Nutanix Announces iValue Group As Its Value-added National Distributor in India, Reinforcing Its Commitment To The Channel In the Country

– Strategic partnership introduces cutting-edge hybrid multicloud solutions to iValue's network of channel partners, accelerating digital transformation for enterprise clients –

Bengaluru/Mumbai – Feb 27, 2024 - Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced the appointment of iValue Infosolutions Private Limited, a leading provider of integrated IT solutions and services across the Asia-Pacific region, as an official value-added distributor for the Indian market.

The partnership is a significant achievement for both entities as it combines Nutanix's leading hybrid multicloud solution with iValue's extensive range of enterprise applications and expertise in solution services delivery. It will help enable enterprises to expedite their digital transformation journeys and achieve optimal outcomes in their cloud environments.

According to Mordor Intelligence, the hybrid cloud market size is estimated at $129.43 billion in 2023, and it is expected to reach $348.53 billion by 2028, growing at a CAGR of 21.91% during the forecast period. The fifth annual Nutanix Enterprise Cloud Index report found that the hybrid multicloud usage in India stands at 12% presently and is expected to increase five-fold (to 63%) by 2026.

This increase in adoption is expected to be driven by increased infrastructure diversity, along with a heightened emphasis on data storage, management, security, and services, the report stated. This growth reflects the potential that hybrid cloud solutions offer to channel partners as they can help their enterprise customers to efficiently scale computing resources, helping avoid substantial capital investments for managing temporary demand surges while helping to safeguard sensitive data or applications by freeing up local resources.

Benefiting from the flexibility of hybrid cloud computing, organisations can also dynamically adjust on-premise infrastructure to the public cloud to manage fluctuations in computing demand, addressing initial concerns about data security and reassuring end-users.

"We are delighted to welcome iValue Infosolutions into our esteemed distribution ecosystem. The alignment of iValue's top-notch IT solutions and services perfectly complements Nutanix's mission to help organizations run their applications in the environment that makes the most sense. We have high expectations for this partnership and believe that iValue's expertise will be invaluable in expanding our footprint," said Harsh Vaishnav, head – Channels at Nutanix India and SAARC.

Shrikant Shitole, CEO of iValue Infosolutions, observed that the preferred strategy for modernizing IT infrastructure involves transitioning from legacy systems to cutting-edge cloud-based solutions. He highlighted increased adoption of AI technologies, containerized applications, edge computing, serverless computing, and Kubernetes technologies as part of this trend.

"Our partnership with Nutanix aligns with our commitment to deliver exceptional digital solutions to our associates, enabling them to offer unparalleled digital experiences to their clients. By integrating Nutanix's cloud solutions into our portfolio, our channel partners will be well-positioned to reshape the digital landscape in India, ensuring unmatched cost efficiency and performance for their customer base,” Shitole said.

Nutanix provides organizations with a unified platform for running applications and data on-premise, in public clouds and at the edge through its portfolio which includes Nutanix Cloud Infrastructure, Cloud Manager for hybrid cloud, database management services, unified storage for volumes, files, objects, and end user computing solutions for virtual applications and desktops. Its cloud software solutions enable businesses to streamline operations, reduce complexity, and concentrate on achieving their desired outcomes.

About Nutanix:

Nutanix is a global leader in cloud software, offering organizations a single platform for running apps and data across clouds. With Nutanix, companies can reduce complexity and simplify operations, freeing them to focus on their business outcomes. Building on its legacy as the pioneer of hyperconverged infrastructure, Nutanix is trusted by companies worldwide to power hybrid multicloud environments consistently, simply, and cost-effectively. Learn more at www.nutanix.com or follow us on social media @nutanix.

About iValue Group:

iValue Group is the FASTEST growing, leading-edge technology enabler with purpose-built solution stacks & related services for securing & managing Digital Applications and Data for Enterprises, across hybrid multi-cloud. iValue’s offerings address every need in Application Lifecycle Digital transformation – from code to cloud, covering Performance, Availability, Security and Scalability.

iValue Group has significant presence across India, SAARC and Southeast Asia, with local teams covering business and technical needs of partners to address their customer needs across the regions. To know more, visit www.iValueGroup.com or follow iValue on LinkedIn?@ https://www.linkedin.com/company/ivalue-infosolutions-pvt-ltd

Nutanix, Inc. All rights reserved. Nutanix, the Nutanix logo and all Nutanix product and service names mentioned herein are registered trademarks or trademarks of Nutanix, Inc. in the United States and other countries. All other brand names mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). Certain information contained in this presentation 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 paper, they have not independently verified unless specifically stated, 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 Nutanix’s 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 Nutanix’s 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, Nutanix assumes no obligation to update or otherwise revise any of such forward-looking statements to reflect subsequent events or circumstances.