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Will Nutanix see benefits from investments in cloud and AI in 2024?

Will Nutanix see benefits from investments in cloud and AI in 2024?
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In 2024, Nutanix is poised for growth as they anticipate an increase in customers, particularly those moving away from VMware. With a focus on cloud and AI solutions, Nutanix aims to attract businesses looking to utilize hybrid multicloud environments for their applications. The company believes that the surge in IT spending, predicted to reach $5.1 trillion in 2024, will drive the demand for cloud and AI services.

Aaron White, VP and GM of sales at Nutanix APJ, sees a big opportunity in AI for enterprises of all sizes, not just those using large scale models like ChatGPT. As organizations increasingly adopt modern applications and distribute their workloads across multiple clouds, Nutanix positions itself as the best platform to manage apps and data on both public and private clouds.

The recent acquisition of VMware by Broadcom has led to uncertainty among customers, potentially driving them towards Nutanix. This shift in the market dynamic could work in Nutanix’s favor as they capitalize on providing alternative options for customers looking to move away from VMware’s subscription model.

In light of the evolving technological landscape, White emphasizes the importance of trust and skills in the industry. With the growing threat of cyber attacks like ransomware, organizations need to prioritize building resilience against such threats to maintain customer trust. Additionally, the shortage of skilled professionals in the Asia Pacific region poses a challenge for tech companies, highlighting the need for upskilling and reskilling programs to meet the demand for cloud and AI talent.

As hybrid multicloud solutions become the preferred choice for enterprises in 2024, Nutanix is positioned to capitalize on this trend. By offering a platform that combines the benefits of public and private clouds, Nutanix aims to help businesses achieve a balance between performance, security, and cost. White envisions a transformative year ahead, focused on innovation, resilience, and sustainability, with the right technology partner, skills, and talent playing a crucial role in driving technological advancements.

Article Source
https://techwireasia.com/2023/12/why-does-nutanix-think-cloud-and-ai-could-make-2024-its-best-year/

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