NetApp, Inc. (Nasdaq: NTAP) is a multinational technology company specializing in data storage hardware, software and cloud services. Founded in 1992 and headquartered in San Jose, California, NetApp provides enterprise data management and storage solutions for organizations to store, manage and protect their digital data across on-premises and cloud environments.
NetApp's product portfolio includes:
All-flash storage arrays: AFF A-Series, AFF C-Series, ASA SAN Storage
Hybrid flash storage: FAS Series, E-Series
Object storage: StorageGRID
Converged infrastructure: FlexPod (joint solution with Cisco)
Cloud data services: Cloud Volumes ONTAP, Azure NetApp Files, Cloud Volumes Service for Google Cloud
Data management software: ONTAP storage operating system, Astra for Kubernetes, BlueXP management platform
NetApp's solutions integrate with major public cloud platforms including Amazon Web Services, Microsoft Azure and Google Cloud. The company's storage systems support block, file and object storage protocols and can be deployed on-premises, in the cloud, or in hybrid cloud architectures.
In fiscal year 2024, NetApp reported net revenues of USD 6.27 billion. The company's all-flash array annualized revenue run rate reached USD 3.6 billion in Q4 FY2024, growing 17% year-over-year. NetApp continues to focus on driving growth in all-flash storage and cloud services while maintaining operational discipline. The company is also investing in AI-related storage innovations to address new market opportunities in areas like generative AI and large language models.
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