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Banking on Experience: How Customers Are Revolutionizing Financial Services

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The revolution sweeping through financial services has brought new purely digital players to the market and is driving massive change through traditional banks and other financial institutions. Across the globe, customers’ digital experience is reshaping traditional banking services and relationships, and the Asia Pacific region is leading this transformation.

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Partly in response to a pandemic that closed bank branches worldwide, customers are demanding almost every service to be available digitally, and in most cases, via a mobile app. Every bank is becoming a digital bank. Markets that have had a large unbanked population have, over the last few years, leapfrogged directly into mobile banking, bypassing traditional banking.

According to <a href="https://www.mckinsey.com/industries/financial-services/our-insights/future-of-asia-the-future-of-financial-services">McKinsey’s 2021 Personal Finance Survey</a>, the share of consumers in Asia actively using digital banking has jumped to 88% this year, compared to 65% four years ago. More than 60% of Asian consumers are now open to switching to a digitally-focused “direct” bank, McKinsey reports.

And financial services companies are raising their digital game. In VMware’s own <a href="https://www.vmware.com/asean/company/news/releases/2021/Gearing_Up_for_Growth_Go_Digital_First.html">Digital Frontiers 3.0 study</a>, more than half of respondents said financial services groups in Southeast Asia had improved digital services compared to before the pandemic.

The big digital shift has helped open the door for fintech players like <a href="https://www.antgroup.com/en">Ant Group</a> in China, <a href="https://www.bankbazaar.com/">BankBazaar</a> in India and <a href="https://www.afterpay.com/">Afterpay</a> in Australia to enter the market. It’s a market where the big digital names like PayPal, Stripe and India’s Paytm have already carved out substantial businesses. Along with China’s AliPay and WeChat Pay, which have been acknowledged as global leaders in fintech scale and innovation for some time.

To keep up with the disruption, traditional banks are innovating at a rapid pace and expanding their scope beyond traditional finance and are beginning to offer services that look more like those of pure fintechs. In Singapore, DBS’ PayLah app offers anything from simple payments to food orders and purchasing of public transport fares, while Thailand’s Kbank has teamed up with Grab for its own e-wallet service offering payments and loans. Services like PayNow in Singapore and the New Payments Platform in Australia allow customers of multiple banks to make payments to each other using only mobile phone numbers. Chinese giant Ping An, which started life as a conventional insurer, has become a technological powerhouse offering services across areas as diverse as healthcare, auto services and real estate. In India, HDFC Bank offers AI-powered 10-second car loan approvals.

Customer-Driven Transformation

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One of the major drivers of the success of the new fintech players is their superior customer experience and ease of use. Traditional banks are innovating faster than ever to improve customer experience.

At VMworld, several leading financial institutions shared how they are transforming to become digital-led banks. Customer experience is key, powered by a move away from legacy infrastructure to agile, cloud-based platforms to keep up with what customers want.

In my discussions with banking technology leaders, there were some key common themes among their transformation strategies that stood out:

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Eyeing the democratization of finance and greater competition, regulators around the Asia Pacific region seem keen to encourage the growth of new digital financial services. In this environment, some banks are even planning to shift their core banking systems into the cloud—something that would have seemed unlikely not that long ago. More regulatory leeway is also increasing the speed of change, which is adding to the pressure on all players to keep up.

And all this is happening in an environment of greatly increased competition. As well as the new breed of fintechs, companies from other industries, such as telco, are also beginning to offer financial services to their large existing customer bases.

“We are a tech company with a banking license,” is something we now hear all the time as traditional banks embrace tech and forge partnerships to compete in this new marketplace.

We are witnessing some of the biggest changes in financial technology since banks first computerized in the middle of last century and are heading into an exciting and customer-driven new era.

Digital banking trends are reshaping traditional banking services and relationships. The Asia-Pacific region is leading this transformation.

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Companies Expand Partnership to Help Meet Customers’ Data Sovereignty and Interoperability Needs, and Align with Gaia-X Principles

PARIS, France and PALO ALTO, Calif., USA (4 May 2022) - Atos and VMware, Inc. (NYSE: VMW) today announced an extension of the companies’ <a href="https://atos.net/en/about-us/partners-and-alliances/vmware" target="_blank" rel="noreferrer noopener">strategic partnership</a> by working to deliver an integrated set of capabilities to help speed up the development of “Data Spaces”. Data Spaces are platforms that allow for greater exchange, collaboration, and monetization of data between organizations or industries, independently of the underlying infrastructure, whilst enabling data sovereignty and interoperability.

With the VMware and Atos collaboration effort on Data Space development, the companies plan to deliver an integrated set of capabilities that help enable data and industry applications to be used and shared more strategically to boost national and regional digital economies. The expanded collaboration will deliver capabilities aligned to the <a href="https://www.gaia-x.eu/" target="_blank" rel="noreferrer noopener">Gaia-X</a> architecture and serve as a key enabler and booster of the Gaia-X initiative, which seeks to accelerate the exchange of data through new digital platforms that comply with common rules.

Atos and VMware plan to combine VMware’s multi-cloud and app modernization capabilities with the Atos cloud, as well as cybersecurity expertise and technology integration from Atos. The capabilities are designed to provide businesses and industries with the key building blocks to rapidly design, develop, deploy, better secure, and manage Data Spaces that are compliant with jurisdictional data governance requirements. Organizations can also utilize and monetize existing data to create machine learning and artificial intelligence services, and enable new industry-specific services for:

“With a comprehensive set of data space capabilities from VMware and Atos, organisations will gain access to a viable and rapid way to more securely share, manage and monetize their data,” said Laurent Allard, Head of Sovereign Cloud EMEA, VMware. “Today’s world is multi-cloud. Aligned to the principles of Gaia-X, the suite of capabilities will be designed to deliver the interoperability, reversibility and security required for European businesses and industries to create value from data and drive their digital ambitions faster.”

“VMware and Atos are long-term partners and share a commitment to helping organisations drive value from data,” said Frédéric Malicki, CTO, Southern Europe, Atos.  “By supporting the acceleration of Data Space development and data sovereignty with the capabilities from VMware and Atos, we expect to give customers the tools to drive value not just from their own data, but also from federated data, collaboratively with partners and peers. Organizations can transform existing data into new services that, for example, could help farmers better predict the weather or human health organizations improve living conditions for the elderly with automated energy management.” 

The capabilities provided by VMware and Atos are expected to include:

These capabilities will be supported by the reversibility, interoperability, and portability VMware’s cloud partners deliver. With data hosted on a common peer-to-peer framework to ensure the compatibility of architecture between cloud providers, organisations can place their data with any of the participating cloud providers to take full advantage of the services they offer, while retaining the ability to move apps or federate data on other cloud provider platforms as required.

For more information on the VMware and Atos Data Space Development Suite please contact <a href="mailto:gaia-x@vmware.com" target="_blank" rel="noreferrer noopener">gaia-x@vmware.com</a>

Atos is a global leader in digital transformation with 111,000 employees and annual revenue of c. € 11 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 71 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is an SE (Societas Europaea), listed on Euronext Paris and included in the CAC 40 ESG and Next 20 indexes. The <a href="https://www.globenewswire.com/Tracker?data=m1nofXTYD1NcguvRHtee6anbEw7WDHXH-ZnB559sOBGAT3tlWKIWLSlG-asSy-ZgwFpAIIXlyBmiz-UILfwnEkRHHl_moyNl7ZU15IqdMKA=" target="_blank" rel="noreferrer noopener">purpose of Atos</a> is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company’s 2030 Agenda. For more information, please visit <a href="http://www.vmware.com/company">www.vmware.com/company</a>.

VMware, Cloud Foundation, and Tanzu are registered trademarks or trademarks of VMware, Inc. in the United States, and other jurisdictions. This article may contain hyperlinks to non-VMware websites that are created and maintained by third parties who are solely responsible for the content on such websites.

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VMware and Atos extend strategic partnership to deliver an integrated set of capabilities to help speed up the development of “Data Spaces”.

VMware & Atos extend strategic partnership to deliver an integrated set of capabilities to help speed up the development of “Data Spaces”

Atos and VMware Join Forces to Help Organizations and Industries Derive Value from Data More Easily - VMware News and Stories

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VMware Sovereign Cloud Initiative Grows to 14 partners

VMware Launches New App Modernization and Data Services for All VMware Cloud Providers

PALO ALTO, Calif. – April 27, 2022 – The growing importance of data sovereignty, scrutiny of data access and control, and increasing geo-political friction is leading governments and regulated industries to closely analyze their cloud strategies and evaluate whom may have access to their data. The VMware Sovereign Cloud initiative helps customers identify and engage with trusted national or regional cloud service providers to meet their unique sovereign cloud requirements. Today, VMware, Inc. (NYSE: VMW) is announcing the expansion of the initiative with new partners, as well as new cloud-native developer-centric capabilities that bring more value to all VMware Cloud provider offerings.

The newest VMware Sovereign Cloud designated partners are <a href="https://cloud.vmware.com/providers/cloud-providers/ionos-se?servicename=Sovereign%20Cloud&dc=QmVybGluLCBHZXJtYW55" target="_blank" rel="noreferrer noopener">IONOS SE</a>, <a href="https://cloud.vmware.com/providers/cloud-providers/saudi-telecom-company-stc?servicename=Sovereign%20Cloud&dc=Uml5YWRoLCBTYXVkaSBBcmFiaWE=" target="_blank" rel="noreferrer noopener">Saudi Telecom Company (STC)</a>, <a href="https://cloud.vmware.com/providers/cloud-providers/sopra-steria-as?servicename=Sovereign%20Cloud&dc=T3NsbywgTm9yd2F5" target="_blank" rel="noreferrer noopener">Sopra Steria AS</a>, and <a href="https://cloud.vmware.com/providers/cloud-providers/telecommunications-regulatory-authority?servicename=Sovereign%20Cloud&dc=RHViYWksIFVuaXRlZCBBcmFiIEVtaXJhdGVz" target="_blank" rel="noreferrer noopener">TDRA</a>. This brings the total to <a href="https://cloud.vmware.com/providers/sovereign-cloud" target="_blank" rel="noreferrer noopener">14 participants in the VMware Sovereign Cloud initiative</a> in distinct sovereign regions covering Canada, Mexico, Sweden, Norway, United Kingdom, Germany, Spain, Italy, New Zealand, Australia, Saudi Arabia, UAE, India, and the United States.

“We are pleased to welcome new partners to our Sovereign Cloud initiative and see existing partners demonstrate momentum in meeting the sovereign cloud requirements of customers around the world,” said Rajeev Bhardwaj, vice president of product management, cloud infrastructure business group, VMware. “New data services from VMware Tanzu will enable all our VMware Cloud provider partners, particularly, sovereign cloud-focused partners, to expand their data and application transformation portfolios and accelerate cloud adoption. This will allow customers to remain within sovereign regions and jurisdictional control while achieving cutting edge transformation at scale.”

Customers Worldwide Turn to Sovereign Clouds built on VMware

VMware Cloud providers offer sovereign cloud solutions for customers in regulated industries, such as banking and finance, healthcare, local retail and ecommerce, energy, government services, defense, intelligence, regional telecom, and public sectors.

Hummingbird, an Australian IT services company providing a range of business enhancing services across government and the private sector, partnered with AUCloud as a sovereign cloud provider. “Providing digital and managed services solutions across a broad range of industries, it is imperative that we meet the constantly evolving challenges of data protection, availability and governance,” said Andrew Thomlinson-Munn, Solutions Architect, Hummingbird Solutions. “Hummingbird Solutions choose to work with AUCloud as an IaaS provider for their strength in delivering hosting solutions on a proven platform with VMware and their ability to provide a sovereign cloud solution to conform to our customer's internal and regulatory compliance requirements. Working with AUCloud, which is part of the VMware Sovereign Cloud initiative, provides Hummingbird with the confidence that we are backed by a best-in-class infrastructure solution, with a partner that has the skills and expertise to complement our own.”

Nimble, a leading Canadian supplier of document imaging products, services, and solutions, teamed with ThinkOn to meet the company’s cloud sovereignty requirements. “The success of any digital mailroom or document digitization solution relies heavily on the accuracy, security, and accessibility of the digitized documents,” said Daryl Stott, VP Digital Transformation, Nimble Information Strategies Inc. “Not only does that extracted data need to be highly accurate, but the authority, control, and accessibility of this data must reside within Canadian Federal and Provincial boundaries to meet the data residency obligations of Nimble Information Strategies customers. Nimble partners with ThinkOn to align our data residency and security business needs with the strict data sovereignty demands and expectations of our clients.”

Geoff Smith Associates (GSA) is a leader in supplying cloud-hosted IT solutions for Information Management, Covert Systems, Criminal Justice, and Case Management. “Working extensively with the UK public sector requires GSA to operate within certain guidelines for cloud security and data privacy,” said Geoff Smith, Managing Director, Geoff Smith Associates. “GSA’s ability to deliver our SaaS offering on UKCloud’s sovereign cloud technology has helped transform information management for some of the many UK Policing customers. With GSA’s CycFreedom fully hosted cloud solution on UKCloud, we serve customers with agile, efficient, and cost-saving solutions for more secure and compliant management of their data.”

New Developer-Ready Cloud Services Powered by VMware Tanzu

With VMware, cloud providers can extend beyond basic infrastructure and platform as a service and offer managed app modernization services for cloud-native workloads. Cloud providers can offer fully managed developer-ready clouds on the customer’s premises; hosted private clouds in partner data centers; or as a managed service on leading hyperscaler clouds. VMware is now offering <a href="https://tanzu.vmware.com/application-platform" target="_blank" rel="noreferrer noopener">VMware Tanzu Application Platform</a> and <a href="https://tanzu.vmware.com/data-services" target="_blank" rel="noreferrer noopener">VMware Tanzu Data Services portfolio</a> for cloud provider partners to expand their developer-ready cloud services.

Tanzu Application Platform provides a rich set of developer tooling and a fast and simple path to production for developers to build and deploy software quickly and more securely on any compliant public cloud or on-premises Kubernetes clusters. Developers can start quickly with preconfigured templates, gain access to best-in-class tools in the application development pipeline, and create and maintain a more secure, sustainable, and reusable pathway for modern applications throughout their lifecycle. Importantly, customers can establish a clear separation between developers and operations for seamless app handoffs from development to production.

Tanzu Data Services is a portfolio of on-demand caching, messaging, and database software for development teams to use while building modern cloud-native applications. With Tanzu Data Services, which include Greenplum, SQL, Gemfire, and RabbitMQ, developers gain on-demand self-service access to these critical data services. Automated provisioning supports rapid development, testing, and continuous delivery practices for a consistent developer experience within Sovereign Clouds. Customers can bring legacy data into the cloud native model and more reliably run data services at web scale.

Data Protection and Security Offerings from Ecosystem Partners

VMware’s large technology ecosystem helps ensure that sovereign cloud providers have a wealth of solutions to augment their offerings. Through VMware Cloud Director, VMware Cloud providers can easily leverage ecosystem partners to deliver integrated services, creating a robust platform to meet many sovereign cloud principles. VMware is working within this connected ecosystem to provide new capabilities in the following areas:

VMware, VMware Sovereign Cloud, and Tanzu are registered trademarks or trademarks of VMware, Inc. in the United States, and other jurisdictions. This article may contain hyperlinks to non-VMware websites that are created and maintained by third parties who are solely responsible for the content on such websites.

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VMware announces new Sovereign Cloud initiative partners and new Tanzu capabilities for VMware Cloud Providers

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VMware Helps Cloud Providers Globally Capture the Demand for Sovereign Cloud Services - VMware News and Stories

VMware Helps Cloud Providers Globally Capture the Demand for Sovereign Cloud Services

VMware announces new Sovereign Cloud partners and new Tanzu capabilities for VMware Cloud Providers

With Alibaba Cloud VMware Service, Customers can Modernize Apps with Better Economics and Less Risk

BEIJING, China and PALO ALTO, Calif., (April 20, 2022) — Alibaba Cloud and VMware, Inc. (NYSE: VMW) today announced the next evolution of Alibaba Cloud VMware Service, a jointly-developed public cloud service. With Alibaba Cloud VMware Service, enterprises across China can accelerate enterprise cloud transformation to support digital innovation with lower costs and risk.

Alibaba Cloud VMware Service enables enterprises in China to migrate and modernize applications faster and seamlessly move workloads between on-premises VMware environments and Alibaba Cloud at scale. Alibaba Cloud VMware Service is operated by Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group. The service features the power of the entire VMware Cloud stack running natively on Alibaba Cloud’s advanced infrastructure to maximize performance, availability, security and increase workload density. Customers can use a consistent VMware Cloud platform that can support vMotion migration of workloads to Alibaba Cloud VMware Service with zero disruptions.

“In today’s app-driven economy, more and more Chinese enterprises are adopting a hybrid cloud model to accelerate their digital transformation,” said Mark Lohmeyer, senior vice president and general manager, Cloud Infrastructure Business Group at VMware. “Alibaba Cloud VMware Service helps customers modernize applications, infrastructure and operations faster with demonstrable economic benefits and less risk.”

“Alibaba Cloud VMware Service enables enterprises to seamlessly migrate workload to cloud and reduce the costs of both operations and migration,” said Ms. Lijuan Chen, Vice President of Alibaba Group. “It also helps enterprises leverage leading cloud technologies to further unlock the benefits of digital transformation.”

With the integration of VMware’s innovative technologies and Alibaba Cloud services, Alibaba Cloud VMware Service is an ideal cloud platform on which to run enterprise applications, featuring:

“Seeing the benefits of the public cloud, we considered adopting hybrid cloud for our environments, but initially there wasn’t a consistent public cloud platform with the same VMware architecture,” said Mr. Ming Xu, deputy director of process and IT department at United Automotive Electronics Co., Ltd. “After deploying Alibaba Cloud VMware Service, we solved many challenges including enabling seamless cloud migration with no negative effects on the core business, efficiently managing simultaneous environments on and off the cloud, and removing the high cost of data center operations. The service also enhanced elastic scaling and rapid expansion of VMware resources on the cloud.”

About Alibaba Cloud

Established in 2009, Alibaba Cloud (www.alibabacloud.com) is the digital technology and intelligence backbone of Alibaba Group. It offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualization services, large-scale computing, security, management and application services, big data analytics, a machine learning platform and IoT services. Alibaba Cloud is China’s leading provider of public cloud services by revenue in 2019, including PaaS and IaaS services, according to IDC. Alibaba Group is the world’s third leading and Asia Pacific’s leading IaaS provider by revenue in 2020 in U.S. dollars, according to Gartner’s April 2021 report.

VMware, vMotion, vSphere, and VMware Cloud are registered trademarks or trademarks of VMware, Inc. in the United States, and other jurisdictions. This article may contain hyperlinks to non-VMware websites that are created and maintained by third parties who are solely responsible for the content on such websites.

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Alibaba Cloud and VMware today announced the next evolution of Alibaba Cloud VMware Service, a jointly-developed public cloud service.

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Alibaba Cloud and VMware Deliver Next-Generation Alibaba Cloud VMware Service to Accelerate Digital Innovation - VMware News and Stories

VMware Research Reveals Agencies are Navigating Compliance, Security and Upskilling Employees Amid Cloud Adoption

Today, at the <a href="https://upgather.com/vmware/public-sector-innovation-summit/">Public Sector Innovation Summit</a>, VMware announced findings from a study on how government agencies are scaling use of multi-cloud environments for mission success. The study, titled “<a href="https://www.vmware.com/learn/1380503_REG.html?src=wb_624ed0c315228&cid=7012H000001KaLSQA0">Multi-cloud Is The New Frontier Of Government IT</a>," conducted by Forrester Consulting, found while the move to multi-cloud is a priority, agencies face challenges supporting growing cloud environments, including compliance standards, data security and upskilling employees.

A ‘Cloud‑Smart’ Approach for the Public Sector

The survey captures responses from more than 500 agency leaders and IT decision-makers at federal, state, and local governments in the United States and Canada and discovered that while agencies are accelerating cloud adoption, multi-cloud environments are far more diverse, complex, and distributed than anything organizations have managed in the past. This can create barriers or force trade-offs between moving fast and managing risk. The challenge lies in finding the right tools and platforms to meet agency demands and keep data and processes safe and compliant. The study found when selecting cloud platform providers, the top priorities for agencies were: 

Talent Paired with Technology

To achieve a faster and smarter path to multi-cloud, agencies are focused on scaling security and upskilling employees in tandem with cloud adoption. More than half of agencies (57%) expressed concern about data security as they look to increase cloud adoption and 65% of agencies have plans to increase their investment in professional development for their developers.

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“Multi-cloud is the new reality for government agencies but as they increase cloud investments, they also need to lay the technical and cultural foundation,” said Jennifer Chronis, vice president, public sector, VMware. “VMware is uniquely positioned to meet our customers wherever they are on their digital transformation journeys and help them take full advantage of multiple clouds. Across the public sector, we are giving our customers the power to accelerate innovation and improve resiliency on a trusted digital foundation.” (<a href="https://twitter.com/jenniferchronis">Twitter</a>,<a href="https://www.linkedin.com/in/jennifer-chronis-4a11745/"> LinkedIn</a>)

The full study, complete with recommendations for a ‘cloud-smart’ approach to the multi-cloud era can be downloaded <a href="https://www.vmware.com/learn/1380503_REG.html?src=wb_624ed0c315228&cid=7012H000001KaLSQA0">here</a>.

Learn more at the Public Sector Innovation Summit

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VMware’s Public Sector Innovation Summit brings together leading technologists from the private sector, along with IT leaders and experts from federal, state, and local government. This year’s theme, “A Holistic Multi-Cloud for Mission Success,” explores how agencies can reimagine mission success innovating across clouds.

The summit will take place at the Ritz Carlton Pentagon City in Arlington, Virginia, from 8:30 a.m. – 1:15 p.m. ET. It will also be live streamed. To learn more or to register to attend, please visit: <a href="https://upgather.com/vmware/public-sector-innovation-summit/">Public Sector Innovation Summit 2022</a>.

To learn more about VMware is helping the public sector innovate, please visit:

Methodology

VMware commissioned a survey, undertaken by an independent research organization, Forrester Consulting, in March 2022. 501 agency leaders and IT decision-makers at federal, state, and local governments were surveyed on cloud practices including strategy, process, and solutions. The research was conducted in the United States and Canada.

This article may contain hyperlinks to non-VMware websites that are created and maintained by third parties who are solely responsible for the content on such websites.

Samantha Mayowa, VMware Global Communications, <a href="mailto:smayowa@vmware.com">smayowa@vmware.com</a>

Today, at the Public Sector Innovation Summit, VMware announced findings from a study on how government agencies are scaling use of multi-cloud environments for mission success.

Public Sector Innovation Summit 2022

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Pubic Sector Innovation Summit

Microsoft Azure customers worldwide now gain access to VMware Cross-Cloud services to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies.

Investors Bank and Grupo Financiero Ficohsa S.A. drive digital transformation with VMware Cross-Cloud services and Microsoft Azure

*Editorial note: information regarding availability regarding availability via private offers, and additional details regarding VMware Horizon Cloud Service on Microsoft Azure, were updated on May 13, 2022.

PALO ALTO, Calif., April 12, 2022 –VMware, Inc. (NYSE: VMW) today announced the availability of VMware Cross-Cloud services on Microsoft <a href="https://azure.microsoft.com/en-us/marketplace/" target="_blank" rel="noreferrer noopener">Azure Marketplace</a>, an online store providing applications and services for use on Azure. VMware customers can take advantage of the trusted Azure cloud platform to accelerate application modernization, migrate workloads faster to the cloud, and more securely and efficiently scale virtual desktops to support a distributed workforce.

<a href="https://www.vmware.com/welcome/cross-cloud-services.html" target="_blank" rel="noreferrer noopener">VMware Cross-Cloud services</a> is a family of multi-cloud services customers can use to build, run, and manage applications in Microsoft Azure. The following VMware Cross-Cloud services are available via private offers immediately in Azure Marketplace:

“For enterprises today, the ability to consume and deploy solutions that can deliver immediate business outcomes is an expectation. Availability of our VMware Cross-Cloud services on Azure Marketplace will enable better time to value and speed of execution for our customers,” said Zia Yusuf, senior vice president, strategic ecosystem and industry solutions, VMware. “With VMware Cross-Cloud services, customers can drive the digital innovation they seek, with the enterprise control they demand.”

“Through Microsoft Azure Marketplace, customers around the world can easily find, buy, and deploy partner solutions they can trust, all certified and optimized to run on Azure,” said Paul Maher, General Manager (Partner), Commercial Marketplace Services, Microsoft. “We’re happy to welcome VMware Cross-Cloud services to the growing Azure Marketplace ecosystem.”

The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use.

Read more in this <a href="http://www.vmware.com/go/azure-marketplace-vmware-cross-cloud-services" target="_blank" rel="noreferrer noopener">blog post</a> from Neeti Gupta, VMware’s senior director for Microsoft Alliances.

Global Enterprises Digitally Transform with VMware Cross-Cloud Services and Azure

Investors Bank is a full-service commercial bank with more than $27.3 billion in assets and a network of more than 150 retail branches. Anthony Zurawiecki, vice president and head of infrastructure and engineering at Investors Bank, said, “We needed a technology refresh to put in place right infrastructure to truly have a digital banking experience. With Azure VMware Solution, we are able to combine our strategic focus on Microsoft solutions while leaning into our existing skills and experiences with VMware to accelerate our innovation. We have never had the ability to scale up or down with as little risk as we have with Azure VMware Solution. Not only has there been no downtime during our cloud transformation, but customer satisfaction has also remained consistently high. When we look at the speed at which we’re migrating the application workloads, we have yet to see industry peers able to execute at that same speed.” (<a href="https://customers.microsoft.com/en-gb/story/1439699346407640508-investors-bank-banking-capital-markets-azure-en-united-states" target="_blank" rel="noreferrer noopener">case study</a>)

Grupo Financiero Ficohsa S.A. provides, through its subsidiaries, banking, insurance, brokerage, and currency exchange services in Central America. Carlos Molinero, IT Manager at Ficohsa, said, “The VMware virtual desktop solution hosted on Microsoft’s public cloud platform has helped Ficohsa to continue offering the most innovative financial products and services with high-quality standards and the best technology. We have enabled our critical business areas to sustain their effectiveness while shifting to a hybrid work model as part of our company’s innovation strategy. With VMware Horizon on Azure, we have enabled productivity for 800 employees in four countries in an agile manner while preventing customer service from being negatively affected by changes from office to remote work.” (<a href="https://www.vmware.com/content/dam/digitalmarketing/vmware/en/pdf/customers/vmware-ficohsa-group-success-story.pdf" target="_blank" rel="noreferrer noopener">case study</a>)

VMware, VMware Cross-Cloud, vSphere, Tanzu, Spring, and Horizon are registered trademarks or trademarks of VMware, Inc. or its subsidiaries in the United States, and other jurisdictions. This article may contain hyperlinks to non-VMware websites that are created and maintained by third parties who are solely responsible for the content on such websites.

1-VMware Horizon Cloud Service on Azure is available via the Microsoft Azure Marketplace on a limited basis and certain restrictions apply. As private offers, all deals for VMware Cross-Cloud services in Azure Marketplace are subject to review and approval by VMware sales. Customers should not make planning and purchase decisions based solely on information contained herein. Information in this news release was updated May 13, 2022 and is current and accurate as of that date. This information replaces any previously published in a news release dated April 12, 2022.

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VMware Cross-Cloud Services Available in Azure Marketplace

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Companies to Add Google Cloud VMware Engine to VMware Cloud Universal program

PALO ALTO and SUNNYVALE, Calif. – March 16, 2022 – Google Cloud and VMware, Inc. (NYSE: VMW) today announced an expanded partnership to help customers accelerate app modernization and cloud transformation. Customers will now be able to use the VMware Cloud Universal program to take advantage of Google Cloud VMware Engine. Through this extended partnership, enterprise customers will gain greater financial flexibility, choice, and the ability to accelerate their cloud migrations and modernize their enterprise applications in Google Cloud.

Google Cloud VMware Engine enables customers to migrate VMware applications to the cloud without changes to applications, tools, or processes, often in less than an hour(1). The VMware Cloud Verified and native Google Cloud service provides enterprise-ready cloud infrastructure for business-critical vSphere workloads with security capabilities, availability, resource optimization, manageability, and operational support built into the core service. Once in the cloud, customers can immediately begin creating hybrid applications that enable their businesses to be more agile, with more secure access to Google services like BigQuery and cloud operations, and extend their existing disaster recovery, backup, and storage services. With Google Cloud VMware Engine combined with VMware Cloud Universal, enterprises can achieve:

VMware Cloud Universal is a flexible purchasing and consumption program for executing multi-cloud and digital transformation strategies. With Google Cloud VMware Engine as part of the VMware Cloud Universal program, VMware and VMware partners will be able to offer Google Cloud VMware Engine along with other VMware Cross-Cloud services to enable customers to execute their digital transformation initiatives based on their timelines, with lower overall costs and risk.

“Our partnership with VMware makes it very easy for businesses to migrate VMware-based applications to Google Cloud’s trusted and highly performant infrastructure,” said Kevin Ichhpurani, Corporate Vice President, Global Ecosystem at Google Cloud. “This announcement brings VMware and Google Cloud closer together and represents a significant step forward in our joint commitment to support businesses’ digital transformations with Google Cloud VMware Engine.”

“Addressing strategic customer initiatives around app and cloud modernization, as well as distributed workforces, has been the foundation of VMware and Google Cloud’s multi-year partnership,” said Zia Yusuf, senior vice president, strategic ecosystem and industry solutions, VMware. “We are now making it faster and easier for our mutual customers to consume Google Cloud VMware Engine along with other VMware Cross-Cloud services, across the data center, edge, or Google Cloud. By enabling a multi-cloud approach that lets customers seamlessly take advantage of Google Cloud to run their vSphere apps, we’re helping enterprises deliver digital innovation with enterprise control.”

Customers across industries like retail, telco and manufacturing are using Google Cloud VMware Engine today to modernize and speed the migration of business-critical workloads to Google Cloud.

“We are migrating and modernizing our workloads to reduce costs and give us more agility in the cloud,” said Hiroshi Shimizu, manager, digital transformation department, Asahi Group Japan, Ltd. “We have many systems to modernize, and we are confident that Google Cloud VMware Engine will accelerate our modernization journey. In addition, we also wanted to store our data nearer to our data analytics platform using BigQuery to enable us to make business decisions more quickly.”

“Nokia has been in the process of migrating its on premises IT infrastructure to Google Cloud,” said Ravi Parmasad, vice president global IT infrastructure at Nokia.  “And the Google Cloud VMware Engine furthers the migration process, as it meets Nokia priorities of speed, business continuity, and fully maintaining control of our workloads in order to better support Nokia customers in more than 130 countries.”

About Google Cloud

Google Cloud accelerates every organization’s ability to digitally transform its business. We deliver enterprise-grade solutions that leverage Google’s cutting-edge technology – all on the cleanest cloud in the industry. Customers in more than 200 countries and territories turn to Google Cloud as their trusted partner to enable growth and solve their most critical business problems.

VMware, vSphere, and VMware Cloud are registered trademarks or trademarks of VMware, Inc. in the United States, and other jurisdictions. This article may contain hyperlinks to non-VMware websites that are created and maintained by third parties who are solely responsible for the content on such websites. VMware's website is located at <a href="https://www.vmware.com">www.vmware.com</a>, and its investor relations website is located at <a href="https://ir.vmware.com">https://ir.vmware.com</a>. VMware's goal is to maintain the investor relations website as a portal through which investors can easily find or navigate to pertinent information about VMware, all of which is made available free of charge. The additional information includes materials that VMware files with the SEC; announcements of investor conferences and events at which its executives talk about VMware's products, services and competitive strategies; webcasts of our quarterly earnings calls, investor conferences and events (archives of which are also available for a limited time); additional information on VMware's financial metrics, including reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures; press releases on quarterly earnings, product and service announcements, legal developments and international news; corporate governance information; and other news, blogs and announcements that VMware may post from time to time that investors may find useful or interesting.

Roger T. Fortier

VMware announced VMware Cloud on AWS can be purchased by Amazon Web Services (AWS) customers in AWS Marketplace. Organizations can now use their existing AWS Enterprise Discount Program agreements to consume VMware Cloud on AWS and other complementary VMware Cloud services to modernize their mission-critical enterprise apps on AWS.

Google Cloud and VMware are expanding the companies' partnership to help customers accelerate app modernization and cloud transformation. Customer can now consume Google Cloud VMware Engine along with other VMware Cross-Cloud services as part of a multi-cloud strategy to execute their digital transformation initiatives.

Google Cloud and VMware Expand Global Partnership

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Google Cloud and VMware Expand Global Partnership to Help Enterprises Accelerate App Modernization and Cloud Transformation - VMware News and Stories

Google Cloud and VMware Expand Global Partnership to Help Enterprises Accelerate App Modernization and Cloud Transformation

Customer can now consume Google Cloud VMware Engine along with other VMware Cross-Cloud services as part of a multi-cloud strategy to execute their digital transformation initiatives

The recent Presidential mandates and legislation aimed at strengthening public sector digital defenses are much needed reinforcements to ongoing challenges. Cybercrime is predicted to cost the world $10.5 trillion annually by 20251, up from $6 trillion in 2021. Added to this are the stressors caused by the global pandemic — requiring agencies to transition to remote workforces while still serving constituents. And while digital transformation, including cloud adoption, has been on the “to do” list for quite some time, the pandemic accelerated the timeline as agencies looked to modernize their infrastructure and build resilience.

With these forces in mind, VMware’s public sector experts weighed in on what should be at the top of mind for agencies this year.

The Journey to Zero Trust Cybersecurity

December’s discovery of the<a href="https://news.vmware.com/security/vmware-responds-to-log4j-vulnerability"> Log4j vulnerability</a> — which allowed hackers to run any code on vulnerable machines or hack into any application directly using the open-source Log4j framework — revealed the fragility of public and private digital architectures. Add to this, mainstream ransomware attacks targeting organizations in critical industries like Colonial Pipeline, JBS Foods and Kaseya made it starkly evident zero trust security needs to be a priority.

“Zero trust and supply chain risk management are at the top of the list,” says Jeremiah Sanders, Senior Federal Strategist at VMware. Zero Trust is the next-generation model for securely delivering IT services and solutions anywhere in the world, on any device or system. It’s not a single product but a security operations framework based on the notion of never trusting and always verifying.

Keith Nakasone, Federal Strategist at VMware added “Cybersecurity must be looked at holistically. It must become a part of the agency culture to include the people, process, and technology.”

Daniel Kent, Chief Architect, Public Sector, VMware notes that effective cybersecurity also requires agencies to practice good cyber hygiene. “IT security can’t be an afterthought, especially as we move to a devOps model, where analytics and automation will be critical to cybersecurity effectiveness,” he says.

The journey to Zero Trust security must be prioritized — and it’s now a<a href="https://www.whitehouse.gov/briefing-room/presidential-actions/2021/05/12/executive-order-on-improving-the-nations-cybersecurity/"> Presidential mandate</a>. Agencies need  a measured, phased approach to achieve this goal. For more information on cybersecurity mandates and adopting a Zero Trust framework, visit:<a href="https://techzone.vmware.com/blog/incorporating-vmware-zero-trust-presidential-executive-order"> Incorporating VMware Zero-Trust for the Presidential Executive Order</a>.

The Power of Public and Private Partnership

Developing and strengthening the ecosystem of public-private engagement, including the<a href="https://blogs.vmware.com/security/2021/11/biden-administration-directs-federal-agencies-to-patch-known-vulnerabilities.html"> Joint Cyber Defense Collaborative (JCDC)</a> and the<a href="https://news.vmware.com/releases/vmware-white-house-summit-open-source-software-security"> White House Open Source Software Security Summit</a>, is a key building block for technological and economic progress. Similarly, VMware is collaborating with NIST’s National Cybersecurity Center of Excellence (NCCoE) Zero Trust Cybersecurity Architecture Consortium to develop practical, interoperable cybersecurity approaches that address the real-world needs of the public sector’s complex IT ecosystem. These partnerships build trust and resiliency as agencies work towards modernizing critical infrastructure.

In December, President Joe Biden signed into law the National Defense Authorization Act of 2022, which codified an approach to cybersecurity that depends on the decisions of private-sector entities to protect the bulk of the nation’s critical infrastructure. This is yet another initiative that brings public and private worlds together to achieve a ‘whole of nation’ approach to combating cybersecurity threats.

“The best way to achieve the goals set by mandates is to work with the private sector — they can be trusted advisors,” says Nakasone.

Leveraging the power of public-private partnerships should be a priority for agencies this year as they look to keep up with the pace of legislation and innovation.

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A ‘Cloud-Smart’ Approach for the Multi-Cloud Era

The average organization in the private sector runs<a href="https://news.vmware.com/releases/vmworld-2021-cross-cloud-services"> about 500 apps</a>2 to drive their business, and those apps are distributed across clouds. Kent points out that the same forces will be true in the public sector as agencies look to the cloud and apps to digitize parts of their organizations.

It’s no longer about a ‘cloud first’ approach—it’s about being ‘cloud smart.’ A multi-cloud approach increases app velocity and innovation and will empower agencies to become much more agile and resilient. This year, agencies should focus on building a cloud strategy that provides freedom and control. The reality is across federal, state and local agencies are at different points in their digital transformation journeys. It will be important they have the freedom to choose the ’right’ cloud based on their strategic business goals. With a cloud-agnostic approach, agencies have the power to accelerate innovation and control their destiny in the multi-cloud era.

Nakasone noted, “the pandemic has created an opportunity for the public sector to consider alternative solutions to ensure that work can continue from any cloud, any application, and any device. Agencies will need to prioritize understanding cloud solutions moving forward to build a strategy that works for their organization.”

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