Broadcom tries to quash VMware price rise rumors as CEO promises they won't
that Broadcom is"totally focused on the priorities of … 600 strategic accounts" and was able to reduce R&D spend by addressing their needs and downplaying work for other customers who would be"sustained". Smaller customers would be allowed to"trail" – a term that translated to many receiving strong price signals they could do better with alternative suppliers.
At the November 2021 event, Broadcom also explained that it improves profitability at acquired software companies by reducing sales and marketing expenses. The company has also signalled it intends to quickly increase VMware profits.It may be more than a year before Broadcom's full plan becomes visible, as the company has said it aims to complete the acquisition of VMware before the end of its FY 2023 financial year, which ends on October 31, 2023.
Ramaswami added that new customers, and repeat customers, increasingly come to Nutanix for mission-critical apps. Desktop virtualization, which once dominated Nutanix's installed base, is now just 20 to 25 percent of usage. Ramaswami said while Microsoft in particular is aggressively moving virtual desktops to its Azure cloud, Nutanix can still thrive in the field because those in highly regulated industries, or who need high-performance virtual desktops, still value Nutanix's tech.
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