Pure Storage Enhances Evergreen//ON Portfolio with Flexible Upgrade Financing Options
Pure Storage (PSTG) has announced significant enhancements to its Evergreen portfolio, offering customers more choice, flexibility, and financial options.
The company is also introducing a new guaranteed data migration service with zero data loss, power and space efficiency, and flexible upgrade options across its portfolio.
Pure Storage is also providing flexible upgrade financing options, empowering customers to access the latest innovations without major upgrades.
The company is also announcing the launch of Pure Protect, a disaster recovery service solution that helps organizations improve data security.
Pure Storage (PSTG) has announced significant enhancements to its Evergreen portfolio, offering customers more choice, flexibility, and financial options.
The company is also introducing a new guaranteed data migration service with zero data loss, power and space efficiency, and flexible upgrade options across its portfolio.
Pure Storage is also providing flexible upgrade financing options, empowering customers to access the latest innovations without major upgrades.
The company is also announcing the launch of Pure Protect, a disaster recovery service solution that helps organizations improve data security.
Pure Storage Enhances Evergreen//ON Portfolio with Flexible Upgrade Financing Options
Pure Storage (PSTG) has taken a significant step forward in its Evergreen portfolio, offering customers the ability to customize power rack space costs with Evergreen//One Storage as a Service (STaaS) and Evergreen//Flex subscriptions. This move is accompanied by a guarantee of data migration with zero data loss, power and space efficiency, along with flexible upgrades and financing options across the portfolio.
The company aims to optimize customers’ budget spend and align it with their security, sustainability, and agility goals. In contrast to traditional capex solutions that package opex components, Pure commits to only charging customers for the power rack space they use, promoting energy efficiency and reducing carbon emissions. This ensures a seamless cloud experience on-premises.
Pure Storage offers a guaranteed commitment to enhanced power and space efficiency, supporting customers in mitigating unplanned costs related to data loss incidents, technology upgrades, and report generation. The company also provides flexible upgrade and financing options, empowering customers to access the latest innovations, performance densities, and energy efficiencies without major upgrades.
Pure Storage’s cloud data services suit their new cloud offerings, aiding customers in investing in a single storage architecture. Additionally, the company provides software-defined all-flash solutions with unique fast cloud capabilities. Pure continues to invest heavily in research and development, launching new products and enhancing existing product lines.
The company recently announced the launch of Pure Protect//DRaaS, a disaster recovery service solution that helps organizations improve data security amid the rise of ransomware attacks and natural disasters. In June, Pure announced the launch of FlashArray//Expand, a disk replacement focus for the FlashArray family that helps customers reduce e-waste. Today, the company announced the launch of FlashArray//X and FlashArray//C models, which help customers boost the performance of business-critical workloads and reduce costs.
Currently, Pure Storage carries a Zacks Rank of #3 (Hold). The company’s shares have gained compared to the S&P 500 and the subindustry growth over the past year. Zacks Investment Research considers some better-ranked stocks in the broader technology space, including ASUR Software (ASUR), Synopsis (SNPS), and Watt Water Technologies (WTS). ASUR Software and Synopsis currently sport Zacks Rank #1 (Strong Buy), while Watt Water Technologies carries a Zacks Rank #2 (Buy).