Not surprisingly, VMware is announcing new tools to support its cloud computing strategy, according to news from SmartTrend news:
At its annual conference this week, VMware (NYSE:VMW) may unveil cloud technology that enables companies to run their own data centers more efficiently via cloud technology. Cloud computing is an industry term for information that is stored remotely through the use of equipment operated by outside specialists and accessed remotely via internet. VMware, a Sillicon Valley firm, was responsible for ushering in the era of cloud computing. SmarTrend currently has VMware in an Uptrend. Since 2008, SmarTrend subscribers trading VMware using our alerts outperformed the stock by 37%. We are monitoring these developments and will alert subscribers to any change in trend.
It's interesting to analyse VMware's strategy in the cloud, as I attempted in my blog post - especially when it comes to VMware's stronghold - virtualization technology!
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