- Evolution of VMware: VMware pioneered virtualization technologies, leading to private cloud and mobility management. It’s now focused on becoming the multi-cloud leader, helping organizations navigate digital transformation through IT-driven innovation.
- Multi-Cloud Strategy: VMware is helping customers drive their multi-cloud strategy by providing a comprehensive multi-cloud platform for all applications. Its portfolio includes solutions for application modernization, cloud management, cloud infrastructure, networking, security, and anywhere workspaces.
- Agreement with Broadcom: On May 26, 2022, VMware entered into an Agreement and Plan of Merger with Broadcom Inc., where each share of Class A Stock will be converted into the right to receive cash or Broadcom stock, subject to regulatory approvals and closing conditions.
- Financial Performance: Total revenue in fiscal 2023 increased by 4% to $13.4 billion, with revenue streams including license revenue, subscription and SaaS revenue, and services revenue. The shift towards subscription and SaaS offerings may impact future revenue structures.
- Product Portfolio: VMware offers a wide range of products and technology solutions to support customer priorities, including application modernization with Tanzu, cloud management with VMware Aria, cloud infrastructure with vSphere and VMware Cloud Foundation, networking with NSX, security with Carbon Black Cloud, and anywhere workspace solutions.
- Key Offerings: Among its key offerings are VMware Cloud on AWS, VMware Cloud on other major hyperscalers, VMware Cloud Providers, VMware Sovereign Cloud Providers, and VMware Cloud Universal, providing customers with flexible options for managing their infrastructure across hybrid and multi-cloud environments.
- Anywhere Workspace: VMware Anywhere Workspace is designed to deliver secure and seamless experiences for distributed workforces, incorporating Unified Endpoint Management, Virtual Desktops and Applications, Workspace Security, and Digital Employee Experience technologies into a unified platform.
SaaS KPIs and Core Functions
Related Business Model Types
Attention Merchant Business Model
Handpicked case studies:
- The Power of Google Business Model in a Nutshell
- How Does Google Make Money? It’s Not Just Advertising!
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