Lead Machine Pink 160x1200

Lead Machine Pink 160x1200

iTWire TV 705x108notfunny

Wednesday, 18 January 2023 10:51

With industry-first energy efficiency guarantee, Pure Storage further expands SLA offerings for Evergreen//One

By Pure Storge

COMPANY NEWS: Pure sees strong customer adoption of its Evergreen subscription services, surpassing $1B in ARR for the first time

Pure Storage®, the IT pioneer that delivers the world’s most advanced data storage technology and services, today announced the continued growth of its subscription service offerings, including its Evergreen® portfolio, in addition to a new energy efficiency service level agreement (SLA) for Evergreen//One™. The introduction of the new SLA represents the first and only energy efficiency guarantee in the enterprise storage as a service market and supports Pure Storage’s mission to provide customers with the most sustainable storage technology to meet their goals.

Momentum Highlights:

  • Evergreen//One Energy Efficiency SLA: On the heels of introducing the Pure1® Sustainability Assessment and the Energy Savings Visualizer to help customers dramatically reduce their environmental footprint, the new Evergreen//One SLA guarantees energy efficiency for organizations of any size.
    • The energy efficiency SLA enables organizations to measure the maximum number of actual Watts per tebibyte (TiB).
    • If the guaranteed Watts/TiB is not met, customers can request service credits, and Pure Storage will execute remediation actions, including densification or consolidation, at no additional cost.
  • Subscription Services Growth: As a result of increased demand from existing and new customers for its subscription offerings - including its Evergreen Portfolio (Evergreen//One, Evergreen//Forever™, Evergreen//Flex™), Pure Cloud Block Store, and Portworx® - in the third quarter of the fiscal year 2023, Pure achieved:
    • Subscription Annual Recurring Revenue (ARR) of $1 billion for the first time, up 30% year-over-year.
    • Subscription Services revenue of $244.8 million, up 30% year-over-year.

Industry Significance:

The enterprise storage industry has long been burdened by substantial energy usage, high costs, short technology refresh cycles, forklift upgrades, unplanned downtime, and overall data storage complexity.

Global enterprises, however, are on a path to embrace flexible, consumption-based operating models and modern services that both drive stronger value and efficiencies and contribute to the overall reduction of environmental impact over time.

A recent IT Sustainability Impact Survey revealed that 86% of sustainability program directors recognize that companies cannot reach their sustainability goals without significantly reducing their technology infrastructure energy usage. However, organizations cannot manage sustainability without a reliable and consistent way of measuring it.

Through Pure Storage’s global partner ecosystem, Evergreen//One enables customers to not only benefit from continuous innovation, financial flexibility, and operational agility but achieve new levels of energy efficiency by measuring Watts per TiB to meet long-term sustainability goals.

Evergreen//One Milestones: 
  • Pioneered in 2015, Pure’s subscription-based Evergreen Storage program paved the way for the new era of IT ownership by delivering a true subscription to innovation.
  • In 2018, Pure Storage unveiled the first true consumption-based model for storage, Pure as-a-Service (now Evergreen//One), which delivers the agility and flexibility of public cloud storage with the security and performance of an all-flash infrastructure.
  • In late 2022, Pure Storage’s subscription Annual Recurring Revenue (ARR) - supported by the Evergreen Portfolio, Pure Cloud Block Store, and Portworx - reached $1.0 billion for the first time.
  • Now, Evergreen//One enables customers to subscribe to five critical enterprise-grade SLAs, including no scheduled downtime for upgrades or maintenance, 99.9999% uptime guarantee, a 25% storage capacity buffer relative to usage, unrivalled storage performance aligned with service tier, and efficiency measured by Watts per TiB.
Executive Insight: 
  • “Data storage is historically one of the most challenging elements of running a business - it’s dynamic, grows quickly, and requires extensive resources to provision and maintain. However, it’s absolutely critical to operating a successful and scalable organization. Evergreen//One simplifies storage, scales with business, delivers consistency and creates financial efficiencies. In fact, Evergreen//One has enabled us to move heavy CapEx costs to OpEx and save cash flow, making it much easier to predict and scale our business.” – Tyler Bower, Founder, Cloud@Work
  • “Sustainability has become a key pillar of IT strategies today, with an emphasis on reducing power and space to drive operational efficiencies and ultimately reach long-term ESG goals. By introducing an energy efficiency, SLA into its storage-as-a-service offering, Evergreen//One, Pure Storage is providing an added and crucial layer of transparency for data storage, delivering a guaranteed measurement of actual Watts per TiB that will support a sustainable IT infrastructure. ” – Scott Sinclair, Practice Director, Infrastructure, Cloud and DevOps, Enterprise Strategy Group.
  • “Wipro is committed to collaborating with partners like Pure Storage to build innovative and sustainable solutions for organizations embarking on digital and sustainable transformation. We’re excited to help joint customers gain a more sustainable technology footprint, help to achieve ongoing energy goals, as well as to contribute to their organization’s overall impact.” – Susan Kenniston, Global Head of Sustainability Domain & Consulting, Wipro Limited.
Learn More:

About Pure Storage

Pure Storage (NYSE: PSTG) uncomplicates data storage forever. Pure delivers a cloud experience that empowers every organization to get the most from their data while reducing the complexity and expense of managing the infrastructure behind it. Pure’s commitment to providing true storage as-a-service gives customers the agility to meet changing data needs at speed and scale, whether they are deploying traditional workloads, modern applications, containers, or more. Pure believes it can make a significant impact in reducing data centre emissions worldwide through its environmental sustainability efforts, including designing products and solutions that enable customers to reduce their carbon and energy footprint. And with a certified customer satisfaction score in the top one percent of B2B companies, Pure's ever-expanding list of customers are among the happiest in the world. For more information, visit www.purestorage.com.

Read 579 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here




ENABLE HYBRID CLOUD & REDUCE NETWORK LATENCY WHITEPAPER

Hybrid cloud promises to bring together the best of both worlds enabling businesses to combine the scalability and cost-effectiveness of the cloud with the performance and control that you can get from your on-premise infrastructure.

Reducing WAN latency is one of the biggest issues with hybrid cloud performance. Taking advantage of compression and data deduplication can reduce your network latency.

Research firm, Markets and Markets, predicted that the hybrid cloud market size is expected to grow from US$38.27 billion in 2017 to US$97.64 billion by 2023.

Colocation facilities provide many of the benefits of having your servers in the cloud while still maintaining physical control of your systems.

Cloud adjacency provided by colocation facilities can enable you to leverage their low latency high bandwidth connections to the cloud as well as providing a solid connection back to your on-premises corporate network.


Download this white paper to find out what you need to know about enabling the hybrid cloud in your organisation.

DOWNLOAD NOW!

PROMOTE YOUR WEBINAR ON ITWIRE

It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

BACK TO HOME PAGE
Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

Guest Opinion

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments