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, Inc. (NYSE: VMW) has been recognized as a Leader in the 2021 Gartner Magic Quadrant for WAN Edge Infrastructure for the fourth consecutive year, achieving the highest placement for completeness of vision. The company's SD-WAN technology is now part of the VMware SASE platform, offering cloud-based security and networking services to over 150 global points of presence. VMware scored highest in the Cloud-First WAN use case in Gartner's Critical Capabilities report, highlighting its commitment to support distributed users and enhance network security.
VMware announced a study revealing a disconnect between IT, security, and development teams in adopting a Zero Trust security model. Conducted by Forrester Consulting, the survey of 1,475 IT and security leaders found that 52% of developers feel stifled by security policies. Only 22% strongly understand these policies, while 27% are excluded from decision-making. Collaborative organizations see a five-day faster development cycle. Despite improved leadership focus, 37% report ineffective collaboration. The study emphasizes shared priorities to enhance security integration in the development process.
VMware has achieved FedRAMP Agency Authority to Operate (ATO) at the High Impact Level for its Cloud on AWS GovCloud (US) service. This certification allows U.S. government agencies to securely migrate and modernize their vSphere workloads. The authorization recognizes VMware's adherence to stringent performance and security standards. This initiative supports various public sector use cases including application migration, disaster recovery, and virtual desktop infrastructure, while enhancing operational efficiency in multi-cloud environments.
VMware announces Kit Colbert as its new Chief Technology Officer (CTO), effective immediately. With a history at VMware since 2003, Colbert has held various significant roles, including Cloud CTO and General Manager of Cloud-Native Apps. In his new role, he will lead the company’s technical vision and advance its transformation towards a cloud-centric R&D organization. CEO Raghu Raghuram emphasized Colbert's technical expertise and leadership as key to driving innovation and development. This strategic move aims to enhance VMware's growth trajectory.
VMware (NYSE: VMW), a leader in enterprise software, announced that CEO Raghu Raghuram will present at the Jefferies Virtual Software Conference on September 15, 2021, at 1:00 p.m. PT / 4:00 p.m. ET. A live webcast will be accessible on VMware’s Investor Relations page, and a replay will be available for two months. VMware is committed to powering complex digital infrastructures and providing solutions across various domains, including cloud and security.
VMware (NYSE: VMW) announced that CEO Raghu Raghuram will present at the Piper Sandler Global Technology Conference on September 14, 2021, at 9:00 a.m. PT / 12:00 p.m. ET. A live webcast can be accessed on VMware’s Investor Relations page and will be available for replay for two months. VMware focuses on enhancing complex digital infrastructures through cloud, networking, security, and digital workspace solutions. For more information, visit VMware's website.
VMware (NYSE: VMW) has announced that CEO Raghu Raghuram will deliver a keynote address at the Citi 2021 Global Technology Virtual Conference on September 13, 2021, at 9:10 a.m. PT / 12:10 p.m. ET. A live webcast will be available on VMware's Investor Relations page and will be accessible for two months after the event. VMware specializes in enterprise software, offering solutions for cloud, app modernization, networking, and security, aimed at enhancing digital infrastructure across various devices.
VMware (NYSE: VMW) announced that CEO Raghu Raghuram will be the keynote speaker at the Deutsche Bank Technology 2021 Conference on September 9, 2021, at 9:30 a.m. PT / 12:30 p.m. ET. A live webcast is available on VMware's Investor Relations page, with a replay accessible for two months. VMware specializes in cloud, app modernization, networking, security, and digital workspace solutions, contributing to complex digital infrastructures globally.
VMware has been named a Leader in the 2021 Magic Quadrant for Unified Endpoint Management (UEM) by Gartner for the fourth consecutive year. The evaluation focused on VMware's ability to execute and completeness of vision. In addition, Workspace ONE achieved the highest scores in three of four use cases: Security-Centric, Remote Worker, and Modern Windows Management. This recognition reinforces VMware's commitment to supporting an adaptable workforce through innovative solutions.
VMware has been recognized as a leader in The Forrester New Wave™: Zero Trust Network Access, Q3 2021, which assessed 15 ZTNA solutions, including VMware Secure Access. This recognition emphasizes VMware's commitment to evolving security models, aligning with shifts towards cloud applications and remote work. Senior VP Shankar Iyer highlighted that VMware's solutions foster a Zero Trust security architecture, ensuring only trusted users access applications. The report praised VMware for its advanced security inspection features and seamless integration with existing security platforms.
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