Citrix (CTXS)

Citrix (CTXS)

Postby blid2def » Fri May 16, 2008 3:00 pm

Source: http://java.sys-con.com/read/567401.htm

Virtualization Vendors VMware and Citrix Shine in Tough Corporate Software Spending Environment
According to ChangeWave Survey Claims Virtualization Is In Front With VMware and Citrix In Good Standing

By: Virtualization News Desk
May. 15, 2008 11:00 AM

U.S. corporate software spending continues to trend downward, according to a recent ChangeWave survey of 1,956 professionals involved with software purchasing in their company.

The April 8-15 survey results show deterioration in 2nd quarter corporate software spending with little relief in sight.

There was good news, however, on the virtualization front, with strikingly upbeat findings for virtualization software giant VMware and indications of momentum for Citrix.

Tough Time for Software

One-in-four respondents (25%) say their company will spend less for software over the next 90 days -- 3-pts worse than a previous ChangeWave survey in January. Only 12% say their company will spend more -- down 4-pts from previously.

What's behind this continuing pullback? A total of 13% of respondents cite "a general slowdown in business conditions and capital budgets" as driving their software spending decisions -- 4-pts more than in January and double the percentage of six months ago.

Respondents were also asked if there were any recent changes in their 2nd quarter capital budgets, and more than one-in-four (26%) said their budgets had been adjusted lower over the past 90 days. That's 4-pts worse than three months ago, and more than triple the percentage who say their capital budgets have increased (8%).

"This corporate software survey clearly shows that the spending downturn isn't over yet," said Tobin Smith, founder of ChangeWave and editor of ChangeWave Investing. "With the exception of virtualization firms, the forecast for corporate software makers remains gloomy."

Which software categories are bearing the brunt of the downturn?

Enterprise Resource Planning (ERP; Net Score = -11), Document and Enterprise Content Management (ECM; -9), and Customer Relationship Management Software (CRM; -6) are all seeing big declines in planned spending.

There is, however, increased corporate spending on Virtualization Software (+5) -- with VMware strengthening its domination over this market. So far this year, VMware's market share has risen 12-percentage points in ChangeWave's surveys (from 58% in January to 70% currently).

None of VMware's competitors have exhibited anything like this level of growth, although Citrix (26%; up 5-pts) has also shown a healthy jump in current share.

Looking at planned purchases for the next six months, VMware (73%; down 3-pts) towers over the rest of the market, with better than a four-fold lead over its closest competitors. But once again, Citrix (15%; up 8-pts) shows momentum going forward.
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Re: Citrix (CTXS), VMW (VMWare) - Virtualization s/w vendors

Postby kennynah » Fri May 16, 2008 3:29 pm

thanks for this info...

so, in short, buy up citrix ...yes?
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Re: Citrix (CTXS), VMW (VMWare) - Virtualization s/w vendors

Postby blid2def » Fri May 16, 2008 3:48 pm

kennynah wrote:thanks for this info...

so, in short, buy up citrix ...yes?


Dun have enuff money to buy up the whole Citrix lol. But I like the chart, may look at taking a small position. Been following it for a while. Hope I dun screw up again (usually die .... stand when I buy tech). :D
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Re: Citrix (CTXS), VMW (VMWare) - Virtualization s/w vendors

Postby blid2def » Tue May 27, 2008 3:56 pm

Hmm - CTXS could yet present a downside play instead now. Heading towards MA50, but always a risk for these tech companies with a flagship product that they could be swallowed overnight and we'd be left wondering what hit us.
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Re: Citrix (CTXS), VMW (VMWare) - Virtualization s/w vendors

Postby kennynah » Tue May 27, 2008 3:57 pm

hmmmm.....MA50 is at 32.69....so it appears to be coming down and it is now 33.72...a little way from the support...
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Re: Citrix (CTXS)

Postby blid2def » Tue May 27, 2008 3:58 pm

I edited my post 'cos I was looking at the wrong chart (saw CTX - Centex instead of CTXS - Citrix). Hahahaha.... okay, but yeah, still downwards. Please see my revised post lol.
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Re: Citrix (CTXS)

Postby iam802 » Tue Jul 12, 2011 9:08 pm

Citrix buys cloud.com for US$200M

http://techcrunch.com/2011/07/12/citrix ... on-a-roll/

Note:
- Smart for cloud.com founders to sell
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: Citrix (CTXS)

Postby winston » Thu Mar 28, 2013 5:47 am

not vested

Citrix Systems, Inc. (NASDAQ: CTXS)

Citrix Systems, Inc. designs, develops, and markets technology solutions to deliver IT services on-demand worldwide.

It offers desktop solutions, such as XenDesktop, an integrated desktop virtualization system; XenApp, an application virtualization solution; AppDNA, an application migration software; VDI-in-a-Box, a desktop virtualization solution; and XenClient, a bare-metal hypervisor that runs on the client device hardware.

The company also provides datacenter and cloud solutions, such as NetScaler, a Web application delivery controller and Branch Repeater for branch and mobile users.

In addition, it offers software as a service products, such as GoToMeeting primarily for online meetings; GoToWebinar for Webinar sessions; GoToTraining to deliver content to trainees; Integrated Toll Free Audio to provide an audio and Web experience; and HiDef Corporate that offers audio options with reservationless audio conferencing.

Further, the company offers GoToAssist, a remote technical-support solution; GoToManage solution for IT management; GoToMyPC, which offers remote access to PC and Mac from an Internet-connected computer; ShareFile, a data sharing and collaboration product; and consulting, technical support, and product training and certification services.


http://todaysbigstock.com/2013/03/27/ci ... sdaq-ctxs/
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Re: Citrix (CTXS)

Postby investar » Thu Mar 21, 2019 4:14 am

Contract with Pareteum TEUM:

NEW YORK, March 20, 2019 /PRNewswire/ -- Pareteum Corporation (TEUM), a rapidly growing global cloud software communications platform company with a mission to connect every person and every(thing)TM, today announced a new sales transaction with Citrix Systems, Inc. (CTXS). The agreement will see Citrix migrate employees to a cloud-based deployment of Pareteum's iPass SmartConnectTM solution, which has been fully integrated with Citrix's existing single sign-on solution to provide users with an enhanced security experience. A phased rollout is currently underway.

Shawn Genoway, Sr. Director, IT, Citrix, commented, "Our move to a cloud-based deployment of Pareteum's iPass SmartConnect aligns perfectly with our overall cloud strategy. With a growing mobile workforce, we needed a way to keep our remote workers cost-effectively connected, while ensuring our data is secure at all times. We now have a solution that allows mobile workers to stay securely connected and productive, wherever they are trying to get online."

"This is a significant sales transaction and we are delighted to count Citrix, which itself serves 98 per cent of the Fortune 500, as a customer of Pareteum's global cloud software communications platform," commented Christine Braelow, Global Vice President of Sales for Enterprise and Brand at Pareteum. "Being able to provide secure, seamless, and flexible mobile connectivity to employees is paramount for all global companies today, so we are thrilled to have been chosen by Citrix to help make this a reality. The breadth of the Pareteum cloud offering positions us as a true strategic partner to our enterprise customers, driving enhancement and efficiency in every aspect of communications services. We look forward to being a great strategic partner to Citrix."
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Re: Citrix (CTXS)

Postby winston » Wed Apr 01, 2020 8:37 pm

HITTING NEW HIGHS AS AMERICA WORKS FROM HOME

Today's company is there when your office shuts down...

To fight the coronavirus outbreak, most Americans are now facing lockdown restrictions. That change has devastated many businesses, leaving them with few customers or even forcing them to close down.

But many offices have their employees working remotely. And that's been a powerful tailwind for this software company...

Citrix Systems (CTXS) is an $18 billion cloud-services provider. More than 400,000 organizations use its services, including 99% of the Fortune 500.

Its products make it easier for employees to do the same work regardless of which computer they're using. This business brought in $3 billion last year... And it's especially valuable when everyone is suddenly working from their kitchen table.

CTXS shares initially followed the broader markets down in February – but investors quickly realized its value during the coronavirus crisis.

Shares have exploded nearly 40% higher in less than three weeks, hitting a new all-time high. Lots of companies are struggling in today's environment, but Citrix provides tools that folks need right now...

Source: Daily Wealth
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