Pure Storage FlashBlade Nears $1B in Sales and is Used by More Than 25% of the Fortune 100

Rhea-AI Summary

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.

Positive

• FlashBlade nearing $1B in sales within four years.
• Achieved a $250M run rate in under two years.
• Over 25% of Fortune 100 companies are FlashBlade customers.
• High customer satisfaction, ranking in the top 1% of B2B companies.
• Recognition as a leader in the 2020 Gartner Magic Quadrant for Primary Storage Arrays.

Negative

• None.

MOUNTAIN VIEW, Calif., March 25, 2021 /PRNewswire/ -- Today Pure Storage^® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world announced growth milestones to mark the five year anniversary of introducing FlashBlade^®.

Unveiled in March 2016, FlashBlade has delivered consistent year-over-year growth every quarter since. Within two years of general availability (GA), FlashBlade reached a $250M run rate and more than tripled its customer count. FlashBlade continues to expand and diversify its customer base at a breakneck speed, adding several hundred new FlashBlade customers in FY21 and reaching nearly $1B in sales four years after GA. Today, more than 25% of the Fortune 100 use FlashBlade to derive value from their unstructured data.

The growth of FlashBlade has been powered by continuous innovation to not only solve for customer's current needs, but enable them to take advantage of the next wave of modern data and applications to fuel their business. The innovation FlashBlade has delivered includes:

• Platform evolution to power next generation workloads: FlashBlade was built with dense scale-out capacity and multi-dimensional performance in mind from day one and has been bolstered by continuous feature upgrades, like native SMB support, SafeMode^™ snapshots for ransomware protection, and software enhancements designed for real-time analytics, for example. In 2020, FlashBlade defined a new category of storage: Unified Fast File and Object (UFFO). By unifying fast file and fast object capabilities on a single platform, FlashBlade empowers customers with future-proofed infrastructure for the rise of unstructured data.
• Stand out partnerships and integrated solutions: To tackle a diverse set of customer challenges, FlashBlade has brought uniquely differentiated partnerships to bear. With NVIDIA, FlashBlade created the industry's first integrated AI-Ready Infrastructure (AIRI^®), a joint solution for deploying deep learning at scale. With Cohesity, FlashBlade created FlashRecover™, Powered by Cohesity^®, the industry's first jointly-engineered all-flash modern data protection solution for rapid recovery, ransomware protection, and reuse of data. FlashBlade extended its unified fast file and object platform to AWS Outposts, enabling enterprises with a hybrid cloud solution to consolidate current and next-generation workloads.
• Flexible consumption models and non-disruptive upgrades: Pure's Evergreen™ subscription to innovation lets FlashBlade customers adopt new features without disruption, downtime, or the requirement to re-buy capacity. With the option of buying FlashBlade's Unified Fast File and Object Service through Pure as-a-Service, customers can select from Premium and Ultra Performance tiers to support not only traditional file and cloud object workloads, but also a wide variety of AI and Machine Learning, high performance compute, and software development needs, all delivered with pay as you go consumption.

"FlashBlade's growth has exceeded all industry benchmarks and I am tremendously proud of the breadth and depth of our rapidly expanding customer base. As we look towards a future where a significant majority of enterprise data is unstructured, FlashBlade is the proven innovator to deliver the infrastructure enterprises need to capitalize on modern and next generation data." -- Matt Burr, Vice President and General Manager of FlashBlade, Pure Storage

FlashBlade customers are among the industry's happiest, contributing to Pure's NPS score in the top 1% of B2B companies. Based on customer reviews, FlashBlade has been named a Gartner Peer Insights Customers' Choice for Distributed File Systems and Object Storage for 2021 and TrustRadius has recognized FlashBlade as the 2020 Top Rated Award winner in the Object Storage category.

"FlashBlade performance has been fantastic, with no downtime. With Vertica on Pure Storage, we have a 360-degree view of customers and fast, sophisticated analytics to provide all sorts of insights to the business, fueling customer success. Our users don't know about the new technology underneath, they just know that Vertica answers their questions much faster. One customer knowledge base report used to take seven days to run – now it's complete in two seconds."  -- Chris "CB" Bohn, Principal Data Engineer, Micro Focus

"FlashBlade's ability to scale up performance while lowering I/O latency has exceeded our expectations. With FlashBlade, we are confident that we'll be able to meet the increasing demand for supercomputing resources and strengthen NTU's position as a world-class research-intensive university, while walking the talk when it comes to protecting the environment." -- Alvin Ong, Chief Information Officer, NTU Singapore

Learn more at PureStorage.com/FlashBlade.

About Pure Storage

Pure Storage (NYSE: PSTG) gives technologists their time back. Pure delivers a modern data experience that empowers organizations to run their operations as a true, automated, storage as-a-service model seamlessly across multiple clouds. One of the fastest-growing enterprise IT companies in history, Pure helps customers put data to use while reducing the complexity and expense of managing the infrastructure behind it. And with a certified customer satisfaction score in the top one percent of B2B companies, Pure's ever-expanding list of customers are  among the happiest in the world. For more information, visit www.purestorage.com.

Analyst Recognition: Pure Storage has been named a Leader in the 2020 Gartner Magic Quadrant for Primary Storage Arrays.

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Pure Storage, the Pure P Logo, Portworx, and the marks on the Pure Trademark List at www.purestorage.com/legal/productenduserinfo.html are trademarks of Pure Storage, Inc. Other names are trademarks of their respective owners.

 

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SOURCE Pure Storage

FAQ

What is the sales milestone for FlashBlade announced by Pure Storage in March 2021?

FlashBlade is nearing $1B in sales four years after its general availability.

How quickly did FlashBlade reach a $250M run rate?

FlashBlade achieved a $250M run rate within two years of general availability.

What percentage of Fortune 100 companies use FlashBlade?

More than 25% of the Fortune 100 companies use FlashBlade.

What notable partnerships has FlashBlade established?

FlashBlade has partnered with NVIDIA for AI-Ready Infrastructure and with Cohesity for data protection solutions.

How is customer satisfaction measured for Pure Storage?

Pure Storage has a Net Promoter Score (NPS) in the top 1% of B2B companies, reflecting high customer satisfaction.