In the months following Broadcom’s 2023 acquisition of VMware, several analysts and surveys warned of a looming “mass exodus.”
The upheaval didn’t quite happen the way most predicted it would. But that doesn’t mean it’s not happening at all: A new CloudBolt survey says 86% of organizations are actively reducing their dependence on VMware, meaning they are looking to leave.
The main reason? Price.
The timing isn’t a coincidence. Susan Odle, the CEO of StorMagic — one of the places that many VMware customers are flocking to — said it’s more contractual than emotional.
“Broadcom forced 3-year renewals shortly after acquiring VMware, those terms are coming up for renewal again, at the same time as customers that renewed for 3-5 years before the acquisition are coming up for renewal,” said Odle.
Customers likely used the renewal window to assess possible alternatives, even test workloads, and make migration plans. Broadcom’s leadership will…