NetApp operates primarily through two business segments: Hybrid Cloud and Public Cloud. The Hybrid Cloud segment, which accounts for approximately 90% of total revenue, offers a unified data storage portfolio of hardware, software, and related support services designed to modernize data centers. The Public Cloud segment provides cloud storage and data services delivered primarily as-a-service, partnering with major hyperscalers like AWS, Microsoft Azure, and Google Cloud. Originally known for pioneering network-attached storage (NAS) appliances, NetApp has evolved into a cloud-led, data-centric software company. Its core technology includes the proprietary ONTAP operating system, which enables seamless data management and AI-ready infrastructure across diverse IT environments.
