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Pure Storage Named a Leader for Fourth Consecutive Year in the 2024 Gartner® Magic Quadrant™ for File and Object Storage Platforms

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Pure Storage (NYSE: PSTG) has been named a Leader in the 2024 Gartner Magic Quadrant for File and Object Storage Platforms for the fourth consecutive year. The company's platform addresses the challenges of managing unstructured data in the era of AI, analytics, and IoT. Key features include:

1. Efficient and reliable platform with up to 5x less energy consumption and 95% less e-waste than disk-based systems.

2. Real-Time Enterprise File services for dynamic adaptation to modern application demands.

3. FlashBlade//S100, an AI-ready platform for entry-level enterprise use cases.

4. AI-powered anomaly detection for identifying threats and unusual activity.

5. Expanded cyber recovery and resilience SLA through Evergreen//One.

Pure Storage boasts a 4.7/5 rating on Gartner Peer Insights, with 96% of reviewers willing to recommend the platform.

Pure Storage (NYSE: PSTG) è stata nominata Leader nel Gartner Magic Quadrant 2024 per le Piattaforme di Archiviazione File e Oggetti per il quarto anno consecutivo. La piattaforma dell'azienda affronta le sfide nella gestione dei dati non strutturati nell'era dell'IA, dell'analisi e dell'IoT. Le caratteristiche principali includono:

1. Piattaforma efficiente e affidabile con un consumo energetico fino a 5 volte inferiore e il 95% in meno di rifiuti elettronici rispetto ai sistemi basati su disco.

2. Servizi File Enterprise in tempo reale per un'adattamento dinamico alle richieste delle applicazioni moderne.

3. FlashBlade//S100, una piattaforma pronta per l'IA per casi d'uso aziendali di livello entry.

4. Rilevazione delle anomalie alimentata dall'IA per identificare minacce e attività insolite.

5. Ampliamento della SLA di recupero informatico e resilienza tramite Evergreen//One.

Pure Storage vanta una valutazione di 4.7/5 su Gartner Peer Insights, con il 96% dei recensori disposto a raccomandare la piattaforma.

Pure Storage (NYSE: PSTG) ha sido nombrada Líder en el Cuadrante Mágico de Gartner 2024 para Plataformas de Almacenamiento de Archivos y Objetos por cuarto año consecutivo. La plataforma de la compañía aborda los desafíos de la gestión de datos no estructurados en la era de la IA, el análisis y el IoT. Las características clave incluyen:

1. Plataforma eficiente y confiable con hasta 5 veces menos consumo de energía y un 95% menos de residuos electrónicos que los sistemas basados en disco.

2. Servicios de Archivo Empresarial en Tiempo Real para la adaptación dinámica a las demandas de aplicaciones modernas.

3. FlashBlade//S100, una plataforma lista para IA para casos de uso empresarial de nivel inicial.

4. Detección de anomalías impulsada por IA para identificar amenazas y actividades inusuales.

5. Ampliación de SLA de recuperación cibernética y resiliencia a través de Evergreen//One.

Pure Storage tiene una calificación de 4.7/5 en Gartner Peer Insights, con el 96% de los revisores dispuestos a recomendar la plataforma.

Pure Storage (NYSE: PSTG)는 2024 가트너 매직 쿼드런트 파일 및 객체 저장 플랫폼 부문에서 네 번째 해 연속 리더로 선정되었습니다. 이 회사의 플랫폼은 AI, 분석 및 IoT 시대의 비정형 데이터 관리 문제를 해결합니다. 주요 기능은 다음과 같습니다:

1. 효율적이고 신뢰할 수 있는 플랫폼으로 디스크 기반 시스템보다 최대 5배 적은 에너지 소비와 95% 적은 전자 폐기물을 제공합니다.

2. 실시간 기업 파일 서비스로 현대 애플리케이션 요구 사항에 동적으로 적응합니다.

3. FlashBlade//S100, 엔트리 레벨 기업 사용 사례를 위한 AI 준비 플랫폼입니다.

4. AI 기반의 이상 감지로 위협 및 비정상 활동을 식별합니다.

5. Evergreen//One을 통한 확장된 사이버 복구 및 복원력 SLA.

Pure Storage는 가트너 피어 인사이트에서 4.7/5의 평가를 받았으며, 96%의 리뷰어가 이 플랫폼을 추천할 의사가 있습니다.

Pure Storage (NYSE: PSTG) a été nommé Leader dans le Magic Quadrant 2024 de Gartner pour les plateformes de stockage de fichiers et d'objets pour la quatrième année consécutive. La plateforme de l'entreprise répond aux défis de la gestion des données non structurées à l'ère de l'IA, de l'analyse et de l'IoT. Les caractéristiques clés comprennent :

1. Plateforme efficace et fiable avec jusqu'à 5 fois moins de consommation d'énergie et 95% de déchets électroniques en moins par rapport aux systèmes basés sur disque.

2. Services de fichiers d'entreprise en temps réel pour une adaptation dynamique aux exigences des applications modernes.

3. FlashBlade//S100, une plateforme prête pour l'IA pour des cas d'utilisation d'entreprise de niveau initial.

4. Détection d'anomalies alimentée par l'IA pour identifier les menaces et les activités inhabituelles.

5. Amélioration de la récupérations cybernétique et de la SLA de résilience grâce à Evergreen//One.

Pure Storage affiche une note de 4.7/5 sur Gartner Peer Insights, avec 96% des évaluateurs prêts à recommander la plateforme.

Pure Storage (NYSE: PSTG) wurde zum vierten Mal in Folge als Leader im Gartner Magic Quadrant 2024 für Datei- und Objektstorage-Plattformen ausgezeichnet. Die Plattform des Unternehmens bewältigt die Herausforderungen der Verwaltung unstrukturierter Daten in der Ära von KI, Analytik und IoT. Zu den wichtigsten Funktionen gehören:

1. Effiziente und zuverlässige Plattform mit bis zu 5x geringerem Energieverbrauch und 95% weniger Elektroschrott im Vergleich zu datenträgerbasierten Systemen.

2. Echtzeit-Unternehmensdatei Dienste für dynamische Anpassungen an moderne Anwendungsanforderungen.

3. FlashBlade//S100, eine KI-fähige Plattform für unternehmensinterne Einstiegsszenarien.

4. KI-gesteuerte Anomalieerkennung zur Identifizierung von Bedrohungen und ungewöhnlichen Aktivitäten.

5. Erweiterte Cyber-Rettung und Resilienz SLA durch Evergreen//One.

Pure Storage hat eine Bewertung von 4.7/5 auf Gartner Peer Insights und 96% der Rezensenten sind bereit, die Plattform zu empfehlen.

Positive
  • Named a Leader in Gartner Magic Quadrant for File and Object Storage Platforms for the fourth consecutive year
  • Platform consumes up to 5x less energy and 95% less e-waste than hard disk-based systems
  • Introduction of Real-Time Enterprise File for dynamic adaptation to modern application demands
  • Launch of FlashBlade//S100, an AI-ready platform for entry-level enterprise use cases
  • Implementation of AI-powered anomaly detection for identifying threats and unusual activity
  • Expansion of cyber recovery and resilience SLA through Evergreen//One
  • 4.7/5 rating on Gartner Peer Insights with 96% of reviewers willing to recommend
Negative
  • None.

Insights

Pure Storage's fourth consecutive recognition as a Leader in Gartner's Magic Quadrant for File and Object Storage Platforms is a significant achievement. This positioning reinforces the company's strong market presence and innovative capabilities in the rapidly growing unstructured data storage market.

Key takeaways:

  • Pure Storage's platform addresses critical challenges in modern data management, including AI workloads, cybersecurity and energy efficiency.
  • The introduction of Real-Time Enterprise File services and the FlashBlade//S100 demonstrates Pure Storage's commitment to innovation and meeting diverse customer needs.
  • With a 4.7 out of 5 rating on Gartner Peer Insights, customer satisfaction appears exceptionally high.

For investors, this recognition suggests Pure Storage is well-positioned to capitalize on the growing demand for advanced storage solutions, particularly as AI and data-intensive applications become more prevalent. The company's focus on energy efficiency and cyber resilience aligns with current market trends, potentially driving future growth and market share gains.

Pure Storage's leadership position in the Gartner Magic Quadrant has positive financial implications. The company's innovative product offerings and high customer satisfaction ratings (96% recommendation rate) suggest strong potential for revenue growth and customer retention.

Key financial considerations:

  • The expanded Evergreen//One SLA, including disaster recovery, could drive higher-margin service revenue.
  • Pure's focus on energy efficiency (up to 5x less energy consumption) may appeal to cost-conscious enterprises, potentially expanding market share.
  • The introduction of FlashBlade//S100 with "progressive pricing" could open up new market segments and drive volume growth.

While specific financial figures aren't provided, Pure Storage's consistent leadership recognition and product innovations position it well for potential market share gains in the competitive storage industry. Investors should monitor future earnings reports for evidence of these strategic initiatives translating into revenue and profit growth.

SANTA CLARA, Calif., Oct. 11, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced it has been positioned by Gartner® as a Leader in the Magic Quadrant™ for File and Object Storage Platforms for both its Completeness of Vision and Ability to Execute, in the rapidly growing storage market for unstructured data.

Industry Significance:

The proliferation of technologies and emerging trends like AI, analytics, and the Internet of Things has driven a surge in file and object data. Traditional storage solutions, particularly legacy file systems, have become increasingly complex, adding rigidity and risk. This complexity is further exacerbated by rising cyberthreats and energy consumption concerns. Focusing on single-purpose, siloed solutions has left organizations struggling to meet the dynamic demands of modern workloads, resulting in inefficiencies and outdated refresh cycles.

To navigate these challenges, organizations require a storage platform that delivers all-flash performance, scalability, and operational simplicity, while also addressing security vulnerabilities and minimizing energy usage.

Platform Momentum:

With unmatched agility and risk reduction, Pure Storage delivers a simple and consistent unified storage platform and flexible as-a-service experience for the broadest range of use cases - from on-premises to the public cloud to hosted environments. Central to the platform, the often imitated but never duplicated Evergreen® architecture ensures continuous, non-disruptive upgrades, enabling enterprises to quickly adapt in today's dynamic business landscape. With the industry's most comprehensive set of concurrent SLAs, customers get the reliability, performance, and energy efficiency required to modernize their businesses.

The Pure Storage Platform empowers enterprises to harness the full value of their file and object data, ensuring agility and resilience in adapting to the evolving demands of business modernization:

  • Efficient, Reliable, Consistent Platform: Built to handle exponential data growth with industry-leading energy efficiency, the Pure Storage Platform consumes up to 5x less energy and rack space, and up to 95% less e-waste than hard disk-based systems. Supported by Pure Storage's Evergreen subscription services, Pure Storage is a flexible, scalable platform that evolves over time to meet customer needs. At an acquisition cost competitive with disk and much lower operational costs, Pure Storage's vision of an all-flash data center is a reality.
  • Introduction of Real-Time Enterprise File: The Pure Storage Platform, with Real-time Enterprise File, delivers a file services experience that changes, adapts, and reconfigures - dynamically and in real time - to meet the demands of modern applications. Delivering cloud-like efficiency with a global storage pool that intelligently resizes and tiers on demand, its single-layer architecture simplifies management, reduces costs, and minimizes cyber threats, allowing IT teams to focus on higher-value tasks. With a unified management plane, Pure ensures an effortless storage experience that evolves with business needs and provides non-disruptive upgrades through Evergreen architecture.
  • Support for Cost-Sensitive Workloads: With the new FlashBlade//S100, an AI-ready platform with GPUDirect support which brings progressive pricing across all price points and markets. It features a scale-out architecture designed for entry-level enterprise use cases, including AI, compliance, content sharing, image repositories, IoT, Edge, and ROBO applications.
  • AI-Powered Anomaly Detection: The Pure Storage Platform enables organizations to discover threats, unusual activity, malicious behavior, and Denial of Service attacks via performance anomalies. Built on machine learning models running to identify unusual anomalous behavior, Pure Storage enables customers to analyze their environments with historical data for anomalous patterns based on heuristics of performance as well as user context on how storage is used. Leveraging this capability, customers can identify the last known good snapshot copy to mitigate operational impact by quickly identifying recovery point targets to restore data, reducing risk and guesswork.
  • Cyber Recovery and Resilience SLA: Building on the first-of-its-kind ransomware recovery SLA, Evergreen//One™ now includes disaster recovery scenarios. The expanded SLA delivers a customized recovery plan, ships clean service infrastructure within a defined SLA, provides onsite installation, and supplies additional professional services for data transfer. In addition, Pure Storage will collaborate with organizations to build and maintain a comprehensive cybersecurity strategy.

Customer Experience:

As of October 11, 2024, Pure Storage has an Overall Rating of 4.7 out of 5 in the Primary Storage Platforms market, with 96% of reviewers willing to recommend, based on 241 reviews on Gartner Peer Insights™. Hear from our customers:

  • "We have loved working with Pure. They have been very reliable and performant. The customer service that they provide is amazing and we see them continuing to do better year after year. We have now been with them for years and they still seem to surprise us by how good they can be." ($3B-$10B USD Healthcare & Biotech Company Review)
  • "Pure Storage is truly built with the customer in mind. The simplicity of their purchasing process to implementation to administration is a joy compared to their competitors." ($10B-$30B USD Software Company Review)
  • "The customer experience is exceptional with Pure Storage. Lights years ahead of the competition." ($10B-$30B USD Banking Company Review)

Executive Insight:

"Pure Storage addresses all of our customers' diverse data needs, particularly as they navigate the complexities of modern file and object data.  As unstructured data continues to grow exponentially, Pure Storage Purity enables enterprises to effortlessly harness and manage this data with unmatched performance and scalability, operational simplicity, and risk reduction. With our integrated software architecture, Evergreen and Pure Fusion, customers can drive efficient, resilient modernization, ensuring they stay ahead in an increasingly data-driven world."  – Charles Giancarlo, Chief Executive Officer, Pure Storage 

About Gartner Magic Quadrant
Magic Quadrant™ reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables organizations to get the most from market analysis in alignment with their unique business and technology needs.

To learn more, access the full 2024 Gartner Magic Quadrant for File and Object Storage Platforms report on Pure Storage's website.

Analyst Recognition:
A Leader in the 2024 Gartner Magic Quadrant for Primary Storage Platforms
A Leader in the 2024 Gartner Magic Quadrant for File & Object Storage Platforms

Gartner Disclaimer
Gartner, Magic Quadrant for File and Object Storage Platforms, Jeff Vogel, Chandra Mukhyala, Julie Palmer 9 October 2024. Magic Quadrant for File and Object Storage Platforms was previously known as Magic Quadrant for Distributed File Systems and Object Storage from 2014 to 2023.

GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant and Peer Insights are a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences with the vendors listed on the platform, should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Pure Storage
Pure Storage (NYSE: PSTG) delivers the industry's most advanced data storage platform to store, manage, and protect the world's data at any scale. With Pure Storage, organizations have ultimate simplicity and flexibility, saving time, money, and energy. From AI to archive, Pure Storage delivers a cloud experience with one unified Storage as-a-Service platform across on premises, cloud, and hosted environments. Our platform is built on our Evergreen architecture that evolves with your business – always getting newer and better with zero planned downtime, guaranteed. Our customers are actively increasing their capacity and processing power while significantly reducing their carbon and energy footprint. It's easy to fall in love with Pure Storage, 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, Pure Fusion, Evergreen, Evergreen//One 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.

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FAQ

What recognition did Pure Storage (PSTG) receive in the 2024 Gartner Magic Quadrant?

Pure Storage (PSTG) was named a Leader in the 2024 Gartner Magic Quadrant for File and Object Storage Platforms for the fourth consecutive year.

How does Pure Storage's (PSTG) platform compare to hard disk-based systems in terms of energy efficiency?

Pure Storage's (PSTG) platform consumes up to 5x less energy and produces up to 95% less e-waste than hard disk-based systems.

What new product did Pure Storage (PSTG) introduce for entry-level enterprise use cases?

Pure Storage (PSTG) introduced the FlashBlade//S100, an AI-ready platform designed for entry-level enterprise use cases, including AI, compliance, content sharing, and IoT applications.

What is the customer satisfaction rating for Pure Storage (PSTG) on Gartner Peer Insights?

Pure Storage (PSTG) has a 4.7 out of 5 rating on Gartner Peer Insights, with 96% of reviewers willing to recommend the platform.

What new security feature did Pure Storage (PSTG) implement in its platform?

Pure Storage (PSTG) implemented AI-powered anomaly detection to help organizations discover threats, unusual activity, malicious behavior, and Denial of Service attacks via performance anomalies.

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