Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  VMware, Inc.    VMW

VMWARE, INC.

(VMW)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

VMware : Extends No. 1 Ranking in Cloud System and Service Management According to Global Analyst Firm

share with twitter share with LinkedIn share with facebook
07/01/2020 | 08:06am EDT

VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced that leading analyst firm IDC has ranked VMware No. 1 in worldwide cloud system and service management software(1) based on IDC calculations of calendar year 2019 revenues. VMware’s continued commitment to helping customers operate their hybrid cloud and multi-cloud environments is enabling them to achieve higher levels of productivity, cost savings and compliance.

“Customers have responded enthusiastically to the latest version of the VMware vRealize Suite—and with the recent release of VMware vRealize Operations Cloud—the delivery of our entire cloud management portfolio as SaaS,” said Ajay Singh, senior vice president and general manager, Cloud Management Business Unit, VMware. “Their continued support has helped VMware again to the No. 1 spot in the IDC Cloud System Management Software Market Share category.”

Achieving the No. 1 Slot in a Fast-Growing Sector: Cloud System and Service Management

According to the IDC report, “Worldwide Cloud System and Service Management Software Market Shares, 2019: SaaS and ITOM Drive Growth,” VMware’s share was more than five percentage points ahead of the No. 2 ranked vendor.

The report states, “SaaS-based delivery of cloud system and service management solutions continued to increase in 2019.” IDC points to a few VMware initiatives that contributed to its ongoing leadership in the space, including a greater focus on its SaaS-based cloud management portfolio to enable flexibility as environments become more heterogeneous. VMware expanded its portfolio of SaaS-based offerings with the introduction of VMware vRealize Operations Cloud, the self-driving operations solution. The report adds: “Automation and monitoring of the core vSphere infrastructure will continue to be supported by vRealize and its parallel SaaS services including Tanzu Observability (formerly Wavefront).”

Read the complete IDC report (registration required) at:

Additional Resources

About VMware

VMware software powers the world’s complex digital infrastructure. The company’s cloud, app modernization, networking, security, and digital workspace offerings help customers deliver any application on any cloud across any device. Headquartered in Palo Alto, California, VMware is committed to being a force for good, from its breakthrough technology innovations to its global impact. For more information, please visit https://www.vmware.com/company.html.

VMware, vRealize, Tanzu, Tanzu Observability, and VMware Cloud are registered trademarks or trademarks of VMware, Inc. in the United States and other jurisdictions. This article may contain hyperlinks to non-VMware websites that are created and maintained by third parties who are solely responsible for the content on such websites.

(1) IDC, “Worldwide Cloud System and Service Management Software Market Shares, 2019: SaaS and ITOM Drive Growth,” doc #US45083420e, May 2020


© Business Wire 2020
share with twitter share with LinkedIn share with facebook
Latest news on VMWARE, INC.
07/31VMWARE : DISH Selects VMware to Help Build the Most Advanced, Automated, End-to-..
BU
07/30VMWARE : Ranked No. 1 in Worldwide IT Automation and Configuration for Third Con..
BU
07/22VMWARE : Customers Choose VMware NSX Advanced Load Balancer to Replace Thousands..
BU
07/22VMWARE : Why SMEs Need Investment in Cloud Tech
AQ
07/21VMWARE : Shows Continued Momentum for Partner Connect Program; Announces Cloud N..
BU
07/20VMWARE, INC. : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
07/16Dell Technologies Shares Up; Exploring Potential VMware Spin-Off
DJ
07/16U.S. Stock Futures Slide as Economic Concerns Flare Up
DJ
07/16U.S. Stock Futures Slide as Economic Concerns Flare Up
DJ
07/16U.S. Stock Futures Slide as Economic Concerns Flare Up
DJ
More news
Financials (USD)
Sales 2021 11 518 M - -
Net income 2021 1 300 M - -
Net Debt 2021 289 M - -
P/E ratio 2021 47,3x
Yield 2021 -
Capitalization 58 755 M 58 755 M -
EV / Sales 2021 5,13x
EV / Sales 2022 4,38x
Nbr of Employees 29 450
Free-Float 19,1%
Chart VMWARE, INC.
Duration : Period :
VMware, Inc. Technical Analysis Chart | VMW | US9285634021 | MarketScreener
Technical analysis trends VMWARE, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 171,67 $
Last Close Price 140,21 $
Spread / Highest target 49,8%
Spread / Average Target 22,4%
Spread / Lowest Target -28,7%
EPS Revisions
Managers
NameTitle
Patrick P. Gelsinger Chief Executive Officer & Director
Michael Saul Dell Chairman
Sanjay J. Poonen Chief Operating Officer-Customer Operations
Zane C. Rowe Chief Financial Officer & Executive Vice President
Baskaran G. Iyer Chief Information Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
VMWARE, INC.-7.63%58 755
ACCENTURE6.75%143 004
TATA CONSULTANCY SERVICES5.54%114 258
INTERNATIONAL BUSINESS MACHINES CORPORATION-8.28%109 488
AUTOMATIC DATA PROCESSING, INC.-22.02%57 138
INFOSYS LIMITED32.12%54 686