Cisco and Nutanix form strategic relationship, combining Nutanix Cloud Platform with UCS. Nutanix integrates Cloud Platform with Cisco ACI. Cisco also stops HyperFlex.
This is a guest post for the Computer Weekly Developer Network written by James Sturrock in his role as director of systems engineering at Nutanix. Sturrock writes in full as follows… In the modern .
Enterprise cloud computing player Nutanix (Nasdaq: NTNX) recently announced its fiscal year results that outpaced market expectations. The company's strong performance and guidance helped drive the stock 15% higher in the after-hours trading session. Nutanix's Financials For the fourth quarter of the year, revenues grew 28% to $494.2 million, ahead of the market's forecast by 3.91%. ACV billings grew 44% to $278.7 million, ahead of the consensus and guidance by 17 points, making it the highest beat versus guide since the company started guiding on this metric. EPS was $0.24, compared with the Street's forecast of $0.15. By segment, Nutanix's subscription revenues grew 31% to $459.5 million while revenues from non-portable software fell 9% to $10.38 million. Revenues from hardware grew 3% to $351 million and professional software revenue grew 4% to $24.02 million. For the fiscal year, Nutanix reported revenues of $1.86 billion, up 18%. It ended the year with ear
Cisco and Nutanix Forge Global Strategic Partnership to Simplify Hybrid Multicloud and Fuel Business Transformation menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Cisco, the leader in enterprise networking and security, and Nutanix, Inc., a leader in hybrid multicloud computing, today announced a global strategic partnership to accelerate hybrid multicloud deployments by offering the industry’s most complete hyperconverged solution for IT modernization and business transformation.