Nutanix is Named a Visionary in the 2022 Gartner® Magic Quadrant™ for Distributed File Systems and Objects Storage for the Second Year

Rhea-AI Summary

Nutanix (NASDAQ: NTNX) has been recognized as a Visionary in the Gartner Magic Quadrant for Distributed File Systems and Object Storage for the second consecutive year. This acknowledgment reflects Nutanix's robust product vision designed to meet enterprises' needs for secure, simplified data management. The company's Unified Storage solution consolidates various storage types, attracting sectors like public services and healthcare. Furthermore, Nutanix is enhancing its offerings with ransomware protection features, contributing to a stronger security posture in hybrid multicloud environments.

Positive

• Recognized as a Visionary in the Gartner Magic Quadrant for the second consecutive year.
• Strong product vision catering to enterprise demand for simple and secure data management.
• Growing traction of Unified Storage among public sector, healthcare, and financial services customers.
• Added ransomware protection features to Nutanix Files and Data Lens, enhancing security measures.

Negative

• None.

Nutanix Recognized Based on its Ability to Execute and Completeness of Vision

SAN JOSE, Calif.--(BUSINESS WIRE)-- Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, announced today it has been named as a Visionary in the Gartner October 2022 Magic Quadrant for Distributed File Systems and Objects Storage. This marks the second consecutive year the company has been recognized in this report. Nutanix believes this recognition can be attributed to its strong product vision aimed at addressing enterprises' demand for more simple and secure ways to manage and natively protect their data.

“New applications are the lifeblood of competitive advantage and customers simply don’t have time to plan, manage, and secure separate block, file and object platforms,” said Lee Caswell, SVP Marketing, at Nutanix. “We believe this recognition by Gartner exactly captures how our consistent operating model for files and objects challenges storage norms and captures the imagination of new high-capacity storage users who may or may not use our well-known hyperconverged infrastructure (HCI) solutions.”

Nutanix Unified Storage provides unified management for Nutanix Files, Nutanix Objects, and Nutanix Volumes, along with Nutanix Data Lens, a data security and analytics solution that helps users detect, respond, and recover from ransomware and other cyber-attacks. Nutanix Unified Storage brings software-defined, server-based value to large-capacity file, object and block use cases that would typically require proprietary NAS and SAN systems. Unified Storage is finding particular traction with public sector, healthcare and financial services customers by eliminating siloed storage systems, allowing storage admins to focus more on application services and less on infrastructure.

Nutanix continues to strengthen its Unified Storage offering, most recently adding new ransomware protection features to Nutanix Files and Nutanix Data Lens to further help businesses protect against ransomware attacks. This builds onto the Nutanix Cloud Platform’s native platform hardening, security auditing and reporting, and protection from network threats, all key elements of implementing a Zero Trust approach to security.

More information on Nutanix and a complimentary copy of the report are available at: https://www.nutanix.com/go/2022-gartner-mq-files

Source:

Gartner, Magic Quadrant for Distributed File Systems and Object Storage, Julia Palmer, Chandra Mukhyla, Jeff Vogel, October 19, 2022.

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About Nutanix

Nutanix is a global leader in cloud software and a pioneer in hyperconverged infrastructure solutions, making clouds invisible, freeing customers to focus on their business outcomes. Organizations around the world use Nutanix software to leverage a single platform to manage any app at any location for their hybrid multicloud environments. Learn more at www.nutanix.com or follow us on social media @nutanix.

© 2022 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo, and all Nutanix product and service names mentioned herein are registered trademarks or unregistered trademarks of Nutanix, Inc. in the United States and other countries. Other brand names or marks 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. Certain information contained in this press release may relate to or be based on studies, publications, surveys and other data obtained from third-party sources and our own internal estimates and research. While we believe these third-party studies, publications, surveys and other data are reliable as of the date of this press release, they have not independently verified, and we make no representation as to the adequacy, fairness, accuracy, or completeness of any information obtained from third-party sources.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221028005016/en/

Lia Bigano

pr@nutanix.com

Source: Nutanix, Inc.

FAQ

What is Nutanix's recognition in the Gartner Magic Quadrant?

Nutanix has been named a Visionary in the Gartner Magic Quadrant for Distributed File Systems and Object Storage for the second consecutive year.

How does Nutanix's Unified Storage benefit enterprises?

Nutanix's Unified Storage offers a simplified approach to managing different storage types, which is particularly beneficial for sectors like healthcare and public services.

What enhancements has Nutanix made to its storage offerings?

Nutanix has recently added ransomware protection features to its storage solutions to bolster security against cyber threats.

When was the Gartner Magic Quadrant report released?

The Gartner Magic Quadrant report was published in October 2022.

What stock symbol is associated with Nutanix?

Nutanix is traded under the stock symbol NTNX.