1. History and Growth
Citrix Systems is based in Fort Lauderdale, FL; it provides systems, technology, and connectivity for people to work remotely. “Some of its products include Goto Assist, GoTo Meeting, and Podio”. Citrix was founded in 1989 in Richardson, TX by former IBM developer Ed Iacobucci with $3 million in backing. Early on from the founding of the company, it faced a difficult financial situation. “From 1989 to 1995 the company didn’t turn a profit but it did receive funding from Intel and Microsoft during 1991 and 1993”. Citrix went public in December 1995 around to SEC records available. One of the biggest hurdles in the company’s history was in 1995. During the development of WinFrame for Windows NT 4, Microsoft changed its earlier decision and now it did not want to license Windows NT 4 source code to Citrix. Though, after negotiations Citrix and Microsoft entered into an agreement to license Citrix technology for Windows NT Server 4.0, resulting Windows Terminal Server Edition. In return Citrix agreed “not to ship a competing product but hang on to the right to sell an extension to Microsoft's products, primarily named MetaFrame.” This relationship continued into the Windows 2000 Server and Windows 2003 Server, with Citrix contributing Metaframe XP and Presentation Server. In 2008, Citrix changed the name of its Presentation Server product line to XenApp. Recently the company’s financial situation has changed and “Citrix has been growing its revenue in double digits except for the quarter ending December 31, 2013 when its revenue increased by 8% to $802 million from $740 million for the same quarter in 2012.”
2. Strength and Weakness
Citrix’s alliance with Microsoft is both its strength and weakne...
... middle of paper ...
... in its upper management. The president and CEO is Mark Templeton, David Henshall is the COO and CFO. Under this leadership, Citrix has completed several collaborative deals where it shares its expertise with companies like Oracle, Microsoft and markets its products across the platforms to companies with international presence.
8. Recommendations
If Citrix starts to develop application for Android based tablets which it has not released yet, the company will be able to increase its revenue and customer base exponentially. Because it has been concentrating on Apple iPads and other products by Apple, it has limited its operations and customers to a certain market niche.
WORKS CITED
https://www.citrix.com/about/executives.html https://www.citrix.com http://en.wikipedia.org/wiki/Citrix_XenApp
http://www.inin.com/resources/CaseStudies/Citrix.pdf?code=104
As of December 31, 2007 Rex W. Tillerson has been serving as CEO of corporation since two years along with Senior Vice Presidents M. W. Albers, M. J. Dolan and D. D. Humphreys. They manage 51% institutional ownership of the company.
Telecare unit. Being the nurse manager, he assumes the leadership in developing professional relationship among the multidisciplinary team. Mr. Thathamkulam has an open door policy and instructs all his staff to report to him any problems, which arise time to time so that it can be taken care of in the initial stage. He monitors all the team members on a daily basis. Mr. Thathamkulam functions as the chair of the safety committee for Eye Care Line; he monitors for Joint Commission safety compliance in the care line, identifies safety hazards, follows up with fire drills, attends hospital wide safety meetings, conducts quarterly safety meetings in the care line and reports to the hospital wide safety committee chair. He attends nurse manager
The co-CEO is formed when there is a situation in merging where a firm can make a single CEO. Most part of this article is comparing leadership succession of different CEOs and co-CEO but end result is that leadership succession does not play much roles in the failure of the merging.
His primary focus is to rebuild their senior management team to help them stand out in an increasingly competitive market. They have hired Gene McQuade as president and chief operating officer. He is a former president of Bank of America and Fleet Boston Financial's chief operating officer, he will bring a wealth of experience in operational and financial reporting to
Moto X is an Android Smartphone developed and manufactured by Motorola Mobility. Motorola’s Moto X, the first Smartphone fully assembled in the United States. Released in August 2013, Moto X is one of the company's first new products since it was acquired by in 2012.MOTO X responds to your voice, no touching necessary. Twist your wrist twice ; it becomes your camera. To Moto X, the magic words are “Okay, Google Now.”
[37]Citrix. IT Organizations Embrace Bring-Your-Own Devices: Global BYO Index 2013 [Online] Available from: http://www.citrix.com/content/dam/citrix/en_us/documents/products-solutions/it-organizations-embrace-bring-your-own-devices.pdf [Accessed 07 Dec 2013]
...ho is executive vice president & chief marketing officer, Mark Wesley who is executive vice president & chief development officer, Scott Blair who is senior vice president & chief legal officer and general counsel, Mike Borland who is senior vice president, Irene Cook who is senior vice president & JV operations officer, Liz Dunlap who is senior vice president & chief people officer, Thomas Kish who is senior vice president- eCommerce customer service centers, William H. Simpson who is senior vice president & chief franchise officer and last but not least John Meister who is senior vice president & chief information officer.
...nging technology market, they too have to make more innovative tablets capable of advanced multitasking.
Sumner M. Redstone has been chairperson since 1987, he did not become CEO of the company until 1996. However, Mel Karmazin became president and CEO of Viacom in May 2000. He was previously the president of CBS and he oversees all the operations of the corporation. He joined CBS in 1997 where he was chairperson and CEO and when Infinity merged with CBS radio he was chairperson there from 1981, until Infinity became a full subsidiary of Viacom in Feb. 2001.
In September 2013, Microsoft acquired Nokia at a cost of $7 billion in a bid to strengthen its (Microsoft) position as one of the leading players in the mobile universe. This is strategic rationale in response to the fierce competition in the industry. Microsoft desires to enhance its market competitiveness. Before the partnership with Nokia, Microsoft was virtually irrelevant in the mobile market but its acquisition of Nokia has enabled the company make inroads in the lucrative smartphone industry. Nokia smartphones run on Microsoft’s Windows Phone 8 operating system. Sale of Nokia smartphones has gradually increased and Microsoft would benefit from the positive indicator if it had direct control of Nokia resources. Microsoft aspires to leapfrog iOS in the next 3 years and this would be possible if Nokia was acquired by a competitor. Indeed, if Nokia was acquired by a rival, Microsoft would have been kicked out of the smartphone industry.
"While practically everybody today is a potential mobile phone customer, everybody is simultaneously different in terms of usage, needs, lifestyles, and individual preferences," explains Nokia's Media Relations Manager, Keith Nowak. Understanding those differences requires that Nokia conduct ongoing research among different consumer groups throughout the world. The approach is reflected in the company's business strategy:
This report is mainly based on the case study Emerging Nokia, using the frameworks and concepts we have learned to analyze the case. This report is divided into 5 parts, first is the summary of the case, the second part is about the competition Nokia faced, the third part is the factors that contributed to the success of Nokia, then the challenges Nokia may face in China and the recommendations to them and the last part is the conclusion of the report.
The XYZ Corporation was established in 2004 and their main office is located in Vancouver, BC. The company’s main objective is to create new innovating technology for media devices, computers, and digital music players. They deal with the design, manufacturing and marketing of the products. XYZ Corporation has been providing Canadians with groundbreaking technology throughout the years and continues to create new technology to provide others with top-level technology. Although, recently their success rate has appeared to drop rapidly due to a number of factors that will be explored throughout this case study. Their main objective is to target the problems so that they can work towards having the issues resolved as quickly as possible. If they do not take any course of action, the state of the company may be in extreme danger. This case study is designed to explore the areas of the company and discover the problems blocking the XYZ Corporation from success.
Over the past five years, RIM has changed its corporate name to BlackBerry, been purchased by private equity firm Fairfax Financial, written down over $1 billion in assets and unsold inventory, and laid off more than 40% of its workforce (Connors). BlackBerry’s fall from market leadership and financial success is the result of a corporate structure that failed to foster individual employee creativity and company-wide innovation. Financial distress, upper-management turnover, and loss of strategic direction are symptoms of BlackBerry’s problem: a failure to innovate and remain competitive in the smartphone market. Recent attempts to regain foothold in the smartphone market include the unsuccessful launches of the PlayBook tablet in 2011 and Z10 and Q10 phones in 2013. These attempts to dismantle the iPhone and Android market power have resulted in BlackBerry trying to mimic its competitors rather than producing cutting-edge products that create value for its customers.
Have you ever asked yourself, what the world would be like if there weren’t any mobile applications. Society is impacted by the new development in technology daily. Someone is always claiming that their inventions will revolutionize the world, but no invention has had more success over the years, in the cellular world than mobile applications. People all around the world use millions to billions of applications daily for personal and business uses. For example, social networking which is use by all generations of people. It has an influence the way we purchase cell phones, in order to have the capability. With the creation of different smartphones and tablets, comes the demand for more mobile applications. This causes competition among application builders. Mobile applications are designed to its user making their experience less complicated. Mobile applications have their advantages and disadvantages, depending on its design and designer. They can be created to be very simple or complex, depending on its intended function. Has society benefited from the usages of mobile applications or is it just a distraction. What impact do mobile applications have on society.