Is Nutanix a Cloud Company?

One of the most popular videos on the portal describes how Nutanix isn't a cloud company. After hosting theCube for Nutanix .NEXT 2018, I thought it time to ask and answer the question again. 

What value does Nutanix bring environments looking to adopt enterprise cloud technologies? What were the key announcements from .NEXT that point to a coherent cloud strategy and where are the gaps? 
This Analyst Note discusses the big takeaways from the conference.