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Citrix Systems (NASDAQ: CTXS) announced that its latest study, The Era of Hyper Innovation, indicates that new technologies and flexible work models have contributed an additional
The Vattenfall Solar Team, comprised of 17 engineering students from Delft University, is set to compete in the Solar Challenge Morocco, a 2,500-km race for solar-powered cars. They will utilize Citrix Systems' digital workspace technology to share critical information for optimal performance. The race takes place from October 25 to 29. Citrix ShareFile enables real-time data sharing despite connectivity challenges in remote locations. The team has previously won 7 out of 10 races and relies on Citrix's technology to enhance efficiency and communication during the event.
Citrix has announced new platform capabilities via Wrike, enhancing workflow management. These updates include Work Models, allowing users to create tailored workflows, and Goal Management, linking daily tasks to strategic objectives. The Workflow Engine facilitates complex process automation, while updates for Service Teams improve collaboration. Integration with ShareFile enhances document management. Citrix emphasizes that these features aim to streamline digital workflow and employee productivity amid increasing workplace complexities.
The Citrix survey reveals a shift in security challenges for organizations adapting to hybrid work environments. 74% of decision makers report increased complexity in security procedures, while 73% struggle with rising threats. Despite challenges like poor connectivity and delayed IT support, 84% now feel prepared for hybrid work, with 58% noting a 40% percent increase in security investments over the last year. The future of work is recognized as hybrid, with 52% of decision makers believing most workers will remain remote or hybrid.
Citrix Systems (NASDAQ: CTXS) and Google Cloud have expanded their partnership to enhance remote work solutions for enterprises. This collaboration introduces a new Desktop-as-a-Service (DaaS) on Google Cloud, leveraging Citrix’s management tools and HDX protocol. The partnership aims to provide secure access to virtual desktops and applications for hybrid workforces. Citrix will become a preferred virtual desktop partner for Google Cloud while Google will support Citrix's cloud services foundation, facilitating easier and faster access to applications across devices.
Citrix Systems has appointed Bob Calderoni as interim President and CEO, following the departure of David J. Henshall. Calderoni, who has extensive experience in the technology sector, emphasizes a focus on transitioning to a SaaS model. The company expects third-quarter revenues between $765 million and $775 million, aligning with prior guidance. Additionally, the Board has resized to eight members after Ajei Gopal's resignation to avoid conflicts. Citrix will release full financial results on November 4, 2021.
Citrix Systems (NASDAQ: CTXS) has launched a new cloud-delivered service called Citrix Secure Private Access, which employs Zero Trust Network Access principles. This service secures access to applications and data from various devices, enhancing employee productivity and security.
Key features include adaptive authentication, centralized policy management, and enhanced security controls such as watermarking and protection from malware. The solution aims to provide seamless, secure access, allowing employees to work efficiently from any location.
Citrix Systems has been recognized by Expert Insights in its 2021 Best-Of Cybersecurity Awards, winning accolades for Citrix Gateway and Citrix Endpoint Management. These awards highlight the effectiveness of Citrix's solutions in securing IT operations amidst evolving cyber threats. The awards are based on extensive research, including customer feedback and industry analysis, showcasing the company’s strong product features, ease of use, and high customer satisfaction. Citrix empowers secure hybrid work environments, allowing organizations to maintain productivity and security.
Citrix Systems (NASDAQ: CTXS) has released a survey revealing that 40% of Canadian office workers are considering leaving their jobs due to a lack of flexibility. The findings indicate that 83% prioritize the ability to work from anywhere, and nearly half would accept lower pay for this flexibility. Furthermore, 27% of respondents left for more innovative roles, highlighting the importance of employee experience. Concerns about a potential digital divide in hybrid work models were also noted, with 34% fearing remote workers will face career disadvantages.
