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Company Brief
NetApp

by Faulkner Staff

Copyright 2022, Faulkner Information Services. All Rights Reserved.

Docid: 00021990

Publication Date: 2204

Report Type: VENDOR

Preview

NetApp – or Network Appliance – is a provider of enterprise-class,
midrange cloud and storage solutions. The company, which was founded in 1992, produced the
world’s first networked storage appliance and continues to leverage its
technical innovations to help customers use less storage and, as a consequence,
defer costly data center expansion efforts. Particular areas of coverage include
cloud and hybrid cloud storage; data storage, protection, and management;
enterprise applications; DevOps; AI (artificial intelligence); VDI (virtual
desktop infrastructure); and assorted services. This brief takes a more detailed
look at NetApp’s operations.

Report Contents:

• Fast Facts
• History
• Key Executives
• Major Products
• Major Competitors
• Recent Activity

Fast Facts

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Name: NetApp 
Headquarters
3060 Olsen Drive
San Jose, CA 95128
Phone: (408) 822-6000
Fax: (408) 822-4501
Web:
https://www.netapp.com/
Type of Vendor: Mid-Range Enterprise Storage Solutions Provider
Founded: 1992
Service Areas: Global
Stock Symbol: NASDAQ: NTAP

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History

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NetApp was founded in 1992 and serves as a leading provider of
enterprise-class, midrange storage solutions. The company – which produced
the first networked storage appliance – focuses on core areas such as:

• Cloud services
• Hybrid cloud
• Data storage
• Data protection
• Data management
• Enterprise applications
• DevOps
• Artificial intelligence
• Virtual desktop ifrastructure
• Services

NetApp has also over the years extended its base capabilities by establishing and/or expanding partnerships with virtualization and cloud-based technology
developers such as Cisco, VMware, Accenture, and Microsoft. These relationships
are critical to NetApp’s strategy. NetApp announced the hiring of
Cesar Cernuda, an executive with Microsoft, as company president in May 2020.

Key Executives

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NetApp’s key executives include:

• CEO and Director: George Kurian
• President: Cesar Cernuda
• Executive Vice President and Chief Product Officer: Harvinder (Harv) Bhela
• Executive Vice President and General Manager, Public Cloud Services: Anthony Lye
• Executive Vice President and Hybrid Cloud Group: Brad Anderson
• Executive Vice President and Chief Strategy Officer: Matthew Fawcett
• Executive Vice President and Chief Legal Officer: Elizabeth O’Callahan
• Executive Vice President and Chief Financial Officer: Mike Berry
• Executive Vice President and Chief Human Resources Officer: Debra McCowan
• Executive Vice President and Chief Marketing Officer: James Whitemore

Major Products

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NetApp offers data management and storage products for helping improve
business productivity, performance, and profitability while also providing
investment protection and asset utilization. Its principle product lines are
detailed in Table 1.

Major Competitors

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NetApp tends to compete against storage vendors such as Hewlett Packard (HPE),
Dell Technologies, Hitachi Vantara, Fujitsu, VMware, and IBM, as well as Pure Storage,
Nutanix,
and other smaller players.

• Dell Technologies:
  https://www.dell.com/en-us
• Fujitsu:
  https://www.fujitsu.com/global/
• Hitachi Vantara:
  
  https://www.hitachivantara.com/en-us/home.html
• Hewlett Packard Enterprise (HPE):
  
  https://www.hpe.com/us/en/home.html
• IBM:
  https://www.ibm.com/us-en?ar=1
• Nutanix: https://www.nutanix.com/
• Pure Storage: https://www.purestorage.com/
• VMware: https://www.vmware.com/

Recent Activity

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Some of NetApp’s more recent activity has included:

• April 2022 – Signs a definitive agreement to acquire Instaclustr, a leading platform provider of fully managed open-source database,
  pipeline, and workflow applications delivered as a service. George Kurian, CEO of NetApp, stated, "The acquisition of Instaclustr will combine NetApp’s
  established leadership in continuous storage and compute optimization with Instaclustr’s fully-managed database and data pipeline services to give customers
  a Cloud Operations platform that provides the best and most optimized foundation for their applications in the public clouds and on premises."
• February 2022 – Acquires Fylamynt, a venture-backed CloudOps automation technology company that enables customers to build, run, manage, and
  analyze workflows securely in any cloud with little to no code. Financial details of the transaction were not disclosed. The acquisition builds on NetApp’s
  investment to grow its Spot by NetApp line of CloudOps multicloud infrastructure management services. Over the past two years, NetApp acquired several companies
  to bolster Spot by NetApp, including CloudHawk for security and compliance; Data Mechanics for data analytics and machine learning (ML) workloads in the cloud;
  and CloudCheckr for cloud cost management.
• December 2021 – NetApp ONTAP becomes the first enterprise storage and data management platform to achieve Commercial Solutions for Classified
  (CSfC) validation for a data-at-rest (DAR) capability package from the US National Security Agency (NSA). CSfC is a key component of the NSA’s commercial
  cybersecurity strategy, validating commercial IT products that have met the highest level of strict encryption standards and rigorous security requirements for both
  hardware and software solutions. The NSA recommends that federal agencies hosting secret or top-secret data utilize storage solutions that have been CSfC validated.
• October 2021 – Announces its acquisition of the CloudCheckr cloud optimization platform. The acquisition extends Spot by NetApp’s FinOps and
  SecOps offerings by combining critical cost visibility, analytics, and reporting from the CloudCheckr platform with its existing cost optimization and automation
  services.
• June 2021 – Acquires Data Mechanics, a managed platform provider for big data processing and cloud analytics with offices in Paris, France.
  Data Mechanics enables businesses to capitalize on Apache Spark, an open-source unified analytics engine for large-scale data processing and machine learning, in
  Kubernetes. Data Mechanics’s team and intellectual property will be integrated with the Spot by NetApp team and portfolio to accelerate the development of NetApp’s
  Spot Wave solution, which simplifies, optimizes, and automates Spark workloads running in public clouds.
• April 2021 – Announces plans to move its global headquarters to new San Jose, California, offices that are optimized for hybrid work and
  employee needs. The move to state-of-the-art offices is part of the company’s ongoing transformation, accelerated by the pandemic. The new office amenities will
  be designed to promote cross-functional collaboration and teamwork, cultivate inclusion, and increase business agility while prioritizing employee health, safety,
  and wellness. NetApp says its new headquarters will keep the company in the heart of Silicon Valley and more closely embed it with the local community.

 

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