Mountain View, Calif. – March 22, 2022 — Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world’s most advanced data storage technology and services, today announced continued growth and customer adoption of its Pure as-a-Service subscription offering.
Unveiled in 2018 as the first true consumption-based service model for storage, Pure as-a-Service delivers flexibility, transparency, and simplicity, along with proactive monitoring and non-disruptive upgrades while satisfying performance and usage Service Level Agreements (SLAs).
Throughout the last year, Pure saw increased customer adoption in key markets globally, including one of the world’s leading shipping and logistics companies, which selected Pure as-a-Service to build a secure, data infrastructure for its new offering. As a result of customer growth, in fiscal year 2022, Pure's subscription services revenue made up 33% of total revenue, exceeding $738 million and representing 37% year-over-year growth. Pure as-a-Service’s momentum, combined with the growth of Pure’s Evergreen Storage subscription and Pure Cloud Block Store, which provides seamless data mobility across on-premises and cloud environments, is a testament to Pure's expanding and unified subscription strategy.
Pure has continued to advance Pure as-a-Service to provide better pricing transparency and granularity by building an additional layer of self-service for customers. Customers can now take advantage of an extended version of Pure’s Cost Calculator, which has been built directly in Pure1, Pure’s AI-driven data-services platform for storage management. With the added ability to conduct advanced workload modeling, to request a quote, and to make purchases directly through the platform, Pure is providing customers with unrivaled price transparency for their storage needs.
Global organizations are continuing to benefit from the flexibility and simplicity of Pure as-a-Service, including the City and County of Denver, Wobcom GmbH, and Matrix Solutions:
