Nutanix (NTNX) Released its Seventh Annual Financial Services Enterprise Cloud Index Report

Nutanix, Inc. (NASDAQ:NTNX) is one of the Best All-Time High Stocks to Buy According to Analysts. On July 15, Nutanix, Inc. (NASDAQ:NTNX) released its seventh annual Financial Services Enterprise Cloud Index report.

The report highlighted that almost all financial organizations are now using generative AI applications, mainly to improve customer support, content creation, and fraud detection. However, many organizations are facing challenges, including a lack of skilled workers to manage AI with current systems. Moreover, around 97% of the respondents believe they could do more to secure their GenAI models and applications.

The report also highlights that 92% say they need to modernize their IT infrastructure to support cloud native apps and containers. In addition, the report also highlighted that these containers and hybrid clouds are generating measurable ROI. The survey polled 1,500 tech leaders in financial services worldwide during Fall 2024.

Nutanix, Inc. (NASDAQ:NTNX) is a technology company that provides a cloud software platform to help organizations run and manage applications in multiple environments.

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Disclosure: None. This article is originally published at Insider Monkey.