Here is what, from a structural perspective, may “save” Nutanix, and it is a long term play. That is HCI is now transforming into hybrid cloud. Hybrid cloud will be expanding to the IoT world and 5G and the network is your data center mentality that Zscaler enables.
With each new transformation comes opportunity to be the provider of the product that wins the day. Nutanix with Xi is already anticipating these future moves. Thus, it is not like there is no hope. However, as a bounce play that just is not gonna be me here. There are far more profitable ways to invest absent FUD. Nutanix is not going through a FUD event.
Tinker