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Prioritizing The Customer In The Virtualization Arena [Forbes]
Last broadcom inc. earnings: 3/12 04:15 pm
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US:NASDAQ Investor Relations: investors.broadcom.com
Virtualization has long been the backbone of modern IT infrastructure, setting the stage for efficient resource management and innovation. VMware created and defined the x86 virtualization market starting in 1999. Since then, it's become a billion-dollar market , and hundreds of thousands of enterprises have come to rely on VMware's foundational technology. Along the way, the company has garnered a dedicated community and amassed considerable influence within the data center industry. However, with Broadcom's acquisition of VMware in late 2023, the dynamics of the virtualization industry shifted dramatically. Sweeping changes in licensing and strategy have left many businesses searching for alternatives. The Shift To Subscriptions And Its Challenges For VMware Customers Broadcom announced that it would discontinue the sale of perpetual VMware licenses and the renewal of support and subscription (SnS) contracts. Perpetual licenses allow businesses to use the software indefinitel
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