Citrix Systems, a Fort Lauderdale-based company with a wide international reach, has built itself into an important player in the highly competitive information-technology sector, recently posting strong growth in revenues, profits and employment.
Last year alone, Citrix added 1,300 employees to its worldwide workforce, an increase of more than 23 percent, bringing the total to approximately 7,000 today. About 1,500 people work at Citrix’s main office in Fort Lauderdale, and the company also has its Latin American and Caribbean headquarters in Coral Gables.
Citrix in 2011 logged record-high net revenue of $2.2 billion, a 17.7 percent increase over 2010, and record net profits of $356.3 million, 28.6 percent higher than the previous year. Cash flow from operations was $679 million last year, compared with $616 million the prior year.
With more than 230,000 customers worldwide, about 45 percent of revenues came from the Americas, 26 percent from Europe, the Middle East and Africa, 9.5 percent from Asia and 19.4 percent from online services, such as GoToMeeting, GoToTraining and remote IT support. Citrix’s revenues are derived from product licenses, license updates, software as a service and tech services.
The expansion of mobile devices all over the world plays a key role in Citrix’s growth plans.
“In computing, mobility used to be the exception,” said David J. Henshall, the company’s chief financial officer and executive vice president of operations. “Now it has become the rule.”
With the explosive growth of smart phones and tablets, more and more companies and individuals worldwide embrace mobile work styles and cloud-based computing services that allow people to be as connected and productive outside the office as they are in the office using a company network and computer, said Henshall, a Colorado native who has been CFO at Citrix since 2003.
Meeting the burgeoning demand for mobility at the corporate, small-business and personal levels is a driving force at Citrix.
“We enable the mobile work style and cloud computing,” Henshall added. “We enable people to work and play from anywhere using any type of device.”
Like cable and satellite TV, which collects an enormous volume of signals from all over the world and sends them to individual customers, Citrix securely facilitates transmission of data and Internet applications to its customers wherever they are located, and on virtually any device.
Led by CEO and President Mark Templeton, Henshall and other members of Citrix’s executive team continue advancing a corporate strategy that includes in-house technology development and innovation as well as an aggressive acquisition program that provides new technology and market access, plus expansion of the company’s business in mobility and cloud computing. Last year alone, Citrix acquired six companies and bought a stake in another, costing the company about $472 million, according to the company’s SEC filing.
Partnerships also play an important role in its strategy — more than 10,000 companies resell, host and support Citrix products and services in 100 countries, providing the company with input on what the market requires. These partners include Microsoft, IBM, HP, Intel, Cisco, Dell, Amazon Web Services Oracle and SAP, some of whom are also competitors.
Source: http://www.miamiherald.com/2012/03/18/2698333/mobile-technology-smart-strategies.html
Very informative blog.
ReplyDeleteThe MCSE certification provides the ideal way to demonstrate your ability to use Windows Server 2012 to excel in a specific, market-relevant job role.
The MCSE is for the IT professionals who have more than one or two years of IT experience.
Prohut is the best MCSE training / coaching / institute. It the only place where you will learn technology from professionals and not from faculties. You will get a chance to get in depth knowledge from ex-employees of Microsoft, HCL, CSC, WIPRO, IBM, etc.
To know more about other professional courses please visit http://www.prohut.net or http://www.prohut.net/windows-server-training.html