Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

VMWARE, INC.

(VMW)
  Report
Delayed Nyse  -  04:00:02 2023-02-03 pm EST
121.77 USD   -1.81%
02/03EU antitrust regulators pause Broadcom, VMware probe, await data
RE
02/03Horizon3.ai Releases 'Year in Review, Through the Eyes of the Attacker 2022'
AQ
02/03Apple & Alphabet sales and profits decline, MarketScreener's World Press Review: February 3
MS
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

HPE and VMware Advance Partnership to Drive Digital Transformation with Integrated Hybrid Cloud Experience

11/08/2022 | 03:32am EST

HPE GreenLake for VMware Delivers Unified, Modern Hybrid Cloud Solution

VMware Explore 2022 Europe—For more than two decades, Hewlett Packard Enterprise (NYSE: HPE) and VMware, Inc. (NYSE: VMW) have been at the leading-edge of driving digital transformations, working with more than 200,000 mutual customers. Today at VMware Explore 2022 Europe, the companies announced the next phase of this partnership with HPE GreenLake for VMware, bringing together HPE GreenLake and VMware Cloud to deliver a fully integrated solution with a simple pay-as-you-go hybrid cloud consumption model.

“Today’s announcement with VMware represents the next step in the expanding partner ecosystem of HPE GreenLake, which offers a differentiated edge-to-cloud solution that resonates with customers and partners,” said Antonio Neri, president and chief executive officer, HPE. “Together, HPE and VMware will give organizations greater choice and flexibility with a fully integrated hybrid cloud offering designed to accelerate innovation and data first modernization.”

“Organizations are looking to evolve from a state of cloud chaos where cost and complexity reign, to a more cloud smart approach,” said Raghu Raghuram, chief executive officer at VMware. “VMware Cloud is the trusted platform for enterprise workloads on private and public clouds that gives customers the flexibility and choice to become cloud smart. VMware and HPE will enable customers to combine VMware’s state-of-the-art multi-cloud software with HPE GreenLake’s cloud operating model and consumption economics to support any workload on a modern hybrid cloud.”

Modern Hybrid Cloud Made Fast and Simple
Many organizations today seek the simplicity of a turnkey hybrid cloud that integrates leading software, infrastructure, and services from the vendors of their choice, all delivered from a single strategic partner as a cloud service. This approach accelerates deployment and simplifies operational complexity to enable customers to quickly deploy their hybrid cloud.

HPE GreenLake for VMware will provide customers with a fully integrated and modern hybrid cloud experience. Customers will benefit from a true cloud experience coupled with the benefit of purchasing only the amount of infrastructure they require through a pay-as-you-go cloud consumption model. Customers will also have the flexibility to determine the best environment for operating their hybrid cloud. VMware Cloud can be fully integrated across the HPE GreenLake portfolio including HPE GreenLake for Private Cloud Enterprise and customers will be able to deploy on-premises, in colocation facilities or at the edge, all managed by HPE GreenLake.

The HPE GreenLake edge-to-cloud platform provides customers and partners with a unified experience, and easy access to more than 70 cloud services. Today, HPE GreenLake supports more than 120,000 users, powers more than two million connected devices, and manages more than one exabyte of data with customers worldwide. Among the top 100 HPE customers, nearly 80 percent have already adopted the HPE GreenLake platform. Organizations benefit from one platform from which to automate, orchestrate, and run their hybrid cloud strategy.

VMware Cloud delivers a modern multi-cloud infrastructure on any cloud, with built-in Kubernetes, integrated security and the best possible TCO. VMware Cloud makes modern application development and deployment faster, easier, and less expensive by making Kubernetes part of the core infrastructure platform. VMware Cloud is more secure by design, enabling micro-segmentation to stop modern lateral threats that move within and across cloud and data center environments. HPE GreenLake customers will be able to extend VMware Cloud environments to a variety of colocation and edge environments, bringing cloud capacity to the places where distributed applications need it most.

Hybrid Cloud Delivered by Trusted Leaders in Enterprise Innovation
With a history of co-engineered solutions, customers can be confident deploying an enterprise hybrid cloud designed, managed, and supported by HPE and VMware. HPE and VMware share the industry’s largest virtualized server footprint, and collectively have more than 100,000+ global partners and 25,000+ solution experts. As joint collaboration partners within the expanding HPE GreenLake ecosystem, HPE and VMware will continue to accelerate the pace of co-innovation, such as industry-first support for VMware vSphere on DPUs.

Availability
HPE GreenLake for VMware is expected to be available in the first half of calendar year 2023.

About Hewlett Packard Enterprise
Hewlett Packard Enterprise (NYSE: HPE) is the global edge-to-cloud company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way people live and work, HPE delivers unique, open, and intelligent technology solutions as a service. With offerings spanning Cloud Services, Compute, High Performance Computing & AI, Intelligent Edge, Software, and Storage, HPE provides a consistent experience across all clouds and edges, helping customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com.

About VMware
VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company’s 2030 Agenda. For more information, please visit www.vmware.com/company.

VMware, Explore, and VMware Cloud are trademarks or registered trademarks of VMware, Inc. or its subsidiaries 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.


ę Business Wire 2022
All news about VMWARE, INC.
02/03EU antitrust regulators pause Broadcom, VMware probe, await data
RE
02/03Horizon3.ai Releases 'Year in Review, Through the Eyes of the Attacker 2022'
AQ
02/03Apple & Alphabet sales and profits decline, MarketS..
MS
02/01Liquit Continues Growth as Ben Ward Joins Company as Field CTO for UK and Ireland
AQ
02/01Saas Innovation : Highlights from the VMware IT Performance Annual Report 2022, Part Three..
PU
01/27Antel to Trial VMware Telco Cloud Platform for their 5G Architecture ‑ VMware New..
AQ
01/26Vmware : Why Energy Sobriety Should Be Top of Mind for Every Business Leader This Year
PU
01/26Vmware : Measuring Tenant Consumption for VMware Tanzu Services for Cloud Services Provide..
PU
01/26Antel to Trial VMware Telco Cloud Platform for their 5G Architecture
BU
01/26Antel Announces Working with VMware, Inc. for A Use Case Driven Trial Using the VMware ..
CI
More news
Analyst Recommendations on VMWARE, INC.
More recommendations
Financials (USD)
Sales 2023 13 372 M - -
Net income 2023 1 352 M - -
Net Debt 2023 6 882 M - -
P/E ratio 2023 38,1x
Yield 2023 -
Capitalization 51 804 M 51 804 M -
EV / Sales 2023 4,39x
EV / Sales 2024 3,93x
Nbr of Employees 37 500
Free-Float 53,4%
Chart VMWARE, INC.
Duration : Period :
VMware, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VMWARE, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 121,77 $
Average target price 139,33 $
Spread / Average Target 14,4%
EPS Revisions
Managers and Directors
Rangarajan Govind Raghuram Chief Executive Officer & Director
Sumit Dhawan President
Zane C. Rowe Chief Financial Officer & Executive Vice President
Michael Saul Dell Chairman
Jason Conyard Chief Information Officer
Sector and Competitors
1st jan.Capi. (M$)
VMWARE, INC.1.03%51 804
ZSCALER, INC.26.32%19 467
MONDAY.COM LTD.15.42%6 348
KPIT TECHNOLOGIES LIMITED5.45%2 555
WALKME LTD.0.18%902
TRAFFIC CONTROL TECHNOLOGY CO., LTD.0.13%668