Nutanix, a company specializing in hybrid multi-cloud computing, has announced a partnership with Dell Technologies to accelerate the digital transformation of their mutual customers. The collaboration will provide modernized infrastructure and application development support through new hybrid multi-cloud solutions. These solutions will integrate Dell’s server and storage capabilities with Nutanix software.
One of the main offerings of the partnership is an integrated hyperconverged appliance that combines Nutanix Cloud Platform with Dell PowerEdge servers to meet various application needs. Additionally, Nutanix Cloud Platform for Dell PowerFlex will be introduced, allowing businesses to scale compute and storage separately while utilizing Dell’s linearly scalable storage alongside Nutanix software.
The expanded partnership covers engineering, sales, and service support with the aim of giving Dell customers broader access to the simplicity of the Nutanix Cloud Platform. These solutions will be available globally through Dell sales teams and partners. Nutanix’s Chief Commercial Officer, Tarkan Maner, highlighted the benefits for joint customers, including increased flexibility, simplified operations, and greater resilience. Arthur Lewis, President of Dell Technologies Infrastructure Solutions Group, emphasized the commitment to offering customers the choice and flexibility required for a multi-cloud strategy.
The joint solutions are currently in development and are projected to be available in early access later this year. Nutanix, a trusted provider in hyperconverged infrastructure, continues to support organizations managing applications and data across multiple cloud environments.
In light of Nutanix’s recent partnership with Dell Technologies, it is important to consider the company’s financial health and market performance for potential investors and interested parties. Nutanix’s market capitalization remains strong at $17.63 billion, showcasing its significant presence in the industry. The company has experienced impressive revenue growth and maintains a substantial gross profit margin, indicating efficient management and a strong competitive advantage in the sector.
Nutanix’s stock performance has shown a notable return over the past year, reflecting investor confidence and market momentum. Analysts predict the company will be profitable this year, aligning with its future expectations in the partnership announcement. For investors seeking deeper analysis, InvestingPro offers additional information on the company’s liquidity position, debt level, and other financial metrics. InvestingPro also provides expert analysis and guidance for investment decisions.
As the partnership with Dell Technologies progresses and joint solutions are introduced to the market, monitoring these financial metrics and expert insights from InvestingPro could prove valuable for investors.
Article Source
https://www.investing.com/news/company-news/dell-and-nutanix-team-up-for-hybrid-multicloud-solutions-93CH-3450473
