Pure Storage Named a Top 5 Vendor in Latest Quarterly Enterprise Storage Systems Report

According to the report, Pure revenue growing significantly faster than the market

IDC Names Pure Storage as Top Five Vendor in the External OEM Storage Space

Mountain View, Calif. – June 15, 2020 — Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today said it significantly outperformed the external storage market in the latest IDC Worldwide Quarterly Enterprise Storage Systems Tracker (Q1 2020) and is a top five vendor in the external OEM storage space.

According to IDC, Pure’s storage revenue grew 7.7% year-over-year in the first quarter in a market that shrank 8.2% overall. The all-flash array segment was the only external storage area to show growth in the IDC quarterly survey, with hard-drive storage plunging 18% and hybrid arrays shrinking 11.5%.

“We are extremely proud of Pure’s results and standing in the latest IDC Worldwide Quarterly Enterprise Storage Systems Tracker. Our momentum clearly demonstrates that our customers value and depend on the simplicity, reliability and flexibility of Pure and our solutions, especially in this critical time.”

Charles Giancarlo

Chairman and CEO, Pure Storage.

In its recent first quarter earnings report, Pure reported revenue of $367.1 million, up 12% year-over-year, with 37% gains in Subscription Services revenue which includes its Evergreen, Pure as-a-Service and Cloud Block Store offerings.

About Pure Storage

Pure Storage (NYSE: PSTG) gives technologists their time back. Pure delivers a modern data experience that empowers organisations to run their operations as a true, automated, storage as-a-service model seamlessly across multiple clouds. Pure helps customers put data to use while reducing the complexity and expense of managing the infrastructure behind it. And with a certified customer satisfaction score in the top one percent of B2B companies, 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 P Logo, Portworx, and the marks on the Pure Trademark List at www.purestorage.com/legal/productenduserinfo.html are trademarks of Pure Storage, Inc. Other names are trademarks of their respective owners.