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Citrix Systems Inc.

Company Profile Analysis

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Citrix Systems Inc. - ICT showcase

Year Founded & Workforce

1989

10,000 Employees

Industry

ICT

Services

SD-WAN
C

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Citrix Systems Inc. Overview

Company Headquarters: Florida, US

Founded: 1989

Workforce: ~10,000

Company Working: Citrix Systems Inc. (Citrix) designs, develops, and markets information technology solutions. The company operates under a single reportable segment which provides a digital workspace that unifies apps, data, and services. It markets and licenses its solutions via multiple channels worldwide, which includes selling through its resellers, direct sellers, and over the Internet. The company derives its sales from solutions related to its digital workspace, networking products, and related support services. The networking operation includes hardware or software-based solutions with Citrix ADC, and Citrix SD-WAN as its major product offerings. Citrix SD-WAN offers an integrated platform of security, routing, WAN optimization, and path control for simplifying implementation and maintenance of the branch network, which allows customers to leverage hybrid WAN architecture, thereby increasing the WAN capacity. Citrix operates in the Americas, Europe, the Middle East and Africa (EMEA) and the Asia Pacific regions.

Strategy

Citrix Systems Inc. invests in research and development to develop new solutions and core technologies in its core market and further enhance the functionality, reliability, performance, and flexibility of its existing solutions. Also, the company continues to invest in its global system integrator partnerships, including IBM Corporation, DXC Technology, and Fujitsu Ltd, that have multiple offerings in the market with Citrix workspace and Citrix networking solutions. It markets and licenses its solutions through numerous channels worldwide, including selling through resellers and direct over the web. The company focuses on increasing the productivity of its existing partners, and building capacity through targeted recruitment, introducing programs to increase partner mindshare, limit channel conflict and increase partner loyalty.

Company Snapshot

$2,020M

Revenue

10,000

Employees

1989

Founded

Florida, US

Headquarters

SWOT Analysis

Strengths

  • Robust technology partnership and distribution network
  • High focus on innovation and development

Weaknesses

  • Decline in liquidity position

Opportunities

  • Growing IT Service Market
  • High demand for IOT Application

Threats

  • High market competition
  • Data loss and service distribution

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Key Developments

DateApproachDevelopment
September 2019CollaborationCitrix collaborated with Palo Alto Networks, one of the leading cybersecurity solutions providers, to enable the secure deployment and management of next-generation firewalls within the Citrix SD-WAN for providing its users with multi-layer security to protect their assets across branches and workspaces.

Product Offering

  • Citrix Systems Inc.
    • SD-WAN

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Digital Workspace was USD 2 Bn in 2018.
Citrix Systems Inc. — By Business Segment
Series (USD Bn)2018
Digital Workspace2
Networking0.8
Professional Services0.1

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