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Network Appliance Demonstrates Continued Market Growth

  • 06 September, 2004 08:48

<p>Maintains strong leadership position in both iSCSI and Network-Attached Storage</p>
<p>Network Appliance, Inc. (NASDAQ: NTAP), has demonstrated its rapid market share growth in the disk storage systems market, posting strong revenue in the worldwide networked storage market (network-attached storage [NAS] plus Open and iSCSI SAN) with sequential quarterly growth of 9.6 per cent. According to IDC’s Worldwide Quarterly Disk Storage Systems Tracker, Q2 2004, year over year the company grew revenue in the worldwide networked storage market 26.5 per cent versus the market growth of 17.9 per cent. Of the reported vendors, NetApp grew revenue the fastest in the networked storage market year over year.</p>
<p>According to IDC, NetApp maintained a strong lead in the iSCSI storage market for first half 2004 (1H04), with 46.9 per cent of the iSCSI disk storage systems market, as measured by market share in factory revenue and 57.4 per cent of the market in terabytes shipped. In its core NAS market, NetApp demonstrated leadership in NAS hardware for 2Q04 in both revenue and terabytes shipped. The company posted a 37.2 per cent revenue market share with a 15.8 per cent increase in revenue year over year (vs. CY03Q2) and a 6.1 per cent increase sequentially (vs. CY04Q1). NetApp outpaced the NAS market in revenue growth on both a sequential and an annual basis.</p>
<p>“As evidenced by IDC’s market figures, NetApp continues to be the leader in both IP SAN and NAS,” said Patrick Rogers, vice president of Marketing at Network Appliance. “NetApp network storage solutions offer a cost-effective, reliable and high-performance approach to helping customers ensure 24x7 access to business-critical data while maximising and easily integrating into existing IT investment. By focusing on our customers’ needs and ultimately their successes, NetApp will continue to gain market share and partner with our customers to provide complete networked storage solutions.”</p>
<p>Customers continue to demand simple, scalable and affordable technology for their networked storage requirements and are turning to NetApp to help them realise the real-world benefits of iSCSI and NAS.</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™”. Information about Network Appliance™ 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>For further information please contact –
Harry Christian
Network Appliance, Inc.
tels + 61 (0) 2 9779 5600 &amp; + 61 (0) 407 100 666</p>
<p>Press contact –
Derek Evans
Gotley Nix Evans Pty Ltd
tels +61 (0) 2 9957 5555 &amp; +61 (0) 410 601 673</p>

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