Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

Industry Analyst Report Demonstrates NetApp Networked Storage Market Success

  • 13 June, 2008 10:22

<p>SYDNEY, Australia — 13 June 2008 — NetApp (NASDAQ: NTAP) announced today that it gained share in the networked storage market (which includes FC SAN, NAS, and iSCSI) in Q1 2008 in both revenue and capacity shipped, as reported in IDC’s Worldwide Quarterly Disk Storage Systems Tracker Q1 20081. Sequentially, NetApp grew networked storage revenue faster than any of the top five vendors. NetApp also gained revenue and capacity share in each of the markets in which it plays.</p>
<p>According to IDC, NetApp share gains moved the company from the fourth position in the networked storage market to tying for the number-two slot, growing to a 12.0% share in Q1 2008, up from a 10.1% share in Q4 2007. NetApp also gained capacity share in networked storage, growing 2.5%, from 17.2% to 19.7%, in the same period.</p>
<p>NetApp outpaced FC SAN market growth in Q1 2008, sequentially gaining share in both revenue and capacity shipped while both the market and the market leader declined. NetApp also demonstrated continued leadership in the NAS and iSCSI storage markets in Q1 2008 by maintaining the number-one market share position in capacity shipped for NAS (40.0%) and iSCSI (24.6%).</p>
<p>About NetApp
NetApp creates innovative storage and data management solutions that accelerate business breakthroughs and deliver outstanding cost efficiency. Discover our passion for helping companies around the world go further, faster at www.netapp.com.</p>
<p>Safe Harbor Statement Under U.S. Private Securities Litigation Reform Act of 1995 This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include market and market share trends that benefit the Company, continued customer acceptance, and adoption rates of the Company’s solutions. These forward-looking statements involve risks and uncertainties, and actual results could vary. Factors that could impact our ability to achieve our goals include general economic and industry conditions, including expenditure trends for storage-related products; our ability to deliver new product architectures and products that meet market acceptance; our ability to design products that compete effectively from a price and performance perspective; and other important factors as described in NetApp, Inc. reports and documents filed from time to time with the Securities and Exchange Commission, including our most recently submitted 10-K and 10-Q.</p>
<p>NetApp, the NetApp logo, and Go further, faster are trademarks or registered trademarks of NetApp, Inc. in the United States and/or other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.</p>
<p>Press Contact:
Tara Schwarze
Max Australia
(02) 9954 3492
tara.schwarze@maxaustralia.com.au</p>

Most Popular

Market Place

[]