Saturday, February 4, 2023
spot_img
spot_img

Pure Storage Further Expands SLA Offerings for Evergreen//One

spot_img
spot_img
spot_img
- Advertisement --

Pure Storage, the IT pioneer that delivers the world’s most advanced data storage technology and services, today announced 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 SLAOn 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 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, unrivaled storage performance aligned with service tier, and efficiency measured by Watts per TiB.

- Advertisement -
spot_img
spot_img
spot_img
spot_img