Completing Journey To Subscriptions As Renewals Kick In In 2022
If you look at our vision for 2022 and where we’re going, it’s about completing our journey to subscription. Really, this is the first big year renewals kick-in for us. And after that, we’ve already transitioned already to subscription. Our business is all subscription. But this year, we get the benefit of the renewals and getting that right. That’s what’s driving a combination of growth this year: doing that at low cost and it drives the success of our profitability and growth going forward. So executing on our hybrid multi-cloud vision with renewals kicking-in for us.
We are all about hybrid multi cloud. The cloud is an operating model, we don’t think of the cloud as a destination. A company should be able to go pick the location where they want to run their workloads based on their business needs, their budgets, and they’re going to run across multiple sites. Companies want a platform for doing that and that’s really what we provide. Nutanix provides that flexibility.