An oversaturated cloud computing market has pushed many information technology organizations to differentiate their enterprise utility through strategic partnerships and the adoption of new support tools. With a strong base in hyperconverged infrastructure appliances and influential partners like Dell Technologies Inc., Lenovo Group Ltd, and most recently Google Inc., Nutanix Inc. is rapidly surpassing expectations for annual revenue. And its latest product developments optimizing cloud application management seek to continue that growth pace. As the need for hyperconverged and cloud services continues to grow, how will Nutanix fare amid increasing competition?

Looking to answer these and other questions, SiliconANGLE is at Nutanix .NEXT US, currently underway in New Orleans, Louisiana, with exclusive commentary and interviews from our roving news desk, theCUBE, from Wednesday, May 9, to Thursday, May 10. (* Disclosure below.)

Challenging new information technology requirements around initiatives in cloud, edge computing, artificial intelligence and machine learning are creating an increasing demand for more efficient implementation and deployment processes in the enterprise. With its promises of cost reduction, security and improved scalability in virtualization, the hyperconverged infrastructure market is expanding at a compound annual growth rate of 48 percent and expected to reach $17026.74 million by 2023.

A fierce competitor in the global HCI market, Nutanix has seen significant growth of its own. The company beat forecasts for its second fiscal quarter, reporting $286.7 million in revenue and 44 percent year-over-year growth. Nutanix cited 57 new deals worth over $1 million in its latest earnings report, bringing it to a total of 57 customers with more than $5 million in lifetime bookings and 15 with more than $15 million in lifetime billings.

Nutanix’s pivot to a software focused business model is likely the force behind its recent growth. Stu Miniman (@stu), an analyst with Wikibon (owned by the same company as SiliconANGLE), predicts the shift will continue to serve the company well as competition grows from providers like Dell EMC. “Nutanix for the past two years has positioned [itself] for enterprise environments, partnering with Google and maturing tailored solutions. They’ve been making the switch to become a software-only company …  [to] become more valuable to the market and Wall Street,” he said.

These software-centric transformations have come in the form of new partnerships, releases and product adoptions from Nutanix. The company recently partnered with Cyxtera Technologies Inc. for on-demand HCI via its new software-powered data center architecture. Comtrade Software Inc., now rebranded as HYCU Inc. (Hyperconverged Uptime), announced new features to support Nutanix Acropolis File Services and enable data protection across both Nutanix and non-Nutanix environments in late March 2018. Earlier that month Nutanix bid to acquire Netsil Inc., a comprehensive monitoring and visualization platform for cloud applications that simplifies network management. At the onset of 2018, the company released its AOS 5.5 update, bringing 50 new hybrid cloud optimization features to customers. These additions to its enterprise cloud platform aim to provide relief from the time-consuming, labor-intensive, repetitive work that has so far characterized application lifecycle management.

In addition to positioning for enterprise environments, Nutanix has also nurtured a growing federal cloud market. The company announced record adoption of its AHV hypervisor with federal entities in 2017, and an addition of 20 new federal customers with investments of more than $1 million each. With estimations of U.S. federal cloud spend doubling over the next four years to meet increasing pressures to modernize and reduce cost inefficiencies, Nutanix appears well positioned to fulfill the needs within this growing market.

Regardless of industry, Nutanix’s mission is to simplify processes in the hybrid cloud. How it plans to achieve this end and innovate in the cloud space will be explored at Nutanix .NEXT US.

Speakers at Nutanix .NEXT US include Anthony Bourdain, American chef, author, TV personality, and food critic; Dr. Brené Brown, research professor at the University of Houston; Sunil Potti, chief product and development officer of Nutanix; Dheeraj Pandey, founder and chief executive officer of  Nutanix; John Willis, vice president of DevOps and digital practices at SJ Technologies Inc.; and Sarah Robb O’Hagan, chief executive officer of Flywheel Sports Inc.

How to watch theCUBE interviews

We offer you various ways to watch all of theCUBE interviews that will be taking place at Nutanix .NEXT US, including theCUBE’s dedicated website and YouTube. You can also get all the coverage from this year’s event on SiliconANGLE.

TheCUBE’s dedicated website and Ustream

All of theCUBE’s exclusive interviews from Nutanix .NEXT US will be available on theCUBE’s dedicated website. TheCUBE coverage will start on May 9 at 10:00 a.m. CDT and end on May 10 at 3:30 p.m. CDT.

You can also watch all the interviews on the dedicated Ustream channel.

Watch on the SiliconANGLE YouTube channel

All of theCUBE interviews from Nutanix .NEXT US, which runs until May 10, will also be loaded onto SiliconANGLE’s dedicated YouTube channel.

Cubecasts

SiliconANGLE also has podcasts available of archived interview sessions, available on both SoundCloud and iTunes, which you can enjoy while on the go.

Guests who will be interviewed on theCUBE at Nutanix .NEXT US

Guests who will be interviewed on theCUBE include Nutanix .NEXT US speakers Sunil Potti; Dheeraj Pandey; Sarah Robb O’Hagan; John Willis. Other guests include Vijay Luthra, senior vice president, global head of technology infrastructure services at Northern Trust; Ben Gibson, chief marketing officer of Nutanix; Rajiv Mirani, chief technology officer of cloud services at Nutanix; Ricardo Jenez, senior vice president of development at Nutanix; Sharon Haris, chief technology officer of Assuta Medical Centers; Binny Gill, chief technology officer of cloud services at Nutanix; and Dan McConnell, vice president of hyperconverged infrastructure product management and marketing at Dell EMC.

Other guests include Peter McKay, president of Veeam; Vijay Rayapati, chief executive officer of Botmetric Nutanix; Harjot Gill, senior director of product and engineering at Nutanix; and Brian Stevens, chief technology officer of Google Cloud.

Livestream of Nutanix .NEXT US

If you are unable to attend Nutanix .NEXT US in New Orleans, you can still catch a livestream of all the event’s keynotes from the comfort of your home or office.

A livestream of the keynotes will take place:

• Wednesday, May 9, 2018, from 8:30 AM to 10:30 AM CDT and 5:30 PM to 6:00 PM CDT
• Thursday, May 10, 2018, from 8:30 AM to 9:30 AM CDT

You can register for the keynote livestreams on the official event page.

(* Disclosure: TheCUBE is a paid media partner for the Nutanix NEXT US event. Neither Nutanix Inc., the event sponsor, nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)

Image: SiliconANGLE