Business Cloud News

Geir RamlethVirtualisation incumbent Citrix announced the company has appointed Geir Ramleth to the role of senior vice president and chief strategy officer.

Ramleth, who recently helped found an Internet of Things communications management platform provider, Octoblu, spent the better part of the last decade at Bechtel, a large engineering, construction procurement and project management firm, where he most recently served as chief information officer.

Ramleth managed the company’s information systems and technology organisation, and led a global cloud services rollout at the firm.

Before that he headed up Genuity, a Bechtel company set up to deliver internet and data services until it was acquired by GTE.

He also served as director of Oracle’s application consulting practice, and took on a number of management positions at PageMart Wireless and PacTel Personal Communications.

“The company’s products have a powerful potential to enable mobility transformation at a time when consumerisation, information security and infrastructure flexibility are of premier business value,” Ramleth said. “I’m looking forward to helping Citrix customers understand and fully benefit from the company’s software-defined workplace vision.”

The appointment comes as Citrix moves to rebalance its business amidst flat or declining revenues. Net income for the third quarter of fiscal year 2014 was $48m, compared to $77m in Q3 2013. Part of that result is owed to the company’s shift to cloud, and how revenue is reflected within that shift. Product and license revenue was down 4 per cent while software as a service revenue was up 12 per cent.

UPDATE: Octoblu’s spokespeople have just confirmed that as part of Ramleth’s hire Citrix has also acquired Octoblu for an undisclosed sum.