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VMware’s Year In Review: Hybrid Clouds,…



VMware’s Year In Review: Hybrid Clouds,…

VmWare saw a 16% year-over-year growth in net revenues to $4.3 billion through the first three quarters of this year. The company reported a 14% increase in product licenses revenues over the prior year period to $1.8 billion. On the other hand, services revenues were up by 18% y-o-y to over $2.5 billion. VMware’s management attributed much of the growth to fast-growing market segments such as hybrid cloud services, network virtualization – or software-defined networking – and end-user computing.


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