Updated : September 10, 2014 12:15 pm,
By Editor
By Editor
Pure Storage, the all-flash enterprise storage array company has been placed in the Leaders Quadrant of the inaugural Magic Quadrant for Solid-State Arrays (SSA) by Gartner
Pure Storage, the all-flash enterprise storage array company has been placed in the Leaders Quadrant of the inaugural Magic Quadrant for Solid-State Arrays (SSA) by Gartner. This is a significant endorsement of the company’s accelerated growth in the Solid-State Arrays industry. Pure Storage continues to expand its global operational footprint and employee base across 6 continents, and is forging new strategic reseller partnerships to further develop its sales channels worldwide.
The Manufacturer has also introduced two new storage arrays to its flagship FlashArray product line—the FA-405 and FA-450—and the 4.0 release of its Purity Operating Environment software, featuring native asynchronous replication. Through this expansion, Pure Storage has effectively extended its market reach and increased its support for Tier 1 storage use cases and mission-critical environments.
“There’s no question to us as we believe that the inaugural Gartner Magic Quadrant represents an inflection point for the solid-state array category,” said Scott Dietzen, CEO at Pure Storage. “A great deal of hard work and innovation by both Pure and its competitors has been invested in the creation of the all-flash array category, which we believe is positioned to supersede Tier 1 mechanical disk arrays, a roughly $15B annual market opportunity. AFAs like Pure’s FlashArray are plug-compatible with legacy disk arrays, but dramatically faster, more space and power efficient, reliable and simpler, yet cost less. Undoubtedly, the competition will continue to be fierce, as evidenced by the growing number of incumbents coming to compete on the playing field we staked out five years ago. However, we believe that with well satisfied customers and partners, the best team in the storage business, and a two year technology lead, we will prevail.”
Pure Storage is being ranked #2 in worldwide companies’ vendor revenue from shipments of SSAs, based on Gartner’s 2013 revenue estimates, and the fastest growing of the vendors evaluated.
According to Gartner, “Vendors in the Leaders quadrant have the highest scores for their Ability to Execute and Completeness of Vision. A vendor in the Leaders quadrant has the market share, credibility, and marketing and sales capabilities needed to drive the acceptance of new technologies. These vendors demonstrate a clear understanding of market needs; they are innovators and thought leaders; and they have well-articulated plans that customers and prospects can use when designing their storage infrastructures and strategies. In addition, they have a presence in the five major geographical regions, consistent financial performance and broad platform support.”
Founded in 2009, Pure Storage was a pioneer of the SSA category and was first to market with a viable enterprise-class all-flash storage array that could achieve cost and functional parity with legacy disk solutions, and quickly established itself in the incumbent entrenched enterprise storage market, culminating in its leader position in Gartner’s first Magic Quadrant for Solid-State Arrays today. The company has raised $470 million in private equity funding to-date and is valued at more than $3 billion, making it one of the highly valued, venture-backed private technology companies in the world according to the Wall Street Journal. Having achieved 700 percent year-over-year growth in 2013, Pure Storage is also one of the fastest growing enterprise storage companies in the industry’s history.