Editor’s note: Diverse contributions from VMware’s growing portfolio of services is delivering strong growth so far in 2017, says Technology Business Research Analyst Sanjay Medvitz.
HAMPTON, N.H. – VMware has recently posted strong results in 1Q17, growing top-line revenue 9% year-to-year to $1.74 billion, with license growth of 7% year-to-year.
Quarterly results displayed progress across VMware’s growing product portfolio, particularly in key areas such as hybrid cloud, SDDC and EUC. Hybrid cloud and SaaS revenue grew to over 9% of total revenue in 1Q17 and is expected to be bolstered by the second half availability of VMware Cloud on AWS.
- VIDEO: Watch an update on VMware’s offerings at https://www.youtube.com/watch?v=YHIER4n8SFk
NSX grew license bookings over 50% year-to-year and was included in nine of the top 10 deals, as customers increasingly leverage the solution for microsegmentation security purposes. VMware also continues to capitalize on digital workspace trends, improving EUC license bookings 20% year-to-year.
VMware announced various partnerships in 1Q17 to help fuel innovation and drive its expanded portfolio to market.
The vendor stuck deals with Google, Oracle and Microsoft to improve EUC capabilities and reach. At Dell EMC World 2017, VMware also announced a strategic alliance with Pivotal, integrating NSX with Pivotal Cloud Foundry to deliver infrastructure with developer-friendly capabilities.
TBR expects VMware’s rapid innovation efforts to continue throughout 2017 as it looks to scale its emerging business areas for long-term success.
(C) TBR
