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.

Network Appliance is the Leader in iSCSI and Network-Attached Storage Markets

  • 08 March, 2005 09:20

<p>Continues growth in SAN and Overall Networked Storage Markets</p>
<p>Network Appliance, Inc. (NASDAQ: NTAP) has announced that it has maintained its position as market leader in both the network-attached storage (NAS) and iSCSI storage markets for calendar year 2004 (CY2004). According to IDC’s Worldwide Quarterly Disk Storage Systems Tracker Q4 2004, NetApp demonstrated continued leadership in its core NAS market, with a 36.9 per cent revenue share and maintained its strong lead in the iSCSI storage market, with a 43 per cent revenue share for CY2004. In addition, NetApp remained the leader in the IP storage market (NAS and iSCSI), posting a 37.3 per cent market share in CY2004.</p>
<p>Also according to IDC, the company grew revenue in the open systems networked storage market, with 29.7 per cent year-over-year (Q4 2003 to Q4 2004) growth, versus overall market growth of 11.6 per cent. NetApp grew revenue in the open SAN market at 98.9 per cent, versus the market growth of 9.2 per cent, year over year (fourth quarter 2003 to fourth quarter 2004).</p>
<p>“IDC’s market share figures confirm that our approach to solving customers’ storage needs is winning in the marketplace. The results indicate that NetApp is taking share from our competitors and is the fastest growing storage vendor tracked by IDC,” said Patrick Rogers, Vice President of Products and Partners at Network Appliance. “Our position in the NAS market continues to strengthen, but even more significantly, NetApp revenue is growing most quickly in SAN deployments via our Fibre Channel and iSCSI solutions. We are particularly pleased with our progress in deploying scalable, unified storage solutions for global Fortune 1000 accounts.”</p>
<p>The numbers confirm that the NetApp pioneering vision to deliver the world’s first unified storage solution and embrace the iSCSI protocol continues to pay off in customer adoption. The flexibility of a single architecture and the choice of iSCSI, NAS, or SAN environments provide unmatched value to NetApp customers and the IDC results demonstrate that customers continue to turn to NetApp for their storage consolidation, data protection, information lifecycle management, regulatory compliance and business continuance needs.</p>
<p>news ends</p>
<p>Notes for Editors:</p>
<p>About Network Appliance.
Network Appliance is a world leader in unified storage solutions for today's data-intensive enterprise. Since its inception in 1992, Network Appliance has delivered technology, product and partner firsts that continue to drive ‘The evolution of storage(TM)’. Information about Network Appliance(TM) solutions and services is available at</p>
<p>NetApp is a registered trademark and Network Appliance and The evolution of storage are trademarks of Network Appliance, Inc. in the U.S. and other countries. All other brands or products are trademarks or registered trademarks of their respective holders and should be treated as such.</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 Network Appliance, Inc.'s 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>For further information please contact –
Simon Green
Managing Director, Australia and New Zealand
Network Appliance, Inc.
Ph: +61 (0) 2 9779 5600 &amp; +61 (0) 411 223 883</p>
<p>Press contact –
Derek Evans
Gotley Nix Evans Pty Ltd
Ph: +61 (0) 2 9957 5555 &amp; +61 (0) 410 601 673</p>

Most Popular