NetApp Inc - Statistics & Facts

NetApp Inc. is an American multinational 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 in the internet-bubble years of the mid 1990s, but experienced a decline in revenue after the bubble burst in 2001. NetApp's annual revenue steadily climbed after 2010 and stood at about 6.15 billion U.S. dollars as of fiscal year 2019. The company is among the leading information technology (IT) storage vendors worldwide.
,br> The largest of NetApp’s segments by revenue is its "product" segment. The company produces ‘filers’, disk-storage devices that serve directories and files over a network, which have been its most prominent products over the years. The company further comprises software maintenance, hardware maintenance, and other professional IT services.

Together, the Americas - the United States, Canada, and Latin America - account for the majority of NetApp's regional revenues worldwide. In the second quarter of 2018, Cisco and NetApp held a combined share of 35.7 percent of the certified reference systems and integrated infrastructure market, falling only behind Dell. In 2018, NetApp generated revenue of approximately 3.37 billion U.S. dollars worldwide from enterprise storage systems and in the first quarter of 2019 the company held a 13 percent share of the external enterprise storage systems market globally.

Through its partnership with Cisco, the company is also among the leading vendors of cloud IT infrastructure worldwide. Its competitors in the data storage hardware industry include: Dell EMC, IBM, Microsoft, HPE, and Google, with much of the rest of the market supplied by original device manufacturers.

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NetApp Inc

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