VMware, Inc. (VMW) CEO Raghu Raghuram Presents at Raymond James 2021 Technology Investors Conference (Transcript)

Dec. 08, 2021 1:30 PM ETVMware, Inc. (VMW) StockVMW
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VMware, Inc. (VMW) Raymond James 2021 Technology Investors Conference December 8, 2021 11:30 AM ET

Company Participants

Raghu Raghuram - CEO

Conference Call Participants

Simon Leopold - Raymond James

Simon Leopold

Folks, thank you for joining us. This is Simon Leopold, data infrastructure analyst for Raymond James at our virtual conference. And I'm pleased to welcome Raghu Raghuram from VMware, the company's CEO following the spinout from Dell. We're I think at a new phase.

Before we get started, I've been entrusted to read the forward-looking statements disclaimer, which I will do then we'll dive into our fireside session here, Q&A. And folks, if you want to ask questions, you can do so on the Zoom features. I can see them.

So first of all, statements made in these discussions which are not statements of historical fact are forward-looking statements based upon current expectations. Actual results could differ materially from those projected due to a number of factors, including those referenced in VMware's most recent SEC filings on Forms 10-Q, 10-K and 8-K.

Simon Leopold

So with that out of the way, Raghu, welcome. One way I'd like to sort of maybe start this is there may be some folks that are newer to VMware enjoying a session like this. So how do you like to introduce the company to new investors?

Raghu Raghuram

Yes. Yes, absolutely. And thanks for having me here. Excited to be here.

In response to your question, what I would say is this, right, we are living in a very, very exciting time of modernization for enterprise IT. And that modernization is a lot about companies transforming their application portfolio into more modern applications that can serve them in the cost of becoming more and more digital companies. It's about adopting our forms of cloud. And increasingly, it's about supporting their -- modernizing their employee

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