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Exam Code: 5V0-62.19 Practice exam 2022 by Killexams.com team
5V0-62.19 VMware Workspace ONE Design and Advanced Integration Specialist

Exam Details
The VMware Workspace ONE Design and Advanced Integration Specialist 2019 badge holder is a technical expert that understands how to design, deploy and support the ongoing management of a Workspace ONE app catalog. Achieving this badge validates a deep understanding of how to integrate and configure an identity provider, define the correct application access rights with the help of access policies, and how to achieve single sign-on and multi-factor authentication.

Section 1- Introduction
Section 2- Authentication Method Deep-dive
Section 3- Mobile SSO
Objective 3.1 Outline the work flow of iOS and Android Mobile SSO
Objective 3.2 Configure Mobile SSO for iOS native applications
Objective 3.3 Configure Mobile SSO for Android native applications
Section 4- Single Sign-On for Application
Objective 4.1 Configure web application SSO with SAML protocol
Objective 4.2 Configure web application SSO with OAuth 2.0 protocol
Section 5- Azure AD and Office 365 Integration
Objective 5.1 Given a use case Azure AD with Workspace ONE, identify the implementation flow that should be used.
Objective 5.2 Outline the steps of configuring Office 365 SSO with VMware Identity Manager
Objective 5.3 Outline the steps of integrating Azure AD as a 3rd party identity provider for Workspace ONE
Section 6- Integration with Okta
Objective 6.1 Outline the workflow of Okta integration
Objective 6.2 Outline the steps of integrating Okta as the identity provider
Objective 6.3 Outline the steps of integrating Okta as the service provider
6.4 Objective: Add Okta applications to Workspace ONE.
Section 7- Additional 3rd Party IDP Integration
Objective 7.1 Outline the steps of integrating with AD FS
Objective 7.2 Outline the steps of integrating with PING
Objective 7.3 Configure a 3rd party identity provider in the VMware Identity Manager console
Objective 7.4 Configure authentication methods for the integrated 3rd party identity providers Objective 7.5 Modify access policies to accommodate the integrated 3rd party identity providers
Section 8- Advanced Configurations
Objective 8.1 Configure the steps of the workflow of UAG identity bridging
Objective 8.2 Outline the steps of incorporating IP restrictions into Conditional Access
Objective 8.3 Outline the high-level steps of configuring KCD with SEG
Section 9- Workspace ONE AirLift
Objective 9.1 Outline the steps of Workspace ONE AirLift deployment
Objective 9.2 Configure environment settings in the Workspace ONE AirLift management interface
Objective 9.3 Migrate collections and applications from SCCM to Workspace ONE UEM
Objective 9.4 Enroll Windows 10 endpoints into co-management
Section 10- 10 Integrating with Horizon
Objective 10.1Analyze/Apply (Scenario) Configure VIDM connector for Horizon.
Section 11- Workspace ONE Plan and Design Course Introduction
Section 12- Workspace ONE Plan and Design Fundamentals
Section 13- Identifying Use Cases
Objective 13.1 Identify the key Workspace ONE UEM use cases
Objective 13.2 Identify the key VMware Identity Manager use cases
Objective 13.3 Identify the key Horizon use cases
Objective 13.4 Collect use cases and user experience requirement for VMware solution design
Objective 13.5 Identify design considerations when joint VMware solutions are integrated, (for example: WorkSpace ONE, UEM, and VMware Horizons.)
Section 14- Creating Logical and Physical Designs
Objective 14.1Design the high-level logical solution architecture
Objective 14.2Analyze/Apply (Scenario) Validate the logical solution architecture
Objective 14.3Analyze/Apply (Scenario) Create the physical solution architecture
Objective 14.4Analyze/Apply (Scenario) Validate the physical solution architecture
Objective 14.5Analyze/Apply (Scenario) Design appropriate Workspace ONE solution rollout plan for end users
Section 15- Workspace ONE Solution Delivery

VMware Workspace ONE Design and Advanced Integration Specialist
Vmware Integration education
Killexams : Vmware Integration education - BingNews https://killexams.com/pass4sure/exam-detail/5V0-62.19 Search results Killexams : Vmware Integration education - BingNews https://killexams.com/pass4sure/exam-detail/5V0-62.19 https://killexams.com/exam_list/Vmware Killexams : Sparkademy Partners With Gulf Bank to Deliver Groundbreaking Certification Learning Program

Through this partnership, Gulf Bank will provide 16 team members with full digital integration using Sparkademy's inventive learning resources

ZURICH – June 21, 2022 – (Newswire.com)

Sparkademy, a Zurich-based ed-tech startup that offers an adaptive, effective, and scalable learning experience to the corporate world, today announces its partnership with Gulf Bank, one of the largest banks in Kuwait. The partnership will allow Sparkademy’s certification learning program to assist the bank’s first-moving digital transformation.

Sparkademy will train a selected group of Kuwaiti Gulf Bank employees, providing them with the necessary knowledge, innovative frameworks, tools, material, and market trends required to propel the bank’s digital transformation forward. SparkAdemy’s program will teach the Gulf Bank team to apply innovative frameworks, fitting seamlessly into Gulf Bank’s 2025 Strategic Foundation to foster a performance-driven culture based on meritocracy and engagement.

With customers’ ever-evolving expectations, digital innovation in financial services is imperative. According to VMWare, if a client’s digital experience does not meet their expectations, over half would switch to a rival — only 10% would remain faithful. Financial institutions require a defined technology and innovation plan to grow beyond traditional banking.

Swiss startups are building their networks to consolidate themselves in global innovation hubs. The 2021 Global Innovation Index placed Switzerland as the world’s most innovative economy for the 11th consecutive year. Therefore, Sparkademy is well-placed to expand into new markets in one of Europe’s leading startup breeding grounds.

“Sparkademy is extremely excited to support Gulf Bank on its transformation journey. Successful innovation requires putting people at the center, using new technologies to serve them better, and reducing risk along the way,” said Alan Cabello, co-founder and CEO of Sparkademy.

“We believe Gulf Bank’s 2025 Strategic Foundation offers an ideal environment for this ambitious certification program, and we are looking forward to a fruitful collaboration,” Cabello added. 

“The digital transformation program will be vital in accelerating Gulf Bank’s ongoing digitization plans. Gulf Bank will be upskilling a select group of the Bank’s employees in all the knowledge, materials, and market trends necessary to achieve Gulf Bank’s vision of consolidating its position as the leading Kuwaiti bank of the future,” said Salma Al-Hajjaj, General Manager of Human Resources at Gulf Bank.

About Sparkademy

Sparkademy is an innovative learning institution aiming to bring scalable and measurable learning to the corporate world. With Sparkademy, large organizations benefit from the latest developments in neuroscience and education research to elevate their employees’ skills and future-proof their business.

About Gulf Bank

Gulf Bank is one of the leading conventional banks in Kuwait, with total assets of over KD 6 billion for the year ending 31 December 2021. The Bank provides a broad offering of consumer banking, wholesale banking, treasury, and financial services through its large network of more than 50 branches and over 300 ATMs across Kuwait. The Bank was founded in 1960 and has been listed on the Kuwait Stock Exchange (Boursa Kuwait) since 1984. 

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Sparkademy Partners With Gulf Bank to Deliver Groundbreaking Certification Learning Program

Mon, 20 Jun 2022 21:01:00 -0500 iNewswire en-US text/html https://www.digitaljournal.com/pr/sparkademy-partners-with-gulf-bank-to-deliver-groundbreaking-certification-learning-program
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Killexams : Tag "VMware" No result found, try new keyword!VMware, Inc is one of the leading innovators in enterprise software. The company has recently announced that it has appointed Guru Venkatachalam as Vice President and Chief Technology Officer for ... Thu, 19 May 2022 03:38:00 -0500 text/html https://www.ciol.com/tag/vmware/ Killexams : Broadcom: Acquisition Of VMware Provides 32% Revenue Boost
Broadcom Reports Quarterly Earnings

Justin Sullivan/Getty Images News

Broadcom Inc. (NASDAQ:AVGO) is a leading semiconductor company with a broad portfolio of patents (over 23,000) and market leadership in niche products of logic semiconductors such as ethernet switches (76%) and ASICs (35%) and analog semiconductors including fibre channel (75%). Also, we know that Broadcom has had an acquisition strategy based on its past M&A activities since 1960. We determined that its M&A strategy had been beneficial to its revenue growth, with M&A contributing to 54% of total revenue growth in the past 10 years.

Furthermore, we believed its acquisition of CA Technologies highlights its continued diversification into the software industry and confirmed its expansion with the acquisition of Symantec’s enterprise security business. Moreover, its software expansion is supported by its partnerships with major cloud service provider Google Cloud by migrating its suite of enterprise software to the cloud, improving its scale and deployment efficiencies. Following these acquisitions, we confirmed the integration of its infrastructure software businesses with the launch of integrated products and improved its profitability by leveraging its common customer base to streamline its SG&A activities and increase its focus on R&D.

Additionally, we determined that Broadcom has a dividend payment strategy based on cash flows (50%) and we forecasted its dividends per share to grow by 18% on average through 2024 based on expected cash flows. However, we see the company's high and rising debt levels could be a concern for its acquisition strategy.

Recently, the company announced its acquisition of VMware (VMW) for a consideration of approximately $61 bln from an even split between cash and stock. This is expected to be completed by FY2023. The announcement of the deal is unsurprising to us, as we understood that the company has an acquisition strategy based on its past M&A activity since 1960. Previously, we already analyzed and expected the company to continue its diversification into the software industry as we saw it more progressively moving into software with 3 acquisitions, starting with Brocade in 2017 and expanding through its acquisitions such as CA Technologies in 2018 and Symantec Enterprise Security in 2019.

To determine the impact of the acquisition on the company, we first analyzed VMware’s products and customers. We estimated its potential revenue synergies by determining whether it serves a common customer base with Broadcom which are enterprise customers based on its business relationships with the Fortune 500 firms. Additionally, we then examined whether Broadcom is planning to shift VMware’s license customers to subscriptions and projected its revenue growth and contribution to Broadcom.

Moreover, we examined the potential for integration opportunities between Broadcom and VMware by targeting a common customer base on its operating expenses including SG&A and R&D by comparing Broadcom’s software segment margins with its previous acquisitions. We then projected the company’s operating margins through 2026 based on management's targeted EBITDA contribution.

Lastly, we analyzed the deal’s acquisition cost with a mix of cash and stock to determine its impact on its cash flows and net debt through 2026. Also, we determined and analyzed its WACC pre-and post-acquisition with the increased debt.

VMware Revenue Opportunity

VMware provides a “core cloud infrastructure that powers modern enterprises.” The company’s product portfolio includes its

vSphere server virtualization platform, vSAN data storage virtualization solution, vRealize cloud management platform that provides automation, analytics and life cycle management for private cloud workloads and NSX.

Besides that, VMware's Tanzu platform “provides an end-to-end modern application management platform and end-user and security solutions.” According to Gartner (IT), VMware was the market leader in the global virtualization infrastructure software market in 2021 with a market share of 72%.

According to Broadcom, the acquisition supports its software business and position to target the same type of large multinational enterprise customers. The company highlighted that its customers' demands include retaining control over their infrastructure by deploying applications that require software to develop and run the applications.

By adding VMware, we will bring significant scale to Broadcom's software business and reinforce our position as a premier provider of mission-critical platform solutions to enterprises globally. – Hock Tan, CEO

Additionally, management also highlighted the deal to target its common customer base. According to VMware, the company already serves 99% of Fortune 500 firms. In comparison, Broadcom’s software presentation highlighted that its software segment serves 80% of Fortune 500 firms. Thus, we believe that the acquisition of VMware could provide Broadcom with opportunities to strengthen its presence among enterprise customers by leveraging VMware’s solid market leadership and presence among the Fortune 500 firms and create revenue synergies for the company through upselling and cross-sell opportunities which are consistent to its overall software expansion strategy. Thus, we estimated its revenue synergies by calculating its software revenue based on its Fortune 500 customer presence pre-acquisition at 80% to 99% post-acquisition.

Estimated Revenue Synergies ($ mln)

2021

Broadcom Software Revenue ('a')

7,067

Enterprise Customer Presence (Pre-acquisition) ('b')

80%

Enterprise Customer Presence (Post-acquisition) ('c')

99%

Broadcom Estimated Software Revenue (With Increased Customer Presence) ('d')

8,745

Revenue Synergies ('e')

1,678

Revenue Synergies as % of Software Revenue

24%

*d = a/b x c

e = d – a

Source: Broadcom, VMware, Khaveen Investments

Based on the table above of our estimates of its revenue synergies, we expect the acquisition to generate $1,678 mln in revenue synergy opportunities for Broadcom’s software segment which is 24% of its 2021 segment revenue. Furthermore, Gartner highlighted in the quote below the synergies between Broadcom’s mainframe solutions with VMware’s Tanzu platform.

There are synergies with some of the CA tools for CI/CD and DevOps that could combine well with Tanzu, for those enterprises that are considering what to do with their legacy workloads, – Dennis Smith, Research VP in Gartner’s Infrastructure and Operations division

Furthermore, in line with its previous acquisitions including CA and Symantec’s enterprise security, the company explained that it is committed to shifting VMware’s perpetual license customers towards a subscription model.

The other top line is you can see that VMware has a perpetual model a lot in -- a lot of their on-prem licenses, they have a substantial $3 billion perpetual. And we are converting them to over time -- over the next couple of years to subscription. – Hock Tan, CEO

VMware Revenue Projections ($ mln)

2016

2017

2018

2019

2020

2021

2022F

2023F

2024F

2025F

2026F

License (switch to a subscription model)

2,350

2,628

3,042

3,181

3,033

3,128

3,320

3,801

4,671

6,130

8,046

Growth %

-2.2%

11.8%

15.8%

4.6%

-4.7%

3.1%

6.1%

14.5%

22.9%

31.3%

31.3%

Subscription and SaaS

687

927

1,303

1,877

2,587

3,205

3,596

4,720

6,195

8,131

10,672

Growth %

36.9%

34.9%

40.6%

44.1%

37.8%

23.9%

31.3%

31.3%

31.3%

31.3%

31.3%

Services

4,403

4,781

5,268

5,753

6,147

6,518

7,051

7,627

8,250

8,924

9,654

Growth %

9.7%

8.6%

10.2%

9.2%

6.8%

6.0%

8.2%

8.2%

8.2%

8.2%

8.2%

Total

7,440

8,336

9,613

10,811

11,767

12,851

13,966

16,148

19,116

23,186

28,372

Growth %

7.5%

12.0%

15.3%

12.5%

8.8%

9.2%

8.7%

15.6%

18.4%

21.3%

22.4%

Source: VMWare, Khaveen Investments

Based on VMware’s revenue breakdown, its subscription service represented 25% of its total revenues and was its fastest-growing segment with 10-year average revenue growth of 36.4%. On the other hand, its license revenue was 24% of its total revenue with an average growth rate of 4.7%. We forecasted VMware’s revenue based on its license, subscription and segment revenue based on its past 5-year average growth rate. For its subscription segment, we tapered down its average growth by 5% as a conservative estimate. To account for the switch from license revenue to subscriptions, we assumed its revenue growth to accelerate to 31.3% by 2025 based on its average subscription growth rate tapered down by 5% (31.3%).

Acquisition

Pre-Acquisition (5-year Average Revenue Growth %)

Post-Acquisition (2-year Revenue Growth)

CA Technologies

-2.4%

N/A

Brocade

1.8%

N/A

Symantec Enterprise Security

2.6%

N/A

Average

0.04%

17.5%

VMware

11.6%

17.0%

Source: CA, Brocade, Symantec, VMware, Khaveen Investments

For a comparison with its previous acquisitions, VMware had a higher average 5-year revenue growth rate before the acquisition (11.6%) than all 3 of its previous acquisitions which had a weighted average growth of only 0.04%. In comparison, its 2-year average software segment post-acquisition had an average growth rate of 17.5% which we believe highlights its revenue growth acceleration following Broadcom’s shifting its focus on enterprise clients and from a license to a subscription model. Therefore, we expect VMware growth to accelerate following its acquisition as the company shifts towards subscriptions as well and we forecasted its 2-year average growth post-acquisition to increase to 17% from 11.6%.

According to Broadcom, the deal is expected to be completed by FY2023 subject to regulatory and shareholder approval. Based on our revenue projections for Broadcom from our previous analysis, we factored in VMware’s revenue contribution in FY2023.

Broadcom Revenue Projections ($ mln)

2020

2021

2022F

2023F

2024F

2025F

2026F

Semiconductor Solutions

17,267

20,383

22,043

23,839

25,780

27,880

30,151

Semiconductor Solutions Growth %

18.05%

8.15%

8.15%

8.15%

8.15%

8.15%

Infrastructure Software

6,621

7,067

7,622

8,221

8,869

9,570

10,329

Infrastructure Software Growth %

28.31%

6.74%

7.85%

7.87%

7.88%

7.90%

7.92%

Total Broadcom

23,888

27,450

29,665

32,060

34,650

37,451

40,480

Growth %

14.9%

8.1%

8.1%

8.1%

8.1%

8.1%

M&A Related Revenue Growth %

1,327

1,327

1,327

1,327

1,327

Total Broadcom (With M&A)

23,888

27,450

30,991

33,386

35,976

38,777

41,806

Total Growth %

14.9%

12.9%

7.7%

7.8%

7.8%

7.8%

VMware Revenue

16,148

19,116

23,186

28,372

VMware Revenue Synergies

559

559

559

Total Revenue (Post-Acquisition)

23,888

27,450

30,991

50,094

55,651

62,522

70,178

Growth %

14.9%

12.9%

61.6%

11.1%

12.3%

12.2%

Source: Broadcom, VMware, Khaveen Investments

All in all, we believe the acquisition of VMware as the market leader in virtualization software with a 72% market share in 2021 could provide opportunities for Broadcom to create revenue synergies by leveraging its common target customer base of enterprise customers. Additionally, as VMware’s presence among the Fortune 500 firms is 99% and higher than Broadcom (80%), we believe this could provide revenue synergy creation and forecasted its revenue synergies to be $1.9bln across 3 years. In FY2023, we expect VMware’s revenue to account for 32.2% of its total revenues and represent 85% of its revenue increase for the year. Beyond that, we expect through the shift towards subscriptions, its revenue growth to accelerate at an average growth rate of 17% in 2 years post-acquisition.

Integration with VMware

As highlighted from our previous analysis, we

believe another key opportunity for Broadcom is to integrate its acquired companies selling & admin operations with its sales force and provide an opportunity to leverage Broadcom’s existing relationships with key enterprise clients.

This is as its SG&A as a % of revenue declined while its R&D expenses increase as it shifted its focus on R&D. Moreover, we compared Broadcom’s Infrastructure Software segment operating margin in the table below. We adjusted its Infrastructure Software segment margin with its unallocated expenses of $1.9 bln which we prorated based on its segment revenue breakdown.

Margins

Operating Margins %

CA Technologies (pre-acquisition)

28.12%

Brocade (pre-acquisition)

13.09%

Symantec Enterprise Security (pre-acquisition)

18.52%

Broadcom Adjusted Software Segment (current)

42.91%

Source: Broadcom, CA, Brocade, Symantec, Khaveen Investments

From the table above, Broadcom’s adjusted software margins (42.91%) were higher than CA Technologies (28.12%), Brocade (13.09%) and Symantec’s Enterprise Security (18.52%) margins pre-acquisition. Additionally, in the table below, Broadcom’s adjusted software segment margins had also consistently increased in the past 3 years from 28.2% in 2019 to 42.9% in 2021.

Broadcom

2019

2020

2021

Infrastructure Software Revenue ($ mln)

5,156

6,621

7,067

Infrastructure Software Adjusted Margin

28.2%

28.5%

42.9%

Source: Broadcom, Khaveen Investments

To compare the margins and expense breakdown between VMware and Broadcom’s software segment, we examined its SG&A and R&D expenses as a % of revenue after adjusting for Broadcom’s unallocated expenses in the table below.

Expenses

VMware

Broadcom Infrastructure Software

SG&A Expenses as % of revenue

39.5%

17.6%

R&D Expenses as % of revenue

23.8%

29.0%

Operating Margins

19.1%

42.9%

Source: Broadcom, VMware, Khaveen Investments

Based on VMware’s operating expense breakdown, its SG&A expenses were the largest expense at 39.5% of revenue followed by R&D at 23.8% of revenue. In contrast, Broadcom has a lower SG&A but higher R&D spending for its software segment and had a higher operating margin of 42.9% compared to VMware at only 19.1%.

From its earnings briefing, Broadcom’s management highlighted its opportunity to derive synergies to reduce its SG&A through the integration of its direct sales force with VMware.

And so we have a direct sales force, and we're going to leverage the fact that we have common coverage in both of those areas and take advantage of getting synergies there. – Tom Krause, CFO

Additionally, the company also highlighted potential employee layoffs as it mentioned to “eliminate duplicative administrative functions” across “IT, finance, legal, human resources and facilities”.

However, a difference in this acquisition compared to its past acquisitions is that the company had also indicated that it intends to retain VMware’s channel distribution model. Based on its annual report, VMware has a channel partner network including system integrators and resellers.

And we think from learning about how we and Symantec, and frankly some of the revenues that we gave up, we think we can actually go back and reinvest in the channel and continue to drive revenue growth profitably. We don't want to walk away from the channel. We actually want to embrace it, – Tom Krause, CFO

According to the company, it expects the acquisition to generate $8.5 bln in EBITDA within 3 years following the deal closing. Based on its target, we calculated the expected operating margin in 2025 assuming the deal closes in 2023 and depreciation of $593 mln to derive its EBIT target of $7,907 mln which we estimate to be an operating margin of 33.2% based on our revenue forecast in 2025 from the previous point.

VMware ($ mln)

2021

2025F

Revenue ('a')

12,851

23,186

EBIT ('b')

2,451

7,907

Operating Margin ('c')

19.1%

34.1%

Depreciation ('d')

593

593

EBITDA ('e')

3,044

8,500

*b = e – d

c = b/a

Source: Broadcom, VMware, Khaveen Investments

Based on the company’s operating margins by segments, we forecasted the total operating margins for Broadcom post-acquisition.

Broadcom Operating Margin ($ mln)

2019

2020

2021

2022F

2023F

2024F

2025F

2026F

Semiconductor Solutions Revenue

17,441

17,267

20,383

22,043

23,839

25,780

27,880

30,151

Semiconductor Solutions Operating Margins

11.4%

12.3%

26.9%

26.9%

26.9%

26.9%

26.9%

26.9%

Infrastructure Software Revenue

5,156

6,621

7,067

8,948

9,548

10,196

10,897

11,655

Infrastructure Software Operating Margins

28.2%

28.5%

42.9%

42.9%

42.9%

42.9%

42.9%

42.9%

VMware Revenue

16,148

19,116

23,186

28,372

VMware Operating Margins

19.1%

24.1%

29.1%

34.1%

34.1%

Total Operating Income

3,444

4,014

8,519

9,773

14,402

16,876

20,087

22,793

Total Operating Margins

16.8%

31.0%

31.5%

28.8%

30.3%

32.1%

32.5%

Source: Broadcom, VMware, Khaveen Investments

Overall, we expect Broadcom to integrate its direct sales force with VMware and indicated potential layoffs across multiple business functions. However, unlike prior acquisitions, the company indicated its intention to leverage VMware’s channel partner network. Thus, we forecasted VMware’s operating margins to reach 34.1% by 2025 based on its guided EBITDA target of $8.5 bln within 3 years post-acquisition completion. However, its margins are lower in comparison to Broadcom’s adjusted software margins at 42.9% and we expect it to weigh down on its overall operating margins to 28.8% in 2023 but gradually Excellerate with the increase of VMware’s margins. Despite the lower margins, we still expect the company’s total operating income to continue growing driven by the higher revenue growth of VMware.

Financial Impact

Based on the deal, Broadcom will pay VMware shareholders either $142.50 in cash or 0.2520 shares of Broadcom for each VMware share subjected to proration resulting in 50% of VMware shares exchanged for cash and half for Broadcom stock. Based on our calculations, we derived a total consideration of $59bln compared to its approximation of $61 bln from the announcement.

VMware Deal

Consideration Per Share

Total Consideration ($ mln)

Proration (50%) ($ mln)

Cash

142.5

60,056

30,028

Broadcom Stock

138.2

58,256

29,128

Total Consideration

59,156

Source: Broadcom, VMware, Khaveen Investments

After calculating the estimated acquisition cost, we factored this impact into our projection of Broadcom’s cash flows in FY2023. Also, we accounted for the Capex of VMware in our projections based on its 10-year average Capex as a % of revenue (3.7%).

Capex Projections ($ mln)

2022F

2023F

2024F

2025F

2026F

Broadcom Revenue

30,991

33,386

35,976

38,777

41,806

Broadcom Capex

4,080

4,149

4,225

4,307

4,395

VMware Revenue

16,707

19,675

23,745

28,372

VMware Capex

626

737

890

1,063

Acquisition Costs

30,028

Total Revenue

30,991

50,094

55,651

62,522

70,178

Total Capex

4,080

34,804

4,962

5,196

5,458

Capex as % of Revenue

13%

69%

9%

8%

8%

Source: Broadcom, VMware, Khaveen Investments

broadcom cash flow

Broadcom, VMware, Khaveen Investments

Based on our cash flow forecast in the chart above, the acquisition cost is expected to weigh on its FCF margins at -34.7% in 2023. Beyond that, we forecasted its average FCF margin of 29%. Additionally, Broadcom obtained commitments from a consortium of banks for $32 bln in debt financing. Additionally, the company will assume $8 bln of net debt from VMware according to Broadcom.

broadcom net debt

Broadcom, VMware, Khaveen Investments

Assuming the deal is completed by FY2023 as planned, we forecasted Broadcom’s debt to increase by 64.7% in 2023 and its cash to debt ratio to be impacted from 0.33x in 2022 to 0.24x in 2023. Due to the strong FCF cash generation of Broadcom, our model shows its cash to debt ratio recovering to 0.41x by 2026.

Credit Analysis

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

EBITDA interest coverage

N/A

N/A

14.5x

15.5x

8.5x

18.1x

18.6x

7.5x

6.5x

7.9x

EBITDA/Net Debt

N/A

N/A

0.3x

0.8x

0.2x

0.4x

0.5x

0.3x

0.3x

0.4x

Source: Broadcom, VMware, Khaveen Investments

Furthermore, in terms of credit ratio analysis, its EBITDA interest coverage had deteriorated in the past 7 years as its interest expense rose but improved in 2021 to 7.9x. Moreover, its EBITDA/Net debt had remained stagnant in the past 10 years to 0.4x in 2021. Overall, we believe this highlights its deteriorating ability to repay its debt obligations with its increased debt.

Pre-Acquisition

Value ($ mln)

Weight

Cost

Equity

204,215

80.6%

9.6%

Debt

49,152

19.4%

2.1%

WACC

8.1%

Post-Acquisition

Value ($ mln)

Weight

Cost

Equity

204,215

71.5%

9.6%

Debt

81,495

28.5%

2.1%

WACC

7.4%

Source: Khaveen Investments

With the expected increase in its debt, we calculated the company’s WACC pre-and post-acquisition. Based on the table, we expect its debt weight to increase from 19.4% to 28.5%. As its cost of debt (2.1%) is lower than its cost of equity (9.6%), its post-acquisition WACC shows a decline to 7.4% from 8.1%.

Overall, while we expect the deal to weigh on Broadcom’s FCF margin in FY2023 at -34.7% with an acquisition cost of $59 bln and increase its debt by 65%, however, we still believe the acquisition could provide a positive contribution to the company’s financials with a better capital structure with a lower WACC from 8.1% to 7.4% due to the increase of its debt weight to 28.5%. Furthermore, we believe that Broadcom’s cash to debt would Excellerate to 0.41x by 2026 from 0.24x in 2023 supported by its strong cash flow generating abilities with a forecasted average FCF margin of 29% beyond 2023. All in all, we believe that the company’s financials should be able to support this acquisition.

Risk: Competitive Threats

According to Forrester Research, it highlighted that the company could be faced with challenges from other competitors such as Nutanix (NTNX), IBM Red Hat (IBM) and the major public cloud players like AWS (AMZN), Microsoft Azure (MSFT) and Google Cloud (GOOG). While VMware had dominated the virtualization software market, according to VMware’s annual report, the company highlighted that it faces the risk of new applications being developed on public cloud providers which could reduce the demand for its products and services. However, the company had also partnered with cloud providers such as Microsoft which also competes against VMware with its Hyper V software. Additionally, other cloud-based competitors include Oracle (ORCL) VM server and Enterprise Linux with Smart Virtualization by Red Hat.

Valuation

We valued the company with a DCF valuation as we expect the company to continue generating positive free cash flows post-acquisition. We based its terminal value on the chipmaker's average EV/EBITDA of 18.44x.

semicon industry average ev eitda

SeekingAlpha, Khaveen Investments

Based on a discount rate of 7.4% (company’s WACC post-acquisition) and accounting for its post-acquisition share outstanding of 615 mln, our model shows an upside of 44.5%

broadcom valuation

Khaveen Investments

Equity Value ($mln)

Pre-Acquisition

Post-Acquisition

Enterprise Value

488,064

488,064

Plus: Cash

10,219

19,719

Less: Debt

49,152

81,495

Less: Minority Interest

-

-

Equity Value

449,131

426,288

Average FCF (5-year Forward)

12,948

20,696

Source: Khaveen Investments

Additionally, following the acquisition, we estimated its equity value to decrease to $426 bln from $449 bln due to the increase of its debt from $49 bln to $81.5 bln despite the increase of its cash from $10 bln to $19.7 bln. Although we expect its equity value to decrease with the acquisition, however, we projected its average FCFs to increase with the acquisition with a difference of $7.7 bln in the 5 years post-acquisition.

Verdict

To conclude, we analyzed the company’s planned acquisition of VMware at a cost of around $59 bln based on a mix of cash and debt expected to be completed in FY2023. Not only is the deal expected to contribute 85% of revenue increase for the company and represent 32% of its total revenue, but we also expect the deal to create revenue synergy opportunities for the company as the market leader in virtualization software and have a common customer base of enterprise customers at an estimate of $1.9 bln. Also, we believe its shift towards a subscription model could support its revenue growth acceleration at an average of 17% from its past 5-year average of 11.6%. Moreover, we believe that through the integration of its sales force and elimination of redundancies, the VMware’s operating margins could increase to 34.1% by 2025 from 19.1%. While this is lower than Broadcom’s margins, we expect its operating income to continue growing due to VMware’s superior revenue growth.

While we expect a financial impact on the company post-acquisition with its FCF margins forecasted to decline to -34.7% and its debt to increase by 65%, we believe that the acquisition is still positive as we expect its capital structure to Excellerate with a reduced WACC to 7.4% from 8.1%. Additionally, despite the increase in its debt, its debt weight would increase to only 28.5% from 19.4% previously. Moreover, we forecasted its cash-to-debt ratio to Excellerate to 0.41x by 2026 supported by its strong cash-generating abilities with a forecasted average FCF margin of 29% through 2026.

Most importantly, compared to our previous analysis, our forecasted revenue growth accounting for the acquisition has increased to a 5-year forward of 22% compared to 8.8% in our previous analysis. Overall, we rate the company as a Strong Buy with a target price of $730.80.

Tue, 28 Jun 2022 13:19:00 -0500 en text/html https://seekingalpha.com/article/4520836-broadcom-acquisition-of-vmware-provides-32-percent-revenue-boost
Killexams : Top 5 Reasons Nutanix HCI Simplifies Your VMware Environment

Top 5 Reasons Nutanix HCI Simplifies Your VMware Environment

Date: Tuesday, June 7th at 11am PT / 2pm ET

Why are organizations running VMware with Nutanix HCI? Discover the benefits of moving from traditional SAN infrastructure to a robust, easy-to-deploy, fully converged HCI solution for VMware virtualization.

This webinar will walk you through the top five reasons to run VMware with Nutanix, including simplified operations, maximum resiliency, seamless integration, improved agility and flexibility, and a high customer rating.

Key takeaways will include how to:

  • Benefit from tried-and-true vSphere capabilities for all of your workloads without the complexity and fragility of SAN-based infrastructure.
  • Integrate seamlessly with VMware vSphere technologies to bring automation and simplified operations to your datacenter.
  • Bring cloud economics to your VMware deployments with just-in-time scalability, self-service provisioning, and subscription licensing.

Register now!

About the presenters:

Duration: 1 hour


Fri, 10 Jun 2022 01:11:00 -0500 en-US text/html https://virtualizationreview.com/webcasts/2022/06/nutanix-top-5-reasons-nutanix-hci-simplifies-your-vmware-environment.aspx?tc=page0
Killexams : Atos and VMware Join Forces to Help Organizations and Industries Derive Value from Data More Easily

Atos and VMware, Inc. (NYSE: VMW) today announced an extension of the companies’ strategic partnership by working to deliver an integrated set of capabilities to help speed up the development of “Data Spaces”. Data Spaces are platforms that allow for greater exchange, collaboration, and monetization of data between organizations or industries, independently of the underlying infrastructure, whilst enabling data sovereignty and interoperability.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220504005030/en/

With the VMware and Atos collaboration effort on Data Space development, the companies plan to deliver an integrated set of capabilities that help enable data and industry applications to be used and shared more strategically to boost national and regional digital economies. The expanded collaboration will deliver capabilities aligned to the Gaia-X architecture and serve as a key enabler and booster of the Gaia-X initiative, which seeks to accelerate the exchange of data through new digital platforms that comply with common rules.

Atos and VMware plan to combine VMware’s multi-cloud and app modernization capabilities with the Atos cloud, as well as cybersecurity expertise and technology integration from Atos. The capabilities are designed to provide businesses and industries with the key building blocks to rapidly design, develop, deploy, better secure, and manage Data Spaces that are compliant with jurisdictional data governance requirements. Organizations can also utilize and monetize existing data to create machine learning and artificial intelligence services, and enable new industry-specific services for:

  • Healthcare and life sciences – facilitating the merge and exchange of health data to accelerate research and clinical trials.
  • Financial services – developing cross-company and cross-border services and collaboration ecosystems, for example with a sustainable finance platform to comply with Environmental, Social and Governance (ESG) requirements.
  • Utilities – optimizing the electric networks for the charging of electric vehicles.

“With a comprehensive set of data space capabilities from VMware and Atos, organizations will gain access to a viable and rapid way to more securely share, manage and monetize their data,” said Laurent Allard, Head of Sovereign Cloud EMEA, VMware. “Today’s world is multi-cloud. Aligned to the principles of Gaia-X, the suite of capabilities will be designed to deliver the interoperability, reversibility and security required for European businesses and industries to create value from data and drive their digital ambitions faster.”

“VMware and Atos are long-term partners and share a commitment to helping organizations drive value from data,” said Frédéric Malicki, CTO, Southern Europe, Atos. “By supporting the acceleration of Data Space development and data sovereignty with the capabilities from VMware and Atos, we expect to give customers the tools to drive value not just from their own data, but also from federated data, collaboratively with partners and peers. Organizations can transform existing data into new services that, for example, could help farmers better predict the weather or human health organizations Excellerate living conditions for the elderly with automated energy management.”

The capabilities provided by VMware and Atos are expected to include:

  • VMware Tanzu Data Services - to enable fast, scalable development and deployment of modern applications in the Data Space across teams and clouds by transforming the way enterprises build, run, and manage applications on Kubernetes. Tanzu Data Services are a set of core services that are part of the broader VMware Tanzu offering.
  • VMware Cloud Foundation– to connect the Data Space with cloud infrastructure including data storage platforms and to make use of already existing data.
  • VMware Versatile Data Kit – to reduce ‘unplanned work’ using a Data SDK, which includes the building blocks to build data applications with minimal effort and a plugin framework to extend or inspect any part of the data application; and a Control Service Server that enables users to manage data jobs by building, packaging, installing, tracking dependencies, and maintaining versioning.
  • Atos cloud capabilities – to support the shift to digital business.
  • Atos Edgeand Bare Metal-as-a-Service capabilities – to facilitate use cases and enable the edge-to-cloud continuum.
  • Atos Cybersecurity products and services – to maintain data confidentiality, integrity, and availability.
  • Atos Digital Hub – to create shared and transparent tailored platforms that enable and orchestrate value chains within extended data-driven ecosystems.

These capabilities will be supported by the reversibility, interoperability, and portability VMware’s cloud partners deliver. With data hosted on a common peer-to-peer framework to ensure the compatibility of architecture between cloud providers, organizations can place their data with any of the participating cloud providers to take full advantage of the services they offer, while retaining the ability to move apps or federate data on other cloud provider platforms as required.

For more information on the VMware and Atos Data Space Development Suite please contact gaia-x@vmware.com

About Atos

Atos is a global leader in digital transformation with 111,000 employees and annual revenue of c. € 11 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 71 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is an SE (Societas Europaea), listed on Euronext Paris and included in the CAC 40 ESG and Next 20 indexes. The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

About VMware

VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company’s 2030 Agenda. For more information, please visit www.vmware.com/company.

VMware, Cloud Foundation, and Tanzu are registered trademarks or trademarks of VMware, Inc. in the United States, and other jurisdictions. This article may contain hyperlinks to non-VMware websites that are created and maintained by third parties who are solely responsible for the content on such websites.

Wed, 04 May 2022 20:42:00 -0500 en-CA text/html https://www.theglobeandmail.com/investing/markets/stocks/VMW-N/pressreleases/8201292/atos-and-vmware-join-forces-to-help-organizations-and-industries-derive-value-from-data-more-easily/
Killexams : Global Industry Analysts Predicts the World Infrastructure Solution and Integration Services Market to Reach $2.1 Trillion by 2026

SAN FRANCISCO , June 29, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Infrastructure Solution and Integration Services - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to our digital archives and MarketGlass Research Platform
  • Complimentary updates for one year

Edition: 9; Released: January 2022

Executive Pool: 33912

Companies: 269 - Players covered include Adobe Systems, Inc.; Amadeus IT Group SA; CA Technologies; IBM Corporation; Intuit, Inc.; Microsoft Corporation; Oracle Corporation; SAP SE; Symantec Corporation; VMware, Inc. and Others.

Coverage: All major geographies and key segments

Segments: Segment (Infrastructure Solution and Integration Services)

Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT-

Global Infrastructure Solution and Integration Services Market to Reach $2.1 Trillion by 2026

Amid the COVID-19 crisis, the global market for Infrastructure Solution and Integration Services estimated at US$979.8 Billion, is projected to reach a revised size of US$2.1 Trillion by 2026, growing at a CAGR of 13.6% over the analysis period.

The U.S. Market is Estimated at $335.5 Billion in 2021, While China is Forecast to Reach $372.8 Billion by 2026

The Infrastructure Solution and Integration Services market in the U.S. is estimated at US$335.5 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$372.8 Billion by the year 2026 trailing a CAGR of 13.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12% and 11.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.9% CAGR. More

MarketGlass™ Platform

Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include - enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.

Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android

About Global Industry Analysts, Inc. & StrategyR™

Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:

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Director, Corporate Communications

Global Industry Analysts, Inc.

Phone: 1-408-528-9966

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Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.

Tue, 28 Jun 2022 21:53:00 -0500 en text/html https://www.victoriaadvocate.com/global-industry-analysts-predicts-the-world-infrastructure-solution-and-integration-services-market-to-reach-2/article_212806b4-e68e-5235-9c32-27ba4402a228.html
Killexams : Nymbis Cloud Solutions powered by Vox Achieves VMware Cloud Tested Status

Nymbis Cloud Solutions, a cloud service provider powered by Vox, has achieved the highly sought-after VMware Cloud Tested status.

Nymbis Cloud Solutions is a customer-centric cloud integrator, providing internationally accessible cloud services, solutions, and platforms and provides ISO compliant data centre facilities, hybrid and multi-cloud solution strategies combined with enterprise grade data protection.

“As a VMware Cloud Tested partner, Nymbis Cloud Solutions is showing customers that it is not just selling product features and benefits, but tangible technology-based business outcomes. Our focus is on enabling customers to bridge the technology gap and facilitate the delivery and integration of cloud services. The Nymbis cloud platform natively incorporates and extends data and collaboration services to the cloud,” says Barry Kemp, head of Nymbis Cloud Solutions.

The VMware Cloud Tested designation indicates that a provider offers the complete VMware-based software-defined data centre infrastructure, delivered as a service. As a VMware Cloud Tested partner, Nymbis is able to attach services to its cloud that enable customers to achieve unmatched levels of consistency, performance, and interoperability for all applications no matter the cloud they are deployed on.

“This achievement is testament to the unrelenting commitment of our team, both past and present, in providing our customers with access to a transformative cloud platform and signifies that Nymbis is part of a select group of cloud providers that have made the investment to ensure their platforms are correctly configured to deliver reliable and scalable cloud services to their customers. Achieving the VMware Cloud Tested status reflects the investment Nymbis has made in building its entire environment based on a VMware validated design and commitment to delivering a truly multi-cloud offering to our customers,” adds Kemp.

A key differentiator for Nymbis is the core network virtualisation skills and competencies which the company has developed within its engineering teams. Nymbis is an organisation that maintains an active skills development program and leverages VMware skills and training paths to ensure the ongoing maintenance and improvement of its partner status and solution delivery capabilities.

“Our VMware Cloud Tested partners have proven they have the skills and knowledge to deliver complete and advanced VMware Cloud technologies that provide value to a customer regardless of the cloud they elect to use,” says Sumeeth Singh, head of the cloud provider business at VMware Sub-Saharan Africa. “Critically, a VMware Cloud Provider partner understands that customers demand efficiency, agility, and reliability from their cloud environment, while also acknowledging that cloud services are essential to the sustained and ongoing success of their own business.

“We are delighted that the Nymbis Cloud Solutions team has attained its Cloud Tested Badge and look forward to supporting the company as they unlock the value of delivering flexible cloud solutions to their customers.”

Mon, 27 Jun 2022 20:41:00 -0500 en-US text/html https://it-online.co.za/2022/06/28/nymbis-cloud-solutions-powered-by-vox-achieves-vmware-cloud-verified-status/
Killexams : VMware Enhances Its Unique Lateral Security for Multi-Cloud

Introduces VMware ContexaThreat Intelligence, Powering VMware Security to Stop Threats Others Simply Can’t See

PALO ALTO, Calif., June 02, 2022--(BUSINESS WIRE)--VMware Inc. (NYSE:VMW) today announced significant enhancements to its unique lateral security capabilities to help customers achieve strong security for both modern and traditional applications, across multi-cloud environments. Ahead of RSA Conference 2022, VMware introduced Contexa, VMware’s full-fidelity threat intelligence capability that observes the breadth of VMware’s network, endpoint, and user technologies. With Contexa, VMware is reframing traditional security analytics with enriched threat intelligence to enhance its security and management portfolio.

"Threat actors are increasingly deploying sophisticated infiltration tactics, including the use of stolen credentials in order to exploit vulnerabilities and hide in the noise of normalcy," said Tom Gillis, senior vice president and general manager, Networking and Advanced Security Business Group, VMware. "In a world where the stakes in security continue to rise, lateral security has become the new battleground. Combining VMware Contexa with our architectural advantage, VMware exclusively sees every process running in an endpoint, every packet crossing the network, every access point, and the inner workings of both traditional and modern apps to identify and stop threats others can’t."

VMware Contexa Leaves Attackers with Nowhere to Hide

VMware Contexa is a full-fidelity threat intelligence cloud that sees what other solutions don’t and stops what other solutions can’t. With a privileged position in the infrastructure, Contexa observes and understands the inner workings of both modern and traditional apps every step of the way— from user, to device, to network, to run time, to data.

VMware Contexa records and processes over 1.5 trillion endpoint eventsi and over 10 billion network flowsii daily, along with strategically curated threat intelligence data captured through technology partnerships. This rich context is further analyzed using machine learning and insights of over 500 researchers across VMware’s Threat Analysis Unit and incident response partners. Today, Contexa uncovers over 2.2 billion suspicious behaviors dailyiii, achieving zero touch detection and automated, graduated response for over 80 percent of these events.

Integrated into every VMware security product, Contexa will be available to all new and existing customers at no additional cost. The company that pioneered virtualization, now protects VMs like no other—and is driving innovation in modern application security.

An Innovator in App Modernization Secures Apps at Scale

VMware Tanzu is a trusted partner for companies in their app modernization journey, helping them build, operate, and better secure modern applications at scale on any cloud. Today, VMware announced further enhancements to its Modern Apps Connectivity Services (MACS) solution that allows customers to build security into the full application lifecycle. With VMware Tanzu Service Mesh’s capabilities, customers now gain deep visibility and insights into the inner workings of application micro-services as they interact with each other via internal (East-West) APIs—and help to better protect them. VMware Contexa allows Tanzu Service Mesh to understand the context of the internal traffic flows, and therefore more accurately identify legitimate internal traffic from the internal movement of attacks such as ransomware.

A Pioneer in Virtualization Protects VMs Like No Other

A leader in virtualization, VMware has introduced innovative and powerful distributed security capabilities for its multi-cloud platform over the years, allowing the company to make customer workloads more secure on VMware cloudsiv. As innovations in server virtualization have driven higher virtual machine densities on a single physical server, less lateral traffic is visible to a network tap. This makes it difficult for a Security Information and Event Management (SIEM) technology or security analytics solution to identify lateral security threats by analyzing sampled data such as network flow records or selected network traffic taken from taps.

VMware has introduced new capabilities to help customers identify and respond to malware and ransomware attacks in the network by integrating its advanced intrusion detection & prevention (IDS/IPS) and Network Traffic Analysis (NTA) directly into the virtualization layer with VMware NSX. These new enhancements, powered by VMware Contexa, now inspect and analyze every packet and every process to provide extremely high-fidelity alerts that other systems relying on sampled data cannot match.

Anywhere Workspace Platform Advances Security for Employee Devices

New innovations to VMware Workspace ONE will make it easier for IT teams to manage and better secure all employee devices, while contributing to Contexa’s rich data set. VMware is today introducing Workspace ONE Mobile Threat Defense, which incorporates technologies from Lookout, a leader in the mobile security space. The new offering will help protect employees’ mobile devices from a wide range of application, device, and network-originated threats. 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 get or deploy, and vital information – including alerts and suggested resolutions – is conveyed via a resource that employees use for daily work.

VMware is also introducing new Workspace ONE capabilities that will make managing updates/patches even easier and elevate the security posture of Windows devices. For instance, the new capabilities will enable IT to automate critical updates to pre-approved groups, hand test patches more likely to create issues, and pause or rollback patches if an issue is detected. Further Workspace ONE enhancements are detailed here.

Joins the XDR Alliance to Modernize the SOC

VMware is announcing it has joined the XDR Alliance™, a partnership of leading cybersecurity industry innovators committed to an inclusive and collaborative XDR framework and architecture. VMware is well positioned with very mature endpoint and network offerings that offer a high level of insight and context for identifying and responding to threats. The mission of the XDR Alliance is to work in collaboration to make an open approach to XDR a reality for SecOps teams and help them effectively protect their organizations from cyberattacks.

VMware Sessions at RSA Conference 2022

Keynote - The Next Disruption: Security Beyond the Perimeter and Endpoint
Monday, June 6 at 4:15 PM PST
Tom Gillis, SVP & GM, Networking and Advanced Security Business Group, VMware

What is Zero Trust? What ISN’T Zero Trust? Let’s Make Sense of This!
Tuesday, June 7 at 8:30 AM PST
Evan Gilman, VMware (Panelist)

How Modern Bank Heists Are Escalating to Hostage Situations
Tuesday, June 7 at 9:40 AM PST
Karen Worstell, senior cybersecurity strategist, VMware (moderator)
Tom Kellermann, head of cybersecurity strategy, VMware
Chad Skipper, global security technologist, VMware

About VMware

VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company’s 2030 Agenda. For more information, please visit www.vmware.com/company.

VMware, Contexa, NSX, Tanzu, and Workspace ONE are registered trademarks or trademarks of VMware, Inc. in the United States and other jurisdictions.

This article may contain hyperlinks to non-VMware websites that are created and maintained by third parties who are solely responsible for the content on such websites.

___________________

i VMware Internal Analysis, May 2022
ii VMware Internal Analysis, May 2022
iii VMware Internal Analysis, May 2022
iv SE Labs, "Breach Response Detection Test: VMware NSX Network Detection and Response," August 31, 2021

View source version on businesswire.com: https://www.businesswire.com/news/home/20220602005099/en/

Contacts

Vivaan Gideon, VMware Global Communications, vgideon@vmware.com
Kerry Tuttle, VMware Global Communications, ktuttle@vmware.com

Fri, 01 Jul 2022 02:02:00 -0500 en-AU text/html https://au.news.yahoo.com/vmware-enhances-unique-lateral-security-120000320.html
Killexams : TDRA recognized as the first government entity providing sovereign cloud services in the region

UAE – The Telecommunications and Digital Government Regulatory Authority (TDRA) announced that it has been accredited by VMware, a leading company in cloud computing and virtualization technology, to become the first government entity to provide sovereign cloud services by VMware in the region. Sovereign Clouds are architected and built to deliver security and data access that meets strict requirements of data protection law and the regulatory sectors regarding data privacy, access and control.

This accreditation is the result of a journey of hard work during which TDRA was able to meet a number of standards set by VMware, such as data integration, security, independence, analytics and innovation.

This accreditation is in line with TDRA’s tireless efforts in the field of digital transformation and government enablement to use a highly efficient government cloud environment.

TDRA’s efforts in this context comes within its mission as an enabler of digital transformation in addition to its role as a regulator of the telecommunications sector in the UAE. TDRA provides a strong digital network, which is the Federal Digital Network (FedNet), as well as a range of cloud services, and a virtual services marketplace that supports government entities in developing their digital solutions.

Commenting on this achievement, H.E. Eng. Majed Al Mesmar, TDRA Director General, said: “Data has become the oil of the era and a priceless wealth. From this perspective, TDRA has been desparate to develop and localize cloud services according to the best international standards. Through this step, we seek to preserve the data of our government entities, and achieve the security and independence of data, its transfer, analytics and innovation so that this data remains safe, secure and protected.”

H.E. Al Mesmar added: “Through the accreditation of FedNet as a sovereign cloud, TDRA provides a wide range of services, in order to enhance digital transformation in government and private entities of different sizes and sectors in which they operate. Moreover, sovereign clouds will give government entities greater ability to control and preserve their data and the data of their customers, and they will be able to meet the highest standards of information security.”

Moreover, H.E. Eng. Mohammad Al Zarooni, TDRA Deputy Director General for Information and Digital Government Sector, said:” The accreditation of TDRA as a sovereign cloud service provider in the UAE will have a major role in supporting the digital transformation efforts in the country, and will drive the adoption of cloud computing by government entities. TDRA manages cloud infrastructure services, application hosting and technical support provision to federal entities within the country, and ensures its protection and security.”

H.E. Al Zarooni continued: “This would support TDRA’s efforts in enhancing the capabilities of digital enablers, which is a package of tools available to federal government entities to support their digital transformation efforts.”

TDRA indicated that the adoption of the sovereign cloud will contribute to the development of cloud services at the government level, which would Excellerate the quality of access to government services around the clock through an agile hosting environment with increased operational efficiency and financial savings through cost reduction. This step will enhance the use of digital services connected to FedNet, which reaches more than 250 digital services.

The Cloud Services Section in TDRA is responsible for managing the cloud infrastructure as a service provided within FedNet, which is an agile cloud infrastructure capable of meeting the increasing demand for computing and storage resources and providing them to more than 35 federal entities. This service is monitored by the Cloud Computing Operations Center around the clock. The Cloud Services Section provides a range of services, including infrastructure, disaster recovery environment, artificial intelligence environment, machine learning applications and others.

-Ends-

About FedNet:

The Federal Network is an effective and secure means provided by the Telecommunications and Digital Government Regulatory Authority (TDRA), aims to provide digital government services to government entities and individuals around the clock in the UAE. It also aims to provide a common infrastructure that provides secure, on-demand access to a group of integrated computing resources such as (networks, servers, storage applications, and services).

Cloud Services: This technology allows saving various files through Internet connected servers, through which files can be saved and accessed through several devices, using an account with one of the companies that provide this service.

Digital Transformation: It is the use of modern digital technologies such as the Internet, artificial intelligence and smartphone applications in providing services, improving performance, and upgrading lifestyle. Digital services are one of the most important forms of digital transformation, whereby society members can obtain government services using mobile devices at any time and place.

Mon, 04 Jul 2022 22:19:00 -0500 en text/html https://www.zawya.com/en/press-release/government-news/tdra-recognized-as-the-first-government-entity-providing-sovereign-cloud-services-in-the-region-xf9xxyc7
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