Nutanix, a leader in hybrid multi-cloud computing, and EnterpriseDB (EDB), known for PostgreSQL acceleration in enterprises, have expanded their partnership to support PostgreSQL for transactional, analytical, and artificial intelligence workloads. This collaboration aims to combine Nutanix’s automation features with EDB’s high performance and security to facilitate the adoption of PostgreSQL in on-premises data centers and public clouds.
The partnership focuses on integrating EDB capabilities with Nutanix infrastructure to provide a comprehensive solution for enterprise database management. This will offer customers a reliable PostgreSQL environment known for its extensibility, performance, and security features. The goal is to increase developer productivity using PostgreSQL and support enterprise applications in demanding environments.
The benefits for joint Nutanix and EDB customers include simplified database provisioning, management, and migration processes, as well as multi-cloud infrastructure support. The integration of EDB performance features with Nutanix infrastructure is expected to improve database operations and shorten application time-to-market.
The EDB on Nutanix Database Service is now available, providing end-to-end customer support and improved performance and reliability for PostgreSQL. This move aligns with the trend toward open source solutions in the business world to enhance agility and innovation.
The strategic partnership between Nutanix and EDB reflects their commitment to addressing the complex data management needs of modern enterprises. This collaboration is poised to enhance PostgreSQL capabilities, leading to greater customer satisfaction and potentially driving further growth for Nutanix.
In terms of financial insights, Nutanix has a strong market capitalization of $17.63 billion and a gross profit margin of 83.85%. Analysts are optimistic about the company’s future, with potential revenue growth and market expansion opportunities arising from the partnership with EDB. Nutanix stock has shown strong performance, indicating investor enthusiasm related to its strategic moves and market positioning.
InvestingPro offers valuable advice for those interested in Nutanix’s financial health, with insights into liquidity, debt levels, and profitability projections. Interested individuals can explore these tips and make informed decisions by visiting InvestingPro’s website and using the coupon code “FORECASTS24” for a discount on a Pro subscription.
Overall, the collaboration between Nutanix and EDB is set to enhance PostgreSQL capabilities and drive growth for Nutanix. The financial insights provided by InvestingPro complement the strategic narrative of the partnership, offering a comprehensive view of the company’s performance and potential prospects.
Article Source
https://www.investing.com/news/company-news/nutanix-and-edb-enhance-postgresql-for-enterprise-apps-93CH-3450549
