Pure Storage Inc.

10/03/2024 | Press release | Distributed by Public on 10/03/2024 07:33

Unlock a Cloud-like Purchasing Experience with the Flexibility and Cost Efficiency of Universal Credits

In today's fast-paced digital world, change isn't only inevitable-it's constant. Organizations are racing to keep up with emerging technologies like AI, managing unpredictable data growth, and adapting to ever-shifting market demands. Amidst this uncertain environment, one challenge persists: balancing agility with financial control.

Traditional IT procurement models for storage force organizations into rigid commitments, often leading to overprovisioning and inflated costs. Predicting storage needs years in advance, at a time when data can grow rapidly overnight, is a challenge even the most seasoned procurement forecaster may find daunting. Traditional storage acquisition demands that you lock in specific capacities and services well in advance, turning IT planning into a high-stakes guessing game. This scenario not only hampers innovation but also strains budgets, leaving little room for strategic initiatives.

Consider the challenge of launching a new AI initiative. The potential is enormous, but the storage requirements are uncertain. The result is often wasted resources and stifled agility. In a world where business needs can change in the blink of an eye, this rigidity is more than inconvenient-it's a barrier to progress. Organizations need a procurement model that offers flexibility without sacrificing financial predictability.

But what if there were a way to break free from these constraints? What if you could adapt on the fly while maintaining predictable budgets and optimizing costs? Enter Pure Storage Universal Credits-a consumption approach that redefines IT procurement and brings you closer to delivering IT as a service.

Universal Credits: Flexibility Unleashed

Imagine approaching IT procurement the way you handle a streaming service subscription. You pay for access and decide later what content to consume. Universal Credits operate on a similar principle.

Universal Credits are a flexible purchasing model where you buy a pool of credits upfront, which can be redeemed for a variety of services as your needs evolve. Whether it's Evergreen//One ™, Pure Cloud Block Store™, or soon, Portworx®, you have the freedom to activate the services you need, precisely when you need them.

This model decouples the buying process from consumption, allowing you to activate services on demand without negotiating new contracts. You can scale resources dynamically to align with real-time business requirements and optimize costs by paying only for what you use.

Universal Credits also empower teams with self-service activation. This means IT can deploy services rapidly without administrative delays, enabling a swift and efficient response to business needs. There's no need to navigate lengthy approval processes or deal with procurement bottlenecks-IT resources are available at your fingertips.

The flexibility doesn't end there. Any unused credits can be rolled over through a contract extension, eliminating the pressure of a "use it or lose it" scenario. This provides financial flexibility and peace of mind, ensuring that every dollar invested continues to provide value.

This agility extends beyond IT operations, simplifying purchasing processes and providing financial predictability. By fostering collaboration between IT, procurement, and finance departments, Universal Credits ensure everyone is on the same page when it comes to acquiring IT resources.

IT, Procurement, and Finance, Unite!

By committing to a pool of credits upfront, you gain clear visibility into your IT spending. Larger commitments over longer terms unlock bigger discounts, enhancing your return on investment and optimizing your budget. Procurement teams benefit from a simplified purchasing process. By consolidating multiple services into a single agreement, they reduce complexity, administrative overhead, and total cost of ownership (TCO). The ability to roll over unused credits adds another layer of financial flexibility and safeguards against financial waste. Instead of facing the pressure to utilize all resources before a contract expires, you can extend the value of your investment, ensuring that funds are not wasted but are available when needed.

One Step Closer to IT as a Service

Need additional storage to support a sudden surge in data demand? Simply allocate more credits. Launching a new project that requires a high-performance storage profile? Activate credits instantly from your existing pool.

Universal Credits bring you a significant step closer to delivering IT as a service-a flexible, responsive IT environment that adapts to your business, not the other way around. With Universal Credits, Pure Storage is not just introducing a new purchasing model-we're embracing a cloud-centric approach that mirrors the best aspects of SaaS and cloud providers.

This flexible consumption model allows you to adjust resource allocation dynamically based on real-time needs, capitalizing on opportunities as they arise. And with automated renewals, Universal Credits ensure continuous service delivery and reduce administrative overhead. This level of responsiveness not only accelerates project timelines but also positions your organization to seize new opportunities and stay ahead in a competitive landscape.

The introduction of Universal Credits isn't just a new purchasing model; it's a testament to Pure Storage's ongoing commitment to simplicity, innovation, and leadership in the storage-as-a-service (STaaS) landscape. Combined with Evergreen//One, Pure's industry-leading STaaS offering, Universal Credits propel your organization into a new era of flexibility, efficiency, and strategic advantage.

The Evolution of Evergreen//One

Evergreen//One provides a unified subscription model for block, file, and object storage across private and public environments. It's more than just storage-it's a comprehensive service that eliminates the complexities of hands-on infrastructure management. With 10 SLAs and guarantees covering performance, zero downtime,
energy efficiency, and even paid power and rack benefits, Evergreen//One ensures that your storage infrastructure delivers consistent, reliable outcomes, reducing risk for your organization.

Recent enhancements to Evergreen//One include:

  • Evergreen//One for AI: A new service designed for AI workloads that delivers performance guarantees based on the maximum bandwidth requirements of GPUs and accelerators. Evergreen//One for AI empowers organizations to easily scale storage resources as their AI needs grow while minimizing infrastructure management complexity.
  • Cyber Recovery and Resilience: Add-on service that helps organizations quickly recover from cyber incidents or disasters, including clean infrastructure shipment, data recovery, and remediation services.
  • Site Rebalance: Add-on service that allows customers to reallocate storage capacity between sites, providing flexibility to adapt to changing business needs without waiting for the end of the subscription term.

Additionally, Evergreen//One's expansion has reached 32 countries and counting, enabling more organizations worldwide to leverage best-in-class all-flash storage as a service.

Ready to Transform Storage Procurement?

The future waits for no one. With Universal Credits and Evergreen//One, you can seize opportunities as they arise with confidence in your ability to adapt and succeed. Contact your Pure Storage representative today to discover how you can revolutionize your IT operations and drive your business forward.

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