Latest news with #VMwareCloudFoundation
Techday NZ
3 days ago
- Business
- Techday NZ
Broadcom launches VMware Cloud Foundation 9.0 to boost private AI
Broadcom has announced the general availability of VMware Cloud Foundation 9.0, a new version of its private cloud platform offering enhanced management for traditional, AI, and cloud-native applications. The latest iteration of VMware Cloud Foundation (VCF) is designed to provide a consistent operating model for private cloud deployments, supporting a range of environments including data centres, edge locations, and managed infrastructure from both service providers and hyperscalers. According to Broadcom, VCF 9.0 combines features commonly associated with public cloud—such as agility and scalability—with the security, performance, and governance advantages of on-premises solutions. This release comes amid a shift in cloud strategies across Australia, with many organisations re-evaluating their reliance on public cloud platforms because of concerns about security, cost management, and data governance. Broadcom's Private Cloud Outlook 2025 report indicates that 67% of enterprises in the region are planning to repatriate workloads from public to private clouds, with one third already in the process of doing so. Platform features VCF 9.0 introduces a unified platform capable of running a range of application types—traditional, cloud-native, and AI—while maintaining consistent operations and controls. The platform is aimed at accelerating innovation by providing out-of-the-box self-service and streamlined deployment options, enabling development teams to focus on applications rather than infrastructure. Cost control is addressed through tools delivering deep visibility into resource usage. These allow for improved planning, predictive management, and optimisation of cloud expenditure. Enhanced support for sovereignty and security includes improved compliance functionality, cyber resilience at scale, and fleet-level management for rapid patch deployment and updated security controls. "With this next generation of our cloud platform, VMware Cloud Foundation 9.0, we are again raising the bar for the modern private cloud by vastly simplifying the deployment, operations, and developer experience of the cloud," said Krish Prasad, Senior Vice President and General Manager, VCF Division, Broadcom. "Most enterprises are now looking to the private cloud to run both traditional mission-critical and new AI and containerized applications. VMware Cloud Foundation 9.0 is the ideal platform for running these modern applications, enabling our customers to be more innovative, efficient, resilient, and secure. We are very excited to see that customers of all sizes are embracing VCF at a rate that has exceeded even our own high expectations." Customers have highlighted the operational efficiencies provided by the latest VCF platform. Roger Joys, Principal Technology Strategy Advisor, Cloud & Data at GCI Communications, said, "VMware Cloud Foundation has enabled us to execute on our private cloud strategy by breaking down IT silos, removing technical debt, and allowing teams to shift from focusing on keeping the lights on to higher value projects that move our business forward. By delivering an 'everything as code' private cloud platform, we simply do everything faster and more securely now. Security patches are easier to implement, new applications are deployed in minutes rather than months, and services are updated and rolled out to customers in a fraction of the time. These are all benefits people only thought were possible in the public cloud. We are doing these things in our modern private cloud." Paolo Bazzica, Chief Information Officer at IPZS, described the use of VCF at the institution: "VMware Cloud Foundation is at the core of our Digital Application Platform. Using VCF, we have expanded our on prem delivery capabilities while improving operational efficiency. At IPZS, we feel that we are now on the right track to continue supporting Italy's digital transition with a modern private cloud that enables full use of our competences to deliver cloud native applications. Compared to more traditional on-prem setup, we saw a steep IT manual tasks reduction by up to 70% through automation while improving our business resilience." Additional feedback on the new platform came from Michael Heier, Head of Managed Workplace at Ratiodata, who noted, "With VMware Cloud Foundation, we can offer our customers a private cloud operating model from our own data centre. VCF offers a significantly more flexible and easier-to-manage IT infrastructure with its automation, advanced security features, dynamic networking capabilities, and comprehensive cloud management. VMware vSphere Kubernetes Service enables us to deliver a unified platform for both VM and containerized apps, while VMware Private AI allows us to securely harness AI capabilities across this infrastructure. Increased server performance and superior VM density will reduce our total number of servers, lowering power consumption and costs by an estimated 25–30%." Keith Woolley, Chief Digital and Information Officer at the University of Bristol, also commented, "Previously we had a large-scale legacy IT infrastructure that needed to evolve into something that was very agile, flexible, cost-optimized and secure. With VMware Cloud Foundation, University of Bristol has built a modern private cloud that completely revolutionizes the way we operate and deliver services to our academic community. VCF enables us to run our AI jobs. It gives us the sovereignty we were seeking. And we know there's hidden benefits in the VCF platform that we're only just starting to discover." Technological improvements VCF 9.0 introduces a redesigned architecture aimed at reducing friction between IT administrators and application teams. Features include a single user interface for private cloud operations, the Quick Start App for streamlined setup, integrated cost management, centralized identity and access controls, consolidated log management, and advanced analytics for workload monitoring and optimisation. The update includes enhanced automation options and role-based access, aiming to simplify both administration and deployment of infrastructure resources. Support for mixed workloads is expanded by allowing both virtual machines and containers to be managed using the embedded vSphere Kubernetes Service, allowing simplified operations and security policy enforcement across different types of applications. Key cost management capabilities include in-depth analytics for infrastructure forecasting, dynamic resource optimisation, and automated showback and chargeback features for tracking infrastructure spend. Security and regulatory compliance are addressed through the introduction of a SecOps dashboard and support for confidential computing features from AMD and Intel, helping organisations to deploy secure workloads across various infrastructure environments. Advanced services and ecosystem partnerships Broadcom is offering new and updated advanced services for the VCF platform, such as VMware Private AI Foundation with NVIDIA, VMware Live Recovery, VMware vDefend, VMware Data Services Manager, and Avi Load Balancer. These services address areas like enterprise AI, disaster recovery, threat detection, database as a service, and load balancing for cloud-native workloads. Industry partners have commented on the launch. Raghu Nambiar, Corporate Vice President, Silicon Design Engineering, AMD, said, "AMD and VMware continue to push the boundaries of enterprise infrastructure. The latest release of VMware Cloud Foundation 9.0 builds on our shared vision to deliver solutions with great performance, exceptional total cost of ownership, and advanced security with AMD EPYCTM processors featuring SEV-SNP. Customers can confidently and efficiently scale modern workloads—from virtualization to AI—across secure hybrid cloud environments." Brett Tanzer, Vice President, Product Management for the Azure Solutions and Ecosystem Team, stated, "Azure VMware Solution (AVS) is a fully managed VCF service that provides customers the flexibility to combine VMware Cloud Foundation private clouds with the scale and flexibility of Azure. As customers adopt the latest innovations in VMware Cloud Foundation 9.0, they will be able to take advantage of Microsoft's support for VCF license portability to extend VMware workloads to Azure as is, with minimal to no refactoring, and benefit from the continuity, scale, and fast provisioning for VMware workloads on global Azure infrastructure." Gil Shneorson, Senior Vice President, Solutions Platform, Dell Technologies, said, "As organizations face increasing demands for data security, control and scalability, they're turning to Dell Technologies to help them easily build private cloud environments. VMware Cloud Foundation 9.0 on Dell infrastructure will deliver a private cloud solution that eliminates IT silos, reduces risk and boosts operational efficiency." Nirav Mehta, Vice President, Product Management, Google Cloud, also commented: "Our strong partnership with Broadcom is key to delivering the latest VMware innovations on Google Cloud. With VMware Cloud Foundation 9.0, we're particularly excited about the unified interface for private cloud operations, which streamlines management, and the frictionless cloud consumption experience, which empowers both platform and development teams. We look forward to bringing these advanced capabilities and more to Google Cloud VMware Engine, further enabling our customers to accelerate innovation and optimize their cloud environments." Rajeev Bhardwaj, Vice President and Chief Product Officer, Private Cloud and Flex Solutions, HPE, said, "As enterprises embrace hybrid operating models, IT teams are under increasing pressure to modernize infrastructure without adding complexity or compromising on security and resilience. HPE GreenLake for VMware Cloud Foundation with VCF 9.0 will offer a co-engineered, validated solution with flexible consumption, multi-layered security and pre-integrated technology—all designed to streamline an organization's private cloud journey." Greg Ernst, CVP, Sales and Marketing Group, Intel Corporation, added, "VMware Cloud Foundation 9.0 on Intel Xeon 6 platforms brings new levels of cost optimization and advanced security to the modern private cloud. With greater hardware consolidation and Intel TDX enabling confidential computing, our mutual customers can lower total cost of ownership, enhance trust and data protection, and accelerate their AI adoption." Stuart McRae, Executive Director and General Manager, Data Storage Solutions, Lenovo ISG, commented, "Lenovo ThinkAgile VX Series, a co-engineered solution with VMware Cloud Foundation, enables enterprises to implement a hybrid cloud environment using a turnkey solution for faster deployments, seamless lifecycle management and full-stack monitoring with Lenovo XClarity. Built on trusted Lenovo servers that are reliable and secure, this workload-ready solution is tested, optimized and validated for compliance to handle various workloads, including demanding AI projects. With VCF 9.0, Lenovo will offer customers a unified platform for all applications, blending public cloud agility with on-premises security and resilience." John Fanelli, Vice President, Enterprise AI Software at NVIDIA, said, "Enterprises building AI factories need solutions for integrating AI into the heart of their operations. VMware Private AI Foundation with NVIDIA fast-tracks enterprise AI deployments with a secure, full-stack platform for building, customizing and running AI models, agents and applications."
Yahoo
3 days ago
- Business
- Yahoo
Broadcom Updates VMware Cloud Platform For Streamlined Operations
Broadcom (NASDAQ:AVGO) on Tuesday announced the general availability of VMware Cloud Foundation (VCF) 9.0, a private cloud platform that helps modernize infrastructure and accelerate cloud adoption. The platform simplifies hybrid cloud management, enhances security, and provides a consistent operating model across data centers and public clouds for faster application development and improved cost control. VMware Cloud Foundation 9.0 boasts a completely new architecture that empowers IT admins and application teams to accomplish far more and spend far less, the company said in a press platform delivers a streamlined experience for building, operating, and securing a modern private cloud across on-premises data centers, in hyperscaler and VMware Cloud Service provider clouds, and at the edge. Last December, JP Morgan analyst Harlan Sur projected upside for Broadcom, citing a strong demand profile for AI products, continued cyclical recovery in its diversified semiconductor (ex-AI) end markets, and unlocked VMWare revenue synergy. In the software infrastructure business, Sur noted continued strong momentum in VMware, based on strong software renewals with its large corporate customers. In the longer term, Sur noted over a $30 billion pipeline of AI revenue opportunities per AI customer over the next 4-5 years or over $150 billion in cumulative AI revenue opportunity. Broadcom reported second-quarter revenue of $15 billion, up 20%, beating analyst estimates of $14.99 billion. This was driven by continued momentum in AI semiconductor solutions and VMware. The semiconductor company also reported second-quarter adjusted earnings of $1.58 per share, beating analyst estimates of $1.56. The second-quarter AI revenue grew 46% to over $4.4 billion, driven by robust demand for AI networking. It expects growth in AI semiconductor revenue to accelerate to $5.1 billion in the third quarter, delivering ten consecutive quarters of growth, as its hyperscale partners remain invested in boosting their AI infrastructure. Price Action: AVGO stock is trading higher by 0.23% to $249.94 premarket at last check Wednesday. Read Next:Photo by Ken Wolter via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? BROADCOM (AVGO): Free Stock Analysis Report This article Broadcom Updates VMware Cloud Platform For Streamlined Operations originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-06-2025
- Business
- Yahoo
AVGO vs CSCO: Which Enterprise Security Software Stock Has an Edge?
Broadcom AVGO and Cisco Systems CSCO are key providers of security software solutions for enterprises. AVGO offers Endpoint Security (Symantec and Carbon Black), Network Security, Information Security, Application Security (Carbon Black) and Identity Security solutions. Meanwhile, CSCO offers Network Security, Identity and Access Management, Secure Access Service Edge and Threat Intelligence, Detection and Response to Gartner's latest data, enterprise spending on cybersecurity software and network security will grow 14% in 2025 to $118.5 billion, driven by strong demand for Generative AI (Gen AI) and cloud adoption. IDC expects global cybersecurity spending to grow 12.2% year over year in 2025, driven by increasing complexity and frequency of cyberattacks due to growing deployment of Gen AI and AI, with spending on security software to grow 14.4% year over year. The bullish projections offer significant growth opportunities for both Broadcom and companies are benefiting from strong demand for AI infrastructure, data center build-outs and an increasing threat landscape. Shares of Broadcom and Cisco have appreciated 10.3% and 9.8% year to date. Image Source: Zacks Investment Research So, Broadcom or Cisco, which is leading the charge? Let's find out. Broadcom's security offerings are a part of its broader Infrastructure Software solution that accounted for 44% of revenues in the second quarter of fiscal 2025. Infrastructure software revenues jumped 25% year over year to $6.6 billion, bolstered by the successful conversion of enterprise customers to the full VMware Cloud Foundation (VCF) software stack subscription. AVGO expects infrastructure software revenues to be approximately $6.7 billion, up 16% year over year, in the third quarter of fiscal focus on delivering AI-powered, proactive security to stay ahead of evolving cyber threats has been noteworthy. In March, AVGO introduced updates to VMware vDefend, improving security planning, lifecycle management, and scalability for VCF with new tools like the Security Segmentation Assessment and Report, optimized micro-segmentation, and advanced Network Detection and Response, all aimed at improving threat prevention and operational efficiency. In April, Broadcom introduced Incident Prediction, which extends the security feature of Adaptive Protection, a unique capability of Symantec Endpoint Security Complete (SES-C).Apart from Infrastructure solutions, strong demand for Broadcom's application-specific integrated chips (ASICs), designed to support AI and machine learning and make these tasks more efficient, aids top-line growth. Custom AI accelerators (XPUs), which are a type of ASICs, are necessary to train Gen AI models, and they require complex integration of compute, memory, and I/O capabilities to achieve the necessary performance at lower power consumption and cost. Cisco's aggressive AI push and growing security dominance, as reflected by the third-quarter fiscal 2025 results, are noteworthy. Security revenues jumped 54% year over year, while orders grew in high double digits and included a large multiyear deal with a major financial services company for Splunk's security and observability platforms. Cisco's strategy of infusing AI across Security and Collaboration platforms and developing Agentic capabilities across the portfolio is a key security business is benefiting from strong demand for both Cisco Secure Access, Hypershield and XDR. On a combined basis, these solutions added more than 370 customers in the fiscal third quarter. The acquisition of Snap Attack enhances Splunk's capability. Moreover, Cisco Secure AI Factory with NVIDIA is founded on the NVIDIA Spectrum-X Ethernet networking platform. Security is at the core of the solution and helps enterprises simplify, deploy, manage and secure AI infrastructure at any scale. Cisco AI Defense and hybrid mesh firewall enable enterprise customers to build and secure data centers to develop and run AI workloads. The Zacks Consensus Estimate for AVGO's fiscal 2025 earnings is pegged at $6.63 per share, up by a penny over the past 30 days, indicating a 36.14% increase over fiscal 2024's reported figure. Broadcom Inc. price-consensus-chart | Broadcom Inc. Quote The consensus mark for Cisco's fiscal 2025 earnings has increased by 1.6% to $3.79 per share over the past 30 days, suggesting 1.61% growth over fiscal 2024. Cisco Systems, Inc. price-consensus-chart | Cisco Systems, Inc. Quote Both AVGO's and CSCO's earnings beat the Zacks Consensus Estimate in all the trailing four quarters. Cisco's average surprise of 3.94% is slightly better than AVGO's surprise of 3.2%, reflecting a good quality of earnings beat on a consistent basis. Both Cisco and Broadcom are overvalued, as suggested by the Value Score of D. However, in terms of forward 12-month Price/Sales, Broadcom shares are trading at 17.48X, significantly higher than Cisco's 4.38X. Image Source: Zacks Investment Research Broadcom's expanding AI portfolio, along with a rich partner base, including NVIDIA, Arista Networks, Alphabet, Dell Technologies, Meta Platform, Juniper and Supermicro, is a key catalyst. AVGO expects third-quarter fiscal 2025 AI revenues to jump 60% year over year to $5.1 billion on these factors. Cisco is not far off in terms of its AI push. The company is expanding its AI portfolio for data centers with new solutions like the Unified Nexus Dashboard, Cisco Intelligent Packet Flow, configurable AI PODs and 400G bidirectional Broadcom is slightly ahead due to strong demand for XPUs by hyperscalers. Cisco also faces a tough competitive environment in its core networking market compared with Broadcom and Cisco currently carry a Zacks Rank #3 (Hold) each. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cisco Systems, Inc. (CSCO) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-06-2025
- Business
- Yahoo
Broadcom Q2 Earnings Beat Estimates, Revenues Up Y/Y, Shares Fall
Broadcom AVGO reported second-quarter fiscal 2025 non-GAAP earnings of $1.58 per share, surpassing the Zacks Consensus Estimate by 0.64% and increasing 43.6% year over revenues increased 20% year over year to $15 billion, surpassing the Zacks Consensus Estimate by 0.37%. Broadcom's revenue growth in the second quarter of fiscal 2025 was driven by strong performance in AI semiconductors and VMware revenues benefited from continued investments from hyperscale partners in AI XPUs and connectivity solutions for AI data shares lost 4.01% in after-hours trading to $249.50 following the fiscal second-quarter results. Broadcom Inc. price-consensus-eps-surprise-chart | Broadcom Inc. Quote Semiconductor solutions revenues (56% of net revenues) totaled $8.4 billion, rising 17% year over year and missing the Zacks Consensus Estimate by 0.17%. AI-related revenues grew 46% year over year to $4.4 billion, which was a major driver of overall revenue growth. This growth was driven by higher shipments of networking solutions to hyperscalers for AI semiconductor revenues declined 5% year over year to $4 the second quarter of fiscal 2025, broadband, enterprise networking and server storage revenues were up revenue was down in the second quarter of fiscal 2025, while wireless revenue also decreased due to software revenues (44% of net revenues) rose 25% year over year to $6.6 billion, bolstered by the successful conversion of enterprise customers to the full VMware Cloud Foundation(VCF) software stack subscription. The non-GAAP gross margin was 79%, expanding 320 basis points (bps) year over and development, as a percentage of net revenues, decreased 210 bps year over year to 10.2%. Selling, general and administrative expenses also decreased 280 bps to 4%.Adjusted EBITDA increased 35% year over year to $10 billion. The adjusted EBITDA margin expanded 720 bps on a year-over-year basis to 66.7%.The non-GAAP operating margin grew 800 bps year over year to 65.3%. As of May 4, 2025, cash and cash equivalents were $9.47 billion compared with $9.31 billion as of Feb. 2, debt (including the current portion of $5.53 billion) was $67.28 billion as of May 4, 2025, compared with $66.58 billion as of Feb. 2, generated $6.55 billion in cash flow from operations compared with $6.11 billion in the previous quarter. The free cash flow was $6.41 billion compared with $6.01 billion in the prior of March 31, 2025, the company paid out a cash dividend of $0.59 per share of common stock, totaling $2.78 billion. For third-quarter fiscal 2025, Broadcom expects revenues of $15.8 billion, suggesting an increase of 21% from the prior-year period's semiconductor revenues are projected to grow 60% year over year to $5.1 billion, whereas non-AI semiconductor revenues are expected to reach $4 Software revenues are expected to grow 16% year over year to $6.7 revenues are anticipated to grow 25% year over year to $9.1 the third quarter of fiscal 2025, enterprise networking and broadband are expected to continue to grow storage, wireless and industrial are expected to be largely EBITDA is expected to be 66% of projected company anticipates the non-GAAP diluted share count to be 4.97 billion. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Currently, Broadcom carries a Zacks Rank #2 (Buy). Amphenol APH, Juniper Networks JNPR and Upwork UPWK are some other top-ranked stocks that investors can consider in the broader Zacks Computer & Technology sector. APH, JNPR and UPWK sport a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks shares have gained 33.2% in the year-to-date period. The Zacks Consensus Estimate for APH's full-year 2025 earnings is pegged at $2.66 per share, up by 1.5% over the past 30 days, suggesting growth of 40.74% from the year-ago quarter's reported shares have lost 4.4% in the year-to-date period. The Zacks Consensus Estimate for JNPR's full-year fiscal 2025 earnings has been revised upward to $2.08 in the past 30 days, suggesting year-over-year growth of 20.93%.UPWK shares have lost 7.7% in the year-to-date period. The Zacks Consensus Estimate for UPWK's full-year 2025 earnings is pegged at $1.14 per share, implying a rise of 9.62% from the year-ago quarter's levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amphenol Corporation (APH) : Free Stock Analysis Report Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report Upwork Inc. (UPWK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Channel Post MEA
02-06-2025
- Business
- Channel Post MEA
Broadcom Refines Partner Strategy And Program
Broadcom has refined its partner strategy and program over the past 18 months to align with its go-to-market mission to deliver the industry-leading private cloud platform that fuels its customers' innovation. The focus is on partners that can lead customers through transformation to a modern private cloud and help them unlock the full potential of VMware Cloud Foundation (VCF), said Brian Moats, Senior Vice President, Global Commercial Sales and Partners at Broadcom. As a result of this strategic direction and a comprehensive partner review, Broadcom is reducing the number of partners authorized to resell VMware solutions in the Americas, and Asia-Pacific and Japan regions. This decision will enable Broadcom to focus on deepening its relationships with those partners who are committed to delivering the transformative customer experience around VMware solutions, as demonstrated by their historical performance levels, technical and other relevant expertise, and ability to make the investments necessary to offer customers the levels of service they expect and deserve, says Moats. To enable more focused investment and deeper support for these partners, the Broadcom Advantage Partner Program for VMware Resellers is being streamlined from four to three tiers: Pinnacle, Premier and Select. The Registered tier is being retired, as the vast majority of customer impact and business momentum comes from partners operating within the top three tiers. Enhanced program requirements The requirements for participation in the program are also being increased: Pinnacle partners will be required to hold Expert Advantage Professional Services Partner status, demonstrating advanced capability in the deployment and implementation of VCF. Alternatively, partners can qualify by maintaining a dedicated Small and Medium Business practice that supports scalable adoption. Pinnacle and Premier partners will be required to maintain dedicated sales and technical resources, ensuring they are equipped to support customer engagements across the lifecycle. Pinnacle and Premier partners will execute joint business plans with VMware to ensure alignment and delivery with mutual results. All partners must remain active and in good standing. Partners who no longer meet the minimum program requirements or have not demonstrated consistent engagement will be transitioned As a result of this streamlining, some customers will need to transition to a new partner relationship. That's why the partners selected to move forward with Broadcom will carry a greater responsibility and a higher standard of performance. Broadcom is entrusting this focused group with a broader set of customers and, in return, expect them to lead with excellence, operate at scale, and deliver real impact on the journey to a modern private cloud. These developments give customers access to a stronger, more capable partner ecosystem —one built to support IT modernization, fast-track AI initiatives, and strengthen cyber resilience, all powered by VMware Cloud Foundation, according to Moats. For partners, this is an opportunity to differentiate on value. With more customer opportunities, retained partners will have a more relevant and impactful role in the VMware business. 0 0
