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Anatomy of a Business Plan, Business Plan Example
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You are free to use it as an inspiration or a source for your own work.
Strategic Analysis and Market Justification
Data collection and storing are two different procedures embraced by the world today especially in relation to utilizing the most convenient options by which data is kept through the most convenient portal that individuals [and even institutions could use] to be able to make sure that data they own are kept and secured accordingly. Relatively, it could be understood that somehow, the internet currently provides the most convenient and the most efficient process of establishing remote data storage system that is readily accessible for the public to use (Parker & Massiglia, 2002). Most often than not, seekers of such form of data storage choose the said option of technological operations and features come from different backgrounds and are motivated to appreciate such options based on many different reasons.
NetApp’s platform for business tries to cater to most individuals and institutions needing such form of assistance. Most likely, it is the commencement of technological development that makes it easier for the justification of market operation to be well defined according to the condition by which NetApp operates to support the needs of the public accordingly (Berkem, 2008). Relatively, with the emerging culture of businesses and other institutions being managed and run online, it could be observed that NetApp’s backbone for business does create a massive insistence on how modern data-storage options are embraced accordingly, thus shaping the world’s understanding of what effective computing and efficient use of internet is all about.
Trends in market
The current trend in the market that NetApp tries to target and serve is shaped by the emergence of the desire of individuals to acquire virtual conditions by which the data they own are kept online for the sake of immediate access whenever needed and necessary (netapp.com). Institutions established online and are managed through the internet as well; also intend to embrace such pattern of operation. Relatively, it could be understood that the emergence of several developments through market adjustments continue to implicate a sense of distinction especially in the hope of changing the pattern of improvement that the organization takes into account in consideration to what the market demands for through the changing tides of time.
Changes in customer preferences
As the company tries to embrace different forms of operation, especially dedicated to the most effective essence of providing what the public needs, it is expected that NetApp would need to adjust to the differential considerations that shape the overall construct of the business that they operate along with. Serving individual clients presents a distinctively different challenge and requirement apart from serving an organization or a company that needs extra virtual data storage system and operation (. It could be understood that with the differential preferences of the market or clients served by NetApp, distinct responses are also expected to come off from the organization as it tries to engage in a well-developed system of industrial conditioning. Through the application of suggestive marketing, NetApp might do well to determine the path of growth that the organization is supposed to embrace.
Current and anticipated competition
Organizations offering different platforms of data-storage system online do create a distinct pattern of differences depending on the features they tend to present the market with. Practically, the world today faces the challenge of responding to the desire by which competition among market players are seen at a much serious pace. Relatively, the data-storage system that the organization provides its clients with is a much better version of whatever is considered as an important aspect of better virtual storage management. The competition between the organization and other businesses in the industry continues to tighten up because of the added features; relatively, it could be realized that the need to pitch through a differential pattern of improvement is necessary enough to take on a better aspect of developing a good essence of online virtual data storage, distribution and management.
Business Model
The strategic business model is rather considerably related to how the organization embraces its capacity to become one of the most sought after providers of data-storage system through online connections (Pinson, 2004). Relatively, in the case of NetApp, embracing the right option of strategy to use for the development of good business management and marketing approach plays a great part in assuming the growth of the organization according to the demands and the direction that the market leads it to.
This business model has been chosen to identify well with the operation of NetApp because of its connection to the emergence of good application designs that are established to particularly make a distinction on how definite growth in the virtual industries could be duly assumed. Most likely, it is with the emergence of this notion that virtual organizations are able to thrive through the differential pattern of development that the e-industry embraces according to the option by which modern business operations are designed and accepted to have been insistent of how implicative courses of business growth are being applied by most organizations at present (Berkem, 2008). With such a model of business management, NetApp is sure to get the best benefits from embracing a course of business culture that is dependent on virtual connections and communications.
References
Pinson, Linda. (2004). Anatomy of a Business Plan: A Step-by-Step Guide to Building a Business and Securing Your Company’s Future (6th Edition). Page 20. Dearborn Trade: Chicago, USA.
Parker, Richard, Paul Massiglia (2002), Storage Area Network Essentials(New York: John Wiley and Sons).
Berkem, Birol. (2008).From the Business Motivation Model to Service Oriented Architecture.Journal Of Object Technology vol.7, no.8.
NetApp Website. http://www.netapp.com/us/company/our-story/index.aspx. (Retrieved on December 22, 2014).
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