Welcome to our dedicated page for VMware news (Ticker: VMW), a resource for investors and traders seeking the latest updates and insights on VMware stock.
VMware, Inc. (NYSE: VMW) is a global leader in cloud infrastructure, business mobility, and virtualization software. Headquartered in Palo Alto, California, VMware is celebrated for pioneering the use of virtualization and policy-driven automation technologies that simplify IT complexities across data centers and virtual workplaces. The company empowers its customers through solutions that span software-defined data centers, hybrid cloud computing, and mobile workspaces.
VMware boasts an impressive portfolio, including over 500,000 customers, 75,000 partners, and a workforce of more than 18,000 employees situated in 120+ locations worldwide. The company's product lineup features industry-leading solutions such as vSphere for server virtualization, NSX for network virtualization, and vSAN for software-defined storage. Additionally, VMware's Workspace ONE provides comprehensive digital workspace management, enhancing business mobility and security.
In recent corporate developments, VMware has made significant strides. For instance, the Broadcom acquisition is poised to bolster VMware's capabilities, having received all required regulatory approvals. This expansion aims to enhance global technology solutions, especially in critical markets like data centers, networking, and enterprise software.
VMware’s commitment to social responsibility is evident in its VMware 2030 Agenda, a program directed towards building a more sustainable, equitable, and secure future. One illustrative example is the company's Academic Software Licensing Program, which supports non-profit projects through the provision of essential virtualization software. A recent case involved Germany's Care-For-Rare Foundation, where VMware stepped in to provide necessary licenses for a server donation, enabling the use of AI tools for diagnosing rare diseases in children.
Financially, VMware has shown solid performance. As of 2014, the company reported revenues of $6.04 billion. VMware continues to innovate and expand its offerings, ensuring it remains at the forefront of the IT industry.
VMware announced its upcoming global multi-cloud event, VMware Explore 2022 US, scheduled for Aug. 29-Sept. 1, 2022 at the Moscone Center, San Francisco. The event will feature keynote speeches by VMware CEO Raghu Raghuram and other industry leaders, focusing on multi-cloud innovations and strategies. Attendees can expect over 800 breakout sessions and presentations from sponsors including AWS, Dell Technologies, and Google Cloud. The session will also be livestreamed, providing broad access to its content.
VMware has unveiled the next evolution of its Partner Connect program, aimed at enhancing partner capabilities and profitability. The new framework allows flexibility for partners to transition to SaaS, subscription, and services-based business models. Key profit drivers identified include Services, Lifecycle Profit, and Stickiness, with profitable partners achieving more than 80% of revenue from services. A points-based progression system simplifies partner engagement and rewards, enabling better management of their VMware business, ultimately capturing opportunities in the growing multi-cloud market.
VMware has been recognized as a Leader in the 2022 Gartner Magic Quadrant for Unified Endpoint Management (UEM), marking its fifth consecutive year in this position. Furthermore, the company achieved the highest product scores across all four use cases in the 2022 Gartner Critical Capabilities for UEM Tools report, including Security-Centric Management and Modern Windows Management. This recognition underscores VMware's commitment to enhancing employee experiences and meeting the growing demands for secure, seamless remote work.
VMware released its Global Incident Response Threat Report at Black Hat USA 2022, highlighting the impact of the ongoing conflict in Ukraine on cyberattacks, with 65% of security teams noting an increase.
The report reveals a rise in deepfakes as a cyber threat, with 67% of respondents experiencing attacks utilizing this method. Notable statistics include 47% of responders reporting burnout, 57% facing ransomware attacks, and 23% of attacks compromising API security. The findings emphasize the necessity for improved visibility and proactive defense strategies.
VMware, Inc. (NYSE: VMW) has launched VMware Carbon Black Workload for Amazon Web Services (AWS), enhancing security for traditional and modern workloads. This solution provides a unified console for IT and security teams to monitor and protect workloads across environments. Key features include vulnerability assessment, automated risk identification, and enterprise threat hunting, aimed at reducing the attack surface and enhancing visibility. This product also integrates with VMware Contexa for improved threat intelligence.
HCL Technologies and VMware have launched a dedicated VMware business unit aimed at enhancing cloud transformation and app modernization for enterprises. This new unit integrates HCL's CloudSMART Framework with VMware’s Cross-Cloud services to provide robust solutions for digital transformation. With over 8,000 professionals trained in VMware technologies and multiple dedicated labs, HCL aims to foster innovation and agility in enterprise operations. The partnership is positioned to benefit mutual clients by offering flexible, multi-cloud services and accelerated technology deployment.
VMware has achieved FedRAMP High Authorization through the Joint Authorization Board for its Government Services, including VMware Carbon Black Cloud and VMware SD-WAN on AWS GovCloud (US). This certification enables U.S. government agencies to utilize these services for sensitive workloads, promoting digital transformation and multi-cloud initiatives. VMware’s investment in cloud technologies aims to enhance security and compliance while supporting agency operations. The authorization boosts VMware's standing as a trusted partner for public sector cybersecurity amidst rising cyber threats.
VMware has been named the 2022 HPE Global Technology Partner of the Year, recognizing its commitment to delivering value in digital transformation. The award highlights VMware's longstanding partnership with HPE, focusing on customer success through innovative solutions like Project Monterey and Project Capitola. VMware continues to play a pivotal role in modernizing IT environments, addressing customer needs from edge to cloud with HPE GreenLake solutions.
VMware has introduced vSphere+ and vSAN+, enhancing on-premises infrastructure by integrating cloud benefits without disrupting existing workloads. These solutions offer centralized management, integrated Kubernetes, and a flexible subscription model, aiding digital transformation. vSphere+ and vSAN+ support disaster recovery, ransomware protection, and streamlined operations through the VMware Cloud Console. Customers can expect improved efficiencies and reduced operational complexity, with availability projected for the end of VMware's FY23 Q2.
VMware has been recognized as a Leader in three IDC MarketScape reports for its Unified Endpoint Management (UEM) software, including assessments for Apple Devices and Ruggedized/IoT deployments. The reports highlight VMware Workspace ONE for its comprehensive management capabilities across diverse operating systems and device types. Senior VP Shankar Iyer emphasized the platform's role in supporting secure hybrid workplaces. This acknowledgment reflects VMware's advancements in 2021, enhancing management for macOS and Windows devices.
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