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Nutanix (NTNX) shares are climbing after the company's fiscal second quarter results beat expectations and subsequent upward revision of its full-year revenue forecast.
Nutanix CEO Rajiv Ramaswami joins Morning Brief to outline three main drivers behind the company's current success trajectory.
According to Ramaswami, Nutanix's first competitive advantage stems from its technological capabilities: "We deliver a platform that can help them [companies] run all of their modern applications in a really efficient way but also enables them to do things in the future with AI."
A second growth catalyst comes from market dynamics. Ramaswami notes that an increasing number of organizations are selecting Nutanix solutions as part of strategic initiatives to diversify away from VMware dependencies.
Finally, Ramaswami emphasizes the tangible results emerging from refined commercial strategies, noting that the company's enhanced "go-to-market efforts" are now delivering measurable returns on investment (ROI).
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This post was written by Angel Smith