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

VMWARE, INC. (VMW)
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VMware : Opportunity for MSPs to play a stronger cloud adoption role

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01/12/2019 | 03:39am EST

The evolution of Managed Service Providers (MSPs) is the next step in the local cloud journey. The move to the cloud has been anticipated and well documented over the years, but according to Cheslynne Britz, VMware Business Development Manager at Axiz Advanced Technologies, benefits of the technology platform adoption is yet to be fully realised.

By ensuring managed service providers are able to assist end customers to be up-to-date and experience the latest in technology, we are encouraging more companies to develop their skills as VMware cloud providers, said Britx.

In doing this, they will have the skills to maintain and manage a truly hybrid solution.

This evolution of MSPs is a growing global trend. Two distinct trends were noted by VMware, the first is around traditional hosting providers transforming into full-fledged cloud providers driving automation of infrastructure and application services along with managed services on top. Secondly, a lot of providers recognise the value of managed services and have begun to provide services on top of third-party clouds, particularly the big providers like Amazon, Microsoft, Google and IBM. Providers are responding to their customers use of multi-cloud to offer management, security, compliance and other services across multiple cloud platforms.

Britz says that as a result of these trends, traditional managed hosting, system integrators, outsourcing and traditional VMware solution providers are increasingly moving to become cloud providers or MSPs.

Axiz Advanced Technologies is hoping to assist more of our local providers to become certified VMware cloud providers and grow their share of wallet from end customer business, she said.

Britz added that knowledge and expertise in cloud computing is lacking and Axiz Advanced Technologies is focused on assisting its providers to assist end users to overcome this obstacle.

While cloud-first adoption is slowing down, it is not reluctance as much as it is a lack of understanding, she said.

By adopting this value-added managed service approach, we can assist our providers to offer a higher level of service and ensure they can tailor the offerings based on the end users requirements.

Value to the end-user also remains critical, according to Britz. In assisting businesses to better manage day-to-day IT operations will reduce running costs and provide much needed advantages end-customers need to compete effectively.

Not always an easy or simple progression, MSPs are schooled in cloud can play an instrumental role when it comes to IT infrastructure components.

Whether its a migration or a solution that requires complex levels of integration, we aim to assist managed service providers to extend their role within the end-user environment, said Britz.

(c) 2019 Khaleej Times. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2019 8 885 M
EBIT 2019 2 981 M
Net income 2019 2 417 M
Finance 2019 8 344 M
Yield 2019 -
P/E ratio 2019 24,76
P/E ratio 2020 33,16
EV / Sales 2019 5,71x
EV / Sales 2020 4,96x
Capitalization 59 106 M
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Number of Analysts 29
Average target price 163 $
Spread / Average Target 13%
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Managers
NameTitle
Patrick P. Gelsinger Chief Executive Officer & Director
Michael Saul Dell Chairman
Zane C. Rowe Chief Financial Officer & Executive Vice President
Baskaran G. Iyer Chief Information Officer & Senior Vice President
Ray O'Farrell Chief Technology Officer & Executive VP
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