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HCLTech, NetApp Expand Partnership for Hybrid Cloud Storage-as-a-Service to Accelerate Enterprise AI Adoption

Written by: Team Angel OneUpdated on: 13 Aug 2026, 9:08 pm IST
HCLTech and NetApp have expanded their partnership to provide flexible hybrid cloud storage for AI and other enterprise workloads.
HCLTech, NetApp Expand Partnership for Hybrid Cloud
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HCLTech and NetApp have expanded their partnership to offer hybrid cloud storage-as-a-service (STaaS) for enterprises. The companies announced the expanded partnership on August 13, 2026. 

The service will cover AI, generative AI, and traditional enterprise workloads under a consumption-based model.  

Pay-As-You-Go Storage 

The offering combines HCLTech’s Utility for Everything (U4X) digital infrastructure framework with NetApp Keystone, a pay-as-you-go storage service.  

Enterprises can change storage capacity, performance, and data services according to their workload requirements. 

The service will also work with HCLTech’s AI Factory suite, which covers AI development, deployment and operations. The companies said the arrangement is to support the move from AI pilots to larger enterprise deployments. 

Data Management 

Under the arrangement, workloads can run closer to where the data is stored. HCLTech and NetApp said this supports data readiness and governance, while allowing infrastructure and data services to be adjusted as workload requirements change. 

The expanded service follows earlier deployments by the two companies across different industries.  

These projects involved modernising data infrastructure and using consumption-based operating models, with requirements around scalability, flexibility, and compliance. 

Earlier Industry Deployments 

A global food and beverage company used a consumption-based model to reduce upfront investment and provide greater flexibility in its operations.  

A European telecommunications provider used the model across distributed environments, with requirements related to scalability, resilience, and regulatory compliance. 

HCLTech's Scale 

HCLTech has more than 223,000 employees across 60 countries. It operates across sectors including financial services, manufacturing, life sciences and healthcare, technology, semiconductors, telecom, retail and public services. 

The company reported consolidated revenue of $14.8 billion for the 12 months ended June 2026. The expanded partnership adds the STaaS model to the companies’ existing work on enterprise data infrastructure. 

Read MoreLarsen & Toubro Share Price in Focus; Secures Mega Order to Build India's Largest NVIDIA B300 AI Factory! 

HCL Technologies Share Price Performance  

As of August 13, 2026, 2:31 pm, HCL Technologies share price was trading at ₹1,367.50, a 0.15% increase from the previous closing price. 

Conclusion 

The new offering combines HCLTech’s U4X framework with NetApp Keystone. It provides pay-as-you-go storage for AI and other enterprise workloads. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Aug 13, 2026, 3:38 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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