Sunnyvale, Calif. - January 29,
2009 - NetApp (NASDAQ: NTAP) today announced that, in
research conducted by Baseline Magazine and Business
Technology Management Corporation (BTM), NetApp is among an elite
group of U.S. corporations that is driving toward optimization of
its business technology management, placing its business interests
and objectives first and using technology as a critical resource
for opening new business lines, markets, and revenues. As part of
the study, Marina Levinson, CIO at NetApp, was one of the five CIOs
recognized this year, for her outstanding technology management at
"We are honored to be recognized by
Baseline/BTM 500 for our outstanding technology
management," said Marina Levinson, senior vice president and CIO.
"The Baseline/BTM award recognizes the success we have
achieved by establishing strong IT governance to help us prioritize
the company's IT and business process investments."
NetApp was among the Fortune 1000 companies
that participated in a survey on business technology convergence.
The firms were evaluated by BTM on the level of technology
integration with their business. Baseline and BTM assessed
the survey sample based on six financial measures relative to
business-technology convergence: return on assets, equity,
investments, EBITD, annual growth in revenue, and annual growth in
earnings per share. It was through the results of this survey that
five companies (and their CIOs) were selected to highlight.
Based on previous research conduced by the
BTM Institute, the study further validates the link between
business-technology convergence and financial performance in
enterprises with a higher management maturity. It also shows that
converged enterprises are more able to adapt to dynamic market
conditions, push through innovations faster, and maintain
resiliency in the face of competitive challenges. Ultimately,
business-technology convergence may be just the thing that ensures
the sustainability and viability of companies such as NetApp.
Additional details on the
Baseline/BTM 500 can be found online at
The article highlighting NetApp's approach to
prioritizing IT projects is available online at
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