Broadcom Inc (AVGO) VMware Explore 2025 Call (Transcript)

Core Insights - The future of enterprise IT is focused on private cloud solutions, with a significant shift towards on-premises infrastructure as indicated by a global survey where 70% of IT professionals plan to return to on-prem solutions [2] - VMware has historically faced challenges in integrating cloud building blocks, but recent engineering efforts post-acquisition have led to the development of VMware Cloud Foundation 9.0, which offers a fully integrated software-defined platform for application workloads [3] - VMware Cloud Foundation 9.0 is now delivered as a single SKU, designed to be plug-and-play, and it has been reported that private cloud solutions now outperform public cloud offerings [4]