- Pure Storage's (PSTG, Financial) collaboration with Red Hat leads to 30-50% cost savings for enterprises.
- The partnership enhances flexibility for VM workload management across cloud and on-premise environments.
- Red Hat OpenShift Virtualization Engine simplifies the transition from virtual machines to containers.
Pure Storage (PSTG) has announced its groundbreaking collaboration with Red Hat to introduce Portworx for KubeVirt, a software-defined storage solution crafted specifically for virtual machine (VM) workloads on Kubernetes, utilizing the Red Hat OpenShift Virtualization Engine.
This partnership is set to accomplish significant cost savings for enterprises, with a reported reduction of 30% to 50% in virtualization spending compared to traditional methods. The solution caters to organizations eager to transition their VM workloads into containers, easing management and migration while paving the way for a phased approach to long-term application modernization.
Portworx for KubeVirt provides enterprises with great flexibility in deploying applications and managing data across various environments, including on-premises, public cloud, edge, or hybrid setups. This flexibility supports the customization of modernization timelines according to the specific needs of the business, avoiding an all-at-once transition to cloud-native architectures.
By tapping into Red Hat's established enterprise market presence, Pure Storage is poised to strengthen its market position further. The integration of Portworx enhances the virtualization functionality of Red Hat OpenShift, enabling more straightforward VM operations.
This collaboration signifies Pure Storage's continued growth beyond hardware into comprehensive data management solutions, signaling potential expansion into high-margin software and services for investors.
