Citrix will rely on cloud, collaboration and desktop virtualisation to push revenues over the $2bn mark in 2011, the vendor has revealed.
According to the virtualisation specialist's full-year financial results, Citrix's revenues were up 16 per cent on 2009 and peaked at $1.87bn.
The firm saw double-digit revenue growth in product licensing (15 per cent), online services (17 per cent) and technical support (31 per cent) during 2010.
The Pacific region emerged as the frontrunner for revenue growth at 31 per cent, followed by the Americas with 20 per cent and EMEA at eight per cent.
Mark Templeton, chief executive of Citrix, pinpointed desktop virtualisation and application networking as key drivers of growth in 2010.
"In 2010, we achieved stronge market leadership positions in desktop virtualisation, web collaboration and app networking," he said.
"Citrix gained significant strategic visibility in the IT executive suite and we deliver solid operating leverage in our financial model."
The vendor plans to follow up its 2010 performance by achieving revenues of between $2.10bn and $2.14bn this year.
"We will focus in 2011 on our unique market opportunity by broadening the reach of web collaboration, by enabling public and private clouds and driving the mainstream adoption of desktop virtualisation," added Templeton.
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