NetApp, Inc.

Enterprises that need to store and move large volumes of data are NetApp's core customers. Founded in 1992 and based in San Jose, the company made its name selling storage arrays built around its ONTAP operating system, hardware that sits in corporate data centers holding the files, databases and backups a business runs on. As workloads moved to the cloud, NetApp repositioned around hybrid storage, striking deals so its technology runs natively inside the Amazon, Microsoft and Google clouds, plus an all-flash lineup for faster performance. It competes with Dell and Pure Storage, and its results track enterprise IT budgets and the multi-year refresh cycles that drive hardware buying. The recurring pull is that once a company's data lives on NetApp systems and workflows, replacing them is disruptive, which gives the installed base a stickiness that supports steady service revenue.

On MyRWA, NTAP trades tokenized across 2 on-chain venues - see the listings below.