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Citrix Systems (CTXS) investor relations material
Citrix Systems Q2 2022 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2022 earnings summary26 Jul, 2022
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Frequently asked questions
Virtualization and Remote Access
Citrix Systems is an American technology company with multinational operations. The company's primary offerings include products that allow for the delivery of desktops and applications to users on any device, anywhere, through virtualization and remote access technologies. The company’s customer base is massive with over 400,000 clients across the globe. It is headquartered in Fort Lauderdale, Florida, and its shares are traded on the Nasdaq.
Foundation and Growth
Citrix Systems, Inc. was founded in 1989 by Ed Lacobucci, a former IBM developer, in Richardson, Texas. The company's initial focus was on developing remote access products for Microsoft operating systems, enabling users to access Windows applications from remote devices. In 1995, Citrix launched WinFrame, a multi-user operating system based on Microsoft's Windows NT. Over the years the company expanded its product line and geographical reach, consistently innovating within its field, and is today one of the industry leaders.
Virtualization and Networking
In workspace virtualization, Citrix's primary offering is "Citrix Virtual Apps and Desktops". This solution enables the delivery of virtual applications and desktops to any device, enabling employees to work from anywhere while maintaining the security and integrity of corporate data. It's particularly useful for businesses with remote workforces, BYOD policies, or the need to provide a consistent user experience across varied device types. On the networking front, the company provides "Citrix ADC" (Application Delivery Controller). It's designed to ensure optimal application performance by balancing traffic across multiple servers and enhancing security with integrated protection features. Another significant offering is "Citrix SD-WAN", which optimizes network connections by dynamically routing traffic based on application requirements and network health. This results in a more resilient, high-performance connection, particularly beneficial for companies with multiple locations or relying on cloud services.
Cloud Services
Citrix Cloud services centralize and simplify the deployment and management of Citrix technologies, helping organizations move workloads to the cloud more seamlessly. Within this umbrella, offerings like "Citrix Workspace" integrate various apps and data across different cloud providers into a unified experience, enhancing productivity. Additionally, "Citrix Content Collaboration" supports secure file storage, sync, and sharing across devices. Citrix's cloud solutions are designed for integration with major cloud platforms, ensuring that businesses can navigate the complexities of multi-cloud environments while optimizing costs, performance, and security.
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