NetApp Ranked #2 in Worldwide All Flash Array Market Share for Q1 2016
June 13, 2016
According to the IDC Q1 2016 Worldwide Quarterly Enterprise Storage Systems Tracker, NetApp (NASDAQ: NTAP) is growing much faster than the all flash array market as a whole and has gained market share versus the competition.
Key NetApp highlights:
Per IDC, NetApp all flash array revenue grew 238.2% year over year, 2.7 times faster than the market growth of 87.4% year over year.
Per IDC, NetApp moved to #2 from #4 in the tracker quarter over quarter, with 22.8% revenue market share, ahead of Pure, HPE, and IBM.
As of the end of its Q4FY2016, NetApp indicated:
Its all flash array business has grown to an annual net revenue run rate of more than $700 million.
Its All Flash FAS line has produced eight consecutive quarters of year over year triple digit unit growth.
Anil Valluri, President, NetApp India & SAARC said “We had earlier stated that this year will be the year of Flash and we believe the promise of an All Flash Data center will be a reality. NetApp is leading this charge and with SolidFire we now have the most complete and differentiated Flash portfolio in the market. These results are a testament to our focus on delivering the best to our customers and Flash does exactly that - modernizes the data center by saving costs and accelerating performance.”
“Flash solutions are changing the expectations and economics of enterprise IT,” said
Brian Bakstran, acting Chief Marketing Officer, NetApp. “NetApp offers the industry’s broadest all flash portfolio, allowing customers to move toward an all flash data center while still using what they’ve already deployed and leveraging the cloud. Our new Flash Advantage 3-4-5 Program makes flash even more affordable, efficient, and risk-free – and we guarantee it.”
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