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Network Appliance, Inc
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Public ( NASDAQ : NTAP )
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1992
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Sunnyvale , California
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Dan Warmenhoven , CEO<br> Tom Mendoza , President<br> Steve Gomo , CFO<br> David Hitz , Executive Vice President & Founder<br> Steve Kleiman , CTO<br> James Lau , Executive Vice President & Founder
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4631
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Data Storage Devices
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FAS900, FAS3000, FAS200, R200, Decru DataFort, Kazeon IS1200, V-Series, NetCache
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$16 billion USD ( 2005 )
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, founded in 1992 by
David Hitz ,
James Lau , and
Michael Malcolm , is a
Network storage company headquartered in
Sunnyvale, California . It is a member of the
NASDAQ 100 and employs more than 4800 people worldwide.
Network Appliance is credited with the widespread adoption of
Network Attached Storage or "NAS". Now Network Appliance storage products support a variety of storage protocols such as
ISCSI ,
CIFS ,
NFS , and
FCP . The key technology behind most of Network Appliance's product line is the
WAFL file system.
When Network Appliance was founded, its major competitor was
Auspex .
In
December ,
2005 ,
IDC ranked Network Appliance, fourth among vendors of storage software with 6.9% market share,
ahead of
Hewlett-packard , and behind
EMC ,
Symantec , and
IBM . In the same month,
IDC ranked Network Appliance second among vendors Network Attached Storage with 35.1% market share, behind EMC, and first among vendors of
ISCSI SAN vendors with 35.1% market share ahead of
EMC and Hewlett-Packard.
The company was founded in 1992. It had its
Initial Public Offering in 1995. Like many high technology companies, Network Appliance thrived in the internet bubble years of the mid 1990s to 2001, during which the company grew to $1 billion in annual revenue. After the bubble burst, Network Appliance's revenues quickly declined to $800 million in its fiscal year 2002. Since then, the company's revenues have steadily climbed, reaching $1.6 billion in its fiscal year
2005. As of February 14, 2006, according to Yahoo Finance, outside financial analysts were forecasting that Network Appliance
would reach $2 billion in annual sales its fiscal year 2006.
The operating system for most of Network Appliance's products is Data ONTAP. The distinguishing feature in ONTAP is its
WAFL file system, and WAFL's data protection capabilities,
including snapshots, file system mirroring, and RAID-DP.