VMware expects revenue growth as business in PHL looks ‘promising’

VMware, Inc. is anticipating revenue growth in the country given the increasing digitalization of companies.
Vice president and managing director for Southeast Asia and Korea Sanjay R. Deshmukh said that business looks “promising” in the Philippines.
“Philippines is growing, one of the top 10 countries in terms of GDP (gross domestic product) growth, so it is a promising business for us in terms of expectation of revenue growth,” Mr. Deshmukh said in a media roundtable on June 28. He didn’t elaborate however on how much growth the company is aiming for.
Country manager Victor Silvino said that the company is in a good position to address the need of companies to use not only data centers or cloud but to continue to move to hyper distributed applications.
“Companies move from putting their data in the data center, to creating digital workspace and…moving to centers of data at the edge, we are well-positioned [in the market],” Mr. Silvino said.
The company recently launched the virtual cloud network, a software-defined network architecture that delivers services to applications and data, whatever the location.
VMWare has major banks as it clients, including Metropolitan Bank and Trust Co. (Metrobank), as well as telecommunications giant Globe Telecom, Inc. It also recently was tapped by Landbank of the Philippines for the state-owned financial institution’s virtualization needs. — Patrizia Paola C. Marcelo