Broadcom CEO: $2 billion for VMware R&D to speed product, service development

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Broadcom said it will spend $2 billion a year to accelerate research and development for VMware products and services.

In making the investment assurance, Broadcom CEO Hock Tan wrote in a blog post: “By extending our multi-cloud strategy, we will invest in extending VMware’s software stack to run and manage workloads across private and public clouds, which means any enterprise can run application workloads easily, securely, and seamlessly on-prem, or in any cloud platform they prefer.”

“If companies can run VMware as a private cloud on-prem, they should be able to take their same application workloads to the public cloud without needing to re-engineer that application or worry about being locked into the public cloud providers that they choose,” Tan stated.

With the right combination of compute, storage, and network virtualisation technology, enterprises can build next-generation, software-defined data centers of their own, on their premises or in private clouds, instead of being largely or exclusively dependent on a mixed cloud environment, according to Tan.

“Virtualisation of all these functions gives enterprises the ability to manage parts of the data center more easily in on-prem, private cloud environments similar to the productivity, efficiency, ease of use, resiliency and elasticity that enterprises enjoy with public clouds,” Tan stated.

“Broadcom will make additional investments to help this technology work together seamlessly and much easier to use; and resources to help more customers adopt and deploy this great technology.”

The increased investment will also be focused on building VMware’s professional services capabilities.


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