Pure Storage, an IT pioneer that delivers advanced data storage technology and services, announces today the 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 SLA supports Pure Storage’s mission to provide customers with the most sustainable storage technology to meet their goals.
Among the highlights are:
- Evergreen//One Energy Efficiency SLA – On the heels of introducing the Pure1 Sustainability Assessment and the Energy Savings Visualizer to help customers 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 in the third quarter of fiscal 2023, Pure achieved:
○ Subscription Annual Recurring Revenue (ARR) of $1 billion, up 30 percent year-over-year.
○ Subscription Services revenue of $244.8 million, up 30 percent year-over-year.
The enterprise storage industry has 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 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 percent of sustainability program directors recognize that companies cannot reach their sustainability goals without 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 benefit from continuous innovation, financial flexibility and operational agility, and achieve new levels of energy efficiency by measuring Watts per TiB to meet long-term sustainability goals.
To learn more, go to Evergreen//One or visit www.purestorage.com.
