VMware Shouts Cloud Computing In Q4 Results
When VMware announced strong Q4 results earlier today, the terms cloud computing, cloud infrastructure and cloud era were sprinkled all over VMware’s earning statement. Talkin’ Cloud doesn’t know how much of VMware’s revenues actually come from cloud computing and cloud services providers, but the virtualization company is talking one heck of a cloud game.
According to VMware, the company’s Q4 revenues were $1.06 billion, up 27 percent from Q4 2010. Also, Q4 2011 net income was $200 million, up sharply from $120 million in Q4 2010. The results beat analyst expectations and VMware shares have been trading 2 percent to 4 percent higher since the earnings were announced earlier today.
VMware, by the way, is part of the Talkin’ Cloud Stocks Index, which tracks 20 publicly held cloud computing companies.
So where does cloud computing fit into the VMware discussion? Neither CEO Paul Maritz nor CFO Mark Peek specifically mentioned cloud computing in their prepared earnings release statements. But VMware said three Q4 product releases — vCenter Operations, vFabric Application Management and the IT Business Management suites — are helping customers to gain economies of scale with cloud computing.
Backed by its financial results, VMware continues to claim that the company is “the leader in virtualization and cloud infrastructure solutions that enable businesses to thrive in the Cloud Era.”
Still, rivals are striving to gain ground on VMware. Just last week, Red Hat launched Red Hat Enterprise Virtualization 3.0 to help customers and partners build public cloud and private clouds. And Microsoft continues to give chase with its own Hyper V strategy, though virtualization was not mentioned in Microsoft’s latest earnings release.
Next up for VMware: The VMware Partner Exchange conference (Feb. 13-16, Las Vegas), which will attract thousands of VMware channel partners. No doubt, VMware will continue shouting “Cloud Computing” from the casino rooftops.