Nutanix introduced right this moment that it was bringing in former VMware govt Rajiv Ramaswami as president and CEO. Ramaswami replaces co-founderr Dheeraj Pandey, who beforehand introduced his plans to retire in August.
The brand new CEO brings 30 years of business expertise to the place together with stints with Broadcom, Cisco, Nortel and IBM — along with his most up-to-date gig at VMware as Chief Working Officer of Merchandise and Cloud Providers at VMware.
At his place at VMware, Ramaswami had the chance to see Nutanix up shut as a key competitor, and he now has the chance to steer the corporate into its subsequent section. “I’ve lengthy admired Nutanix as a formidable competitor, a pioneer in hyperconverged infrastructure options and a pacesetter in cloud software program,” he stated in an announcement. He hopes to construct on his business information to proceed rising the corporate.
Sohaib Abbasi, lead unbiased director of Nutanix says that as a candidate, Ramaswami’s expertise actually stood out. “Rajiv distinguished himself among the many CEO candidates together with his uncommon mixture of operational self-discipline, enterprise acumen, expertise imaginative and prescient and inclusive management abilities,” he stated in assertion.
Holger Mueller, an analyst at Constellation Analysis says the hiring makes loads of sense as VMware is shortly turning into the corporate’s main competitor. “Nutanix and VMware wish to be the identical sooner or later — the virtualization and workload portability Switzerland throughout cloud and on premise compute infrastructures,” he advised me.
What’s extra, it permits Nutanix to seize a proficient govt. “So hiring Ramaswami brings each an knowledgeable for multi-cloud to the Nutanix helm, in addition to weakening a key competitor from a expertise perspective,” he stated.
Nutanix was based in 2009. It raised over $600 million from companies like Khosla Ventures, Lightspeed Ventures, Sapphire Ventures, Constancy and Wellington Administration, based on Crunchbase knowledge. The company went public in 2016. Buyers appear happy by the announcement with the corporate inventory worth up 1.29% as of publication.