NetApp (NTAP)

Frequently Asked Questions About NetApp (NTAP)

Does NetApp offer cloud services?

Yes, NetApp offers a variety of cloud services that support multi-cloud strategies. Its solutions include cloud storage services, data migration tools, and cloud data management capabilities, which help businesses to optimize their resources in cloud environments and ensure accessibility and security of their data.

How does NetApp contribute to sustainability?

NetApp is committed to sustainability and reducing its environmental impact. The company focuses on energy efficiency in its products, promoting energy-saving technologies, and participating in initiatives that aim to reduce carbon emissions. NetApp also strives to lead by example in corporate responsibility and sustainable operations.

How does NetApp ensure data security?

NetApp places a strong emphasis on data security, incorporating robust encryption, compliance, and governance features across its product offerings. The company implements best practices for data protection and offers solutions that help customers secure sensitive information while maintaining regulatory compliance and safeguarding against data breaches.

Is NetApp a publicly traded company?

Yes, NetApp is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol NTAP. It went public in 1995 and has since established itself as a leader in the data management and storage industry, with a broad portfolio of products and services.

What are NetApp's key products?

NetApp offers a range of key products, including ONTAP (its data management software), All Flash FAS systems, AFF (All Flash Arrays), Hybrid Cloud solutions, StorageGRID (object storage), and NetApp Data Fabric. These products are designed to simplify data management across multi-cloud environments and optimize storage performance.

What are some recent initiatives by NetApp?

NetApp continuously launches initiatives aimed at enhancing its product offerings and customer experience. Recent initiatives include advancements in cloud services, partnerships for cross-cloud data management, and enhancements to their security offerings. These efforts reflect NetApp's vision to empower organizations to harness their data seamlessly across multiple platforms.

What are the benefits of using NetApp's solutions?

NetApp's solutions offer numerous benefits, including improved data accessibility, high performance, and efficient storage utilization. Organizations can reduce operational costs, enhance data protection, and simplify data management across environments. Moreover, NetApp's multi-cloud strategy allows businesses to gain flexibility and scalability for their evolving data needs.

What does NetApp do?

NetApp is a data management and storage solutions company that provides solutions for managing, storing, and protecting data. It focuses on helping organizations leverage their data across cloud environments, on-premises, and a hybrid infrastructure. With innovative technology offerings such as cloud storage, data analytics, and hybrid cloud solutions, NetApp enables businesses to maximize the value of their data.

What industries does NetApp serve?

NetApp serves a wide range of industries, including healthcare, financial services, telecommunications, retail, government, and manufacturing. Each of these sectors faces unique data management challenges, and NetApp tailors its solutions to meet the specific needs and regulatory requirements of each industry.

What is Data Fabric?

Data Fabric is NetApp's architecture that facilitates a seamless and consistent data management experience across on-premises and cloud environments. It enables organizations to access, share, and secure their data, regardless of its location, helping them enhance agility and efficiency in their operations.

What is NetApp's approach to innovation?

NetApp emphasizes innovation as a core value to stay ahead in the rapidly evolving tech landscape. The company invests heavily in research and development to continuously enhance its products and technology offerings. This focus on innovation allows NetApp to address emerging data challenges and provide cutting-edge solutions to its customers.

What is NetApp's commitment to customer support?

NetApp is dedicated to delivering exceptional customer support through a comprehensive range of services, including technical support, training, and professional services. The company aims to ensure that customers can effectively use their products and maximize value from their investments, promoting customer satisfaction and long-term relationships.

What is NetApp's relationship with Kubernetes?

NetApp has embraced Kubernetes as a pivotal technology for modern application development and data management. The company offers solutions that integrate with Kubernetes, enabling developers to manage data more efficiently in containerized environments. This approach allows organizations to scale applications dynamically while ensuring consistent data management practices across environments.

What is the future outlook for NetApp?

The future outlook for NetApp remains positive as the demand for data management and cloud solutions continues to grow. The company is consistently evolving to meet changing market needs, focusing on innovation, customer experience, and partnerships. NetApp's commitment to enabling organizations to leverage their data effectively positions it well for continued success in the industry.

What is the NetApp Partner Program?

The NetApp Partner Program is designed to build and strengthen relationships with solution providers, resellers, and systems integrators. It offers partners access to resources, training, and support to help them deliver NetApp's solutions effectively. The program aims to drive mutual growth and success by equipping partners with the tools they need to succeed in marketing NetApp products.

What is the significance of ONTAP?

ONTAP is NetApp's flagship data management software that serves as the backbone for their storage solutions. It provides data services such as high availability, data protection, and efficient storage management across hybrid and multi-cloud environments, ensuring that businesses can optimize their data storage and management processes.

When was NetApp founded?

NetApp was founded in 1992 by David Hitz, James Lau, and Michael Malcolm in Sunnyvale, California. The company started out with the aim of providing innovative solutions for data storage. Since its founding, NetApp has grown to become a global leader in data management and storage technologies.

Where is NetApp headquartered?

NetApp is headquartered in Sunnyvale, California. The company operates globally, with offices and operations in various regions, allowing them to better serve customers with local expertise and support while maintaining a strong presence in the tech hub of Silicon Valley.

Who are NetApp's main competitors?

NetApp's main competitors include major players in the data storage and management space such as Dell Technologies (including EMC), HPE (Hewlett Packard Enterprise), IBM, Hitachi Vantara, and Pure Storage. These companies offer similar products and services to manage and store data for businesses.

What is the current price of NetApp?

The current price of NetApp is 90.49

When was NetApp last traded?

The last trade of NetApp was at 4:00 pm EDT on April 2nd, 2025

What is the market capitalization of NetApp?

The market capitalization of NetApp is 19.22B

How many shares of NetApp are outstanding?

NetApp has 212.43M shares outstanding.