Nutanix India records a growth of whooping 68% during pandemic

Last updated on March 25th, 2021 at 09:29 am

Nutanix Inc is an American cloud computing company that deals in hyper-converged infrastructure software, cloud services and software defined storage. Now as India is adapting to faster digital and cloud computing, Nutanix India has registered a growth of 68% in pandemic year 2020. The firm also registered a global growth of 14%.

Faiz Shakir, Director and Country head – Enterprise and Commercial Business – India and SAARC, Nutanix said, “India is driving global growth for Nutanix and is leading in significant adoption in large verticals like banking and IT.” 

Mr. Shakir pointed out that the witnessed growth is attributed to gain in new customers, and also repeat businesses from old customers. He further projected that similar growth is anticipated due to huge demand in India for hybrid cloud solutions. Pandemic has delivered faster growth than normal as huge consumption demand for IT was noted in the country. 

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Year 2020 also brought in an increase of 25% in new customers and partners for Nutanix. 

Shakir said, “Cloud repatriation, or shifting business from the public to private cloud, will be a big opportunity going forward. This is a huge untapped market and will be driven largely by start-ups and digital-first firms as they move from public to private cloud.”

One of the customer company recorded a decrease of 35% in expenses six months after it made the shift. Shakir pointed out that he projects more companies to make the shift as this model is more “commercially viable”. 

IDC, market intelligence firm said that Nutanix had 58.9% market share in market of hyperconverged systems in India in the month of December. This marked company holding its top spot in segment in India for straight 11 quarters. 

The company was founded in the year 2009 in Delaware, United States of America by Dheeraj Pandey, Ajeet Singh and Mohit Aron.