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


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Nutanix : Delivers Advanced Data Management Platform for Hybrid and Multicloud Environments; Multi-Database Management Solution Era Enables IT to Deliver Database as a Service to Simplify Operations and Reduce Costs, at any Scale, in any Cloud

10/06/2020 | 10:15am EST

London, UK. - - Nutanix (NASDAQ: NTNX), a leader in hybrid and multicloud computing, today announced the release of the first cloud agnostic multi-database management solution. Era 2.0 extends the Nutanix database management solution across clouds and clusters to simplify operations, with increased scale and reduced costs for IT and database teams. Additionally, Nutanix announced expanded support for Postgres and SAP HANA as well as a joint solution, powered by Era 2.0, with HCL, a leading global technology company.

Era enables IT teams to deliver Database as a Service by bringing one-click simplicity and invisible operations to database provisioning and lifecycle management. It's a multi-database solution with support for Oracle, Microsoft SQL Server, MySQL, and MariaDB, in addition to Postgres and SAP HANA.

"Companies are increasingly looking for technology solutions to support their hybrid and multicloud strategies but, while some vendors deliver application mobility, we haven't seen a lot of innovation when it comes to multicloud database management," said Bala Kuchibhotla, SVP & General Manager, Nutanix Era, Databases and Business Critical Apps at Nutanix. "Nutanix Era now delivers on our vision to provide a cloud agnostic multi-database management solution to truly unlock the promise of hybrid and multicloud."

"At HCL, we help our customers to accelerate their data and infrastructure modernisation journey with a secure, scalable, and cloud-ready database as a service. Our industry acclaimed services powered by the Nutanix Era & HCI platform will provide enterprises with a world-class automated database platform," says Kalyan Kumar, Corporate Vice President and CTO, IT Services, HCL Technologies. "We have a long standing relationship with Nutanix, and, with SKALE DB, we will move forward to help our customers optimise their data resources and support their digital initiatives."

Era delivers simplified database management by combining the scalability and performance of Nutanix's HCI software with the flexibility of cloud-ready database services. With this announcement, the company delivers:

Simplified Database Management Across Distributed Clusters and Clouds

Nutanix Era 2.0 enables customers to provision and manage databases across multiple clouds with consistent tooling, standards, and security policies, giving them the flexibility to choose the right cloud for each database to increase agility and minimise cost. Era 2.0 also delivers operational simplicity across multiple distributed clusters and datacentres delivering significant scale and with 1-click provisioning, cloning, and patching. In addition to simplifying operation and minimising costs with seamless data mobility across clouds, Era 2.0 enables new use cases including: leveraging public cloud for capacity bursting, dev/test, capacity remediation, and optimising databases performance remotely.

Support for SAP HANA at Scale

Nutanix announced Era's capabilities are extended to one of the leading relational database engines, SAP HANA. With this, customers can enjoy 1-click management experience for their SAP HANA deployments. Nutanix was one of the first HCI platforms to be certified for SAP HANA scale-up and most recently scale-out, simplifying deployments for SAP business applications and SAP data warehousing solutions on SAP HANA.

24x7 Support of PostgreSQL on Nutanix

In addition, Nutanix announced extended 24/7 support for Postgres to enable customers' mission critical deployments. Unlike competitors, this includes an end-to-end support experience for the Postgres database engine in addition to the infrastructure platform and Era management services - all through the Nutanix team - resulting in more rapid time to resolution.

Fully Managed Database as a Service Solution with HCL Technologies

For customers seeking a fully managed solution, Nutanix partnered with leading global technology company HCL, to create a joint offering powered by Era 2.0. SKALE DB, a joint offering by HCL and Nutanix, enables enterprises to accelerate the data modernisation with a secure and scalable Database as a Service (DBaaS) offering.

"Securing, protecting and managing information throughout its lifecycle takes time and distracts our customers from driving real value from that information for their businesses," said Dom Poloniecki, General Manager, Sales, Western Europe and Sub-Saharan Africa at Nutanix. He continued: "Nutanix Era reduces the overhead of the administration of data and databases through automation, enabling our customers to build once and deploy anywhere across multiple clouds and datacentres, giving time and budget back so they can focus on innovating and driving business value from the stored information."

"With data sprawl where it is today, database management has gotten more complex than ever before. Organisations of all sizes are looking for solutions to simplify database operations, from initial deployment to ongoing management and maintenance," said Mike Leone, Senior Analyst, ESG. "Era 2.0 delivers a cloud agnostic solution that can simplify database operations and help customers unlock the much needed value of data mobility."

Era 2.0 and SKALE DB are currently available to customers. For more information on Era 2.0 or to take a Test Drive visit here.


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 multi-cloud environments. Learn more at www.nutanix.com or follow us on Twitter @nutanix.


(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

Stocks mentioned in the article
ChangeLast1st jan.
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Financials (USD)
Sales 2021 1 291 M - -
Net income 2021 -919 M - -
Net cash 2021 121 M - -
P/E ratio 2021 -7,26x
Yield 2021 -
Capitalization 6 718 M 6 718 M -
EV / Sales 2021 5,11x
EV / Sales 2022 4,87x
Nbr of Employees 6 160
Free-Float 93,0%
Duration : Period :
Nutanix, Inc. Technical Analysis Chart | NTNX | US67059N1081 | MarketScreener
Technical analysis trends NUTANIX, INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 33,38 $
Last Close Price 33,33 $
Spread / Highest target 35,0%
Spread / Average Target 0,14%
Spread / Lowest Target -40,0%
EPS Revisions
Managers and Directors
Rajiv Ramaswami President, Chief Executive Officer & Director
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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