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VMWARE, INC.

(VMW)
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Delayed Nyse  -  04:00:02 2023-02-06 pm EST
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VMware : Delivers Innovations in Multi-Cloud Networking and Security

11/08/2022 | 03:14am EST
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BARCELONA-VMware Explore 2022 Europe (Nov. 8, 2022)-Announced in technology preview at VMware Explore US, VMware's Project Northstar aims to accelerate the enterprise application and cloud journey by simplifying how networking and security services are consumed in a multi-cloud world. Project Northstar delivers multi-cloud networking, security, workload mobility, and end-to-end threat detection and response from a centralized management console that helps customers achieve consistent policy, automation, and simplified software-as-a-service (SaaS) consumption across private and public clouds. Today, VMware Inc. (NYSE: VMW) unveiled VMware HCX+ and enhancements to the VMware NSX ALB PULSE Cloud Service to help enterprises embrace the cloud operating model with centralized management, orchestration, and observability across their cloud networking infrastructure.

"As enterprises move to a multi-cloud world, they must reevaluate how they connect, secure, and manage applications and workloads distributed across private and public cloud environments. Traditional network architecture and tools have not kept pace with the enterprise's cloud transformation, leading to complexity and operational challenges in managing multi-cloud infrastructure," said Umesh Mahajan, senior vice president and general manager for VMware's Networking and Security business unit. "By enabling consistent policy, operations, and automation across multiple cloud environments, Project Northstar represents the future of cloud-smart networking and security services delivered via a flexible subscription model."

VMware HCX+ aims to be a fully managed workload migration and mobility as-a-service that will provide centralized management, orchestration, and observability for workload migration, repatriation, and rebalancing initiatives across multi-cloud environments. With HCX+, customers will benefit from a dashboard view of their multi-site connectivity and migration activities, helping them accelerate their large-scale workload migration projects seamlessly, securely, and with minimal downtime.

"VMware HCX+ will give us the ability to accelerate and execute large, multi-cloud migration projects with ease. With HCX we can centrally manage workload mobility across our multiple sites with a high degree of operational efficiency," said Brian Gay, IT systems engineer at Health New England. "We worked with the VMware HCX team during the early stages of the product and provided feedback. We are excited about the success of HCX+ and are eager to see what more it can enable for us."

VMware NSX Advanced Load Balancer's PULSE Cloud Service will enable customers to simplify and improve agility across their multi-cloud environments, delivering centralized licensing, threat telemetry, and proactive support. VMware is announcing a new unified dashboard that will provide customers with comprehensive visibility and inventory management of all cloud-enabled NSX-ALB controllers across their multi-cloud environments. Customers can gain deeper insight into application performance, infrastructure health, resource consumption, and license usage through the unified dashboard while simplifying operations and troubleshooting issues from a single location.

Project Northstar Services

Project Northstar is a major advancement of VMware NSX that aims to empower customers with a set of integrated on-demand multi-cloud networking and security services. Project Northstar includes:

  • Centralized Policy Management: Customers will be able to manage networking and security policies centrally across all their cloud environments, with integrated networking and security operations and troubleshooting.
  • Security Planning and Visibility: The NSX Intelligence service will provide a comprehensive real-time view across a customer's multi-cloud environment. It's powered by a scalable data lake managed by VMware that ingests data on traffic flow and will provide recommendations for network and security policies across multi-cloud deployments. Network Traffic Analysis (NTA) will provide further insights into threats and detect behavioral anomalies.
  • Network Detection and Response (NDR): The NDR service will provide scalable threat detection and response for workloads deployed across multi-clouds. The NDR correlation engine will analyze IDPS, malware, and anomaly events based on threat campaigns, which helps customers prevent alert overload and simplify SOC monitoring processes.
  • Advanced Load Balancing: The advanced load balancing (ALB) cloud service and hosted controller capabilities will be supported on VMware Cloud, followed by public clouds and on-prem and will implement the controller as a VMware-managed service that can be used standalone or in conjunction with other Project Northstar SaaS services.
  • Workload Migration and Mobility: With VMware HCX+, VMware is working towards offering a fully managed workload migration and mobility as-a-service to customers. With this solution, customers will have the ability to centrally orchestrate secure connectivity across multiple sites and help plan and manage migration and mobility across those sites.

Project Northstar represents a strategic shift to deliver these services across on-prem, hybrid, and multi-cloud environments via a SaaS delivery model.

Availability

VMware NSX ALB PULSE Cloud Service enhancements will be available in Q4 of VMware's FY23, while VMware HCX+ is available to all customers in beta.

VMware Cross-Cloud™ services Helps Customers Navigate the Multi-Cloud Era

At VMware Explore 2022 Europe, VMware is unveiling new and enhanced offerings for VMware Cross-Cloud services to help customers navigate the multi-cloud era with freedom, flexibility, and security. VMware Cross-Cloud services are a portfolio of cloud services that deliver a unified and simplified way to build, operate, access, and better secure any application on any cloud from any device. VMware Cross-Cloud service pillars include 1) App Platform, 2) Cloud Management, 3) Cloud & Edge Infrastructure, 4) Security & Networking, and 5) Anywhere Workspace. For the latest news and more on how VMware is delivering a faster and smarter path to cloud for digital businesses, visit the VMware Explore 2022 Europe media kit.

About VMware Explore

VMware Explore is an evolution of the company's flagship conference, VMworld. VMware Explore aims to be the industry's go-to-event for all things multi-cloud. This year, it will feature industry-led solution and technical sessions, an extensive ecosystem of 90% of the top cloud partners, a thriving marketplace of multi-cloud ISVs and several networking events. To learn more about VMware Explore, please visit: www.vmware.com/explore.html.

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 NSX, are registered trademarks or 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.

Media Contacts
Vivaan GideonVMware Global Communicationsvgideon@vmware.com+1 512 367 0027

Disclaimer

VMware Inc. published this content on 08 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2022 08:13:03 UTC.


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Financials (USD)
Sales 2023 13 372 M - -
Net income 2023 1 352 M - -
Net Debt 2023 6 882 M - -
P/E ratio 2023 37,3x
Yield 2023 -
Capitalization 50 770 M 50 770 M -
EV / Sales 2023 4,31x
EV / Sales 2024 3,86x
Nbr of Employees 37 500
Free-Float 53,4%
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Number of Analysts 14
Last Close Price 119,34 $
Average target price 139,33 $
Spread / Average Target 16,8%
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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
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