New Report Shows Retailers Bullish on Hybrid Cloud
January 14 2019 - 9:00AM
Business Wire
Increasing Customer Expectations, Digital
Transformation Initiatives and Data Security Requirements Drive
Industry-wide Innovation and Increased Need for Hybrid Cloud
Nutanix, Inc. (NASDAQ: NTNX), a leader in enterprise cloud
computing, today announced the retail findings of its Enterprise
Cloud Index Report, measuring retailers’ plans for adopting
private, hybrid and public clouds. The report revealed enterprise
workloads are quickly moving off traditional data center
infrastructure, dropping from 41% today to just 18% in two years
time, as cloud usage accelerates. The retail industry has the
second largest penetration of hybrid cloud deployments at 21%; with
93% identifying hybrid cloud as the ideal IT model, outpacing the
global average for other industries.
Today’s consumer expects a seamless omnichannel shopping
experience in store, online and through new avenues such as mobile,
in-app or even smart TV purchases. At the same time, retailers need
to gather, analyze and keep data secure. This pressure to keep
ahead of customer expectations is driving retailers to deploy
innovative IT practices faster than ever.
It may not be a surprise that retailers are also embracing
public clouds more quickly than their counterparts in other
industries, yet their control of public cloud spend is better than
peers in other industries. With the seasonality of the retail
industry and traffic bursts impacting workload needs throughout the
year, retailers have experience in flexing workloads to the public
cloud as demand requires. Today, there is 15% public cloud usage in
the retail industry compared to a 12% global average; and usage is
set to grow to 22% in the next two years, outpacing the global
cross-industry average by an even wider margin of 7 percent. Yet
the higher than average percentage of retailers who say that hybrid
cloud is the ideal IT deployment model (93%) also indicates that
public cloud is not a panacea for the retail industry.
Nutanix commissioned Vanson Bourne to survey more than 2,300 IT
decision makers including 329 worldwide retailers about where they
are running their business applications today, where they plan to
run them in the future, what their cloud challenges are and how
their cloud initiatives stack up against other IT projects and
priorities. The survey included respondents from multiple
industries, business sizes and geographies in the Americas; Europe,
the Middle East, Africa (EMEA); and Asia-Pacific and Japan (APJ)
regions.
The bullish outlook for hybrid cloud adoption globally and
across industries is reflective of an IT landscape growing
increasingly automated and flexible enough that enterprises have
the choice to buy, build, or rent their IT infrastructure resources
based on application requirements. For retailers, having the
flexibility to choose the right cloud for each application appeared
most often as the benefit for deploying hybrid cloud (at 18%)
followed closely by using cloud “on the fly” to support periods of
high traffic loads. Given the seasonality of business and variance
of IT and network consumption needs throughout the year, retailers
understand the need to keep IT flexible.
Other key findings of the report include:
- Retailers control cloud spend
better. One motivation for deploying hybrid clouds is
enterprises’ need to get more control over their IT spend – with
35% of organizations using public clouds saying they overspent on
their public cloud services budgets. Retail companies, perhaps due
to experience, seem to be doing a better job of managing their
public cloud expenses. About 69% of retail companies said their
public cloud spend was under or on budget, and just 29% reported
being over budget, compared to 35% of cross-industry global
companies.
- IT talent and security are barriers
to hybrid cloud adoption, but cost also tops the list:
Globally, more than half of survey respondents said that data
security/compliance, performance, management, and TCO are critical
factors in deciding where to put their application workloads. While
88% of global respondents expect hybrid cloud will positively
impact their business, hybrid cloud skills ranked second in
scarcity for retailers (30%), with the leading shortage going to
artificial intelligence and machine learning skills. A huge
emphasis for retailers compared to other industries was cost
– with nearly 20% citing this as a top criterion.
“More than many industries, retailers are acutely aware of how
IT strategy and execution directly impact the customer experience
and the bottom line. The high adoption and planned growth of hybrid
cloud in retail show that retailers understand that hybrid is the
best solution for keeping up with customer demands while keeping
flexibility, security and costs in line,” said Chris Kozup, senior
vice president of Global Marketing at Nutanix. “I expect the retail
industry to keep its lead in IT innovation as they form new
strategies to delight their customers in the retail
experience.”
To learn more about the global report and findings, please
download the “Nutanix Enterprise Cloud Index 2018,” here.
Nutanix at NRF
To meet up with Nutanix at NRF 2019, stop by booth #1530 or
schedule a one-on-one briefing with an executive or product leader
by emailing ebc@nutanix.com. Nutanix is also planning a special
evening event for insiders. Send a note to events@nutanix.com if
you’d like an exclusive invitation.
Visitors to the booth will learn about Nutanix remote office
solutions for store locations, multi-cloud management capabilities
for streamlined IT operations, and IoT platform for next generation
customer experiences and data analysis. For each presentation or
demo, visitors will also earn shopping credits toward giveaways in
the booth store.
For more information:
- Learn more about Nutanix solutions for
the retail industry on our website
- Read about the transformative power of
Nutanix for retail here
About Nutanix
Nutanix is a global leader in cloud software and hyperconverged
infrastructure solutions, making infrastructure invisible so that
IT can focus on the applications and services that power their
business. Companies around the world use Nutanix Enterprise Cloud
OS software to bring one-click application management and mobility
across public, private and distributed edge clouds so they can run
any application at any scale with a dramatically lower total cost
of ownership. The result is organizations that can rapidly deliver
a high-performance IT environment on demand, giving application
owners a true cloud-like experience. Learn more at www.nutanix.com
or follow us on Twitter @nutanix.
© 2019 Nutanix, Inc. All rights reserved. Nutanix, the Nutanix
logo and all 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).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190114005101/en/
NutanixJennifer
Massarojennifer.massaro@nutanix.com408-309-6886
InkHouse PRRachel Marsdennutanix@inkhouse.com415-299-6600
Nutanix (NASDAQ:NTNX)
Historical Stock Chart
From Aug 2024 to Sep 2024
Nutanix (NASDAQ:NTNX)
Historical Stock Chart
From Sep 2023 to Sep 2024