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10-14-2006, 01:52 PM
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NetApp Works On Supplying Data Storage To The Biggest Firms
Friday October 13, 7:00 pm ET
Daniel Del'Re
Network Appliance is understandably proud that it has sold over 10,000 units of its latest line of corporate data storage devices, as it boasted in a recent press release.
The company is promoting a line of high-end goods aimed at corporate data centers, which link up and exchange heavy volumes of information between computer networks. Network Appliance's (NASDAQ:NTAP - News) storage system enables big retail chains, financial services firms and utilities to store and duplicate data every 10 minutes within multiple data repositories so that operations can survive catastrophic damage from terror attacks or earthquakes.
New Focus
Aiming at data centers is a departure for Network Appliance, which has made a living providing tools for small and midsize companies to manage data stored on smaller computer networks.
The company's tools handle simple tasks like sharing spreadsheets. Its sophisticated custom systems handle complex tasks like storing and retrieving geophysical data when energy companies search for deposits of raw materials.
Data centers connect multiple storage devices spread throughout numerous smaller individual networks. For large corporations and government bureaucracies -- called enterprise clients -- data centers have reams of information passing through them to process complex and high-volume applications like financial transactions.
Network Appliance has pursued a savvy strategy to elbow between giants like EMC (NYSE:EMC), Hewlett-Packard (NYSE:HPQ) and IBM (NYSE:IBM) that dominate the market for data centers.
The company has bundled its products into Oracle and Microsoft databases, which form the backbone of most corporate data centers. Network Appliance hit a home run last year when it persuaded IBM to ditch its own data storage devices and resell Network Appliance's entire line of products.
"This is incredibly important for us from a strategic standpoint because IBM has such a huge footprint in the marketplace," said Patrick Rogers, vice president of Products and Alliances. "This relationship offers us a great entry point to markets where we had no presence."
complete article here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ibd/061013/newamer.html?.v=1)
Investor's Business Daily
NetApp Works On Supplying Data Storage To The Biggest Firms
Friday October 13, 7:00 pm ET
Daniel Del'Re
Network Appliance is understandably proud that it has sold over 10,000 units of its latest line of corporate data storage devices, as it boasted in a recent press release.
The company is promoting a line of high-end goods aimed at corporate data centers, which link up and exchange heavy volumes of information between computer networks. Network Appliance's (NASDAQ:NTAP - News) storage system enables big retail chains, financial services firms and utilities to store and duplicate data every 10 minutes within multiple data repositories so that operations can survive catastrophic damage from terror attacks or earthquakes.
New Focus
Aiming at data centers is a departure for Network Appliance, which has made a living providing tools for small and midsize companies to manage data stored on smaller computer networks.
The company's tools handle simple tasks like sharing spreadsheets. Its sophisticated custom systems handle complex tasks like storing and retrieving geophysical data when energy companies search for deposits of raw materials.
Data centers connect multiple storage devices spread throughout numerous smaller individual networks. For large corporations and government bureaucracies -- called enterprise clients -- data centers have reams of information passing through them to process complex and high-volume applications like financial transactions.
Network Appliance has pursued a savvy strategy to elbow between giants like EMC (NYSE:EMC), Hewlett-Packard (NYSE:HPQ) and IBM (NYSE:IBM) that dominate the market for data centers.
The company has bundled its products into Oracle and Microsoft databases, which form the backbone of most corporate data centers. Network Appliance hit a home run last year when it persuaded IBM to ditch its own data storage devices and resell Network Appliance's entire line of products.
"This is incredibly important for us from a strategic standpoint because IBM has such a huge footprint in the marketplace," said Patrick Rogers, vice president of Products and Alliances. "This relationship offers us a great entry point to markets where we had no presence."
complete article here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ibd/061013/newamer.html?.v=1)