‘Cloud Computing Is The Fifth Wave’
August 13, 2014Grazed from BusinessWorld. Author: Editorial Staff.
VMware is an American technology company that provides cloud and virtualisation software and services. Virtualisation in computing refers to the process of creating a virtual (rather than a real) version of hardware, operating systems, storage devices, and computer network resources. It has helped technology companies reduce expenses by boosting efficiency and agility.
Though VMware is majority owned by data storage giant EMC, it operates independently and works with even competitors of its parent. It accounts for a quarter of EMC’s revenues, and more than 70 per cent of EMC’s market capitalisation of nearly $60 billion. VMware, which had revenues of $5.21 billion in 2013, is the fifth-largest software company in the world…
A leader in virtualisation software, VMware has set its sights on the cloud and software-defined data centre markets. In India, the company is competing with offerings from vendors such as Amazon, Microsoft and Google. In its effort to redefine the data centre market, VMware has not been averse to taking on even a partner like Cisco. Pat Gelsinger, the chief executive officer of VMware, is an industry veteran having earlier worked with Intel and EMC. On a recent visit to India, he spoke to BW|Businessworld on how VMware sees the global technology industry. Excerpts:…
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