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

VMWARE, INC.

(VMW)
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VMware : and NVIDIA to Enable Next-Gen Hybrid Cloud Architecture and Bring AI to Every Enterprise

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09/30/2020 | 09:05am EDT

300,000-plus VMware Customers Can Benefit from Unified Management of NVIDIA AI Software with All Apps, Tap into Security, Acceleration Capabilities of NVIDIA BlueField-2 DPU.

VMworld 2020 - At VMworld 2020,VMware and NVIDIA today announced a broad partnership to deliver both an end-to-end enterprise platform for AI and a new architecture for data center, cloud and edge that uses NVIDIA DPUs (data processing units) to support existing and next-generation applications.

Through this collaboration, the rich set of AI software available on the NVIDIA NGCTM hub will be integrated into VMware vSphere, VMware Cloud Foundation and VMware Tanzu. This will help accelerate AI adoption, enabling enterprises to extend existing infrastructure for AI, manage all applications with a single set of operations, and deploy AI-ready infrastructure where the data resides, across the data center, cloud and edge.

Additionally, as part of Project Monterey separately announced today, the companies will partner to deliver an architecture for the hybrid cloud based on SmartNIC technology, including NVIDIA's programmable NVIDIA BlueField-2. The combination of VMware Cloud Foundation and NVIDIA BlueField-2 will offer next-generation infrastructure that is purpose-built for the demands of AI, machine learning, high-throughput and data-centric apps. It will also deliver expanded application acceleration beyond AI to all enterprise workloads and provide an extra layer of security through a new architecture that offloads critical data center services from the CPU to SmartNICs and programmable DPUs.

'We are partnering with NVIDIA to bring AI to every enterprise; a true democratization of one of the most powerful technologies,' said Pat Gelsinger, CEO of VMware. 'We're also collaborating to define a new architecture for the hybrid cloud-one purpose built to support the needs and demands of the next generation of applications. Together, we're positioned to help every enterprise accelerate their use of breakthrough applications to drive their business.'

'AI and machine learning have quickly expanded from research labs to data centers in companies across virtually every industry and geography,' said Jensen Huang, founder and CEO of NVIDIA. 'NVIDIA and VMware will help customers transform every enterprise data center into an accelerated AI supercomputer. NVIDIA DPUs will give companies the ability to build secure, programmable, software-defined data centers that can accelerate all enterprise applications at exceptional value.'

View today's VMworld 2020 CEO discussion featuring Pat Gelsinger and Jensen Huang, and join us at GTC 2020 on October 5 to learn more.

UCSF Advances Healthcare with NVIDIA and VMware

Among the organizations integrating their VMware and NVIDIA ecosystems is the UCSF Center for Intelligent Imaging. A leader in the development of AI and analysis tools in medical imaging, the center uses the NVIDIA ClaraTM healthcare application framework for AI-powered imaging, and VMware Cloud Foundation to support a broad range of mission critical workloads. The center provides the University of California San Francisco community and academic and industry partners a critical resource for discovering, innovating and adopting AI to improve patient care.

'AI can be used to detect disease in large patient imaging studies more rapidly than the human eye, and, with further research, this technology will enable doctors to provide the fastest, most accurate and safest diagnoses and treatments for patients,' said Christopher Hess, chair of Radiology and Biomedical Imaging at UCSF. 'Bringing our NVIDIA Clara AI application frameworks and VMware Cloud Foundation together will help us expand our work in AI using a common data center infrastructure for activities such as training and research, and to help support time-sensitive urgent care diagnostics.'

Enterprise-Ready Platform for AI

The first aspect of NVIDIA and VMware's collaboration - the integration of NVIDIA NGC with VMware vSphere and VMware Cloud Foundation - will simplify the deployment and management of AI for the most demanding workloads. Industries ranging from healthcare to financial services, retail and manufacturing will be able to easily develop and deploy AI workloads using containers and virtual machines, on the same platform as their enterprise applications, at scale across the hybrid cloud.

VMware customers will be able to accelerate data science and AI workloads building on existing infrastructure, resources and toolsets - helping to broaden adoption of AI and ML technologies. Data scientists, developers and researchers will gain immediate access to the wide array of NGC's cloud-native, GPU-optimized containers, models and industry-specific software development kits. NGC software is supported on a select set of pre-tested NVIDIA A100-powered servers expected from leading system manufacturers, including Dell Technologies, Hewlett Packard Enterprise (HPE) and Lenovo.

Delivering New Hybrid Cloud Architecture for Next Gen Apps

The second element of VMware and NVIDIA's collaboration recognizes that, as next-generation workloads grow in complexity, SmartNICs and DPUs are critical technologies for securely accelerating a wide range of enterprise applications where the data resides.

VMware and NVIDIA are delivering a new architecture for the hybrid cloud that will help organizations evolve their infrastructure and operations and introduce a new security model that offloads hypervisor, networking, security and storage tasks from the CPU to the DPU. This new architecture will also extend the VMware Cloud Foundation operating model to bare metal servers.

The architecture is the cornerstone of VMware's Project Monterey, a technical preview announced at VMworld 2020 today. Leveraging the NVIDIA BlueField-2 DPU with VMware Cloud Foundation, customers will be able to speed up a wide range of next-gen and general-purpose applications, deliver programmable intelligence and operate a distributed, zero-trust security model across data centers, the edge and telco clouds.

Early Access for Visionary Enterprises

Extensive software engineering collaboration on the NVIDIA and VMware enterprise AI and accelerated computing platforms is underway. Companies seeking to operationalize AI and securely accelerate applications on their hybrid clouds can sign up for updates on availability. Tune in to VMware sessions at GTC 2020 next week to find out more.

About NVIDIA

NVIDIA's invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined modern computer graphics and revolutionized parallel computing. More recently, GPU deep learning ignited modern AI - the next era of computing - with the GPU acting as the brain of computers, robots and self-driving cars that can perceive and understand the world. More information at http://nvidianews.nvidia.com/.

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.

Certain statements in this press release including, but not limited to, statements as to: VMware and NVIDIA enabling next-gen hybrid cloud architectures and bringing AI to every enterprise; the benefits and impact of VMware and NVIDIA's partnership and collaboration; what the VMware and NVIDIA partnerships will deliver, accelerate, offer, enable, simplify and provide access to; the integration of NVIDIA's products; VMware partnering with NVIDIA to bring AI to every enterprise and to define a new architecture for the hybrid cloud, supporting the next generation of applications; the companies helping every enterprise accelerate their use of breakthrough applications; the expansion of AI and machine learning; the partnership helping customers transform every enterprise data center into an accelerated AI supercomputer; NVIDIA DPUs giving companies the ability to build data centers that accelerate applications at value; the organizations integrating VMware and NVIDIA ecosystems and what they provide; AI technology enabling doctors to provide diagnoses and treatments; NVIDIA and VMware's products joining together and expanding UCSF's work in AI and supporting urgent care diagnostics; the industries able to develop and deploy AI workloads and scale based on the NVIDIA and VMware collaboration; and the benefits, abilities and performance of the new architecture from VMware and NVIDIA are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; reliance on third parties to manufacture, assemble, package and test products; the impact of technological development and competition; development of new products and technologies or enhancements to existing product and technologies; market acceptance of products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems, as well as other factors detailed from time to time in the reports that the companies file with the Securities and Exchange Commission. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, the companies disclaim any obligation to update these forward-looking statements to reflect future events or circumstances.

2020 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, BlueField, NGC, and NVIDIA Clara are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S.and other countries. Other company and product names may be trademarks of therespective companies with which they are associated. Features, pricing, availability, and specifications are subject to change without notice.

VMware, vSphere, Tanzu and VMware Cloud Foundation are registered trademarks or trademarks of VMware, Inc. in the United States and other jurisdictions. All other marks and names mentioned herein may be trademarks of their respective companies. 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. The information in this press release is for informational purposes only and may not be incorporated into any contract.

VMware

Eloy Ontiveros

Director, Software-Defined Data Center PR

+1.650.427.6145

eontiveros@vmware.com

NVIDIA

Shannon McPhee

Senior PR Manager

+1-310-920-9642

smcphee@nvidia.com

(C) 2020 Electronic News Publishing, source ENP Newswire


Stocks mentioned in the article
ChangeLast1st jan.
NVIDIA CORPORATION 1.72% 543.61 Delayed Quote.131.03%
VMWARE, INC. 1.00% 149.2 Delayed Quote.-1.71%
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Financials (USD)
Sales 2021 11 622 M - -
Net income 2021 1 506 M - -
Net Debt 2021 532 M - -
P/E ratio 2021 41,7x
Yield 2021 -
Capitalization 62 683 M 62 683 M -
EV / Sales 2021 5,44x
EV / Sales 2022 4,69x
Nbr of Employees 29 450
Free-Float 19,3%
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Number of Analysts 28
Average target price 176,44 $
Last Close Price 149,20 $
Spread / Highest target 35,4%
Spread / Average Target 18,3%
Spread / Lowest Target -0,13%
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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
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