I could not be more excited about the news regarding the decision to take Citrix private. The move provides greater flexibility and the opportunity for us to accelerate our growth strategy. By going private, we will be able to achieve our goals much more quickly by investing at the pace and scale needed to speed our cloud transition and invest in innovations that the market and our customers demand. As we move forward, we will hold our commitment and promises to our customers, continuing to be the digital workspace leader, helping them to accelerate digital transformation, and releasing new innovations to enable and support secure hybrid work.
As with Citrix, our customers’ ability to move at speed is a critical differentiator, no matter the market or the size of the company. Businesses need greater agility in operations (achieved through modernization and automation), the ability to handle remote and flexible work (through new technologies like DaaS and zero trust security models), and new innovations to drive efficient work execution (through new platforms and tools that aid in team-based collaboration). And they are looking to introduce — and harness — all these capabilities while managing security, performance, and usability for their employees, contractors, and gig workers. This complexity is a hurdle for customers as they work to fully adopt cloud.
By listening to our customers and doubling down on what they need, Citrix can enable them and, in turn, continue to be a trusted partner today and well into the future.
Consider that even when reducing hardware capital expenditures with DaaS and achieving even greater savings by migrating to hybrid DaaS, the compliance and security requirements that many of our customers face dictate that they utilize all modes of virtual desktops — VDI on premises, hybrid DaaS, and managed DaaS. This is exactly what we heard from our own Customer Advisory Boards (CAB) and in various customer meetings and escalations. As the leader in the Virtual Client Compute (VCC) market, where we are the No. 1 player in VDI on-prem and showing rapid high double-digit growth in hybrid DaaS in 1H’21, Citrix will be the only player in the market that can offer all three spectra of capabilities when we release a managed DaaS offering later this year. And as we look to help our customers transition to the cloud, we will continue to innovate and offer value-add services like analytics, service continuity, and the additional tools they need to scale — like Citrix Provisioning, Citrix Workspace Environment Management, and more — across all our hyperscaler cloud partners.
By focusing on our customers’ needs and delivering the same superior quality and service for managed DaaS, both our customers and Citrix can win. It is thanks to our customers that we have been successful in cross-selling ADC capabilities, expanding app delivery and security (AD&S) use cases, and recognizing the need for adaptive authorization (AA) and secure private access (SPA) to virtual and non-virtual applications.
As an industry leader in application and desktop virtualization, desktop as a service (VDI-DaaS), application delivery and security (AD&S), and work and content collaboration (Content Collaboration and Work Management), Citrix will be able to bolster our support of customers on their journey with further investments in these high-growth opportunities. We can help organizations remove complexity, enhance productivity, improve employee experience, and achieve the agility they need to stay ahead of their competitors and succeed in the new world of work.
It is only through harnessing all our core areas of strength and meticulously executing on our strategy of delivering a unified and simplified digital workspace experience that we can help our customers meet their business needs while accelerating their digital transformation as they navigate the hybrid workforce.
The development, release and timing of any features or functionality described for our products remains at our sole discretion and are subject to change without notice or consultation. The information provided is for informational purposes only and is not a commitment, promise or legal obligation to deliver any material, code or functionality and should not be relied upon in making purchasing decisions or incorporated into any contract.
