StockNews.AI
PSTG
StockNews.AI
84 days

PURE STORAGE AND SK HYNIX COLLABORATE TO DELIVER PERFORMANCE AND ENERGY EFFICIENCY IN HYPERSCALE DATA CENTERS

1. Pure Storage partners with SK hynix to create advanced QLC flash storage. 2. New storage solutions target high-capacity, energy-efficient hyperscale environments. 3. Collaboration promises increased performance and reduced operating costs for customers. 4. Aim to deliver scalable and sustainable storage technology for modern data centers. 5. Pure Storage's Evergreen architecture enhances flexibility and reduces carbon footprint.

7m saved
Insight
Article

FAQ

Why Bullish?

This partnership enhances Pure Storage's capability to meet growing data demands, similar to past successful collaborations in storage technology that boosted stock performance.

How important is it?

The collaboration addresses key industry challenges and positions PSTG as a leading player in a growing market.

Why Long Term?

The demand for high-capacity storage solutions will continue to grow, positioning PSTG favorably over time.

Related Companies

SK hynixNVIDIAAMDWDC
, /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced a collaboration with SK hynix Inc, a pioneer in the global AI memory industry, to deliver state-of-the-art QLC flash storage products that meet the high-capacity, energy efficient requirements for data-intensive hyperscaler environments. Customer Challenge:Modern data centers require solutions that can provide high storage density capabilities without sacrificing performance or energy efficiency. Data bottlenecks can lead to decreased productivity and high energy costs, affecting overall company performance. Traditional storage solutions such as hard disk drives (HDDs) have limitations as they are unable to handle the high-capacity, data-intensive workloads of hyperscale data centers in the AI era. Customer Impact:Unlike traditional solutions, Pure Storage can deliver future DirectFlash Module products with SK hynix's QLC NAND flash memory that will be purpose-built for demanding hyperscaler environments. Benefits include: Sustained High Performance - Integrating Pure Storage's cutting-edge data storage platform with SK hynix's advanced QLC NAND technology enables ultrafast, low-latency, and highly reliable solutions geared towards exascale, data-intensive workloads. Increased Energy Efficiency - The SK hynix and Pure Storage collaboration will provide lower energy consumption, helping customers overcome power availability constraints, lower operating costs and ultimately decrease the organization's overall carbon footprint. Improved Scalability & TCO - Unlike standard HDDs, the combined solution will provide highly rack-dense and scalable systems, offering a compelling total cost of ownership, while addressing demanding storage scalability needs. Executive Insights:"This collaboration with SK hynix is an exciting step in our mission to deliver superior all-flash storage technology to hyperscalers. By combining SK hynix's advanced QLC products with Pure Storage's host-based flash management architecture, we can deliver an optimized solution for the hyperscale production environment and AI infrastructure. Pure Storage can further elevate performance, scalability, reliability, and energy efficiency, addressing the unique demands facing today's data-centric industries." – Bill Cerreta, GM, Hyperscale, Pure Storage "Hyperscalers are constantly searching for data storage technology that doesn't limit their potential innovation, but propels it to unforeseen levels. SK hynix's NAND technology, combined with Pure Storage's robust platform, presents a formidable option for data center operators focused on maximizing performance, efficiency, and scalability. Together, we are empowering hyperscale environments to tackle burgeoning data volumes with cutting-edge, sustainable storage solutions." – Sam Lee, EVP, Head of Global Sales and Marketing, SK hynix For more information, visit Pure Storage and SK hynix. About Pure StoragePure Storage (NYSE: PSTG) delivers the industry's most advanced data storage platform to store, manage, and protect the world's data at any scale. With Pure Storage, organizations have ultimate simplicity and flexibility, saving time, money, and energy. From AI to archive, Pure Storage delivers a cloud experience with one unified Storage as-a-Service platform across on premises, cloud, and hosted environments. Our platform is built on our Evergreen architecture that evolves with your business – always getting newer and better with zero planned downtime, guaranteed. Our customers are actively increasing their capacity and processing power while significantly reducing their carbon and energy footprint. It's easy to fall in love with Pure Storage, as evidenced by the highest Net Promoter Score in the industry. For more information, visit www.purestorage.com. Pure Storage, the Pure Storage P Logo, Pure Realize, Pure1, FlashBlade//EXA, and the marks in the Pure Storage Trademark List are trademarks or registered trademarks of Pure Storage Inc. in the U.S. and/or other countries. The Trademark List can be found at purestorage.com/trademarks. Other names may be trademarks of their respective owners. SOURCE Pure Storage WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News