- VMware has emphasized the importance of emerging businesses such as hybrid cloud and hyper-converged infrastructure to its 2016 revenue performance.
- In order to safeguard future growth, VMware must pay attention to the rapidly changing competitive dynamics within these emerging business segments.
Presenting his company’s Q4 and full-year results for 2016, VMware CFO Zane Rowe noted the important contribution of emerging businesses such as hybrid cloud and hyper-converged infrastructure (HCI) to VMware’s overall performance. In Q4, hybrid cloud and SaaS revenue – a category that includes vCloud Air and SaaS offerings such as vRealize as a Service – experienced double-digit growth and accounted for 8% of total revenue. VMware has emphasized the importance of its Cross-Cloud Services initiative – commercially availability in mid-2017 – for the future of its hybrid cloud strategy. Another key element of this strategy is Cloud Foundation, a software-defined data center platform based on NSX, vSphere and vSAN for building private clouds and extending them to the public cloud. Continue reading “VMware Reports Strong 2016 Growth and Dismisses HPE Threat, but Needs a Plan to Protect New Businesses”
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