10-23-2018, 11:54 PM
According to the IDC report, systems running Nutanix's hyperconverged software represented $497.7 million in total second quarter 2018 vendor revenue, or 34.2% market share. . VMware challenged Nutanix for the lead with 34.1% market share. Nutanix and VMware also face competition from Dell, Cisco, and HPE, with each owning around 5% market share. However, Nutanix and VMware have taken market share over the last year. The HCI market is enjoying 78% growth and gross margins over 80%, which will certainly attract competition, but Nutanix's new software focus puts the company in position to continue meeting the growing demand and maintain its position as a top dog in a growing industry.