Pure Storage, Inc. (PSTG - Free Report) announced that it will enhance its FlashStack Converged Infrastructure Solution through the expansion of its collaboration with Cisco Systems (CSCO - Free Report) . The move is expected to facilitate easy deployment, expansion and maintenance of the solution for FlashStack customers.
At present, FlashStack customers include educational institutions, cloud service providers, governments, hospitals and financial service providers, who have all switched to an all-flash infrastructure through the deployment of FlashStack.
Benefits of the Collaboration
Easy Scalability:FlashStack enables organizations to scale up their desktops linearly and quickly without impacting the performance. Moreover, as the scale-up is done virtually, minimum system latency can be ensured.
Support: FlashStack supports the VMware virtualization software and many virtual desktop infrastructure (VDI) through Cisco Validated Designs.
Cost Reduction: Deployment of FlashStack with VDI will enable organizations to lower data center costs through virtualization.
Benefits for Pure Storage
With data centers shifting focus toward innovation, FlashStack is gaining traction among various organizations.
Pure Storage and Cisco have a number of collaborations for various technologies. While the FlashArray product line addresses structured workloads, FlashBlade has been designed to tackle unstructured workloads.
Such collaborations augur well for both the companies in the long run.
Moreover, as per an IDC report, by 2019, all-flash arrays will dominate the primary storage market, especially in the enterprise storage segment. This equates to a huge potential for both Pure Storage and Cisco to tap into.
Zacks Rank & Key Picks
At present, Pure Storage has a Zacks Rank #3 (Hold). A couple of better-ranked stocks in the broader technology space include NetApp, Inc. (NTAP - Free Report) , sporting a Zacks Rank #1 (Strong Buy), and Quantum Corporation (QTM - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Notably, NetApp’s current year consensus estimate have been revised upward to $1.62 (from $1.39 earlier) over the last 60 days.
However, Quantum’s current year consensus estimate fell to 2 cents (from 4 cents earlier) over the same period.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>