Cloud and mobility demand drive Citrix revenues
Demand for cloud, mobility and desktop virtualisation products and services helped drive revenue at Citrix putting the BYOD champion in a position to talk about growth.
Emerging revenue opportunities for the channel with digital transformation
Digital transformation is a phrase that means many things to many people but for it to have any real relevance to the channel then it needs to mean a chance to make money. This guide will share some of the recent developments in the channel and the latest thoughts about the issue.
By submitting your personal information, you agree that TechTarget and its partners may contact you regarding relevant content, products and special offers.
You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.
Demand for cloud, mobility and desktop virtualisation products and services helped drive revenue at Citrix putting the BYOD champion in a position to talk about growth.
Although profits could not manage the same rate of growth as revenue, with net income for the first quarter coming in at $68m compared to $74m a year earlier, there were plenty of arrows pointing upwards elsewhere in the business.
Product and licenses revenue grew by 19%, SaaS turnover climbed by 21% and the money from professional services also saw an increase of 38% for the three months ended 31 March.
Mark Templeton, president and CEO of Citrix, said it had made a solid start to the year particularly around, "web collaboration, desktop virtualisation and cloud networking".
"We are expanding into fast growing, adjacent markets, all fueled by three powerful forces - the need for mobility, the enterprise cloud evolution and the build-out of hosted cloud services," he added.
Start the conversation
0 comments