VMware NYSE:VMW Stock Report

VMware Unveils vSphere+ and vSAN+ to Simplify Operations with Centralized Infrastructure Management, Increase Developer Velocity with Integrated Kubernetes, and Extend On-Premises with Hybrid Cloud Services

VMware, Inc. unveiled VMware vSphere+ and VMware vSAN+ to help organizations bring the benefits of the cloud to their existing on-premises infrastructure with no disruption to their workloads or hosts. Introduced at VMworld 2021 as a technology preview known as Project Arctic, these new offerings will help customers enhance their infrastructure by providing centralized cloud-based infrastructure management, integrated Kubernetes, access to new hybrid cloud services, and a flexible subscription model. VMware vSphere+ and VMware vSAN+ are an integral part of the VMware Cloud strategy to deliver consistent infrastructure with value-added capabilities across distributed environments. vSphere+ and vSAN+ will enable customers to activate add-on hybrid cloud services that deliver on key use cases for business-critical applications running on-premises, including disaster recovery and ransomware protection. Customers of all sizes will be able to consume new capabilities, security and product updates at a much faster pace and vastly simplify their operations—without making changes to their existing applications or hardware. Under pressure to improve efficiency and productivity, infrastructure operations teams are seeking more efficient ways to maintain and protect infrastructure to support increasingly larger and more complex environments. In many instances, customers’ vSphere environments are distributed across siloed locations, edge sites, and clouds leading to operational complexity and inefficient maintenance experience. vSphere+ and vSAN+ provide a unified infrastructure management experience for these distributed environments via the VMware Cloud Console. The console features global inventory, configuration, alerts, administration and security status for on-premises deployments. Admins will be able to perform certain operational tasks directly from the VMware Cloud Console such as managing configurations and policies across their deployments. Additionally, customers will benefit from a vastly simplified lifecycle management experience through cloud-enabled automation of updates of on-premises infrastructure components. Customers will also gain from cloud-based remediation and configuration drift capabilities, including security checks to maintain compliance with corporate and regulatory requirements. Developer teams are focused on modernizing their applications and infrastructure to deliver better software to production, faster. Providing a single workload platform for running VMs and containers orchestrated by Kubernetes, vSphere+ will help transform on-premises infrastructure into an enterprise-ready Kubernetes platform. This includes providing a multi-cloud IaaS consumption experience for developers by extending the capabilities of VMware Tanzu Standard Runtime to enable developers to run and manage Kubernetes at scale with consistency and efficiency across on-premises, public clouds, and edge. The inclusion of VMware Tanzu Mission Control Essentials will provide customers with global visibility across their entire Kubernetes footprint and automate operational tasks.

Insider recently sold US$1.6m worth of stock

On the 7th of June, Jean-Pierre Brulard sold around 13k shares on-market at roughly US$131 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.5m more than they bought in the last 12 months.

Executive VP & CFO notifies of intention to sell stock

Zane Rowe intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of June. If the sale is conducted around the recent share price of US$129, it would amount to US$1.2m. Since June 2021, Zane's direct individual holding has increased from 52.05k shares to 189.12k. There has only been one transaction (US$873k sale) from insiders over the last 12 months.

Vmware Advances Its Anywhere Workspace Platform to Enable Intelligent, Proactive Security for All Employee Devices

VMware Inc. unveiled innovations to its anywhere workspace platform, VMware Workspace ONE, that will make it easier for IT teams to manage and better secure all employee devices. New capabilities include: Workspace ONE Mobile Threat Defense for advanced mobile device security. Enhanced update/patch management features for Windows OS devices. VMware Workspace ONE Mobile Threat Defense, a new add-on to the industry-leading Workspace ONE UEM platform, takes mobile protection to the next level. It incorporates mobile security technologies from Lookout, a leader in the space. The solution aims to address: Application-based threats including mobile malware, app vulnerabilities, and risky application behaviors and configurations.Web and content vulnerabilities exposed through phishing via email, SMS, and messaging apps. This includes malicious URLs; malicious web pages, videos, and photos; and web and content behaviors and configurations. Zero-day threats and device vulnerabilities including jailbreak and root access detection. Device risk including OS version and update adoption. Machine-in-the-middle attacks and risky behaviors such as SSL certificate stripping; forcing weaker algorithm negotiation; anomalous application network connection activity; and vulnerabilities associated with rogue Wi-Fi. Application, device, and network protection via Workspace ONE Mobile Threat Defense can be activated within Workspace ONE Intelligent Hub. For IT, this means there are no separate apps or agents to download or deploy, and vital information – including alerts and suggested resolutions – is conveyed via a resource that employees use for daily work. As employees embrace hybrid workstyles, traditional network-based solutions are inadequate for securing PCs against vulnerabilities. Workspace ONE combines cloud-native Windows 10 and Windows 11 management with intelligent automation to help IT more seamlessly secure PCs alongside every other endpoint, from anywhere. VMware is introducing new Workspace ONE capabilities that will make managing updates/patches even easier and elevate the security posture of Windows devices. Workspace ONE flexibly extends to multiple content sources and unifies policy, deployment and lifecycle management of the OS from the cloud. Flexibility is an inherent feature of the new Workspace ONE Updates Lifecycle, where critical updates can be automated via approval groups, while admins retain control to hand test patches more likely to create issues. Further enhancements include ability for IT admins to: Patch OS versions, apps and drivers together, anytime, no matter if the device is on or off the company network, Use analytics to determine if there are compatibility issues prior to pushing an update, Define when updates are installed enabling timely rollout with least disruption to user experience, Pause or roll back patches that are creating issues, Create smart distribution rings that scale out based on desired SLAsAutomate advanced tasks such as uninstalls, reboots, and necessary clean up tasks, Communicate and delegate appropriate actions to Sec-Ops team via granular roles-based access controls and Track progress via greatly improved logging, visualization, and custom dashboards.

VMware, Inc. Provides Consolidated Earnings Guidance for the Third Quarter of 2022