Welcome to our dedicated page for Pure Storage news (Ticker: PSTG), a resource for investors and traders seeking the latest updates and insights on Pure Storage stock.
Pure Storage Inc (NYSE: PSTG) delivers cutting-edge enterprise data storage solutions that power AI-driven analytics, multi-cloud environments, and mission-critical applications. This page provides a comprehensive collection of official press releases and curated news coverage about the company’s technological advancements, financial performance, and strategic initiatives.
Investors and technology professionals will find timely updates on PSTG’s all-flash storage innovations, Evergreen subscription services, and partnerships shaping the future of data infrastructure. The resource covers earnings announcements, product launches, executive insights, and industry recognition, offering a holistic view of the company’s market position.
Key content areas include developments in storage-as-a-service platforms, sustainability initiatives, and expansions into emerging technologies. Bookmark this page to stay informed about Pure Storage’s role in enabling secure, scalable data management for global enterprises and cloud-native organizations.
Pure Storage (NYSE: PSTG) announced new channel incentives aimed at enhancing subscription sales at its Pure//Accelerate™ Digital event. Key updates include a 5% rebate for partners on closed Pure as-a-Service deals, potentially earning up to US$100,000 per contract. With the transition of Portworx to a 100% channel model, partners can now expand offerings for cloud-native applications. Additionally, Pure1 has been upgraded for partners to manage customer subscriptions, fostering transparency and operational efficiency.
On May 13, 2021, Pure Storage (NYSE: PSTG) announced the launch of Portworx Enterprise 2.8 at Pure//Accelerate™ Digital. This release enhances Kubernetes scalability with dynamic storage provisioning and improved management features. Key updates include unified observability through Pure1, accelerated backup and recovery with FlashBlade, and support for VMware Tanzu. Gartner forecasts that hybrid cloud storage adoption will rise significantly by 2025, highlighting the relevance of this solution. The release aims to provide a seamless hybrid cloud experience and is available from June 2021.
Pure Storage (NYSE: PSTG) will host a conference call on May 26, 2021 at 2:00 p.m. PT to discuss its financial results for the fiscal first quarter ended May 2, 2021. This follows the release of its financial results. The call will be accessible via the Pure Storage Investor Relations website, and a replay will be available afterwards. Additionally, Pure Storage is participating in multiple investor conferences in June, featuring presentations by key executives.
Pure Storage (NYSE: PSTG) announced the release of PX-Backup 2.0, enhancing capabilities for protecting Kubernetes applications. Key features include role-based access control, an Activity Timeline Dashboard for data protection intelligence, and improved application grouping for usability. The platform also extends support to various ecosystems, including VMware Tanzu and Microsoft Azure, and is now available on AWS Marketplace. This release addresses the challenges of protecting modern applications in complex, distributed environments.
Genesys announced the addition of Arthur P. Johnson, Jr. to its operating committee, enhancing its governance with his extensive experience in corporate strategy and finance. Johnson's appointment comes after a strong fiscal year for Genesys, which saw accelerated cloud growth and aims to redefine customer engagement through its Experience as a Service initiative. Johnson, currently the chief strategy officer at Pure Storage (PSTG), is expected to provide strategic guidance as Genesys navigates its next growth phase.
On April 23, 2021, Pure Storage (NYSE: PSTG) announced that its FlashBlade was recognized as a leader in the GigaOm Radar for High-Performance Object Storage. The report praised FlashBlade for its maturity and effectiveness in meeting enterprise storage needs, highlighting features such as multi-protocol support and a user-friendly interface. FlashBlade is close to achieving $1 billion in sales and is utilized by over 25% of Fortune 100 companies. This recognition marks Pure Storage's fourth consecutive leadership position in GigaOm Radar reports for its storage solutions.
Pure Storage (NYSE: PSTG) announced continued growth in its Pure as-a-Service offerings, with significant adoption across key global markets. In FY21, subscription services revenue exceeded $500M, reflecting a 33% year-over-year increase. Notably, one new customer committed over $10M to Pure as-a-Service. The company has streamlined its platform to enhance transparency and reduce costs for customers, introducing a Service Catalog that simplifies storage service selection. Industry leaders highlighted the flexible consumption model of Pure as-a-Service as a crucial factor for their choice.
Pure Storage (NYSE: PSTG) has been recognized by CRN in its 2021 Partner Program Guide with a prestigious 5-Star rating. This accolade highlights Pure's commitment to providing exceptional partner programs, which enhance channel partner success through various innovations and rewards. Recent upgrades to the Pure Partner Program include increased incentives, new selling solutions, and enhanced marketing and training offerings. The guide will be featured in the April 2021 issue of CRN, emphasizing the program's strengths in supporting IT channel partners.
Pure Storage (NYSE: PSTG) announced significant growth milestones for its FlashBlade product, approaching $1B in sales four years post-launch. FlashBlade achieved a $250M run rate within two years and tripled its customer base, with over 25% of the Fortune 100 utilizing the platform. The product's success is attributed to continuous innovation, partnerships with companies like NVIDIA and Cohesity, and flexible consumption models. Pure Storage maintains a top-tier customer satisfaction score and has been recognized as a leader in various industry categories.
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