Lionel Sujay Vailshery
Research expert covering cloud computing and emerging tech industries
NetApp Inc - statistics & facts
The humble beginnings of NetApp in the ever-evolving tech world have shaped how we store and manage information. The company, which was established in 1992, maintains its headquarters in Sunnyvale, California. NetApp Inc. provides cloud storage and data management products and services for data storage. It thrived on the internet bubble years of the mid-1990s but experienced a decline in revenue after the bubble burst in 2001. NetApp's annual revenue has grown nearly 60 percent since 2010 and stood at about 6 billion U.S. dollars as of the fiscal year 2024. The company is among the leading information technology (IT) storage vendors worldwide. Due to strategic acquisitions, NetApp is now focusing on converged infrastructure, or hyper-converged infrastructure (HCI).
