NetApp® Networked Storage Growth Outpaces Market in 2006
Sunnyvale, Calif. - March 12, 2007 --
Network Appliance, Inc. (NASDAQ:
NTAP) today announced that it continued to gain momentum in the
storage area network (SAN) market, while maintaining leadership in
both the network-attached storage (NAS) and iSCSI markets in
According to IDC's Worldwide Quarterly Disk
Storage Systems Tracker Q4 20061, NetApp gained share in
both capacity and revenue for the Fibre Channel (FC) SAN market.
NetApp continued to grow faster than the market in FC SAN in both
revenue and capacity, from 2005 to 2006. NetApp grew FC SAN revenue
at more than seven times the rate of both the market leader and the
overall FC SAN market. NetApp grew FC SAN capacity at more than
four times the rate of the overall market and at almost five times
the rate of the market leader. Q4'06 marks the twelfth consecutive
quarter that NetApp grew FC SAN revenue faster than the market.
NetApp also demonstrated continued leadership
in the NAS and iSCSI storage markets in the fourth quarter. At year
end 2006, NetApp maintained the number-one market share position in
capacity shipped for NAS (38.9%) and in iSCSI for both capacity
shipped (30.4%) and revenue (23.6%).
In the networked storage market (which
includes SAN, NAS, and iSCSI), NetApp grew faster than the market,
year over year, in both capacity shipped and revenue. For capacity
shipped, NetApp grew at 102.3%, while the market grew at 63.7%.
NetApp advanced to the number two position in capacity shipped in
the networked storage market. In terms of revenue, NetApp grew at
20.3%, while the market grew at 14.0%.
"Our growth momentum in the FC SAN market in
2006 and continued leadership in iSCSI and NAS demonstrate that
data center customers find real value in our products and
services," said Elisa Steele, vice president of Corporate Marketing
at Network Appliance. "Our data center solutions help our customers
deliver outstanding business results every day with maximized
productivity, increased availability, and reduced costs."
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 simplify data management. Information about Network
Appliance™ solutions and services is available at
"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. reports and documents filed
from time to time with the Securities and Exchange Commission,
including our most recently submitted 10-K and 10-Q.
1IDC's Worldwide Quarterly Disk
Storage Systems Tracker Q4 2006
Network Appliance, Inc.