Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Companies Rethink Strategies for Enabling Hybrid Work By: Citrix Systems, Inc. via Business Wire August 02, 2022 at 08:30 AM EDT Organizations using traditional remote access technologies say they fall short in supporting new model, move to modernize Forced by the pandemic to provide employees with access to the systems and information they needed to work from home, IT organizations around the world turned to traditional technologies like Virtual Private Networks (VPN). And they worked. But as the world moves to hybrid work, 96 percent of IT leaders who participated in a recent global survey conducted by Gartner Peer Insights on behalf of Citrix Systems, Inc. (NASDAQ: CTXS), say they no longer cut it. And they’re rethinking their approach. A Seismic Change Hybrid models have radically changed where and how work gets done – and even who does it. Of the organizations who participated in the Citrix poll: 96 percent have a hybrid work policy or allow both fully remote and hybrid work 85 percent say their workforce is more geographically dispersed than it was two years ago 75 percent have seen an increase in the number of seasonal, contract, or freelance workers A Major Miss When it comes to supporting these changes, respondents say the solutions they put in place to enable remote work fall short in the following areas: Fail to protect against additional security risks posed by employees working from anywhere (96 percent) Create a digital divide between in-office and remote employees (63 percent) Don’t provide a consistent user experience (46 percent) Hinder efficient collaboration among distributed employees (46 percent) Don’t support bring-your-own-device initiatives (33 percent) Difficult to scale and manage (25 percent) A Strategic Shift And they are increasing their investments in technologies that allow them to provide a simpler, more consistent and secure experience for employees regardless of where they work, including: Virtual desktop infrastructure (VDI) (69 percent) Virtual apps and desktops (56 percent) Desktops as a Service (DaaS) (42 percent) Zero trust network access (34 percent) A Layered Approach VPN remains the most popular solution to support remote work. But as the Citrix research reveals, it’s not enough to enable safe and productive hybrid work on its own. According to the poll, 87 percent of respondents using VPN have implemented at least one other solution to close the gaps, including: VDI (69 percent) Virtual Apps and Desktops (49 percent) DaaS (39 percent) Desired Results And in doing so, they’re achieving their goal. When asked to identify the top three benefits their hybrid work solutions provide, participants in the Citrix poll said they: Provide layered protection for all devices on the network, including unmanaged and BYOD Create an equitable work experience by providing employees with consistent and reliable access to applications and data regardless of where they are working Provide layered protection and consistent security management for all applications “Hybrid work is the future of work,” said Tim Minahan, Executive Vice President of Strategy, Citrix. “Innovative organizations recognize this and are reimagining the solutions used to support it so they can deliver it today.” Citrix provides a complete digital workspace platform that companies of all sizes can use to enable secure work. With Citrix, employees can work where and how they prefer, and IT can be confident their information and devices remain safe. Click here to learn more about Citrix solutions and the value they can provide. About Citrix Citrix (NASDAQ: CTXS) builds the secure, unified digital workspace technology that helps organizations unlock human potential and deliver a consistent workspace experience wherever work needs to get done. With Citrix, users get a seamless work experience and IT has a unified platform to secure, manage, and monitor diverse technologies in complex cloud environments. For Citrix Investors: This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the impact of the global economy and uncertainty in the IT spending environment, revenue growth and recognition of revenue, products and services, their development and distribution, product demand and pipeline, economic and competitive factors, the Company's key strategic relationships, acquisition and related integration risks as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein. The development, release and timing of any features or functionality described for our products remains at our sole discretion and is subject to change without notice or consultation. The information provided is for informational purposes only and is not a commitment, promise or legal obligation to deliver any material, code or functionality and should not be relied upon in making purchasing decisions or incorporated into any contract. © 2022 Citrix Systems, Inc. Citrix, the Citrix logo, and other marks appearing herein are the property of Citrix Systems, Inc. and may be registered with the U.S. Patent and Trademark Office and in other countries. All other marks are the property of their respective owners. View source version on businesswire.com: https://www.businesswire.com/news/home/20220802005149/en/Contacts Karen Master Citrix +1 216-396-4683 Karen.master@citrix.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Companies Rethink Strategies for Enabling Hybrid Work By: Citrix Systems, Inc. via Business Wire August 02, 2022 at 08:30 AM EDT Organizations using traditional remote access technologies say they fall short in supporting new model, move to modernize Forced by the pandemic to provide employees with access to the systems and information they needed to work from home, IT organizations around the world turned to traditional technologies like Virtual Private Networks (VPN). And they worked. But as the world moves to hybrid work, 96 percent of IT leaders who participated in a recent global survey conducted by Gartner Peer Insights on behalf of Citrix Systems, Inc. (NASDAQ: CTXS), say they no longer cut it. And they’re rethinking their approach. A Seismic Change Hybrid models have radically changed where and how work gets done – and even who does it. Of the organizations who participated in the Citrix poll: 96 percent have a hybrid work policy or allow both fully remote and hybrid work 85 percent say their workforce is more geographically dispersed than it was two years ago 75 percent have seen an increase in the number of seasonal, contract, or freelance workers A Major Miss When it comes to supporting these changes, respondents say the solutions they put in place to enable remote work fall short in the following areas: Fail to protect against additional security risks posed by employees working from anywhere (96 percent) Create a digital divide between in-office and remote employees (63 percent) Don’t provide a consistent user experience (46 percent) Hinder efficient collaboration among distributed employees (46 percent) Don’t support bring-your-own-device initiatives (33 percent) Difficult to scale and manage (25 percent) A Strategic Shift And they are increasing their investments in technologies that allow them to provide a simpler, more consistent and secure experience for employees regardless of where they work, including: Virtual desktop infrastructure (VDI) (69 percent) Virtual apps and desktops (56 percent) Desktops as a Service (DaaS) (42 percent) Zero trust network access (34 percent) A Layered Approach VPN remains the most popular solution to support remote work. But as the Citrix research reveals, it’s not enough to enable safe and productive hybrid work on its own. According to the poll, 87 percent of respondents using VPN have implemented at least one other solution to close the gaps, including: VDI (69 percent) Virtual Apps and Desktops (49 percent) DaaS (39 percent) Desired Results And in doing so, they’re achieving their goal. When asked to identify the top three benefits their hybrid work solutions provide, participants in the Citrix poll said they: Provide layered protection for all devices on the network, including unmanaged and BYOD Create an equitable work experience by providing employees with consistent and reliable access to applications and data regardless of where they are working Provide layered protection and consistent security management for all applications “Hybrid work is the future of work,” said Tim Minahan, Executive Vice President of Strategy, Citrix. “Innovative organizations recognize this and are reimagining the solutions used to support it so they can deliver it today.” Citrix provides a complete digital workspace platform that companies of all sizes can use to enable secure work. With Citrix, employees can work where and how they prefer, and IT can be confident their information and devices remain safe. Click here to learn more about Citrix solutions and the value they can provide. About Citrix Citrix (NASDAQ: CTXS) builds the secure, unified digital workspace technology that helps organizations unlock human potential and deliver a consistent workspace experience wherever work needs to get done. With Citrix, users get a seamless work experience and IT has a unified platform to secure, manage, and monitor diverse technologies in complex cloud environments. For Citrix Investors: This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the impact of the global economy and uncertainty in the IT spending environment, revenue growth and recognition of revenue, products and services, their development and distribution, product demand and pipeline, economic and competitive factors, the Company's key strategic relationships, acquisition and related integration risks as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein. The development, release and timing of any features or functionality described for our products remains at our sole discretion and is subject to change without notice or consultation. The information provided is for informational purposes only and is not a commitment, promise or legal obligation to deliver any material, code or functionality and should not be relied upon in making purchasing decisions or incorporated into any contract. © 2022 Citrix Systems, Inc. Citrix, the Citrix logo, and other marks appearing herein are the property of Citrix Systems, Inc. and may be registered with the U.S. Patent and Trademark Office and in other countries. All other marks are the property of their respective owners. View source version on businesswire.com: https://www.businesswire.com/news/home/20220802005149/en/Contacts Karen Master Citrix +1 216-396-4683 Karen.master@citrix.com
Organizations using traditional remote access technologies say they fall short in supporting new model, move to modernize
Forced by the pandemic to provide employees with access to the systems and information they needed to work from home, IT organizations around the world turned to traditional technologies like Virtual Private Networks (VPN). And they worked. But as the world moves to hybrid work, 96 percent of IT leaders who participated in a recent global survey conducted by Gartner Peer Insights on behalf of Citrix Systems, Inc. (NASDAQ: CTXS), say they no longer cut it. And they’re rethinking their approach. A Seismic Change Hybrid models have radically changed where and how work gets done – and even who does it. Of the organizations who participated in the Citrix poll: 96 percent have a hybrid work policy or allow both fully remote and hybrid work 85 percent say their workforce is more geographically dispersed than it was two years ago 75 percent have seen an increase in the number of seasonal, contract, or freelance workers A Major Miss When it comes to supporting these changes, respondents say the solutions they put in place to enable remote work fall short in the following areas: Fail to protect against additional security risks posed by employees working from anywhere (96 percent) Create a digital divide between in-office and remote employees (63 percent) Don’t provide a consistent user experience (46 percent) Hinder efficient collaboration among distributed employees (46 percent) Don’t support bring-your-own-device initiatives (33 percent) Difficult to scale and manage (25 percent) A Strategic Shift And they are increasing their investments in technologies that allow them to provide a simpler, more consistent and secure experience for employees regardless of where they work, including: Virtual desktop infrastructure (VDI) (69 percent) Virtual apps and desktops (56 percent) Desktops as a Service (DaaS) (42 percent) Zero trust network access (34 percent) A Layered Approach VPN remains the most popular solution to support remote work. But as the Citrix research reveals, it’s not enough to enable safe and productive hybrid work on its own. According to the poll, 87 percent of respondents using VPN have implemented at least one other solution to close the gaps, including: VDI (69 percent) Virtual Apps and Desktops (49 percent) DaaS (39 percent) Desired Results And in doing so, they’re achieving their goal. When asked to identify the top three benefits their hybrid work solutions provide, participants in the Citrix poll said they: Provide layered protection for all devices on the network, including unmanaged and BYOD Create an equitable work experience by providing employees with consistent and reliable access to applications and data regardless of where they are working Provide layered protection and consistent security management for all applications “Hybrid work is the future of work,” said Tim Minahan, Executive Vice President of Strategy, Citrix. “Innovative organizations recognize this and are reimagining the solutions used to support it so they can deliver it today.” Citrix provides a complete digital workspace platform that companies of all sizes can use to enable secure work. With Citrix, employees can work where and how they prefer, and IT can be confident their information and devices remain safe. Click here to learn more about Citrix solutions and the value they can provide. About Citrix Citrix (NASDAQ: CTXS) builds the secure, unified digital workspace technology that helps organizations unlock human potential and deliver a consistent workspace experience wherever work needs to get done. With Citrix, users get a seamless work experience and IT has a unified platform to secure, manage, and monitor diverse technologies in complex cloud environments. For Citrix Investors: This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the impact of the global economy and uncertainty in the IT spending environment, revenue growth and recognition of revenue, products and services, their development and distribution, product demand and pipeline, economic and competitive factors, the Company's key strategic relationships, acquisition and related integration risks as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein. The development, release and timing of any features or functionality described for our products remains at our sole discretion and is subject to change without notice or consultation. The information provided is for informational purposes only and is not a commitment, promise or legal obligation to deliver any material, code or functionality and should not be relied upon in making purchasing decisions or incorporated into any contract. © 2022 Citrix Systems, Inc. Citrix, the Citrix logo, and other marks appearing herein are the property of Citrix Systems, Inc. and may be registered with the U.S. Patent and Trademark Office and in other countries. All other marks are the property of their respective owners. View source version on businesswire.com: https://www.businesswire.com/news/home/20220802005149/en/