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 climbed again after 2010 and stood at about 5.41 billion U.S. dollars as of fiscal year 2020. 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. The company held a share of around 10 percent in the the external enterprise storage systems market worldwide, and a share of almost 20 percent in the all-flash array market. Its competitors in the enterprise storage market include Dell Technologies, HPE, IBM, and Huawei.

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NetApp Inc

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