Company to Expand Hybrid Cloud Business With New Services, Appoints Former Savvis Leader Bill Fathers to Executive Team
NEW YORK, NY--(Marketwire - Mar 13, 2013) - At a Strategic Forum for Institutional Investors today, VMware (NYSE: VMW) CEO Pat Gelsinger outlined the company's strategy, revealing more details about its plans to deliver the software-defined datacenter, expand its hybrid cloud offerings and empower the multi-device era.
"VMware's vision is to empower people and organizations by radically simplifying IT through virtualization software," said Gelsinger. "Our customers are looking to us to help them solve some of the toughest challenges in IT in simple and elegant ways thereby delivering new levels of efficiency, control and agility. To do this, we will continue to introduce new innovations and offerings that will empower IT as a broker of services that drive speed of business and competitive advantage."
In 2013, VMware will execute against three growth priorities:
Redefining Infrastructure: The Software-Defined Data Center
Through the software-defined data center VMware will extend the benefits of virtualization to all areas of the data center -- network, security, storage and management. Today, the company revealed its intentions to merge the VMware vCloud Networking and Security™ product line with the Nicira Network Virtualization Platform (NVP) into a single product family based on a common technology foundation, to be named VMware NSX.
Expected to launch in the second half of 2013, VMware NSX will represent the full potential of network virtualization by working across VMware and non-VMware hypervisors and cloud management systems, as well as any underlying networking hardware. Additionally, VMware NSX will provide an open framework for the integration of ecosystem services for networking and security. By virtualizing the network, VMware NSX will allow customers to accelerate application deployment, lower both capital and operational costs and transform network operations in a non-disruptive manner (read the blog).
Delivering the Hybrid Cloud
Today VMware announced its plans to extend the software-defined data center with a hybrid cloud service offering that will allow its 480,000 customers to reap the benefits of the public cloud without changing their existing applications while using a common management, orchestration, networking and security model.
VMware expects to launch VMware vCloud® Hybrid Service™ later this year and intends to make it available through its existing channel, working with its extensive partner ecosystem to accelerate customers' journey to the cloud. VMware has created a new Hybrid Cloud Services business unit, appointing cloud services veteran Bill Fathers as senior vice president and general manager (Read the press release).
Empowering the Multi-Device Era
At today's event, VMware demonstrated how it is helping customers connect end-users to their data, applications and desktops with the newly released VMware Horizon™ Suite. A comprehensive platform for workforce mobility, the VMware Horizon Suite uses virtualization to transform silos of data, applications and desktops into centralized IT services that can be easily provisioned, managed and delivered to end-users on the devices of their choice. Introduced in February 2013, the VMware Horizon Suite is empowering VMware customers to meet the needs of an increasingly mobile workforce without sacrificing control and security.
EMC Corporation and VMware, Inc. are holding their 2013 Strategic Forum for Institutional Investors on Wednesday, March 13, 2013 beginning at 8:00 a.m. Eastern Time. The live video webcast and agenda for the day is available on EMC's and VMware's Investor Relations websites at: http://www.emc.com/ir and http://ir.vmware.com, respectively. The webcast replay of the event will be available on the above websites within 24 hours following the event.
- Read the Blog: "VMware NSX Network Virtualization"
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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 2012 revenues of $4.61 billion, VMware has more than 480,000 customers and 55,000 partners. The company is headquartered in Silicon Valley with offices throughout the world and can be found online at www.vmware.com.
VMware, VMware vCloud, vCloud Networking and Security and vCloud Hybrid Service are registered trademarks or trademarks of VMware, Inc. in the United States and other jurisdictions.
This press release contains forward-looking statements including, among other things, statements regarding VMware's strategic plans, the introduction by VMware of new innovations and offerings including VMware NSX and the vCloud Hybrid Services, their projected availability and their expected features and benefits for VMware customers. 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) adverse changes in general economic or market conditions; (ii) delays or reductions in consumer or information technology spending; (iii) competitive factors, including but not limited to pricing pressures, industry consolidation, entry of new competitors into the virtualization market, and new product and marketing initiatives by our competitors; (iv) our customers' ability to develop, and to transition to, new products and computing strategies such as hybrid cloud services, mobile device virtualization platforms and the software defined data center; (v) rapid technological and market changes in virtualization software and platforms for cloud computing; and mobile devices; (vi) changes to product development timelines; (vii) our ability to protect our proprietary technology; (viii) our ability to attract and retain highly qualified employees; and (ix) the successful integration of acquired companies and assets into VMware. 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.
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