citrix systems inc (CTXS:NASDAQ GS)
citrix systems inc (CTXS) Key Developments
Citrix Systems, Inc. announced new Citrix ShareFile(R) StorageZone Connectors for Microsoft SharePoint and network drives, new StorageZone options with Microsoft Windows Azure and seamless integration with Citrix XenMobile(TM). Mobile access to enterprise data is a critical component in enabling user productivity and organizations require an enterprise-class solution to deliver it. With today's announcement, Citrix is uniquely positioned to mobilize user data - including data within SharePoint, network drives and public cloud storage on Microsoft Azure-- while providing IT with comprehensive control to secure enterprise data everywhere. Enterprises have large volumes of data in SharePoint, in network drives and within virtual desktop environments. Enabling effortless and secure access to this data from outside of corporate networks, or from mobile devices, has been a major challenge for IT. The new ShareFile StorageZone Connectors helps enterprises provide secure mobile access to data behind the corporate firewall, extending the value of SharePoint and network drives in a BYO world. Other file sharing services require the additional step of migrating or syncing SharePoint and network drives data for mobile access. StorageZone Connectors provides the unique option to create a direct and secure connection to data in its original location. ShareFile also includes a built-in mobile content editor, which supports standard SharePoint functions like check-out, edit and check-in from mobile devices. ShareFile StorageZones offers IT the flexibility to store data in secure Citrix-managed clouds in multiple worldwide locations, or on-premises within their own datacenters. The new StorageZones on Windows Azure allows customers to store data in Microsoft-hosted datacenters. With Windows Azure, IT can place data in different geographic locations that are closer to users to improve performance. ShareFile StorageZone Connectors, StorageZone Options for Microsoft Windows Azure as well as ShareFile and XenMobile integration are available in June 2013.
Citrix Systems, Inc. announced the next major release of the Citrix XenDesktop(R) desktop virtualization solution. XenDesktop 7 is the first release of Project Avalon, a multi-phased initiative to deliver Windows as a cloud service. XenDesktop 7 offers integrated Windows app and desktop mobility, easier deployment options and simplified management, all delivered through a new, cloud-style architecture. Current XenDesktop and Citrix XenApp(R) customers will find the new architecture easier than ever to deploy, manage and support. XenDesktop 7 represents the in app and desktop virtualization, enabling any business to mobilize Windows apps and desktops and deliver them as a cloud service to any device. Enterprises are under mounting pressure to respond to the demands of an increasingly mobile workforce. However, most businesses use Windows apps that were never meant to be mobile. Breakthrough technologies in XenDesktop 7 enable any Windows app to function intuitively and transparently on mobile devices, providing a seamless experience on devices of any type: innovative touchscreen capabilities translate multi-touch gestures and finger swipes into smooth navigation and scrolling commands; native menu controls streamline interaction with the application by translating pull-down lists and complex mouse navigation; powerful compression and redirection technologies automatically adjust to accommodate mobile broadband networks; HDX technologies now fully incorporate H.264 compression for a 100% increase in WAN bandwidth efficiency; new HDX compression capabilities can dynamically optimize the bit rate of full HD video so it is viewable over 3G mobile networks; new Citrix StoreFront interface unifies and secures app and desktop access through a seamless user experience - whether on the corporate network or away from the office via the Citrix NetScaler(R) Gateway solution.
Citrix Systems, Inc. announced XenMobile(TM) Enterprise, the new way to mobilize business. Citrix XenMobile Enterprise edition combines mobile device, app and data management, a unified corporate app store, mobile productivity apps and 'one-touch' live support into an inclusive solution for delivering mobile services to business. XenMobile Enterprise includes secure mobile productivity apps such as email and web browsing, as well as secure document sharing, syncing and editing. The beautifully designed integration of these mobile services differentiates Citrix from other companies in the enterprise mobility market. Citrix also announced a new mobile app market built for XenMobile, focused on business apps. The new app market will include over 80 apps from leading mobile app vendors - nearly three times the number supported by other mobile technology providers. Mobilizing the enterprise is about more than mobile devices. It is about people, productivity and the protection of intellectual property. Workforce requires secure and seamless access to apps and data from any mobile device. Employees need mobile, Windows, web and SaaS apps from an easy to use unified corporate app store. They need the ability to view, edit, sync and share data on the go. They also need live mobile support from any device they choose. With its breadth of secure mobile technologies spanning device, app and data management, mobile productivity apps and live support, Citrix XenMobile Enterprise is the only solution that delivers everything required to mobilize the enterprise. Citrix supports the broadest array of devices, from desktops, laptops, smartphones and tablets to Android-enabled cameras and USB sticks. XenMobile has extended its device support to manage and secure new ViewSonic Android-based smart displays. These displays come pre-loaded with XenMobile, allowing IT to remotely deliver and secure apps and data on these devices. Citrix has introduced Worx Mobile Apps, a collection of apps built for business. Worx Mobile Apps include Citrix apps like WorxMail, WorxWeb, Citrix ShareFile(R), GoToMeeting(R) and Podio(TM), as well as third-party apps that are Worx-enabled via a simple and powerful SDK. IT can find Worx-enabled apps in the new Worx App Gallery and deliver these apps to users' devices via XenMobile. The integration of ShareFile with XenMobile allows users to view, edit and share data within a secure container on their mobile device. Users get seamless mobile access to enterprise data in the cloud or on-premises including corporate network drives and SharePoint. With anywhere, any device access to enterprise data and a built-in mobile content editor, users can edit, annotate and add free-form signatures. With the integration of GoToAssist(R) Service Desk and Remote Support with XenMobile Enterprise, Citrix is simplifying the support experience for mobile users and ensuring companies are able to maintain maximum uptime and productivity for their mobile workforce. XenMobile Enterprise will be available in June 2013.
Citrix Systems, Inc. announced Citrix Worx Mobile Apps built for business. Citrix Worx mobile apps are enterprise-ready mobile apps with security, policy and provisioning controlled by Citrix XenMobile. Worx mobile apps, offered with Citrix XenMobile, include WorxMail for secure e-mail, calendar and contacts, WorxWeb for secure web browsing and Citrix ShareFile for secure document sharing, sync and editing. Citrix also announced a new Worx App SDK for developers and a new Worx App Gallery for IT. More than 80 Worx-enabled third party apps will be showcased in the Worx App Gallery. In addition, Adobe, Antenna, Appcelerator, Box, Catch, Concur, Expensify, HP, Good Reader and Xora have signaled their intent to work with Citrix. Citrix has developed a simple and powerful Worx App SDK that enables third parties and enterprise developers to Worx enable their mobile apps. The SDK leverages Citrix MDX app container technology to add features like data encryption, password authentication, secure lock and wipe, inter-app policies and micro VPNs to any mobile app. A single line of code instantly embeds enterprise capabilities into any mobile app. IT organizations will find a rich collection of Worx-enabled apps in the Worx App Gallery hosted by Citrix. Third-party app developers can leverage the Worx App Gallery to promote and showcase their apps to 260,000+ Citrix customers. The Worx App Gallery makes it simple for IT to find and access Worx-enabled apps.
Citrix Systems, Inc. unveiled advancements toward its mobile workstyles vision, providing powerful new ways for people to work whenever, wherever and however they choose. Citrix enables mobile workstyles through a comprehensive portfolio of cloud solutions that accelerate building, deploying and managing cloud services and IT infrastructure. More than just computing and storage power, Citrix cloud solutions serve as the engine of mobile workstyles, delivering any type of app, to any type of device, over any type of network, while supporting new forms of social collaboration to connect people. At this week's Citrix Synergy Los Angeles, attendees will learn about how these new offerings and the entire Citrix cloud solutions portfolio can mobilize every aspect of work and bring the reality of mobile workstyles to any business. Citrix XenDesktop 7 Mobilizes Windows Virtual Apps and Desktops on Any Mobile Device - The latest version of the market-leading Citrix XenDesktop solution helps businesses mobilize Windows apps and desktops and deliver them as a service to any mobile device. Built on a new, cloud-style architecture, XenDesktop 7 is simple to deploy, manage and support with purpose-built and timesaving installation, configuration and automation tools that enable IT to deliver individual apps or complete desktops with ease. New breakthroughs with HDX Mobile technologies enable any Windows app to function intuitively and transparently on mobile devices, providing a seamless mobile-friendly experience. Citrix XenMobile Enterprise Redefines Enterprise Mobility – The introduction of the Citrix XenMobile Enterprise Edition solution combines mobile device, app and data management, a unified corporate app store, Worx Mobile productivity apps and "one-touch" live support into an inclusive solution for delivering mobile services to business. Worx Mobile apps include WorxMail for secure e-mail, calendar and contacts, WorxWeb for secure web browsing, and the ShareFile data sharing solution for secure document sharing, sync and editing. Additional Worx-enabled Citrix mobile apps include GoToMeeting for easy online meetings, GoToMyPC for secure remote access to a PC or Mac and Podio for team collaboration on any mobile device. Through a new mobile app market built for XenMobile, more than 60 of the leading companies in mobility will deliver Worx-enabled apps that extend the policies and security control provided by XenMobile. Citrix ShareFile Mobilizes and Secures Enterprise Data Everywhere - Citrix is uniquely positioned to mobilize user data while providing IT with comprehensive control to secure enterprise data everywhere. ShareFile StorageZone Connectors introduce innovations to the Citrix ShareFile data sharing solution, including added support for Microsoft SharePoint and network drives, helping enterprises provide secure mobile access to data behind the corporate firewall. ShareFile also includes a new built-in mobile content editor, which now supports standard SharePoint functions like check-out, edit and check-in from mobile devices. New StorageZone options with Microsoft Windows Azure offer IT the added flexibility to store data in Microsoft hosted datacenters, in addition to Citrix-managed clouds or on-premise within their own datacenters. Through unique integration between ShareFile and XenMobile, IT can choose ShareFile as the common data platform and enable seamless interoperability to open, edit, sync and share data securely on any mobile device.
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Industry Analysis
CTXS
Industry Average
| Valuation | CTXS | Industry Range |
| Price/Earnings | 35.0x |
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| Price/Sales | 4.5x |
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| Price/Book | 3.7x |
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| Price/Cash Flow | 25.5x |
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| TEV/Sales | 4.2x |
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