Nutanix: Strong numbers before the seasonal sprint

Nutanix develops a software platform that allows companies to operate data centers, private clouds, and public cloud resources uniformly. Customers primarily pay for time-limited software subscriptions and support, resulting in a growing share of recurring revenue. Nutanix positions itself as an alternative to complex, hardware-bound infrastructures and benefits from the fact that companies want to distribute applications across multiple environments. Additional opportunities arise from the modernization of classic data centers, the transition from...