Codestone

Category: Virtualisation

Companies are being advised that it could be the ideal time to invest in VMware products, such as the manufacturer's popular virtualisation solutions.

Forbes has reported that a boost in confidence in the brand has resulted in its status on the stock market rocketing.

Daniel Ives, an analyst at FBR Capital, has raised VMware's rating from Market Perform to Outperform, reflecting its current success.

"VMware checks continue to suggest that virtualisation solutions will continue to be a top priority given its stepping stone status towards cloud computing and overall ability to improve efficiency within data centres," he is quoted as stating in a note.

Mr Ives went on to suggest that there will be "positive dynamics" that drive take-up of virtualisation over the next year to 18 months.

Steve Herrod, chief technology officer at VMware, recently spelled out the factors behind its success, admitting a desire to be innovative helps it stay ahead of the competition.

Posted by Jack Gilbert