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Nutanix’s Dheeraj Pandey Willing ‘To Walk On Fire’ To Build $3 Billion Company

In an interview with CRN, Nutanix CEO Dheeraj Pandey talks about Nutanix stock, container plans with IBM and Red Hat, coronavirus impacts and momentum with Hewlett Packard Enterprise.

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 Dheeraj Pandey: ‘You Have To Walk On Fire To Really Build A Large Business’

Nutanix CEO Dheeraj Pandey isn’t worried about his company’s recent stock drop. The co-founder and IT innovator is determined to build Nutanix into a $3 billion business regardless of any stock market speed bumps.

“You have to walk on fire to really build a large business,” said Pandey in an interview with CRN. “Where we are with our $2 billion to go to $3 billion, we’ll be crossing yet another chasm. I don’t bemoan this.”

The San Jose, Calif.-based hyperconverged infrastructure pioneer turned software and subscription star recently reported second fiscal quarter software and support revenue of $338 million, up 14 percent year over year. The company’s software and support billings reached $420 million, up 12 percent compared with second-quarter 2018. However, due to concerns of the coronavirus and a faster-than-expected transition to subscription, Nutanix slightly lowered its current fiscal year revenue guidance, which caused its shares to plummet.

In an interview with CRN, Pandey talks about his company’s future, container plans with IBM and Red Hat, momentum with Hewlett Packard Enterprise, and how the channel needs to be “reinvented.”

 
 
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