Pure Storage's SLAs Bolster Cyber Resilient Services

Pure Storage, Inc. PSTG recently announced three cutting-edge Storage-as-a-Service (STaaS) service-level agreements (SLAs) for the Pure Storage platform to aid enterprises in ensuring data protection and infrastructure resilience.
The initiative is likely to allow businesses to guarantee results and cut down risk in their critical data infrastructure. As AI is bringing significant changes to the business world, both for better and for worse, the rise in cyber attacks is becoming prominent. Therefore, the need for flexible and responsive IT infrastructure has never been more pressing.
Evergreen architecture, which forms a premium part of PSTG's offerings, delivers continuous and non-disruptive upgrades to aid enterprises in adapting to dynamic business environments.
The company's Evergreen//One subscription will now include disaster recovery scenarios.
The new Cyber Recovery and Resilience SLA expands on PSTG's pioneering ransomware recovery SLA by incorporating disaster recovery scenarios. This service provides a customized recovery plan, ships clean service infrastructure within a defined SLA and includes onsite installation and additional professional services for data transfer, highlighted PSTG.
Furthermore, PSTG will join forces with organizations to build and maintain an end-to-end cybersecurity strategy, with ongoing quarterly reviews to ensure optimal practices, risk evaluations and operational security remediation.
In addition to the enhanced Cyber Recovery and Resilience SLA, PSTG has introduced a new Security Assessment service. This offering provides deeper insights into fleet-level security risks and optimizes cyber resilience with actionable recommendations.
Leveraging aggregated intelligence from more than 10,000 environments, the Security Assessment displays numerical points from 0 to 5 to benchmark the security posture of the entire storage fleet, aligning with NIST 2.0 standards and boosting regulatory compliance.
Accompanying this assessment is a new AI copilot, which empowers Chief Information Security Officers with the ability to benchmark their security posture against other PSTG customers.
Apart from these, PSTG has unveiled an AI-Powered Anomaly Detection Enhancement innovation, which expands on its previous ransomware detection capabilities. This feature uses multiple machine learning models to detect unusual "anomalous behavior" such as ransomware attacks, unusual activity, malicious behavior and Denial of Service attacks. By analyzing customer environments with historical data, the solution can pinpoint the last known good snapshot copy, enabling organizations to quickly restore data and reduce tedious operational tasks.
Lastly, the company introduced the new Evergreen//One Site Rebalance SLA, which delivers service flexibility for organizations looking to adjust their existing storage commitments as their requirements grow.
Mountain View, CA-based Pure Storage provides software-defined all-flash solutions that are uniquely fast and cloud-capable for customers. It became a public company in October 2015. Currently, the company's customer base comprises more than 12,000 organizations, including more than 60% of the Fortune 500.
In the last reported quarter, PSTG's revenues soared 18% from the year-ago quarter to $693.5 million, surpassing the Zacks Consensus Estimate by 1.8%. The uptick was driven by higher sales to new and existing enterprise customers across the data storage platform.
At present, Pure Storage carries a Zacks Rank #3 (Hold). Shares of the company have gained 81.3% compared with the sub-industry's growth of 126.3%.

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