Pure Storage Accelerates Enterprise AI Adoption to Meet Growing Demands with NVIDIA AI

Rhea-AI Summary

Pure Storage and NVIDIA collaborate to deliver new validated reference architectures for AI use cases, including RAG pipeline for AI inference and OVX Server Storage Reference Architecture. The partnership aims to meet the increasing demand for AI technologies in enterprises across various industries.

Insights

Market Research Analyst

The partnership between Pure Storage and NVIDIA, focusing on the development of advanced AI storage solutions, signifies a strategic move in the IT and data storage industry. This collaboration is designed to cater to the increasing demand for AI capabilities within enterprises, a trend that is rapidly transforming business operations and competitive landscapes. The introduction of new validated reference architectures and generative AI proofs of concept by Pure Storage is likely to bolster its market position as a provider of high-performance data and compute solutions.

From a market perspective, this development is expected to enhance customer confidence in adopting AI technologies by reducing the complexity and risk associated with AI deployments. By offering a more streamlined and efficient AI infrastructure, Pure Storage is positioning itself as an essential player in the enterprise AI space. This could result in increased sales and market share, particularly among Fortune 500 companies that are looking to leverage AI for strategic advantage.

Moreover, the expansion of Pure Storage's AI partner ecosystem indicates a commitment to fostering collaborative innovation within the industry. The involvement of ISVs and service partners could lead to the creation of a more robust and diverse range of AI solutions, further driving demand for Pure Storage's offerings. This move may also encourage other players in the market to strengthen their partnerships and innovate, potentially leading to a more competitive environment.

Financial Analyst

The announcement by Pure Storage of its validated reference architectures for AI use cases, in collaboration with NVIDIA, is a significant development for investors to consider. The validation against key benchmarks and the creation of industry-specific solutions, such as the financial services RAG, are likely to be perceived positively by the market, potentially leading to an uptick in investor confidence in Pure Storage's growth prospects.

Investments in AI infrastructure are seen as forward-looking measures that can drive long-term revenue growth and cost savings for businesses. As such, Pure Storage's enhanced product offerings and partnership with NVIDIA could translate into stronger financial performance. This may be reflected in future financial statements in the form of increased revenue from sales of AI storage solutions and potentially higher margins due to the efficiency of these solutions.

However, investors should also consider the capital expenditures associated with the development of these technologies and the competitive landscape of the AI infrastructure market. While the partnership with NVIDIA presents a strong value proposition, it is important to monitor the execution of these strategies and the market's reception of the new products to assess the long-term financial impact on Pure Storage.

Technology Analyst

The technical aspects of Pure Storage's announcement, particularly the Retrieval-Augmented Generation (RAG) Pipeline for AI Inference and the NVIDIA OVX-ready validated reference architecture, reflect significant advancements in the field of enterprise AI storage solutions. The RAG pipeline is designed to enhance the performance of large language models by using the latest internal data, thereby reducing the need for frequent retraining. This technical innovation could lead to greater efficiency and accuracy in AI applications, which is a major selling point for businesses seeking to implement AI.

The NVIDIA OVX Server Storage validation is another key technical milestone, providing customers with a solid infrastructure foundation that is optimized for AI hardware and software solutions. This certification may be a strong differentiator for Pure Storage in the market, potentially attracting customers who require validated, high-performance AI storage solutions.

The technical merits of these developments are likely to resonate with enterprises that prioritize data-driven decision-making and seek to minimize the risks associated with AI deployments. As AI becomes increasingly integral to business operations, the demand for reliable and efficient AI infrastructure is poised to grow, which could benefit Pure Storage significantly in terms of product adoption and market influence.

SANTA CLARA, Calif., March 18, 2024 /PRNewswire/ -- Pure Storage^® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced new validated reference architectures for running generative AI use cases, including a new NVIDIA OVX-ready validated reference architecture. As a leader in AI, Pure Storage, in collaboration with NVIDIA, is arming global customers with a proven framework to manage the high-performance data and compute requirements they need to drive successful AI deployments.

News Highlights:

Building on this collaboration with NVIDIA, Pure Storage delivers the latest technologies to meet the rapidly growing demand for AI across today's enterprises. New validated designs and proofs of concept include:

• Retrieval-Augmented Generation (RAG) Pipeline for AI Inference: To improve the accuracy, currency, and relevance of Inference capabilities for large language models (LLMs), Pure Storage created a RAG pipeline leveraging NVIDIA NeMo Retriever microservices and NVIDIA GPUs and Pure Storage for all-flash enterprise storage. As a result, Pure Storage accelerates time to insight for enterprises using their own internal data for AI training, ensuring the use of their latest data and eliminating the need for constant retraining of LLMs.
• Certified NVIDIA OVX Server Storage Reference Architecture: Pure Storage has achieved OVX Server Storage validation, providing enterprise customers and channel partners with flexible storage reference architectures, validated against key benchmarks to provide a strong infrastructure foundation for cost- and performance-optimized AI hardware and software solutions. This validation offers additional choice for AI customers and complements Pure Storage's certification for NVIDIA DGX BasePOD announced last year.
• Vertical RAG Development: To accelerate successful AI adoption across vertical industries, Pure Storage is creating vertical-specific RAGs in collaboration with NVIDIA. First, Pure Storage has created a financial services RAG solution to summarize and query massive datasets with higher accuracy than off-the-shelf LLMs. Financial services institutions can now gain faster insight using AI to create instant summaries and analysis from various financial documents and other sources. Additional RAGs for healthcare and public sector to be released.
• Expanded Investment in AI Partner Ecosystem: Pure Storage is further investing in its AI partner ecosystem with NVIDIA, engaging in new partnerships with ISVs like Run.AI and Weights & Biases. While Run.AI optimizes GPU utilization through advanced orchestration and scheduling, the Weights & Biases AI Development platform enables ML teams to build, evaluate, and govern the model development lifecycle. Additionally, Pure Storage is working closely with AI-focused reseller and service partners including ePlus, Insight, WWT, and others to further operationalize joint customer AI deployments.

Executive Insight:

• "Pure Storage recognized the rising demand for AI early on, delivering an efficient, reliable, and high-performance platform for the most advanced AI deployments. Embracing our long-standing collaboration with NVIDIA, the latest validated AI reference architectures and generative AI proofs of concept emerge as pivotal components for global enterprises in unraveling the complexities of the AI puzzle." – Rob Lee, Chief Technology Officer, Pure Storage 
• "NVIDIA's AI platform reference architectures are enhanced by Pure's simple, efficient, and reliable data infrastructure, delivering comprehensive solutions for enterprises navigating the complexities of AI, data analytics, and advanced computing. Pure's latest validated reference architectures and proofs of concept are helping drive AI innovation, providing businesses with the tools needed to unlock new possibilities and drive transformative outcomes." – Bob Pette, Vice President of Enterprise Platforms, NVIDIA
• "At WWT, technology innovation is at the core of delivering valuable services to our global clients. As the demand for AI grows, we couldn't be more excited to continue partnering with two best-of-breed vendors in our AI Proving Ground. Pure Storage's high-performance AI storage infrastructure and NVIDIA's prowess in AI computing creates an impressive synergy, enabling our joint customers to seamlessly infuse artificial intelligence into their business operations while driving meaningful ROI." – Ryan Avery, High-Performance Storage Architect, World Wide Technology
• "Our mission at Run.AI is to be a driving force in the AI revolution, leading the charge for positive change across industries and enhancing the human experience. Focusing our efforts on providing the essential software layer that empowers AI infrastructure, we are thrilled to partner with Pure Storage and NVIDIA to help drive broader (and more successful) adoption of advanced enterprise AI initiatives." – Yael Dor, VP, Global Sales and Partnerships, Run.AI
• "At Weights & Biases, we're dedicated to building the best tools for machine learning and generative AI — including automating experimentation and model artifact tracking, streamlining model and prompt evaluation, and enabling end-to-end governance and reproducibility of machine learning workloads. Our expanded collaboration with Pure Storage and NVIDIA further empowers AI developers on their journeys to building and deploying superior models with speed, reliability, and efficiency." – Seann Gardiner, VP of Business Development, Weights & Biases
• "Pure Storage's NVIDIA-validated reference architectures and proofs of concept provide enterprises across industries a shortcut to AI success. Rather than investing valuable time and resources in building an AI architecture from scratch, Pure's proven frameworks not only mitigate the risk of expensive project delays but also guarantee a high return on investment for AI team expenditures like GPUs." – Mike Leone, Principal Analyst, ESG

Industry Significance:

Today, the majority of AI deployments are dispersed across fragmented data environments — from the cloud to ill-suited (often legacy) storage solutions. Yet these fragmented environments cannot support the performance and networking requirements to fuel AI data pipelines and unlock the full potential of enterprise data.

As enterprises further embrace AI to drive innovation, streamline operations, and gain a competitive edge, the demand for robust, high-performance, and efficient AI infrastructure has never been stronger.

Pioneering enterprise AI deployments, particularly among a rapidly growing set of Fortune 500 enterprise customers, Pure Storage provides a simple, reliable, and efficient storage platform for enterprises to fully leverage the potential of AI, while reducing the associated risk, cost, and energy consumption.

Learn More:

• Blog Post: Optimize GenAI Applications with Retrieval-augmented Generation from Pure Storage and NVIDIA
• Blog Post: Pure Data Storage Platform for AI Expands with NVIDIA OVX Server and Full-stack AI Solutions
• Pure Storage AI Customer Momentum
• Pure Storage AI Storage Solutions that Drive Efficiency

About Pure Storage

Pure Storage (NYSE: PSTG) delivers the industry's best platform to store, manage, and protect the world's data. With a cloud experience across a unified storage operating environment, Pure Storage empowers every organization with the agility to meet evolving data requirements at speed and scale, while reducing total cost of ownership. Pure believes it can make a meaningful impact in reducing data center emissions worldwide by providing a storage platform that enables customers to significantly reduce their carbon and energy footprint. Pure is proud to be a customer-first organization, as evidenced by the highest Net Promoter Score in the industry. For more information, visit www.purestorage.com.

Pure Storage, the Pure Storage P Logo, and the marks on the Pure Storage Trademark List are trademarks or registered trademarks of Pure Storage Inc. in the U.S. and/or other countries. The Trademark List can be found at purestorage.com/trademarks. Other names may be trademarks of their respective owners.

Analyst Recognition:
Leader in the 2023 Gartner Magic Quadrant for Primary Storage
Leader in the 2023 Gartner Magic Quadrant for Distributed File Systems & Object Storage

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SOURCE Pure Storage

FAQ

What new validated reference architectures has Pure Storage announced?

Pure Storage has announced new validated reference architectures for running generative AI use cases, including a RAG pipeline for AI inference and OVX Server Storage Reference Architecture.

Who is Pure Storage collaborating with to provide these new AI reference architectures?

Pure Storage is collaborating with NVIDIA to provide the new AI reference architectures.

What is the purpose of the RAG pipeline for AI inference created by Pure Storage?

The RAG pipeline for AI inference created by Pure Storage aims to improve the accuracy, currency, and relevance of Inference capabilities for large language models (LLMs).

What does the Certified NVIDIA OVX Server Storage Reference Architecture provide?

The Certified NVIDIA OVX Server Storage Reference Architecture provides enterprise customers and channel partners with flexible storage reference architectures validated against key benchmarks for cost- and performance-optimized AI hardware and software solutions.

Which industries will benefit from the vertical-specific RAGs created by Pure Storage in collaboration with NVIDIA?

Vertical-specific RAGs created by Pure Storage in collaboration with NVIDIA will benefit industries such as financial services, healthcare, and the public sector.