Nutanix’s global growth metrics may not keep up with India: CEO
Nutanix, a prominent player in hybrid multicloud computing, foresees its growth in India surpassing its projected global metrics for Annual Recurring Revenue (ARR) and profitability, according to CEO Rajiv Ramaswami. Speaking at the company’s annual .NEXT conference, Ramaswami highlighted the substantial growth potential in India compared to the global projections set for the company by fiscal year 2027.
Ramaswami emphasized Nutanix’s commitment to innovation in India, noting that a significant portion of the company’s innovation stems from its operations in Bengaluru and Pune. With approximately 7,000 employees worldwide, Nutanix recognizes the pivotal role of its Indian workforce, particularly in driving technological advancements and product development.
India has emerged as one of Nutanix’s most successful markets, experiencing rapid growth in recent years. Ramaswami attributed this success to the company’s leadership in the hyper-converged infrastructure space, with an increasing number of customers adopting Nutanix solutions for modern applications and Kubernetes deployments.
Despite the early adoption of Kubernetes in India, Ramaswami noted that artificial intelligence (AI) adoption remains in its nascent stages among Indian customers. However, he highlighted India’s rich talent pool of software developers as a significant advantage, enabling companies to swiftly embark on digital transformation journeys.
Manosiz Bhattacharyya, Chief Technology Officer at Nutanix, emphasized the innovative prowess of Indian banks, showcasing them as global leaders in areas such as payments, data center infrastructure, and cloud-native technologies. Indian banks are driving innovation at a pace surpassing their counterparts in Europe and America, leveraging advanced technologies to stay ahead in the competitive landscape.
Aaron White, vice president and general manager of Asia Pacific & Japan Sales, reiterated Nutanix’s commitment to investing in India across multiple fronts, including engineering, product management, and go-to-market strategies. With India witnessing a digital revolution in payments and banking, Nutanix recognizes the importance of fostering a robust ecosystem to support these advancements and meet evolving customer demands.