NETGEAR named worldwide leader for SMB storage by revenue

NEW DELHI, INDIA: NETGEAR, Inc., a worldwide provider of technologically innovative, branded networking solutions, today announced that Gartner has confirmed that NETGEAR is now the worldwide leader in sub-$5,000 business Network-Attached Storage (NAS) systems and that it ranks among the top six vendors in the overall business NAS market.

Gartner's April 2009 report, "Market Share: Network Attached Storage/Unified Storage, Worldwide, 2009" details this market leadership as part of an examination of total revenues and units shipped in 2008. This evaluation places NETGEAR among the leaders in the industry.

"NETGEAR is proud to announce our rankings in this report. We believe Gartner's evaluation represents our strong presence and robust growth in the storage market," said Drew Meyer, NETGEAR's director of storage product marketing. "More importantly, we feel this report recognizes the strength and quality of the ReadyNAS line of storage appliances. NETGEAR is fully committed to delivering our small and medium business (SMB) customers and channel partners the most advanced and reliable storage platforms in the industry."

In the report, Gartner compared NAS/unified storage solution vendors' end-of-year results from 2008 to those of 2007 and found that NETGEAR consistently ranked highly. For vendors with solutions priced at less than $5,000, Gartner estimated that NETGEAR had taken 23 per cent of the market share in terms of vendor revenue. Amongst vendors with solutions priced at less than $25,000, NETGEAR was ranked third in vendor revenue, delivering a revenue growth rate in excess of 127 percent. Finally, NETGEAR proved its high standing by outpacing traditionally strong storage competitors when 'comparing revenues across all major NAS vendors.

“Although NETGEAR had been providing enterprise storage products for a longtime, it was very much underestimated. Thanks to Gartner that they have tracked our success and growth. It will surely give confidence to the customers and the channel partners to invest in NETGEAR storage products. Our focus is to serve the SMB market with solutions that is in and around the networking. Today, storage is an integrated part of the networks. We are happy that we have been pretty successful in providing the right solutions for the SMBs,” said, Atul Jain, Country Manager, NETGEAR India and SAARC.

NETGEAR's ReadyNAS products have received high acclaim since their introduction to the market - winning such esteemed awards as CRN's 2008 "Best Product of the Year" for storage and Small Business Computing's 2009 "Excellence in Technology" award for network-attached storage, as chosen by readers. NETGEAR's ReadyNAS appliances are available via  Rashi Peripherals and Ingram Micro, the authorized distributors of  Netgear in India and come with full 24/7 technical support and an industry-leading five-year warranty.