VMware MeConomy 2014: Millennials Leading the Charge on Workplace Mobility

VMware MeConomy 2014 survey results signal a need for companies to adjust their IT policy to cater to the demands of an increasingly mobile workforce

Singapore, 16 April 2014 — In a study released today by VMware on the attitudes and preferences of modern employees in an increasingly mobile world, more than eight out of 10 millennials ¹ in Singapore said they work outside the office, with 92 percent claiming they work on their personal device when they travel to and from work.

The study also revealed that that 64% of working adults in Singapore felt that their home or home office would be the perfect place to work.

The survey results were part of the VMware MeConomy 2014 study, which sought to understand the attitudes and preferences of the modern employee in an increasingly mobile world. The survey included over 150 respondents from Singapore, of which 75 were millennials.

“Millennials are leading the charge when it comes to working outside the office or on-the-go. As the profile of the average worker shifts from a baby boomer to a millennial, Singapore companies should look to adapt to the changing expectations of the workforce, and enable businesses to function at the speed of life,” said Leslie Ong, Country Manager, VMware Singapore.

Increasing demand for HR and IT to support work from outside the office
Ong added, “At VMware, we believe that flexible IT arrangements and the ability to work from anywhere influences how employees feel about work. Almost half of those surveyed in Singapore said access to their work device and network allows them to be flexible with family and personal appointments. We also found that Singapore employees feel their ideal workplace is their home or home office, followed by their company office and a local cafe.”

This expectation that they can and should work from anywhere has placed additional pressure on HR and IT to cater to changing demands and technology needs. Employees surveyed expect their company to support mobile working by providing:

A comprehensive and accepted flexible working policy (56%)
Equipment and hardware that allow them to work everywhere (54%)
Tools that enable access to applications they need on their own devices (48%).

For IT support, employees surveyed were eager to have:

Faster network access (53%)
Equipment that works (53%)
Virtual desktops that they can access from any device (42%)

VMware helps companies deliver desktop and application virtualization

To help IT better support mobile workers, VMware recently announced VMware Horizon™ 6, an updated portfolio of end-user computing solutions designed to further simplify the use and management of virtual desktops and applications through a single platform and is expected to be generally available in Q2 2014.

VMware Horizon 6 will enable a unified workspace that allows IT to efficiently deliver, protect and manage Windows desktops and applications to employees across their virtual, physical and personal devices.

VMware Horizon 6 will not only enable IT to meet the demands of the mobile workforce, it will also help IT contain costs and ensures that employees can work anytime, anywhere, on any device.

# # #

About the VMware MeConomy 2014 Study

The MeConomy study was conducted by Acorn Marketing & Research Consultants on behalf of VMware. Approximately 2,455 people between the ages of 18-64 years old participated in the survey and all respondents work in organizations with more than 1,000 staff globally and work for at least 15 hours per week.

The survey covers 14 markets across Asia Pacific and Japan (comprising of Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam).

About VMware

VMware is the leader in virtualization and cloud infrastructure solutions that enable businesses to thrive in the Cloud Era. Customers rely on VMware to help them transform the way they build, deliver and consume Information Technology resources in a manner that is evolutionary and based on their specific needs. With 2013 revenues of $5.21 billion, VMware has more than 500,000 customers and 75,000 partners. The company is headquartered in Silicon Valley with offices throughout the world and can be found online at
www.vmware.com.

VMware, Horizon and Horizon View are registered trademarks or trademarks of VMware, Inc. in the United States and other jurisdictions. All other marks and names mentioned herein may be trademarks of their respective companies. The use of the word "partner" or "partnership" does not imply a legal partnership relationship between VMware and any other company.

Forward-Looking Statements

This press release contains forward-looking statements including, among other things, statements regarding the expected availability of VMware Horizon 6 and its potential benefits to customers and expected trends in end user utilization and expectations of corporate IT. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to (i) changes to priorities and levels of government spending; (ii) adverse changes in general economic or market conditions; (iii) delays or reductions in information technology spending; (iv) competitive factors, including but not limited to pricing pressures, industry consolidation, entry of new competitors into the virtualization, end user and cloud computing markets, and new product and marketing initiatives by our competitors; (v) our customers’ ability to develop, and to transition to, new products and computing strategies such as cloud computing and desktop virtualization; (vi) the uncertainty of customer acceptance of emerging technology; (vii) rapid technological and market changes in virtualization software and platforms for cloud and desktop computing; (viii) changes to product development timelines; (ix) VMware’s ability to protect its proprietary technology; and (x) VMware’s ability to attract and retain highly qualified employees.. These forward looking statements are based on current expectations and are subject to uncertainties and changes in condition, significance, value and effect as well as other risks detailed in documents filed with the Securities and Exchange Commission, including our most recent reports on Form 10-K and Form 10-Q and current reports on Form 8-K that we may file from time to time, which could cause actual results to vary from expectations. VMware assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.

Contacts:
Mark Koh ASEAN Communications, VMware Phone: +65 9022 3938 Email: mkoh@vmware.com	Vanessa Chew Edelman for VMware Phone: +65 9336 3371 Email: vanessa.chew@edelman.com

¹Millennials are defined as those born between 1982 and 1995.