Lionel Sujay Vailshery
Research expert covering cloud computing and emerging tech industries
NetApp Inc - statistics & facts
NetApp Inc. is an American cloud storage and data management company that offers software, systems, and services for the management and storage of data. Founded in 1992, the company is headquartered in Sunnyvale, California. It thrived on the internet-bubble years of the mid-1990s but experienced a decline in revenue after the bubble burst in 2001. NetApp's annual revenue climbed again after 2010 and stood at about 6 billion U.S. dollars as of the fiscal year 2023. The company is among the leading information technology (IT) storage vendors worldwide. As a consequence of strategic acquisitions, NetApp is now focusing on converged infrastructure or hyper converged infrastructure (HCI).
NetApp's product-line
The largest of NetApp's segments by revenue was its "Product" segment, totaling about three billion U.S. dollars in 2023. The company's flagship products include NetApp's FAS (Fabric-Attached Storage), AFF (All-Flash FAS), and ASA (All SAN Array) storage systems. The company's Open Network Technology for Appliance Products (ONTAP) data management operating system has been under development continuously since 1992 and is used for several of its hardware product management. Currently, there are three ONTAP platforms: FAS/AFF systems, software running as a virtual machine on servers (ONTAP Select), and cloud computing (Cloud Volumes ONTAP). Some of the sought-after features of NetApp systems are the ease of integration of enterprise applications for data backup, cloning, provisioning, and other self-service storage.Partners and controversy
Together, the Americas - the United States, Canada, and Latin America - account for the majority of NetApp's regional revenues worldwide. NetApp provides a software-defined storage solution that supports file and block workloads for businesses across various cloud service providers. Cloud Volumes ONTAP is a solution to the challenges of using cloud enhancing performance, data protection, and compliance, all while streamlining costs. In 2007, NetApp filed a lawsuit against Sun Microsystems for patent infringement of file systems. After the acquisition of Sun Microsystems by Oracle Corporation, NetApp announced an agreement with the new owners to dismiss the lawsuits.
