Latest news with #PureStorage
Techday NZ
17 hours ago
- Business
- Techday NZ
Commvault & Kyndryl partner to boost cyber recovery services
Commvault and Kyndryl have announced a partnership to deliver incident recovery services for organisations aiming to enhance data security and meet regulatory requirements. The two companies will work in collaboration with Pure Storage to provide services intended to help organisations recover faster from cyber incidents, improve cyber resilience, and address complex regulatory demands. Kyndryl's cyber resiliency services portfolio includes Incident Recovery Services, Managed Backup Services, and Hybrid Platform Recovery. Through this new partnership, it will be supported by Commvault and Pure Storage to assist organisations in adhering to regulations such as the European Union's Digital Operational Resilience Act (DORA), NIS2 Directive, Payment Services Directive 2 (PSD2), New York Department of Financial Services (NYDFS) regulation NYCRR 500, and Australia's Prudential Regulation Authority (APRA) CPS 230 standard. Expanding cyber recovery services Under the collaboration, Commvault and Kyndryl plan to enhance support for enterprise customers facing persistent cyber threats and increasing data management complexity, particularly in multi-cloud environments. "Cyber preparedness is no longer regarded as optional for global organizations; it is mandatory," stated Allen Downs, Vice President of Security and Resiliency Services at Kyndryl. "Through this collaboration with Commvault and Pure Storage, we are further positioned to assist some of the world's most esteemed organizations in completely redefining their data protection strategies." The joint approach leverages Pure Storage technology alongside Commvault's cyber resilience and recovery solutions. This combined offering introduces a four-layer architecture designed to streamline compliance and speed up recovery for hybrid cloud customers. Technology and features The four-layered architecture includes the following components: Cyber Resilient Vault—an isolated, immutable data vault, based on zero-trust, to safeguard backup data from unauthorised access and tampering. Clean Recovery Zone—a controlled setting for forensic review and staged recovery using validated clean backups. Production Rapid Restore—capability for swift, reliable dataset restoration by using Pure Storage FlashBlade, with immutability features such as S3 Object Lock and SafeMode. Immutable Snapshot Recovery—enables quick, application-consistent restoration of key workloads through Commvault IntelliSnap and Pure Storage FlashArray. The services are developed to promote automated and ongoing cyber recovery testing. Support extends to Commvault Cleanroom Recovery within both public cloud and on-premises isolated environments overseen by Kyndryl. Organisations are enabled to validate their recovery processes to comply with DORA Chapter II (Risk Management), Chapter IV (Operational Resilience Testing), and related regulation. Meeting regulatory needs The collaboration is set against a backdrop of increasingly rigorous and complex regulatory landscapes. Organisations are now required to demonstrate not only the protection of their critical data, but also the capability to restore operations swiftly following a digital disruption. "Our partnership with Kyndryl is built to address the biggest challenges facing the enterprise today, such as the persistent threat of cyberattacks, including ransomware, and the increasing complexity of managing massive data growth across multi-cloud environments," said Alan Atkinson, Chief Partner Officer at Commvault. "When combined with the innovative Pure Storage platform, the three companies are together helping organizations stay resilient and prepared to act decisively in the face of disruption." As businesses face mounting pressures from both cyber threats and regulatory scrutiny, integrating compliance with resilience strategies is becoming increasingly necessary. "As regulatory frameworks like DORA set higher standards for operational resilience, organizations are implementing strategies that integrate regulatory compliance with the ability to recover swiftly from cyber disruption," said Maciej Kranz, General Manager, Enterprise at Pure Storage. "Together with Commvault and Kyndryl, we're delivering advanced security features and a scalable foundation of layered resilience that helps organizations meet these mandates and restore critical operations quickly and reliably." The services provided by the three companies are typically available across North America, Europe, and the Asia-Pacific region. Clients and partners will have opportunities to engage through existing partner programmes and access supporting resources aimed at enhancing cyber resilience and compliance capabilities. Follow us on: Share on:
Techday NZ
19 hours ago
- Business
- Techday NZ
Pure Storage unveils Enterprise Data Cloud for unified control
Pure Storage has announced the availability of its Enterprise Data Cloud (EDC) platform, an approach designed to address the data management and storage requirements facing organisations today. The EDC aims to assist organisations in navigating growing volumes of data driven by artificial intelligence initiatives and shifting business demands, which often lead to fragmented storage systems and increased data sprawl. Rather than focusing solely on storage hardware, Pure Storage advocates for a model where organisations concentrate on understanding and managing their data estate irrespective of its location. Centralised control Within the EDC architecture, information technology teams can manage data centrally across on-premises, public cloud, and hybrid environments. The intention is to provide organisations with the flexibility to govern, access, and automate data management using a unified control plane. The Pure Storage platform is positioned as a means of implementing an EDC, enabling a single point of management and control over diverse data assets. The platform offers the ability to deliver data as a service, unifying disparate datasets and policies for streamlined operations. "It's time to stop managing storage and start managing data. With AI increasing the potential value of enterprise data, and cyber-threats imperilling it, data storage architectures and the tools for managing data have not kept pace. Only Pure Storage has innovated an architectural approach that enables enterprise customers to manage their global data estate. Pure Fusion allows customers to create their own global Enterprise Data Cloud empowering them to manage their data with the control, automation and tracking needed to lead in a data-driven world," said Charles Giancarlo, Chairman and CEO, Pure Storage. Central to the platform is Pure Fusion, which operates by unifying storage as a resource pool. This pool is adaptable, with arrays that support self-discovery, making it possible to expand the managed fleet of storage systems without detailed manual configuration. Every storage array is an access point, allowing fleet management from any endpoint. Feature upgrades The latest iteration of Pure Fusion introduces workload automation and new management presets for file, block, and object storage, supporting remote provisioning and reducing the necessity for administrators to undertake manual configuration or detailed pre-planning. These presets are intended to help lower the risk of non-compliance and improve resiliency by ensuring correct provisioning at the outset. Automation is extended across the platform to cover multiple functions, including provisioning and migration, with policy-driven orchestration and self-service capabilities implemented to reduce human error. Compliance and security features are embedded into the platform, aiming to increase cyber resilience and lower operational risk. The workflow orchestration system enables organisations to apply application or infrastructure automation by using existing connectors with third-party software such as Cisco, Microsoft, VMware, ServiceNow, and Slack. Administrators can run standard recipes or create bespoke automations that match their business processes. Security partnerships New integrations with Rubrik and CrowdStrike are expected to bolster cyber threat detection and recovery capabilities for customers. With Rubrik, Pure Fusion's new workflow orchestration integration allows for automated management and recovery following cyber incidents. If Rubrik Security Cloud detects an anomaly, Pure Fusion labels indelible SafeMode snapshots that Rubrik's ransomware scanning can identify as free from compromise. Should more precise recovery be required, Rubrik's backups are also available as a fallback. These tasks are managed through Pure1 Workflow Automation, aiming to reduce manual intervention and improve recovery times. Working with CrowdStrike, Pure Storage now offers an on-premises storage solution optimised for Falcon LogScale deployments. This new solution brings together Pure Storage's high-performance infrastructure with Falcon LogScale's log analytics for improved scalability, search, and security insights within environments that need to retain on-premises control. Disaster recovery and AI Copilot The Pure Protect system has expanded to support recovery from VMware to VMware, in addition to previous options like AWS and on-premises to cloud. The offering supports business continuity through flexible recovery workflows and assessment tools. The AI Copilot assistant is now available with capabilities to provide context-aware insights across various operational topics, such as security, performance, and sustainability, and is designed to operate continuously with updated contextual awareness of the managed storage and data fleet. Industry commentary Matt Kimball, Vice President & Principal Analyst, Moor Insights & Strategy, commented on the EDC approach: "Pure's Enterprise Data Cloud represents a tangible shift in how enterprises manage data and represents real change at the architectural level. By abstracting the complexity of hybrid environments into a unified, policy-driven platform, Pure is enabling organisations to bring clarity and control to data management at scale. With automation, intelligence, and simplicity built in, Pure is delivering on the vision of an enterprise data cloud in a way that's actionable today. It's a bold, thoughtful approach — and one that sets a new bar for the industry." Pure Storage asserts that its platform has been created to underpin the EDC model by combining infrastructure, intelligence, and integrated services to simplify data management for organisations dealing with increasingly complex requirements.
Techday NZ
19 hours ago
- Business
- Techday NZ
Pure Storage launches next-gen FlashArray & FlashBlade for AI
Pure Storage has unveiled new updates to its hardware portfolio, introducing next-generation support in its FlashArray and FlashBlade product lines to address high-performance requirements, including artificial intelligence and machine learning workloads. Product updates The company's latest enhancements are designed to facilitate performance at scale for organisations facing increasingly intensive and diverse workload demands. The updates primarily centre on its FlashArray and FlashBlade offerings, both integral to the broader Pure Storage platform. The new FlashArray//XL R5 has been developed to consolidate varied workloads onto a single platform by delivering a significant increase in performance and capacity. According to the company, this model doubles the Input/Output Operations Per Second (IOPS) per rack unit compared to its predecessor and boosts maximum raw capacity by as much as 50 percent. Steven Allgeier, Vice President Distributed Infrastructure Group at Fiserv, said, "At Fiserv we recognise our customers' urgent need to manage escalating data demands with greater efficiency. With Pure Storage FlashArray, we are able to continuously deliver an optimal all-flash performance with reliability for mission-critical workloads. We are excited to see how the benefits of the next-gen FlashArray//XL R5 will empower our customers to scale for extreme demands." Pure Storage has also introduced the FlashArray//ST, a platform specifically designed for workloads that are sensitive to latency, such as in-memory databases and large online transaction processing (OLTP) systems. The FlashArray//ST can deliver over 10 million IOPS within five rack units, owing to its optimised input/output pathway. The FlashBlade//S has been updated to its R2 version, featuring next-generation controller blades. The company states that this iteration offers up to 30 percent higher performance than competitors for critical applications including genome sequencing, inference, and electronic design automation simulations. These advances aim to expedite time-to-insight and consolidate organisational infrastructure for projects involving complex, data-intensive pipelines. Single architecture approach Another development includes the extension of object storage support to FlashArray, enabling a unified architecture for block, file, and object storage across the entire platform. This approach is intended to simplify management and deliver a consistent experience, addressing the challenges posed by the swift increase of unstructured data in enterprise environments. Pure Storage described its strategy as a response to the common issues in traditional storage infrastructures, such as fragmentation, siloed data, and uncontrolled sprawl. The company's platform seeks to enable enterprises to manage, govern, and use data more effectively across on-premises, cloud, and hybrid environments through an approach described as an Enterprise Data Cloud. John Colgrove, Founder and Chief Visionary at Pure Storage, said, "In an era where data is king and IT complexity remains a major hurdle to accessing and using data for optimal business value, Pure Storage is once again redefining what's possible for customers." "Pure Storage delivers the magic by rejecting the norms we've come to accept for storage infrastructure; they are what's holding us back within this new era of exponential data growth and logarithmic growth of insight value." Colgrove added, "Pure Storage was born to disrupt the industry, as we introduced new capabilities to reliably achieve better and better performance at any scale. We are unwavering in our mission to enable our customers' ambitions, providing the most innovative and reliable foundation they need to confidently meet any future challenge or opportunity." These announcements arrive as organisations of all sizes face mounting pressures from rapid data growth, increasing workload diversity, and the operational demands of emerging applications such as artificial intelligence and machine learning. The new hardware and features from Pure Storage are positioned to support these evolving requirements while aiming to ensure efficiency and scalability for future organisational needs.
Yahoo
a day ago
- Business
- Yahoo
Investors Heavily Search Pure Storage, Inc. (PSTG): Here is What You Need to Know
Pure Storage (PSTG) has been one of the most searched-for stocks on lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this data storage company have returned -4.6%, compared to the Zacks S&P 500 composite's +0.6% change. During this period, the Zacks Computer- Storage Devices industry, which Pure Storage falls in, has gained 1.6%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Pure Storage is expected to post earnings of $0.40 per share, indicating a change of -9.1% from the year-ago quarter. The Zacks Consensus Estimate has changed -2.4% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $1.81 points to a change of +7.1% from the prior year. Over the last 30 days, this estimate has changed +11.7%. For the next fiscal year, the consensus earnings estimate of $2.37 indicates a change of +30.8% from what Pure Storage is expected to report a year ago. Over the past month, the estimate has changed +4.9%. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Pure Storage is rated Zacks Rank #3 (Hold). The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. For Pure Storage, the consensus sales estimate for the current quarter of $845.79 million indicates a year-over-year change of +10.7%. For the current and next fiscal years, $3.52 billion and $4.04 billion estimates indicate +11% and +14.8% changes, respectively. Pure Storage reported revenues of $778.48 million in the last reported quarter, representing a year-over-year change of +12.3%. EPS of $0.29 for the same period compares with $0.32 a year ago. Compared to the Zacks Consensus Estimate of $771.15 million, the reported revenues represent a surprise of +0.95%. The EPS surprise was +16%. The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period. Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price. The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Pure Storage is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The facts discussed here and much other information on might help determine whether or not it's worthwhile paying attention to the market buzz about Pure Storage. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pure Storage, Inc. (PSTG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
TECHx
a day ago
- Business
- TECHx
Pure Storage Unveils Enterprise Data Cloud Platform
Home » Emerging technologies » Storage » Pure Storage Unveils Enterprise Data Cloud Platform Pure Storage® (NYSE: PSTG), an IT company specializing in advanced data storage technology, has announced the launch of its Enterprise Data Cloud (EDC). This new platform introduces a bold architectural approach to simplify data and storage management. The company revealed that as AI accelerates data growth and business needs evolve, traditional storage methods are no longer efficient. These outdated models often result in silos, fragmentation, and data sprawl. Pure Storage stated that the EDC enables organizations to shift from managing storage infrastructure to managing data. This shift helps reduce risks, cut costs, and improve operational efficiency. According to the company, the EDC provides unified control over data across on-premises, public cloud, and hybrid environments. It allows IT teams to manage data as a single virtualized cloud with intelligent automation and governance. The EDC is delivered through the Pure Storage platform. This platform lets organizations unify data across their environments and manage it through a centralized control plane. The result is simplified, service-based data delivery. Charles Giancarlo, Chairman and CEO of Pure Storage, commented on the launch. He said, 'It's time to stop managing storage and start managing data.' He emphasized that only Pure Storage offers a solution that enables global data estate management at this scale. At the core of the platform is Pure Fusion™, which unifies storage as a pool of adaptable resources. Arrays are self-discoverable and manageable from any system. This eliminates the need for in-depth configuration. New features were also announced: Workload Automation: Pure Fusion now includes presets and remote provisioning for fleetwide file, block, and object. This improves resiliency and reduces compliance risk. Pure Fusion now includes presets and remote provisioning for fleetwide file, block, and object. This improves resiliency and reduces compliance risk. Workflow Orchestration: Admins can deploy workflows across storage, compute, network, and applications using thousands of third-party integrations. Security enhancements were also reported. The company introduced built-in compliance and cyber resilience features. These reduce risk by automating provisioning and data governance. Further partnerships were revealed to enhance the platform's security capabilities: Rubrik Integration: Rubrik Security Cloud works with Pure Fusion for automated threat response. It tags secure SafeMode snapshots for clean data recovery and reduces recovery time to near-zero. Rubrik Security Cloud works with Pure Fusion for automated threat response. It tags secure SafeMode snapshots for clean data recovery and reduces recovery time to near-zero. CrowdStrike Partnership: Pure Storage now supports Falcon LogScale in on-premises environments, providing high-performance log analytics and threat hunting capabilities. Additionally, Pure Protect™ now offers VMware-to-VMware recovery, along with existing recovery to AWS and on-prem environments. This helps customers maintain business continuity with flexible failover options. The company also reported that its AI Copilot is now generally available. This assistant provides personalized, fleet-aware insights across areas like performance, security, and sustainability. Matt Kimball, Vice President & Principal Analyst at Moor Insights & Strategy, shared his view. He said Pure Storage's EDC is 'a tangible shift' in enterprise data management, calling the approach 'bold' and 'actionable.' Pure Storage emphasized that the full potential of an Enterprise Data Cloud requires a platform built from the ground up. With this launch, it aims to combine infrastructure, intelligence, and integrated services into a unified experience.
