London, UK - July 21, 2011
-NetApp (NASDAQ: NTAP) today announced that it was ranked #34 out
of 100 on Forbes magazine's "World's Most Innovative
Companies" list for 2011. NetApp was recognised for building a
culture of innovation that has transformed the foundation of its
customers' business and been a catalyst to their success. Most
importantly, NetApp® innovation provides its customers with
the technology, products, people, and service that allow them to
outpace, outinnovate, and outperform their competition to achieve
remarkable results for their business.
"NetApp is honored to be identified as a
global innovator-this is great recognition of the innovative spirit
that is at the core of NetApp's DNA," said Tom Georgens, president
and CEO of NetApp. "NetApp was built on a culture of innovation
that has pushed the boundaries of what is possible. We are focused
on innovating in all aspects of our business to create a clear
competitive advantage. Forbes's recognition is the result of our
employees' commitment to creating an environment where innovation
thrives and hard work leads to better business outcomes for NetApp,
our customers, and our partners."
Innovation Fueling NetApp's Growth
NetApp's commitment to making its customers successful with
breakthrough innovation has resulted in growth that only a select
group of companies have achieved. NetApp has historically been
recognised throughout the industry for continually pushing the
limits of today's technology and being at the forefront of major
market shifts by delivering product and technology innovation that
has fueled its customers' success. This innovation has continued
today as NetApp has delivered unprecedented efficiency and
flexibility for customers to respond quickly to their rapidly
changing business needs. This stream of new innovations, many of
them around new technologies and around new markets, continues to
fuel NetApp's growth.
NetApp is also currently ranked as a "Top 10"
best place to work around the globe for 2011 by the Great Place to
Work Institute, based on a unique corporate culture that values
creativity, teamwork, open communication, leadership, adaptability,
and trust. This culture drives NetApp's innovative technologies,
products, and business strategies. By living these values, NetApp
employees are empowered to develop new ideas every day and continue
to make breakthroughs happen for its customers.
About the Forbes Most Innovative
The "World's Most Innovative Companies" list aims to identify which
leading-edge corporations are most likely to succeed now and in the
future based on an eight-year study by Harvard Business School
professor and master of disruptive innovation Clayton M.
Christensen, along with colleagues Jeff Dyer, a professor at
Brigham Young University, and Hal B. Gregersen, a professor of
leadership at INSEAD, and also found in their newly released book,
The Innovator's DNA. The methodology relies on investors
to identify the companies they expect to be innovative today and in
Embedded in each of these companies is a code
for innovation, discernible in their people, processes, and
philosophies-what Forbes refers to as a "3P" framework for
understanding the DNA of innovative organisations. What does the
average company need to achieve in these areas to spark an
innovation premium? It needs a fundamental change within senior
managers (some mastery of the five discovery skills), changes in
how their innovation project teams work (processes that support
innovation), and changes in philosophies that foster the belief
that innovation really is everyone's job.
The full list of winners and related stories
will appear in the August 8 issue of Forbes and is
available now online at www.forbes.com/special-features/innovative-companies.html.
How is your company innovative? Share your
story of innovation on the NetApp communities: communities.netapp.com/thread/16004
NetApp creates innovative storage and data management solutions
that accelerate business breakthroughs and deliver outstanding cost
efficiency. Discover NetApp's passion for helping companies around
the world go further, faster at www.netapp.com/uk.
T: +44 20 7268 3076