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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Nutanix, Inc.    NTNX

NUTANIX, INC.

(NTNX)
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Nutanix : BCS, The Chartered Institute for IT, Leaps with Confidence into Hybrid Cloud with Nutanix; BCS chooses Nutanix Enterprise Cloud Solution with native high availability using Nutanix Xi Leap Disaster Recovery as a Service

10/20/2020 | 09:46am EST

London, UK - -Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, has announced that BCS, The Chartered Institute for IT, is migrating its legacy IT infrastructure to the Nutanix Enterprise Cloud and integrated AHV hypervisor. Part of a planned relocation of its Swindon HQ, the UK charity is also using Xi Leap to provide secure backup and disaster recovery via the Nutanix cloud, eliminating the need to equip and manage a second DR installation.

BCS, the professional body for the IT industry, selected Nutanix as their preferred solution from several hybrid Cloud vendors in the market. This will enable the organisation to move forward with its digital transformation plans and, at the same time, replace end of life servers and storage networks with a single Nutanix cluster, saving valuable rack space while also reducing power and cooling costs.

During the migration, BCS plans to move 60+ virtual machines from VMware to the Nutanix AHV hypervisor plus complete the virtualisation of its remaining physical servers. This will deliver both scalability and savings in terms of hypervisor licensing, physical infrastructure and operational costs - but BCS' decision wasn't driven by financial benefits alone.

"Beyond performance, scalability and feature set, we were looking chiefly for simplicity," explains Dugal Williams, Network Engineer at BCS. "The Nutanix Enterprise Cloud plus AHV more than meets that requirement, helping enable us to manage our virtual and physical resources together from the one Prism console."

This quest for simplicity also led to BCS choosing Xi Leap, a cloud-hosted Disaster Recovery as a Service (DRaaS) solution built natively into the Nutanix software. Managed through the same Prism interface, Xi Leap eliminates the need to equip and manage a separate recovery site and costs considerably less than a comparable on-premise DR solution.

"We originally planned to look into DR options once the move to the new offices and infrastructure migration were over," commented Williams. "However, when we found we could do it so quickly and simply with Xi Leap, and without having to buy or run additional hardware. It quickly became a no-brainer and something we could also use to help with the migration itself."

Instant onboarding to the service was another deciding factor. As were end-to-end encryption, integrated orchestration for one-click failover and failback, and service level agreements to meet a 1-hour Recovery Point Objective (RPO*) and as little as a 3-minute Recovery Time Objective (RTO**). Xi Leap customers also benefit from support for partial failover for server maintenance and application testing, non-disruptive testing tools to help ensure business continuity and the ability to manage source and target sites as a single environment.

"Nutanix HCI software plus Xi Leap is an optimal combination for organisations like BCS, The Chartered Institute for IT," commented Dom Poloniecki, General Manager, Sales, Western Europe and Sub-Saharan Africa region. "BCS' deployment is a perfect example to organisations who want to guarantee the availability of their on-premise environments without having to invest in, or manage, a separate DR stack. A scalable, secure and technically advanced solution, Xi Leap is especially suited to those with limited resources, looking for a turnkey solution able to deliver not just a highly scalable hybrid cloud, but maximum uptime for minimal effort."

* Recovery Point Objective (RPO) - the ability to successfully recover from a snapshot taken within the time frame selected by the customer as a virtual machine in powered on state, during unplanned failover scenarios.

**Recovery Time Objective (RTO) - the ability to activate a Recovery Plan within the time frame specified in the Nutanix Service commitments, during a planned or unplanned failover scenario. Recovery plan activation time is measured from the time of receipt of an activation command (via UI or API) to the time when the VMs in the Recovery Plan have their virtual machines in a powered-on state on the Service.

About BCS, The Chartered Institute for IT

BCS, The Chartered Institute for IT, is the professional body for the IT industry. Our mission is to make IT good for society. We promote wider social and economic progress through the advancement of computer science and computing practice. We bring together industry, academics, practitioners and government to share knowledge, promote new thinking, inform the design of new education curricula, shape public policy and inform the public.

Our 60,000 strong membership includes practitioners, businesses, academics and students in the UK and internationally. We deliver a range of professional development tools for practitioners and employees. A leading IT qualification body, we offer a range of widely recognised qualifications. https://www.bcs.org/

About Nutanix

Nutanix is a global leader in cloud software and a pioneer in hyperconverged infrastructure solutions, making computing invisible anywhere. Organisations around the world use Nutanix software to leverage a single platform to manage any app at any location at any scale for their private, hybrid and multicloud environments. Learn more at www.nutanix.com or follow us on Twitter @nutanix.

© 2020 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo and all Nutanix product and service names mentioned herein are registered trademarks or trademarks of Nutanix, Inc. in the United States and other countries. All other brand names mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This release may contain links to external websites that are not part of Nutanix.com. Nutanix does not control these sites and disclaims all responsibility for the content or accuracy of any external site. Our decision to link to an external site should not be considered an endorsement of any content on such a site. This release may contain express and implied forward-looking statements, which are not historical facts and are instead based on our current expectations, estimates and beliefs. The accuracy of such statements involves risks and uncertainties and depends upon future events, including those that may be beyond our control, and actual results may differ materially and adversely from those anticipated or implied by such statements. Any forward-looking statements included herein speak only as of the date hereof and, except as required by law, we assume no obligation to update or otherwise revise any of such forward-looking statements to reflect subsequent events or circumstances.

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(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2021 1 292 M - -
Net income 2021 -919 M - -
Net cash 2021 120 M - -
P/E ratio 2021 -6,05x
Yield 2021 -
Capitalization 5 729 M 5 729 M -
EV / Sales 2021 4,34x
EV / Sales 2022 4,19x
Nbr of Employees 6 170
Free-Float 88,3%
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Nutanix, Inc. Technical Analysis Chart | NTNX | US67059N1081 | MarketScreener
Technical analysis trends NUTANIX, INC.
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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 32,73 $
Last Close Price 27,80 $
Spread / Highest target 61,9%
Spread / Average Target 17,7%
Spread / Lowest Target -28,1%
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Managers
NameTitle
Dheeraj Pandey Chairman & Chief Executive Officer
David Sangster Chief Operating Officer
Duston M. Williams Chief Financial Officer
Rajiv Mirani Chief Technology Officer-Cloud Platforms
Wendy M. Pfeiffer Chief Information Officer
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