STOCK TITAN

With Pure Storage, Adistec Transforms Latin American IT While Cutting Hardware Costs up to 80% with Evergreen//Flex

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Pure Storage (PSTG) announced that Adistec, a leading managed services provider in Latin America, is leveraging Pure Storage's Evergreen//Flex subscription to deliver crucial value-added services to public and private sector organizations in Latin America. Adistec's existing data storage solution was causing outages and proved to be too slow and unreliable. With Pure Storage, Adistec gained competitive data storage consumption economics, improved data center efficiency and costs, and future-proofed data resiliency against outside threats. Adistec reduced hardware costs up to 80% by scaling capacity as needed, improved data reduction and data center footprint, and slashed data recovery time from weeks to minutes with immutable snapshots.
Positive
  • Adistec gained competitive data storage consumption economics
  • Reduced hardware costs up to 80% by scaling capacity as needed
  • Improved data reduction and data center footprint
  • Slashed data recovery time from weeks to minutes with immutable snapshots
Negative
  • None.

Insights

The adoption of Pure Storage's Evergreen//Flex subscription by Adistec is a strategic move that addresses the operational inefficiencies and security challenges faced by managed services providers (MSPs) in the rapidly evolving Latin American IT market. The reported reduction in hardware costs by up to 80% and the shrinking of data center footprint by nearly 90% reflect a significant improvement in cost efficiency, which is particularly crucial in regions with high energy costs. This could set a precedent for other MSPs and potentially reshape market expectations for storage solutions.

Furthermore, the ability to scale capacity with fluctuating customer demand presents a competitive advantage for Adistec, aligning with the broader industry trend towards 'as-a-service' models. This scalability can lead to increased customer satisfaction and retention, as clients benefit from tailored solutions that adapt to their changing needs. The market will likely watch for similar offerings from competitors, which could lead to increased innovation and pressure on pricing within the sector.

In light of the rising threat of ransomware attacks in Latin America, Adistec's implementation of immutable snapshots for data recovery is a critical enhancement to its security posture. The ability to slash data recovery times from weeks to minutes not only strengthens the resilience of Adistec's services but also provides a strong selling point in an environment where data integrity and availability are paramount. This move could potentially influence other MSPs to prioritize investments in advanced data protection solutions, thereby elevating the overall cybersecurity standards in the region.

For stakeholders, this translates to a reduced risk profile and enhanced trust in Adistec’s services. The long-term implications may include a shift in customer expectations towards more robust data protection measures as a standard offering, which could drive further innovation and differentiation in the cybersecurity solutions market.

Pure Storage's financial performance and stock market valuation could be positively influenced by the successful deployment of its Evergreen//Flex subscription model with key clients like Adistec. The reported operational efficiencies and cost savings are likely to resonate with investors, as they suggest a value proposition that is both scalable and economically viable. The ability to upgrade storage solutions without service interruptions, as highlighted by Adistec's CTO, may be seen as a strong indicator of Pure Storage's commitment to customer service and innovation.

Investors will likely monitor the adoption rate of Evergreen//Flex subscriptions, as well as customer satisfaction and retention metrics, as these factors can provide insight into the model's scalability and its potential impact on Pure Storage's recurring revenue streams. Additionally, the reception of this model by other MSPs and the broader market could signal future growth opportunities for Pure Storage in the Latin American region and beyond.

Evergreen//Flex subscription provides the freedom to own storage and the flexibility of consumption economics based on asset utilization

SANTA CLARA, Calif., Jan. 16, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced that Adistec, a leading managed services provider (MSP) in Latin America and the Caribbean, is leveraging Pure Storage's Evergreen//Flex™ subscription to deliver crucial value-added services to public and private sector organizations in Latin America.

Customer challenge:

Adistec's managed services support Latin American businesses across industries on their cloud journeys with subscription-based IT bundles tailored to each customer's needs. However, its existing data storage solution was causing outages, failing to properly support cloud services, and proved to be too slow and unreliable to efficiently manage client workloads. Additionally, with ransomware attacks on the rise in Latin America, rapid and secure data restore became a priority for Adistec in order to eliminate risk across its business.

Customer impact:

Adistec adopted Pure Storage to help support customers on their cloud journey. With Pure Storage, Adistec gained competitive data storage consumption economics, improved data center efficiency and costs, and future-proofed data resiliency against outside threats. Benefits include:

  • Reduced hardware costs up to 80% by scaling capacity as needed with Evergreen//Flex: Adistec can subscribe to the capacity it requires to match its customers' evolving needs, minimizing its overall upfront investment. With less time spent managing hardware, Adistec's front-line engineers can dedicate more energy to developing and refining its IT services.
  • Improved data reduction and data center footprint: The performance and simplicity of Pure Storage have enhanced every Adistec service from VMware to backups. With Pure Storage, Adistec has achieved a data reduction rate of 3:1 and shrunk its total storage footprint by nearly 90% (from 24U to 3U), making it more cost-efficient and sustainable in a region with notoriously high energy prices. With Pure1 to simplify its storage management, Adistec can predict and scale capacity to match its customers' variable workloads.
  • Slashed data recovery time from weeks to minutes with immutable snapshots: MSPs must provide solid data protection and rapid recovery services to fight rising ransomware threats. Adistec leveraged Pure Storage's ability to work within a multi-tenant data protection environment to improve its RPOs and RTOs. Using SafeMode™ Snapshots, the business creates regular backups of its clients' mission-critical data, which it can recover within minutes instead of weeks.

Executive insight:

"Pure Storage Evergreen//Flex is a godsend for the MSP community, allowing us to grow with our customers while making their IT operations simple, secure, and reliable. I've managed a lot of storage solutions in my career and Pure's upgrade process is the fastest by a mile. Best of all, Pure's upgrades are non-disruptive, giving me confidence that our services will continue to run with zero interruption for our customers." - Queberth Soto, Chief Technology Officer, Adistec

"We're thrilled to be able to support Adistec in its delivery of crucial IT services for Latin American organizations in the private and public sector. With more businesses in the region moving to the cloud, Adistec is in a unique position to help its customers on their journey by allowing them to migrate at their own pace while benefiting from the unparalleled flexibility, scalability, and data protection that a Pure Storage Evergreen//Flex subscription can provide." - Wilson Grava, Vice President & General Manager Latin America, Pure Storage

About Pure Storage
Pure Storage (NYSE: PSTG) uncomplicates data storage, forever. Pure delivers a cloud experience that empowers every organization to get the most from their data while reducing the complexity and expense of managing the infrastructure behind it. Pure's commitment to providing true storage as-a-service gives customers the agility to meet changing data needs at speed and scale, whether they are deploying traditional workloads, modern applications, containers, or more. Pure believes it can make a significant impact in reducing data center emissions worldwide through its environmental sustainability efforts, including designing products and solutions that enable customers to reduce their carbon and energy footprint. And with the highest Net Promoter Score in the industry, Pure's ever-expanding list of customers are among the happiest in the world. For more information, visit www.purestorage.com.

Pure Storage, the Pure Storage P Logo, Evergreen//Flex, SafeMode, 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 Pure Storage Inc. Trademark List can be found at www.purestorage.com/legal/productenduserinfo.html.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/with-pure-storage-adistec-transforms-latin-american-it-while-cutting-hardware-costs-up-to-80-with-evergreenflex-302035412.html

SOURCE Pure Storage

FAQ

What is the subscription service that Adistec is leveraging from Pure Storage?

Adistec is leveraging Pure Storage's Evergreen//Flex subscription.

How much did Adistec reduce hardware costs by scaling capacity as needed?

Adistec reduced hardware costs up to 80% by scaling capacity as needed.

What was the impact of Pure Storage on Adistec's data reduction and data center footprint?

Pure Storage improved data reduction and data center footprint, achieving a data reduction rate of 3:1 and shrinking its total storage footprint by nearly 90%.

What was the effect of Pure Storage on Adistec's data recovery time?

Pure Storage slashed Adistec's data recovery time from weeks to minutes with immutable snapshots.

Pure Storage, Inc.

NYSE:PSTG

PSTG Rankings

PSTG Latest News

PSTG Stock Data

15.94B
310.65M
5.21%
84.63%
2.74%
Computer Hardware
Computer Storage Devices
Link
United States of America
SANTA CLARA