Virtual Computing Environment: Difference between revisions

Revision as of 22:09, 11 August 2013

Revision as of 22:18, 11 August 2013

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==History==

[[Cisco Systems]], [[EMC Corporation]] and [[VMware]] (a partially-owned by EMC subsidiary) unveiled a joint partnership in November 2009 to develop [[cloud computing]] platforms called Vblock Infrastructure Packages.<ref>{{Cite news |title= Cisco and EMC, Together with VMware, form Coalition to Accelerate Pervasive Data Center Virtualization and Private Cloud Infrastructures |work= Press release |date= November 3, 2009 |publisher= Cisco Systems |url= http://newsroom.cisco.com/dlls/2009/corp_110309.html |accessdate= August 9, 2013 }}</ref>

The partnership was originally called the VMware-Cisco-EMC alliance, though the name was later shortened to VCE, for the “Virtual Computing Environment coalition”.<ref>http://www.crn.com/slide-shows/storage/240008782/a-most-interesting-it-experiment-the-history-so-far-of-vce.htm%3Fpgno=6</ref>

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In July 2012, Cisco executive Praveen Akkiraju was appointed CEO and Frank Hauck as president.<ref>{{Cite news |title= VCE Appoints Praveen Akkiraju Chief Executive Officer |work= Press release |date= July 19, 2012 |publisher= VCE |url= http://www.vce.com/about/media/news?id=tcm:20-2159 |accessdate= August 9, 2013 }}</ref>

In a November 2012, the company claimed VCE was the market share leader for integrated infrastructure systems in an analysisreport by [[Gartner]]. The report was Gartner's first analysis of the integrated systems, which traditionally tracked server, networking, and external controller-based storage as individual markets. The report claimed that VCE had a 57.4% share among endors of integrated infrastructure systems in the second quarter of 2012 based on revenue.<ref>{{Cite web |title= Market Share Analysis: Data Center Hardware: Integrated Systems, 1Q11-2Q12 |publisher= Gartner |author= Adrian O'Connell |date= November 30, 2012 |url= http://www.vce.com/asset/documents/gartner-market-share-analysis-report.pdf |accessdate= August 9, 2013 }}</ref>

Gartner had previously tracked server, networking, and external controller-based storage as individual markets.

VCE was named one of the “2013 Virtualization 50” by ''[[CRN Magazine]]''.<ref name="crn13">{{Cite news |title= 2013 Virtualization 50 |work= CRN |date= May 24, 2013 |url= http://www.crn.com/slide-shows/virtualization/240155351/2013-virtualization-50.htm?pgno=43 |accessdate= August 9, 2013 }}</ref>

In May 2013, VCE estimated a $1 billion annual sales rate with more than 1,000 Vblock systems sold.<ref name="bets" />

However, in US [[Securities and Exchange Commission]] filings, EMC accounted for a cumulative loss of over $430 million by September 2012, and Cisco a loss of $457 million by early 2013, since revenues are recorded to the owning companies, not VCE itself.<ref>{{Cite news |title= Cisco, EMC tout VCE market share, but report losses |author= Larry Dignan |work= Between the Lines |publisher= ZDNet |date= ebruary 21, 2013 |url= http://www.zdnet.com/cisco-emc-tout-vce-market-share-but-report-losses-7000011627/ |accessdate= August 11, 2013 }}</ref>

EMC reported an investment of $667.2 million in cash and $13.2 million in stock-based compensation to VCE, for a stake of about 58%.<ref>{{Cite web |title= Quarterly Report for period ended September 30, 2012 |date= November 2, 2012 |work= Form 10-Q |publisher= SEC |author= EMC Corporation |url= http://www.sec.gov/Archives/edgar/data/790070/000079007012000154/emc-2012930x10q.htm |accessdate= August 11, 2013 }}</ref>

Cisco reported a gross investment of $457 million, for a stake of about 35%.<ref>{{Cite web |title= Quarterly Report for Quarter ended January 26, 2013 |date= February 19, 2013 |work= Form 10-Q |publisher= SEC |author= Cisco Systems, Incorporated |url= http://www.sec.gov/Archives/edgar/data/858877/000085887713000013/csco-2013126x10qq2.htm |accessdate= August 11, 2013 }}</ref>

==Products and services==