What did Hoc do with a similar BU at CA?
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People on here don’t have a clue. VMC is flying, growth is significant. Sold by both VMware and a massive AWS Salesforce. 1000s of customers itching to get out of DC facilities, DC contracts and hardware refreshes. These same customers have a second strategy to get off vSphere and modernise. It’s happening people and shows customers want to get out of their ineffective VMware shelfware ELAs
"Moreover VMC has consistently under-performed, failing to meet projections even after the company adjusted its forecasts downward."
This is the root of the problem, and further demonstrates the multi-cloud strategy lacks credibility in the marketplace. 'Fake it til you make it' is not a viable plan of action.
It's not really surprising. The product is composed of all the people who cratered vsphere into a sink hole of complexity, inefficiency, inconsistency as well as inablity to scale. Do you think the G-team is going to make a better NEW product?
The team excels at convincing management that they must start over to do something different, mainly because their current offering is unmaintainable and no longer an interesting project to them.
That’s what’s you get when you focus on the mail mmm thing!
Page 38 - Broadcom's response to EU
https://assets.publishing.service.gov.uk/media/64ac174ab504f7000ccdb88e/Issues_Statement_Response.pdf
"VMware would not recoup losses if workloads migrate to the cloud.
204 It would be illogical for VMware’s customers to respond to foreclosure by moving
from one VMware product to another. In any event, VMware Cloud (VMC)
captures [].
205 Customers perceive VMC as []206 and a temporary solution
while transitioning to public cloud. One customer noted that: [].207 Another
noted, []. 208 Moreover VMC has consistently underperformed, failing to
meet projections even after the company adjusted its forecasts downward.
Strategy documents from 2019 forecasted that VMC would achieve $[]in
annual bookings in FY2022. This forecast was adjusted downwards in
VMware’s FY2020 corporate long-range plan, which predicted VMC would
book a more conservative $[] revenue in FY2022.209 In fact, VMC achieved
only $[] in bookings in FY2022, substantially missing both
projections. Recognizing this underperformance, [].210 Even then, VMC
continued to miss its revised quarterly and annual bookings projections, leading
VMware to lower even further VMC’s projections in the FY2023 AOP by
[]%. Separately, the Phase 1 Decision also fails to account for the fact that
Broadcom customers use less Broadcom hardware when they switch to the
public cloud, such that the Combined Entity would also not be able to recoup
losses through additional hardware sales."