Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Pure Storage, Inc.    PSTG

PURE STORAGE, INC.

(PSTG)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Pure Storage : unveils NVIDIA-powered solutions for AI systems

share with twitter share with LinkedIn share with facebook
share via e-mail
03/21/2019 | 12:59am EST

Pure Storage has announced a complete portfolio of solutions for any AI initiative, from early inception to large-scale production.

According to the firm, an all-new hyperscale configuration of AI-Ready Infrastructure (AIRI) is designed to deliver supercomputing capabilities for enterprises that pioneer real-world AI initiatives and have grown beyond the capabilities of AI-ready solutions currently available in the market.

Matt Burr, Pure Storage

Built jointly with the leaders of AI supercomputing, NVIDIA and Mellanox, hyperscale AIRI delivers multiple racks of NVIDIA DGX-1 and DGX-2 systems with both Infiniband and Ethernet fabrics as interconnect options. In addition, Pure Storage announced FlashStack for AI, a solution built jointly with Cisco and NVIDIA, to bring AI within reach for every enterprise.

AIRI is purpose-built to enable data architects, scientists, and business leaders to operationalise AI-at-scale for every enterprise.

Pure Storage’s full spectrum of AI solutions, including hyperscale AIRI and FlashStack for AI, is built to address the manageability challenges and productivity barriers by delivering a seamless and flexible end-to-end AI pipeline solution.

Hyperscale AIRI, now supporting NVIDIA DGX-2, delivers a simple yet powerful architecture to allow

organisations to utilise the true power of AI by eliminating the challenges that prevent organisations from deploying AI-at-scale.

With NVIDIA NGC software container registry and AIRI scaling toolkit, data scientists can begin building applications with containerised AI frameworks and rededicate time to deriving valuable insights from data. In addition, integration with Kubernetes and Pure Service

Orchestrator means any IT team can deliver an AI-infrastructure with cloud-like elasticity. Hyperscale AIRI allows enterprises to scale beyond NVIDIA DGX-1 to DGX-2.

“Businesses from a variety of industries are discovering that AI is necessary to tackle existing problems and create new opportunities,” said Matt Burr, GM of FlashBlade, Pure Storage. “For example, healthcare organisations from around the world are using AI to bring advancements to treatments and quality of care. AI is complex and in its early stages, which means the solutions built to enable AI must be straightforward and user-friendly. Hyperscale AIRI is designed to bring supercomputing capabilities to pioneers of real-world AI without the complexities that often occur when scaling across multiple racks.”

FlashStack delivers AI for everyone

FlashStack for AI, built with Cisco UCS C480ML and Pure Storage FlashBlade, brings AI within reach of customers with traditional analytics.

With FlashStack for AI, enterprise IT teams can deliver a simplified, end-to-end AI pipeline with a wide range of Cisco-certified UCS servers powered by NVIDIA GPU CUDA accelerated AI libraries integrated with Pure Storage’s data hub.

“FlashStack is a cutting-edge converged infrastructure designed to deliver outstanding performance and reliability. With the addition of the UCS C480 ML, FlashStack for AI is extending the existing infrastructure to support AI/ML workloads without adding new infrastructure silos,” said Todd Brannon, Senior Director of Product Marketing for UCS Portfolio, Cisco.

The post Pure Storage unveils NVIDIA-powered solutions for AI systems appeared first on TahawulTech.com.

(c) 2019 Corporate Publishing International. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
CISCO SYSTEMS, INC. -1.18% 46.295 Delayed Quote.-3.47%
PURE STORAGE, INC. -3.19% 17.88 Delayed Quote.4.50%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on PURE STORAGE, INC.
02/18PURE STORAGE : Joins Google Cloud Anthos Ready Storage Initiative
PR
02/07PURE STORAGE : to Announce Fourth Quarter and Full Year Fiscal 2020 Financial Re..
PR
2019PURE STORAGE : Management's Discussion and Analysis of Financial Condition and R..
AQ
2019PURE STORAGE : Nu Skin Chooses Pure Storage for Hybrid Cloud Nirvana
PR
2019Nordstrom and Gap gain while Tesla and Pure Storage slide
AQ
2019PURE STORAGE : Fiscal 3Q Earnings Snapshot
AQ
2019PURE STORAGE, INC. : Results of Operations and Financial Condition, Change in Di..
AQ
2019PURE STORAGE : Announces Kevan Krysler as New Chief Financial Officer
PR
2019PURE STORAGE : Announces Third Quarter Fiscal 2020 Financial Results
PR
2019PURE STORAGE : to Announce Third Quarter Fiscal 2020 Financial Results
PR
More news
Financials (USD)
Sales 2020 1 640 M
EBIT 2020 51,5 M
Net income 2020 -197 M
Finance 2020 812 M
Yield 2020 -
P/E ratio 2020 -22,5x
P/E ratio 2021 -26,7x
EV / Sales2020 2,34x
EV / Sales2021 1,92x
Capitalization 4 656 M
Chart PURE STORAGE, INC.
Duration : Period :
Pure Storage, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PURE STORAGE, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 22
Average target price 20,29  $
Last Close Price 17,88  $
Spread / Highest target 45,4%
Spread / Average Target 13,5%
Spread / Lowest Target -21,7%
EPS Revisions
Managers
NameTitle
Charles H. Giancarlo Chairman & Chief Executive Officer
Paul Stanley Mountford Chief Operating Officer
Kevan Krysler Chief Financial Officer
John Colgrove Director & Chief Technology Officer
Cathleen Southwick Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
PURE STORAGE, INC.4.50%4 656
DELL TECHNOLOGIES INC.0.64%37 742
HP INC.10.17%32 987
WESTERN DIGITAL8.81%20 022
HEWLETT PACKARD ENTERPRISE COMPANY-10.59%18 337
SEAGATE TECHNOLOGY PLC-9.16%14 102