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Release: Industry analyst report demonstrates NetApp networked storage market success
posted on 12 June 2008 07:17
June 11, 2008 - NetApp (NASDAQ: NTAP) announces today that it gainedshare 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 2008 [1].
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.
According to IDC, NetApp share gains moved the company from fourth in the networked storage market to joint number-two, growing to a 12 per cent share in Q1 2008, up from 10.1 per cent in Q4 2007. NetApp also gained capacity share in networked storage, growing 2.5 per cent, from 17.2 per cent to 19.7 per cent, in the same period.
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 inthe NAS and iSCSI storage markets in Q1 2008 by maintaining the number-one market share position in capacity shipped for NAS (40 per cent) and iSCSI (24.6 per cent).
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.
[1] IDC Worldwide Quarterly Disk Storage Systems Tracker Q1 2008.]
[Formatted by Majid Soltani.]
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