls and I checked around with some other friends, and everyone says the same thing: that these 7-8 year old TPUs and GPUs that are sitting in the data centers are still being used and they're being used at 100% utilization.” “So that actually justifies and validates the depreciation schedule being much longer versus shorter.”

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