App Inc (NTAP) is a leading provider of storage systems and data management solutions for IT infrastructures. The company's products helps its clients manage and store the increasing amount of data that is generated in today's digital world. We are now entering an era of big data in which the amount of data processed and stored by enterprises is pressuring traditional storage architectures. NTAP provides products and solutions optimized to handle growing analytics, bandwidth and content workloads. Economic pressures are depressing IT budgets around the world which has stalled NTAP's previously robust growth trajectory, particularly because Europe and the public sector are key markets for NTAP. Despite these pressures and significant competition from EMC and others we believe that NTAP is well-suited to compete in the midrange and lower-end storage systems space.
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