Network Appliances CEO: Managing Growth Is Biggest Issue
September 12, 2000
Dow Jones Newswires
NEW YORK -- The network-attached storage market is growing beyond analysts' expectations of 70% a year, said Daniel Warmenhoven, chief executive of Network Appliance Inc. (NTAP).
In a CNBC interview Tuesday, Warmenhoven said the company was "growing at over 100%" because network-attached storage is a superior solution to server-attached storage for solving data management infrastructure issues.
Warmenhoven said one of the biggest challenges the growth rate presents for the company is how to execute and manage the growth.
"It stresses every aspect of the systems, whether it be finding enough people to lead the organization, whether it's infrastructure" and finding space for offices, he said.
Warmenhoven said investors should be on the lookout for a new generation of storage systems, unveiled by his company Tuesday, that run at a capacity of 12 terrabytes, suitable for enterprise-scale environments.
-Shaheen Pasha, Dow Jones Newswires; 201-938-2312; shaheen.pasha@dowjones.com |
