Forbes just released their 2013 list of the world's most innovative companies and VMware was ranked number three. The editors at Forbes have taken a data-driven approach to their list by identifying the "company innovation premium" - the difference between their market capitalization and a net present value of cash flows from existing businesses. We’re excited that VMware ranked third among all companies and there's a lot going on behind the numbers that drives innovation at VMware. We're enabling a new generation of IT by focusing on the Software Defined Datacenter, Hybrid Cloud and End User Computing. Through this we continue to lead in virtualization and with VMworld around the corner we’ll have a lot of exciting updates to share at the show.
New Leaders Driving Innovation
Forbes also identified the individuals driving innovation in their industries and we’re proud that Tim Young, founder of Socialcast and VP of Mobile Computing at VMware, was included on the list. Tim is working on the transformation to the modern way of working and rethinking how work gets done with mobile and social technologies.
Tim is part of a talented leadership team at VMware driving the transition to mobile-cloud era. These leaders have emerged from within the company, such as 13-year VMware engineer Pratap Subrahmanyam who was just named a VMware Fellow. Martin Casado, founder of Nicira, was recently honored with Grace Murray Hopper Award for his advances in networking efficiency. We’ve also brought together some of the most accomplished and innovative people from around the industry. Industry veteran Dave O’Callaghan recently joined as VMware Channel Chief to drive the next generation of our channel program and Sanjay Poonen brings more than two decades of experience to his new role as General Manager for the End-User Computing business.
Being recognized by Forbes is a great validation of all the hard work that’s driving innovation at VMware today and tomorrow. Make sure to join us for VMworld to see what's next.