Citrix® Leads Way in Delivering Secure Hybrid Work

Rhea-AI Summary

Citrix Systems, Inc. (NASDAQ: CTXS) has been recognized as a leader in enabling secure hybrid work as companies transition to cloud and distributed IT models. The company's digital workspace platform, Citrix Workspace™, is acknowledged among the Top 100 solutions for facilitating hybrid environments. Citrix holds a 35.6% market share in virtual client computing software, solidifying its position as the largest player in the sector. Additionally, Citrix Virtual Apps and Desktops™ has received accolades from G2 as a top solution in the market for desktop as a service.

Positive

• Citrix is recognized as a frontrunner in providing solutions for secure hybrid work.
• Citrix Workspace™ is ranked among the Top 100 solutions for enabling hybrid work.
• Citrix holds a 35.6% market share in the virtual client computing software industry.
• Citrix Virtual Apps and Desktops™ is recognized as a leading solution by G2.

Negative

• None.

Company recognized as frontrunner in all technologies required to provide secure, reliable access to resources employees need to work across locations, devices and channels

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- The world is rapidly moving to hybrid work. And Citrix Systems, Inc. (NASDAQ: CTXS) is a recognized frontrunner in delivering all the technologies required to enable it.

“As companies transition to the cloud and more distributed work and IT models, they must ensure secure, reliable and high-performant access to all the apps, content, and collaboration tools employees need to get their best work done,” said Tim Minahan, Executive Vice President of Business Strategy, Citrix. “Our solutions are uniquely designed to help them do this and accelerate the business outcomes they achieve.”

A Leader in Secure Hybrid Work

Citrix provides a complete digital workspace platform from which companies can deliver a consistent, secure, and simplified work experience across every location, channel and device. And according to Apps Run the World, a leading technology market research company, Citrix Workspace™ is among the Top 100 solutions for enabling hybrid work.

A Leader in Virtual Apps and Desktops

Having pioneered the concept more than 30 years ago, Citrix is also the clear market leader in desktop virtualization.

According to the most recent IDC Worldwide Virtual Client Computing Software Market Shares report, Citrix is the largest player in the market for virtual client computing software, with a 35.6 percent share. (IDC Worldwide Virtual Client Computing Software Market Shares 2020: Unstable Work Environment Drives Virtualization Growth (Jun 2021 - Market Share - Doc # US47906220).

The company is also positioned in the Leaders Category of the latest IDC MarketScape: Worldwide Virtual Client Computing report, which evaluates vendors that provide products that enable the configuration and management of centralized virtual desktops. (IDC MarketScape: Worldwide Virtual Client Computing 2019–2020 Vendor Assessment Jan. 20202 - Doc # US45752419)

A Leader in Desktop as a Service

As they accelerate their transition of workloads to the cloud, companies are also moving to cloud-delivered Desktop as a Service solutions. And Citrix Virtual Apps and Desktops™ is tops in the market according to market-research firm G2, which named the solution to its 2022 list of Best Software.

At the Forefront of Security

Successfully enabling hybrid work requires an intelligent approach to security that protects employees and their devices without getting in the way of their experience. And Citrix is recognized as a trailblazer in fueling it.

The company was among the most important and innovative Zero Trust network access (ZTNA) solutions identified by independent research firm Forrester Research, Inc. in a report titled “New Tech: Zero Trust Network Access, Q2 2021.”

It has also received two Best-of-Cybersecurity Awards from leading cybersecurity resource and review platform Expert Insights for its secure access solutions.

“Citrix has always been at the forefront of powering better, more secure ways to work, and we will continue to develop and deliver market-leading solutions that empower our customers to enable flexible models that keep their employees engaged and productive and power their business forward,” Minahan said.

More than 400,000 companies – including 99 percent of the Fortune 500 - rely on Citrix to deliver secure hybrid work. Click here to learn more about these solutions and the value they can deliver for your organization.

About Citrix

Citrix (NASDAQ: CTXS) builds the secure, unified digital workspace technology that helps organizations unlock human potential and deliver a consistent workspace experience wherever work needs to get done. With Citrix, users get a seamless work experience and IT has a unified platform to secure, manage, and monitor diverse technologies in complex cloud environments.

For Citrix Investors:

This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the impact of the global economy and uncertainty in the IT spending environment, revenue growth and recognition of revenue, products and services, their development and distribution, product demand and pipeline, economic and competitive factors, the Company's key strategic relationships, acquisition and related integration risks as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein. The development, release and timing of any features or functionality described for our products remains at our sole discretion and is subject to change without notice or consultation. The information provided is for informational purposes only and is not a commitment, promise or legal obligation to deliver any material, code or functionality and should not be relied upon in making purchasing decisions or incorporated into any contract.

© 2022 Citrix Systems, Inc. Citrix, the Citrix logo, and other marks appearing herein are the property of Citrix Systems, Inc. and may be registered with the U.S. Patent and Trademark Office and in other countries. All other marks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220329005102/en/

Karen Master

Citrix

+1 216-396-4683

Karen.master@citrix.com

Source: Citrix Systems, Inc.

FAQ

What recognitions has Citrix (CTXS) received for its hybrid work solutions?

Citrix has been recognized as a leader in secure hybrid work, with its Citrix Workspace™ named among the Top 100 solutions for enabling such environments.

What is Citrix's market share in virtual client computing software?

Citrix holds a 35.6% market share in the virtual client computing software market, making it the largest player in that sector.

How does Citrix (CTXS) support cloud transitions for companies?

Citrix provides a digital workspace platform that enables secure access to applications, content, and collaboration tools for companies transitioning to cloud-based environments.

Which Citrix product was recognized by G2 in 2022?

Citrix Virtual Apps and Desktops™ was recognized by G2 as a top solution in the market for desktop as a service.