Citrix Recognized with Frost & Sullivan 2011 Global Market Penetration Leadership Award

Citrix Systems today announced that the company has been recognized with the Frost & Sullivan Global Market Penetration Leadership Award in Hosted Web Conferencing Services for achieving the fastest market growth rate among top web conferencing providers and securing the #2 web conferencing provider position worldwide in 2010. The annual award honors excellence in capturing and growing market share within the industry.

Recognized for a “focus on creating easy-to-use and affordable web collaboration services,” Citrix increased its collaboration product line revenues by more than 25% in 2010. Nearly half of the total revenues for the Online Services Division of Citrix were from its collaboration solutions GoToMeeting®, GoToWebinar® and GoToTraining®.

Frost & Sullivan also noted that the company’s core value proposition of ease of use and simple pricing appealed to small and medium-sized businesses and have been “key factors in its ability to capture a large chunk of the SMB market.”

What Is New

Continuing Momentum in 2011:
- With its collaboration solutions earning 14% revenue market share, Citrix is now the #2 web conferencing provider worldwide and has achieved the fastest growth rate among top conferencing providers.
- Citrix recently debuted GoToMeeting with HDFaces™ high-definition group video conferencing, transforming the way people meet and collaborate by offering a one-click, real-time face-to-face integrated collaboration solution with all GoToMeeting subscriptions at no additional charge.
- Early this year, Citrix completed its acquisition of Netviewer AG, a leading privately-held European Software-as-a-Service (SaaS) vendor in collaboration and IT services, accelerating the company’s global expansion and extending its SaaS leadership in Europe.
- Inc. magazine recently recognized the company’s mobile collaboration app as one of the “Must-Have Apps for Salespeople.” Downloads for Citrix GoToMeeting mobile app have surpassed 380,000.
- In 2011, Citrix was the first online training provider to add a social share feature to its GoToTraining platform, enabling trainers to share and promote their training sessions on social media channels.

Why It Matters

Analyst Validation of Leadership: Frost & Sullivan monitors more than 300 industries and 250,000 companies, and awarded Citrix the top honor in the hosted web conferencing service market due to its rapid market penetration, growth and solution value.
Solid Value Proposition for Customers: In the competitive web conferencing market where pricing fluctuation, complexity and quality issues may detract from the collaboration and meeting experience, Citrix has continued its focus on a superior customer experience, delivering easy, high-quality, reliable and affordable collaboration solutions.

Quotes

“Citrix has maintained a consistent focus on delivering user-friendly, intuitive and stickier collaborative solutions at attractive price points. As the market shifts away from complex and over-featured solutions, the company has continued to gain significant growth in revenue and its installed customer base.” Roopam Jain, Principal Analyst, North America Information & Communications Technologies Practice, Frost & Sullivan

"We’re honored to receive this recognition from Frost & Sullivan. This is truly a testament to our incessant focus on the experience – enabling all customers, from individual professionals to Fortune 100 enterprises, to easily collaborate any time, anywhere. The ease of use, simplicity and affordability of our products continues to drive our growth in 2011. It’s this value proposition that sets us apart from other competitive solutions such as Cisco WebEx and keeps our customers returning time and time again, whether they use GoToMeeting, GoToTraining, GoToWebinar, HiDef Corporate® Audio Conferencing, or a combination of all.” Bernardo de Albergaria, VP and GM, Collaboration, Online Services Division, Citrix Systems

Related Links

Citrix GoToMeeting with HDFaces Transforms Business Collaboration
Citrix Closes Netviewer Acquisition
Citrix Expands Mobile Workforce App Lineup with Free GoToMeeting App for Android Users
Citrix GoToTraining Gets Social

Follow Us Online

Citrix GoToMeeting on Facebook: http://www.facebook.com/GoToMeeting
Citrix GoToTraining on Facebook: http://www.facebook.com/GoToTraining
Citrix GoToWebinar on Facebook: http://www.facebook.com/GoToWebinar
Workshifting blog: http://workshifting.com

About the Award

The Frost & Sullivan award for Global Market Penetration Leadership is presented every year to the company that has demonstrated excellence in capturing and growing market share within the industry through a combination of acquisitions and growth. Recipients show strategic excellence in product innovation in marketing, development, and sales strategies that have resulted in the largest gain in market share for the past two to three years. For more information, visit http://www.frost.com.

About Citrix Systems, Inc.

Citrix Systems, Inc. (NASDAQ:CTXS) is a leading provider of virtual computing solutions that help people work and play from anywhere on any device. More than 230,000 enterprises rely on Citrix to create better ways for people, IT and business to work through virtual meetings, desktops and datacenters. Citrix virtualization, networking and cloud solutions deliver over 100 million corporate desktops and touch approximately 75 percent of Internet users each day. Citrix partners with over 10,000 companies in 100 countries. Annual revenue in 2010 was $1.87 billion. Learn more at www.citrix.com.

The Online Services Division of Citrix provides secure, easy-to-use cloud-based solutions that enable people to work from anywhere with anyone. Whether using GoToMeeting® to hold online meetings, GoToWebinar® to conduct larger web events, GoToTraining® to train customers or employees, GoToMyPC®to access and work on a remote Mac® or PC, GoToAssist® to support customers or GoToManage® for IT support and management, businesses and individuals are increasing productivity, decreasing travel costs and improving sales, training and service on a global basis. For more information, visit www.citrixonline.com.

Citrix®, GoToMeeting®, GoToWebinar®, GoToTraining® and HiDef Corporate® are trademarks of Citrix Systems, Inc. and/or one or more of its subsidiaries, and may be registered in the U.S. Patent and Trademark Office and in other countries. All other trademarks and registered trademarks are property of their respective owners.

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