NETWORK APPLIANCE CONTINUES HIGH GROWTH RATES.Network Appliance Inc is continuing its impressively high growth rates, with second quarter revenues up 71% from the same period last year to $65.6m. Income was also up 71% from last year to $8.4m. At the start of the quarter, the Santa Clara, California- based company introduced its new F700 Filer NFS (Network File System) The file sharing protocol in a Unix network. This de facto Unix standard, which is widely known as a "distributed file system," was developed by Sun. See file sharing protocol and WebNFS.NFS - Network File System and CIFS (Common Internet File System) The file sharing protocol used in Windows. It evolved out of the SMB (Server Message Block) protocol in DOS, which is why the terms CIFS/SMB and SMB/CIFS are sometimes seen. The word "Internet" in the CIFS name has little relevance. network server product family, and says that it quickly built it up to account for over 50% of new business during the quarter. NetApp now has three market for its appliances: the database market, supporting Oracle Corp and, more recently, Sybase Inc; the Windows only market, bolstered after the quarter closed by two lucrative OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and agreements from Dell Computer Inc and Fujitu Ltd; and the web cacheing market, driven particularly by the European internet service providers, who are battling against high charges for bandwidth. "We still have strong growth opportunities," said NetApp CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Dan Warmenhoven, "we are neither product or market constrained." In the US, he said, the web caching business is being driven by the adoption of fast networking technologies such as DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary or cable modems. The Windows-only market is set to take off in NetApp's next fiscal year, by which time both Dell and Fujitu will be ready to ship their own re-badged NetApp servers. NetApp says 60% of its business was fibre-channel-based. |
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