Nutanix, a company specializing in hybrid multi-cloud computing, has partnered with Dell Technologies to accelerate digital transformation for their mutual customers. The collaboration aims to provide modernized infrastructure and application development support by integrating Dell’s server and storage capabilities with Nutanix software.
The partnership will introduce new hybrid multi-cloud solutions, including an integrated hyperconverged appliance that combines Nutanix Cloud Platform with Dell PowerEdge servers. Additionally, Nutanix Cloud Platform for Dell PowerFlex will allow businesses to scale compute and storage separately while utilizing Dell’s scalable storage alongside Nutanix software.
This expanded partnership covers engineering, sales, and service support, with a focus on offering Dell customers broader access to the simplicity of the Nutanix Cloud Platform. The joint solutions are expected to be sold globally by Dell sales teams and partners in the near future.
Tarkan Maner, the chief commercial officer at Nutanix, highlighted the benefits for joint customers, such as greater flexibility, simplified operations, and increased resilience. Arthur Lewis, the president of Dell Technologies Infrastructure Solutions Group, emphasized the commitment to providing customers with the choice and flexibility needed for a multi-cloud strategy.
The joint solutions are currently in development and are set to be available in early access later this year. Nutanix, known for pioneering hyperconverged infrastructure, continues to be a trusted provider for organizations managing applications and data across multiple cloud environments.
In terms of financial performance, Nutanix’s market capitalization stands at $17.63 billion, showcasing its strong presence in the industry. The company has experienced impressive revenue growth and maintains a substantial gross profit margin, indicating efficient management and a competitive edge in its sector.
Nutanix’s stock performance has been notable, with a return of 181.65% over the past year, reflecting investor confidence. Analysts predict that the company will be profitable this year, aligning with its future expectations in the recent partnership announcement.
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As the partnership with Dell Technologies progresses and joint solutions enter the market, monitoring these financial metrics and expert analysis from InvestingPro could provide valuable guidance for investment decisions.
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