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    NTNX   US67059N1081

NUTANIX, INC.

(NTNX)
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The Bar of Ireland Selects Nutanix to Build Multicloud Environment

06/30/2021 | 09:00am EDT

Nutanix announced that The Bar of Ireland selected Nutanix to build a multicloud environment that could meet increasing demands related to application performance, scalability, and agility, while also addressing the strict budgetary constraints of a non-profit organization. Faced with needing to either upgrade or replace its end-of-life legacy infrastructure, The Bar of Ireland researched a number of options, including migration to public cloud. As a non-profit organization fully funded by the lawyers it serves, the solution would have to deliver cloud benefits ? such as performance, on-demand scalability, and agility ? while also being cost effective and allowing for predictable budgeting. The Nutanix cloud platform delivers an easy-to-manage multicloud architecture to help the organization scale and adapt to its constituents needs. In addition to the ability to seamlessly and securely migrate workloads between on-premises and public clouds, other benefits include reduced datacenter footprint, lower power and cooling overheads, as well as far less support time required to keep the infrastructure working as it should. Another clear benefit of Nutanix is the unified management console that significantly streamlines IT management and operations as well as the hypervisor included as part of the cloud platform at no additional cost. The organization is not only saving on licensing costs but can manage physical and virtual resources from the same console and get support from a single vendor — no matter what the issue is. The Bar of Ireland is eager to take full advantage of what their multicloud environment has to offer and in the future will take advantage of the latest cloud native technologies from Nutanix as they continue in their digital transformation journey.


ę S&P Capital IQ 2021
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Analyst Recommendations on NUTANIX, INC.
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Financials (USD)
Sales 2021 1 370 M - -
Net income 2021 -820 M - -
Net cash 2021 189 M - -
P/E ratio 2021 -10,2x
Yield 2021 -
Capitalization 8 712 M 8 712 M -
EV / Sales 2021 6,22x
EV / Sales 2022 5,41x
Nbr of Employees 6 170
Free-Float 96,3%
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Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 41,18 $
Average target price 48,14 $
Spread / Average Target 16,9%
EPS Revisions
Managers and Directors
Rajiv Ramaswami President, Chief Executive Officer & Director
Duston M. Williams Chief Financial Officer
Virginia Gambale Chairman
Rajiv Mirani Chief Technology Officer-Cloud Platforms
Wendy M. Pfeiffer Chief Information Officer
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