TECH BUYER Apr 2021 - IDC Perspective - Doc # US47577621

Pure Storage: The Year 2020 in Review

By: Eric BurgenerResearch Vice President, Infrastructure Systems, Platforms and Technologies Group

Abstract

This IDC Perspective reviews the vendor's evolution during 2020, calling out a number of important developments that continue to reinforce the vendor's position as the customer experience leader in enterprise storage. 2020 was a tough year for many enterprise storage vendors. Despite the economic headwinds, Pure Storage turned in low but positive revenue growth of 2.5% for the fiscal year ending January 31, 2021 and introduced a number of key new products and services that are well matched to the requirements of digitally transforming customers. As the economy begins to return to growth in 2021, the vendor is well positioned for success.

"Despite a difficult year for all IT infrastructure providers in 2020, Pure Storage turned in positive revenue growth, introduced many new features and capabilities that address evolving customer requirements, and positioned the company well for future growth with its sights set on its next financial goal of $5 billion in revenue," said Eric Burgener, research vice president, Infrastructure Systems, Platforms and Technologies, at IDC.


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