NetApp earns revenues of $1.630 billion for third quarter fiscal year 2013

Infotech Lead America:NetApp’s revenues for the third quarter of fiscal year which ended January 25, 2013 rose to $1.630 billion as compared to $1.566 billion for the same period a year ago.Revenues for the first nine months of fiscal year 2013 totaled $4.616 billion compared to revenues of $4.531 billion for the first nine months of the previous fiscal year.

“NetApp delivered solid financial results again this quarter. The value proposition of Data ONTAP for shared storage infrastructures and the price performance characteristics of the E-series for dedicated storage infrastructures helped drive strong growth in our branded business,” said Tom Georgens, president and CEO. “The robust adoption of clustered Data ONTAP, our industry-leading flash portfolio, and our best-of-breed partnerships position us well for continued growth.”

NetApp’s outlook for the fourth quarter of fiscal year 2013 based on current business expectations, market conditions, and continued uncertainty in the macroeconomic environment is to achieve estimated revenue for the fourth quarter of fiscal year 2013 in the range of $1.700 billion to $1.800 billion.

NetApp announced enhanced its FAS3000 storage systems and its E-Series platform to suit customers’ varied workload environments. NetApp also strengthened its partnerships with industry leaders Cisco and Citrix. Netapp announced a new integration with Amazon Web Services (AWS) was chosen to be the official data storage provider of the NFL.

Tom Georgens, president and CEO, NetApp

NetApp has acquired ionGrid, a privately-held software company based in Mountain View, Calif. To provide NetApp customers with a secure, simple to use solution for accessing enterprise file shares from mobile devices.

The new FAS3220 and FAS3250 systems introduced by Netapp help enterprises and midsized businesses that are consolidating operations onto a shared storage platform improve performance by up to 80% and increase storage capacity up to 100% over existing midrange products.

The updated E-Series platform  provides customers with the foundation to build innovative storage systems that deliver superior performance for the most challenging big data workloads.

The partnership expansion of NetApp and Cisco includes efforts in technology integration, solution development, and continued go-to-market collaboration to make it easier for customers to deploy and access next-generation cloud infrastructure solutions.

NetApp’s collaboration with Amazon Web Services helps customers connect their existing infrastructure to the AWS cloud. Customers can replicate data from on-premise NetApp storage environments to NetApp Private Storage, and through AWS Direct Connect they can leverage on-demand cloud services.

Citrix ShareFile customers now have access to NetApp FAS and V-Series storage systems running clustered Data ONTAP. This will allow customers  to leverage NetApp Data ONTAP software to access data, scale performance and capacity, reduce data center footprint, and reduce costs.

Starting with Super Bowl XLVII in New Orleans on February 3, 2013, NetApp kicked off a two-year relationship with the NFL as the official data storage provider of the NFL.

The Sauber F1 Team leverages a FlexPod architecture and NetApp MetroCluster solution for the reliability, simplicity, efficiency, and high availability required to help drive the team’s success.

NetApp was ranked #6 on FORTUNE magazine’s “100 Best Companies to Work For” list for 2013, For the second consecutive year. This is the fifth consecutive year that NetApp has ranked in the top 10 and in the top 15 for the seventh consecutive year.

Cisco and NetApp to deliver new converged infrastructure innovation

NetApp recently announced partnership with Cisco to deliver new converged infrastructure innovation to unify branch office, data center and public cloud infrastructures under the FlexPod architecture.

The partnership expansion includes efforts in technology integration, solution development, and continued go-to-market collaboration.

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