Citrix Systems Banks on Virtualization, Cloud; Adds Products
October 13, 2014
Grazed from Zacks. Author: Editorial Staff.
On Oct 10, 2014, we issued an updated research report on Citrix Systems, Inc. (CTXS – Analyst Report), a leading provider of virtualization, networking and cloud computing solutions in the U.S. Citrix is concentrating on three broad markets: Desktop virtualization, Cloud Infrastructure and networking, and Collaboration and sharing. As desktop virtualization has become a top priority for any IT set-up, Citrix is continuously introducing innovative products that will facilitate business flexibility, security and centralized management system.
We believe the global trend toward virtualization and cloud computing will facilitate Citrix to retain its momentum in the long term. Moreover, both its XenMobile and XenApps are gaining significant market traction in the highly lucrative enterprise mobility segment and Windows app virtualization…
Last month, Citrix Systems launched an innovative app called ShareConnect, which will provide unique desktop-like facilities to iPads and Android-based tablets. Using ShareConnect will make work easier for users who are on the move for the greater part of the day. Through this app, they will be able to access important business applications, files and networks even when they are out of office. We believe the ShareConnect app will help Citrix Systems drive its top and bottom line in the coming quarters…
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