NetApp Inc (NASDAQ:NTAP)

NetApp, Inc. is a provider of storage and data management solutions that help increase IT efficiency and flexibility. It provides a broad portfolio of application, cloud, and service provider solutions that help customers streamline operations and lower the costs associated with storing and managing their data. NetApp's Unified Storage Architecture, secure multi-tenancy capability, scalable systems, efficiency technologies, and data management software functionality provide a combination for enterprises building internal private clouds and for service providers building IT-as-a-service offerings. The company's fabric-attached storage and V-Series storage solutions are based on Data ONTAP a highly scalable and flexible operating system that concurrently supports any mix of storage area network and network-attached storage environments. NetApp's Data ONTAP operating system provides the foundation to build a shared storage infrastructure and an enterprise-wide data fabric for the full breadth of business applications and data storage and protection requirements. The company's portfolio of efficiency technologies helps its customers reduce their storage spending and get more from the storage assets they already own. It offers three efficiency technologies: FlexVol technology, which provides for thin provisioning through virtual volumes, enabling storage architectures to be more efficient and achieve higher utilization using flexible volumes that do not require repartitioning of physicalstorage space; FlexClone technology, which enables true data cloning using logical copies that do not require additional physical storage space and allows for instant replication of data volumes and datasets; and Deduplication technology, which provides the ability to eliminate duplicate data within primary and secondary disk storage environments, resulting in greater efficiency and higher utilization of storage capacity. NetApp's OnCommand management software improves storage and service efficiency through functions that help customers control, automate, and analyze their shared storage infrastructures. Its management software family of products provides a broad range of storage and data management tools to simplify IT administration and enhance flexibility and productivity and it has more than 130 locations around the world. The company was founded by David Hitz, James K. Lau and Michael Malcolm in April 1992 and is headquartered in Sunnyvale, CA.