SUNNYVALE, Calif.-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 recognized 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 recognized 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 the future.
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 organizations. 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.
NetApp creates innovative storage and data management solutions
that deliver outstanding cost efficiency and accelerate business
breakthroughs. Discover our passion for helping companies around
the world go further, faster at www.netapp.com.
NetApp PR Hotline
Ph: (408) 822-3287
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