Over the last few years, the IT infrastructure market has been on a path of rapid evolution and consolidation, and 2014 was a huge year for storage and hyperconverged systems. While traditional storage revenues from large legacy players like NetApp and EMC stagnated, hyperconverged systems were the shining beacon of growth. Now, according to research firm IDC, we can point to a clear winner in the category. Spoiler alert: that winner is Nutanix.
In a year that brought two major funding rounds (for a combined $246m, bringing to the company’s total funding to date to $317m) to aggressively expand the Nutanix technology, an OEM agreement with Dell to bring Nutanix to new and larger accounts and major growth internationally, we’re proud to say that Nutanix is a leader in hyperconverged with a staggering 52% share of the market.
We’re particularly proud of how quickly we’ve been able to get to this stage in the hyperconverged market. In December, Forbes highlighted Nutanix as one of a dozen top startups to reach a $1B valuation in under five years (we made the list alongside companies like Uber and Square). And as we scanned the MarketScape, the speed of our success was again evident. Founded in September 2009, we’re one of the youngest companies in the report yet our market share dwarfs that of companies like Pivot3 (founded in 2003) and Scale Computing (founded in 2007). Not a bad set of milestones on the heels of our five year anniversary!
While we won’t be publishing the full report until next week, here’s a taste of exactly how the competition stacks up against Nutanix:
Be sure to check back for more details on why Nutanix is doing so well so quickly as we go head to head against the competition!