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What is VMware doing right when its revenue breaks 10 billion dollars for the first time in fy2020?

via:博客园     time:2020/3/22 22:31:24     readed:780

Recently, VMware released its 2020 financial report, which shows that the total revenue of VMware in 2020 is US $10.81 billion, up 12% year-on-year, which is the first time in the company's history that it has exceeded US $10 billion in revenue. Among them, subscription and SaaS revenue was US $1.88 billion, up 44% year on year.

In January this year, VMware completed the acquisition of pivot software, an enterprise application development platform, for $2.7 billion. Within less than a month, VMware acquired nyansa, a network analysis start-up company. Last August, VMware also acquired carbon black, a network security company, for $2.1 billion.

On the basis of VMware's recent acquisition, its management decided to list separately the revenue from subscription and SaaS services starting in the fourth quarter of fiscal year 2020, VMware to add a new revenue item to its earnings, called a new revenue item

The increase in subscription and SaaS revenue means a decrease in short-term revenue in the licensing category, with a slight impact on the statements in the short term, but VMware can tolerate these declines relative to the broader subscription and SaaS markets.

VMware revenue now consists of three parts, licenses, subscriptions and SaaS,, and services. Before, subscription and SaaS revenue were called

And it also shows that VMware is firmly following the transition strategy

At first the rise of the public cloud brought VMware more challenges until VMware changed minds.

Traditional IT、 private cloud, public cloud, mixed cloud, cloud origin, enterprise users or early or late into the cloudy environment, cloud computing changes the business model of enterprises, but also completely changes the strategic orientation of VMware.

For example, VMware's signature product, VMware Tanzu, aims to integrate kubernets containers and VMware virtual machines into a management platform, manage virtual machines, containers and physical machines in a unified way, and realize the application of cross physical machines, virtual machines, internal data centers and multi cloud management, so as to provide a unified support for workload, even for Key, heptio and other acquisitions are all aimed at further expanding Tanzu's capabilities.

In the Chinese market, VMware chooses to cooperate with Alibaba cloud. VMware will specifically configure its core virtualization software for the public cloud platform, and Alibaba cloud integrates VMware Hybrid cloud software products give full play to the agility and high scalability of public cloud infrastructure, and deliver hybrid cloud solutions for enterprises. Enterprises can easily expand the existing workload from the locally deployed data center to the cloud.

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