VMware Recognized by Frost & Sullivan for Customers Launching New Business Ecosystems at Scale with its Enterprise-Grade Blockchain Platform

VMware delivers a extremely scalable blockchain platform, enabling using a number of good contract languages and shorter time to manufacturing

SAN ANTONIO, March 22, 2022 /PRNewswire/ — Primarily based on its current evaluation of the World Blockchain Providers area, Frost & Sullivan acknowledges VMware with the 2022 Buyer Worth Management Award for creating an enterprise grade-blockchain that permits corporations to deploy multi-party functions with a spread of fashionable good contract languages. VMware is a number one multi-cloud and utility know-how supplier with over 20 years in the marketplace, enabling digital innovation and bettering enterprise efficiency with best-in-class options.

VMware is a number one supplier of multi-cloud companies for all apps, enabling digital innovation with enterprise management. The corporate works to harness the subsequent wave of innovation and assist resolve clients’ hardest challenges by disruptive applied sciences, resembling synthetic intelligence (AI), blockchain, edge computing, and machine studying.

“Creating a non-public permissioned blockchain primarily based on Byzantine fault-tolerant state machine replication, VMware’s structure facilitates enterprises to run distributed, multi-party functions in a number of good contract languages, with community belief and resilience in-built,” mentioned Nick J. Baugh, Business Analyst at Frost & Sullivan. “VMware Blockchain thus equips enterprises with a sturdy and extremely environment friendly platform that doesn’t undergo the principle drawbacks of different blockchain fashions. In comparison with different blockchain fashions, resembling proof-of-work mechanism, VMware’s strategy is very environment friendly and sustains huge numbers of nodes and knowledge transactions.”

VMware developed its blockchain structure with an emphasis on easy operational deployments and by facilitating exterior integrations with a number of blockchain programs and databases. The corporate allows clients to deploy a broad vary of distributed apps and customise and replace networks with its distinctive VMware Blockchain platform. Thus far, VMware Blockchain has helped massive monetary companies corporations launch new ecosystems that drive web new development alternatives and requirements for the complete trade. These new ecosystems are transacting quantity larger than the complete crypto market mixed.

By utilizing the VMware Blockchain platform, companies can run good contracts and functions seamlessly, with out manually organising integrations. The platform tackles the important thing digital ache factors of recent organizations, mitigating complicated app integrations and offering world-class assist. VMware Blockchain supplies for mission-critical efficiency in monetary companies (with sub-transaction privateness whereas processing billions of {dollars} in every day transaction quantity) and enterprise-grade options for capability administration (for managing storage necessities and GDPR compliance).

“The platform addresses the highest ache factors organizations expertise, decreasing the sophisticated integrations required and that includes easy deployment and reconfiguration, together with enterprise-grade assist,” famous Baugh. “VMware spent years in analysis and improvement on the core consensus know-how to create VMware Blockchain. The VMware Blockchain platform affords a private-permissioned blockchain for enterprises that does the heavy lifting to permit clients to get into manufacturing rapidly.”

Every year, Frost & Sullivan presents this award to the corporate that demonstrates excellence in implementing methods that proactively create worth for its clients, specializing in bettering the return on the funding that clients make in its companies or merchandise. The award acknowledges VMware’s distinctive give attention to augmenting its clients’ worth, past merely good customer support, resulting in improved buyer retention and buyer base enlargement.

Frost & Sullivan Greatest Practices Awards acknowledge corporations in numerous regional and international markets for demonstrating excellent achievement and superior efficiency in management, technological innovation, customer support, and strategic product improvement. Business analysts examine market contributors and measure efficiency by in-depth interviews, analyses, and intensive secondary analysis to establish finest practices within the trade.

About Frost & SullivanFor six a long time, Frost & Sullivan has been world-renowned for its position in serving to buyers, company leaders, and governments navigate financial adjustments and establish disruptive applied sciences, Mega Traits, new enterprise fashions, and corporations to motion, leading to a steady move of development alternatives to drive future success. Contact us: Start the discussion.

Contact:

Claudia ToscanoP: 1.956.533.5915E: [email protected]

About VMware VMware is a number one supplier of multi-cloud companies for all apps, enabling digital innovation with enterprise management. As a trusted basis to speed up innovation, VMware software program provides companies the flexibleness and selection they should construct the longer term. Headquartered in Palo Alto, California, VMware is dedicated to constructing a greater future by the corporate’s 2030 Agenda. For extra data, please go to www.vmware.com/company.

VMware Blockchain is a Distributed Ledger Know-how (DLT) platform that Enterprises belief to run business-critical, multi-party functions. VMware Blockchain supplies enterprise-grade options and robustness whereas sustaining the best degree of knowledge integrity. Performance consists of granular privateness with knowledge segregation, excessive efficiency and scalability, effectivity and Day 2 operations (upgradability, recoverability, on-premises and cloud-native deployment, and extra), mixed with 24×7 international assist. VMware Blockchain is adopted by essential monetary market establishments to set new requirements for his or her clients and the trade.  For extra data, please go to https://www.vmware.com/blockchain. 

SOURCE Frost & Sullivan