SOURCE: The Bedford Report

The Bedford Report

September 16, 2011 08:16 ET

Brocade and NetApp Look to Put Gloomy Summer Behind Them

The Bedford Report Provides Equity Research on Brocade Communications & NetApp

NEW YORK, NY--(Marketwire - Sep 16, 2011) - Shares of companies in the data storage industry had a difficult summer as reports of lowered demand for information storage scared off many investors. On the upside, there are trends emerging that suggest these companies could rebound as businesses continue to look to offsite data storage and turn to cloud computing to lower their IT costs. The Bedford Report examines the outlook for companies in the Computer Storage Devices Industry and provides stock research on Brocade Communications Systems, Inc. (NASDAQ: BRCD) and NetApp, Inc. (NASDAQ: NTAP). Access to the full company reports can be found at:

www.bedfordreport.com/BRCD

www.bedfordreport.com/NTAP

Cloud storage is a model of storage where data is stored on multiple virtual servers, generally hosted by third parties. Driven by the growth of cloud computing, cloud storage is rapidly growing from a small percentage of the IT market to a significant opportunity. According to AMI Partners' report, US SMB Playbook, the surge of cloud computing is growing rapidly, with the market for hosted storage set to increase 11 percent yearly until 2015. Cloud computing is highly appealing to today's organizations, not only because of its projected cost savings but also because of the cloud's flexibility.

The Bedford Report releases equity research on the Computer Storage Devices industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Brocade's "CloudPlex" cloud architecture is an open framework for building virtualized data centers that combines computing, storage and networking components into a single converged architecture, bringing the storage and IP networking vendor into the converged infrastructure market.

According to NetApp, the company's virtualized storage management "OnCommand" simplifies cloud storage for end-user customers through a range of services, and is able to replicate the offering in several places.

The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.bedfordreport.com/disclaimer.

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