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HERALDING THE ERA OF PRIVATE
BW Businessworld
|October 05, 2024
Broadcom CEO & President Hock Tan asserts that the future of enterprise IT lies in private cloud solutions
When Broadcom CEO and President Hock Tan took the stage at the Venetian Expo and Convention Center in Las Vegas, United States to kick off VMware Explore 2024 on August 27, the energy reeked of signalling that change of guard and heralding a new era. This was the first Explore since Broadcom’s $69-billion acquisition of VMware in November 2023. Minutes into his keynote, the message from Tan was clear — “The future of enterprise is private.”
Citing challenges associated with public cloud adoption such as high costs, complexity and compliance, Tan asserted that the future of enterprise IT lies in private cloud solutions. “Of course, you continue using the public cloud for elastic demand and bursting of workloads. But in this hybrid world, the private cloud is the platform to drive your business and innovation,” he said.
As he continued highlighting the efficiencies and problems associated with legacy data centres, Tan unveiled the VMware Cloud Foundation (VCF) 9. He claimed that VCF 9 would accelerate customers’ transition from siloed IT architectures to a unified and integrated private cloud platform.
Broadcom claimed that VCF is the industry’s first private cloud platform to deliver public cloud scale and agility with private cloud security, resilience and performance, and low overall total cost of ownership.
This story is from the October 05, 2024 edition of BW Businessworld.
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