Nutanix, Inc. (NASDAQ: NTNX), a leader in enterprise cloud computing, today announced it has been named as a leader in The Forrester Wave: Hyperconverged Infrastructure, Q3 2018, published by Forrester Research, Inc. The report evaluated 11 vendors on Strategy, Market Presence and Current Offering, and Nutanix was positioned as a leader. Nutanix believes that these results, combined with its history of high rankings in analyst research, further solidifies its place as a continued market leader across enterprise cloud and hyperconverged infrastructure.
We believe our position as a leader is a result of our strong product offering and commitment to providing our customers with the freedom they need to build their infrastructure and choose their cloud provider on their terms, said Dheeraj Pandey, Chairman, Founder and CEO of Nutanix. We couldnt agree more with the Forrester report, which states that ˜hyperconvergence has evolved rapidly to reach the mainstream. Flexible, integrated compute and storage infrastructure is central to a firms ability to do business in a marketplace with changing customer expectations. We are seeing enterprises of all industries embracing our solution, and we are proud to be a leader. Well continue to be hyper-focused on our customers, to enable their success and support their missions.
The Forrester report shows that Nutanix has maintained its position atop the HCI market with its innovation, R&D investment, strong sales momentum, partnerships, and acquisition of new customers from all segments and geographies. Acquiring technology vendors like Calm, Minjar and Netsil earlier this year has enabled the company to attract new buyers.
In September, Nutanix announced its largest deal in company history. In August, Nutanix announced its Enterprise Cloud OS Hyperconvergence-based solution was certified for SAP HANA, and closed the acquisition of Frame.
The report further states, [Nutanix] switched from solely offering an appliance to a solution with a software-only stack for certified hardware platforms, a strategy that has delivered results ¦ . Nutanix has a clear, impressive road map for its product lines.
Announcing its fourth quarter financial results in August, the company proved its strategy is working, driving 66 percent year-over-year growth software and support billings in Q4, a 49 percent year-over-year increase in Q4 software and support revenue, and achieving 78 percent non-GAAP gross margin in Q4. Nutanixs fourth quarter and fiscal 2018 financial results can be viewed here.
For a complimentary copy of the Forrester Wave for Hyperconverged Infrastructure, please visit: https://www.nutanix.com/go/forrester-wave-2018.php.
Nutanix is a global leader in cloud software and hyperconverged infrastructure solutions, making infrastructure invisible so that IT can focus on the applications and services that power their business. Companies around the world use Nutanix Enterprise Cloud OS software to bring one-click application management and mobility across public, private and distributed edge clouds so they can run any application at any scale with a dramatically lower total cost of ownership. The result is organizations that can rapidly deliver a high-performance IT environment on demand, giving application owners a true cloud-like experience. Learn more at www.nutanix.com or follow us on Twitter @nutanix.
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