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Netapp Inc   (NTAP)
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    Sector  Technology    Industry Computer Networks
   Industry Computer Networks
   Sector  Technology

Netapp Inc 's

Competitiveness


 

NTAP Sales vs. its Competitors Q2 2021



Comparing the results to its competitors, Netapp Inc reported Total Revenue increase in the 2 quarter 2021 by 11.9 % year on year.
The sales growth was above Netapp Inc 's competitors average revenue growth of 10.66 %, recorded in the same quarter.

List of NTAP Competitors

With net margin of 13.85 % company achieved higher profitability than its competitors.

More on NTAP Margin Comparisons



Revenue Growth Comparisons




Net Income Comparison


Netapp Inc Net Income in the 2 quarter 2021 grew year on year by 162.34 %, faster than average growth of Netapp Inc 's competitiors of 8.72 %

<<  More on NTAP Income Comparisons


Netapp Inc 's Comment on Competitors and Industry Peers


We compete with many companies in the markets we serve, including companies that offer a broad spectrum of IT products and services (full-stack vendors) and others that offer a more limited set of storage and data management products or services. Our system products and associated software portfolio mainly compete with storage system products and data management software from Dell, EMC, HDS, HP, and IBM. In the OEM market we compete against many of those same companies as well as Dot Hill and Xyratex.

By extending our flash and software-defined storage offerings, we are competing in new segments with both traditional competitors and new competitors. Smaller, emerging storage vendors include Nimbus Data, Skyera, and Violin Memory in the all-flash array segment and NexGen, Nimble Storage, Tegile, and Tintri in the hybrid flash array segment. The longer-term potential and competitiveness of these emerging vendors remains to be determined. In cloud and converged infrastructure, we also compete with large well-established competitors, including EMC, HP, and IBM.

An increase in industry consolidation might result in stronger competitors that are better able to compete as sole-source vendors for customers. In addition, current and potential competitors have established or might establish cooperative relationships among themselves or with third parties, including some of our partners. It is possible that new competitors or alliances among competitors might emerge and rapidly acquire significant market share. The IT storage market is also experiencing a recent change in the way that storage services are consumed due to technology transitions and changing economic and business environments. Customers now have the option of engaging with cloud service providers to provide storage as an operating expense rather than storage systems for their data centers. Recent technology trends, such as the emergence of hosted (or “cloud”) storage, software as a service (SaaS) and flash storage are driving significant changes in storage architectures and solution requirements. The impact of these trends on both short-term and long-term growth patterns in the markets in which we compete is uncertain.

We consider innovation and our technological partnerships to be key to our competitive differentiation. We are committed to being the best-in-class storage vendor and partnering with other industry leaders in delivering leading cloud, converged infrastructure, and integrated solutions that provide customers with the best applications and technologies available. To offer customer support for our converged architectures, we offer a cooperative support model with our partners.
We believe the advantages of our products include functionality, scalability, performance, flexibility, quality, and operational efficiency. We believe our advantage also includes the nature of the relationships we form with our customers and partners worldwide. We strive to deliver an outstanding experience in every interaction we have with our customers and partners through our product, service, and support offerings, which enable us to provide our customers with a full range of expertise before, during, and after their purchase.





  

Overall company Market Share Q2 2021

Company's competitiveness improved within Overall company, with revenue growth of 11.9 % and its market share increased to approx. 1.51 %.

<<  More on NTAP Market Share.
 

*Market share calculated with total revenue.


NTAP's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Netapp Inc 5,798 20,761 655 12,810
Scandium International Mining Corp 0 0 -2 70,000
Dell Technologies Inc 98,022 87,223 6,613 0
International Business Machines Corporation 74,401 114,951 5,334 379,592
Cisco Systems Inc 49,818 235,965 10,591 70,000
Unisys Corp 2,099 1,649 -483 23,200
Intel Corporation 78,474 197,272 21,102 106,700
Accenture Plc 50,533 229,832 5,991 275,000
Advanced Micro Devices Inc 13,340 151,450 3,436 10,671
Avid Technology Inc 384 1,340 26 1,522
Cleartronic Inc 2 28 0 8
Falconstor Software Inc 15 18 2 81
SUBTOTAL 372,886 1,040,490 53,265 949,584


       
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