Citrix buoyed by cloud and desktop virtualisation demand

The shift towards the cloud, consumerisation of IT and the customer demand for greater consolidation has benefited virtual infrastructure specialist Citrix. The vendor has delivered a solid set of fourth quarter results, for the three months ended 31 December, with a 17% year-on-year increase in rev

The shift towards the cloud, consumerisation of IT and the customer demand for greater consolidation has benefited virtual infrastructure specialist Citrix.

The vendor has delivered a solid set of fourth quarter results, for the three months ended 31 December, with a 17% year-on-year increase in revenue to $530m and net income remained fairly static at $125m. The EMEA region produced a 7% increase in turnover.

In terms of the yearly number revenue rose to $1.87bn from $1.61bn and net income climbed to $396m from $334m.

"Our customers are telling us they want to simplify enterprise computing, they want to embrace IT consumerisation and they are ready to adopt more cloud services - all to transform IT to an on-demand service," said Mark Templeton, president and CEO at Citrix.

He added that the year ahead would include more of a focus on promoting private and public clouds and "driving mainstream adoption of desktop virtualisation".

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