Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

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

NUTANIX, INC.

(NTNX)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Nutanix : Highland Bank Implements Nutanix Technology to Adapt to the COVID-19 Pandemic

10/16/2020 | 09:23am EST

Nutanix Solutions Improve Infrastructure Reliability and Business Continuity.

Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, announced today that Highland Bank, a privately-held, business focused bank implemented Nutanix hyperconverged infrastructure (HCI) to enable employees to work from anywhere in response to the COVID-19 pandemic, as well as increase the flexibility and reliability of their infrastructure.

As a trusted advisor, Highland Bank assists their customers in a variety of ways, whether it is sharing their expertise in business lending, government-backed loan solutions, real estate lending or commercial/industrial loans. In order to deliver the best service possible, they rely heavily on their infrastructure to deliver a seamless and easy banking experience.

When the COVID-19 pandemic struck, business conditions underwent a dramatic shift. With Nutanix already installed as part of their VDI (Virtual Desktop Infrastructure) environment, Highland Bank was fully prepared to support a highly remote workforce. Nutanix has not only enabled employees to work from home but has also helped to increase the speed and responsiveness, improving not only the IT teams experience but the end-users as well.

'We had done such a good job in investment that we had the flexibility to enable our employees to work anywhere, and the entire process was seamless for us,' said Craig Boivin, Chief Technology Officer, Highland Bank. 'When we moved more than half our employees to work from home and converted to drive-through service, we had all the components in place. We didn't need to scramble at all, and the Nutanix solution gives us the ability to run on any device.'

Prior to Nutanix, Highland Bank had an outdated IT infrastructure that was unreliable and inflexible. In addition, they were also running out of resources within their environment. Instead of investing in a short term solution like adding more random access memory (RAM), they decided to refresh their entire IT infrastructure.

After implementing Nutanix, Highland Bank is now able to access the banking and productivity resources they need from any device. With Nutanix, they are now able to condense everything into a single hyperconverged infrastructure to support all their technologies and manage it all from one console. This consolidated management allows their small IT team to do more with fewer resources.

'With Nutanix in place, Highland Bank is now able to focus on improving the experience of their end-user instead of worrying about processes and management that took up much of the IT team's time,' Nikola Bozinovic, VP & GM, Desktop Services at Nutanix. 'Nutanix allowed Highland Bank to quickly adapt to the changing needs during this unprecedented time. It is crucial that businesses are still able to provide their customers with the help and services they need, and with Nutanix Highland Bank is able to continuously deliver these services.'

Highland Bank is continuing to evaluate new ways Nutanix can improve the performance and reliability of their infrastructure.

About Nutanix

Nutanix is a global leader in cloud software and a pioneer in hyperconverged infrastructure solutions, making computing invisible anywhere. Organizations 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.

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.

Nutanix

Lia Bigano

(408) 708-1003

Extension - 12636

lia.bigano@nutanix.com

(C) 2020 Electronic News Publishing, source ENP Newswire

All news about NUTANIX, INC.
03:27pNUTANIX : Q1 FY 2021 Investor Presentation
PU
11/24NUTANIX : Total Selects Nutanix to Power Digital Transformation; Leading Global ..
AQ
11/24NUTANIX : Total Selects Nutanix to Power Digital Transformation
BU
11/24NUTANIX : Total Selects Nutanix to Power Digital Transformation
PU
11/23NUTANIX : Q1 FY 2021 Highlights
PU
11/23NUTANIX : Q1 FY 2021 Earnings Presentation
PU
11/23NUTANIX : Fiscal 1Q Earnings Snapshot
AQ
11/23NUTANIX : Fiscal 1Q Earnings Snapshot
AQ
11/23NUTANIX, INC. : Results of Operations and Financial Condition, Financial Stateme..
AQ
11/23NUTANIX : Reports First Quarter Fiscal 2021 Financial Results
BU
More news
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%
Chart NUTANIX, INC.
Duration : Period :
Nutanix, Inc. Technical Analysis Chart | NTNX | US67059N1081 | MarketScreener
Technical analysis trends NUTANIX, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
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%
EPS Revisions
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
Sector and Competitors
1st jan.Capitalization (M$)
NUTANIX, INC.-11.07%5 729
SALESFORCE.COM, INC.48.40%219 629
CLOUDFLARE, INC.323.74%22 215
DYNATRACE, INC.52.13%10 858
ANAPLAN, INC.31.18%9 608
SINCH AB (PUBL)296.51%8 022