Setting a 2040 perspective; Indian Chemical Industry Marching to USD 1 Tn by 2040

Mumbai,3rd March 2023 -: Indian Chemical Council (ICC), the apex national body representing the Indian Chemical and Petrochemical Industry, released a whitepaper ‘India: The next chemicals manufacturing hub,’ at the Sixteenth Annual India Chemical Industry Outlook Conference and Exhibition held on March 1st and 2nd at Taj Lands End, Bandra, Mumbai, with McKinsey & Company as the knowledge partner for the event.

ICC released the whitepaper, at a crucial juncture when India has been a global outperformer in demand growth and shareholder wealth creation in the chemical sector over the last decade.

The whitepaper presented the 2040 outlook for the Indian chemical industry and benchmarks for India’s manufacturing competitiveness vs other key global chemical clusters. The whitepaper brought to light significant findings in potential challenges across various segments and the effective ways to tackle them. The report dwelled at length on the importance of global and local companies reflecting upon the resource allocation mix, the business model, and the overall business strategy. It also laid out winning opportunities for the Indian chemical industry to become the next chemicals manufacturing hub.

“Currently valued at around USD 220 billion, the Indian chemical industry is expected to touch USD 300 Billion by 2025 and reach the USD 1 Trillion mark by 2040, fuelled by growth in per capita income and consumption levels. It is predicted that demand for speciality chemical segment is expected to grow at a pace of over 15% CAGR. With 100% FDI allowed through the automatic route and tremendous headroom for growth, the Indian chemical sector is well positioned for receiving large FDIs from global MNCs, said Shri. Arun Baroka I.A.S., Secretary – Chemicals & Petrochemicals, Ministry of Chemicals & Fertilizers.

On the sidelines of the conference, a grand exhibition, has been organized to showcase the products and innovations in the chemical sector across various verticals. The Expo is a great opportunity for the companies to make new business connections, reinforce old ones, demonstrate technical capabilities, and learn what their peers are doing.

Meanwhile, the ICC has entered into an MoU with the Institute of Chemical Technology (ICT) in order to establish a “Center of Excellence.” The two institutions have agreed to cooperate and work together on multiple levels to identify key R&D areas for immediate and future requirements with a focus on MSMEs

Dr Srikar Reddy I.F.S., Joint Secretary of Commerce while delivering the key note address highlighted on the recent CEPA with UAE which will boost the Indian Chemical Trade. The

CEPA is expected to increase the bilateral trade in goods to USD 100 billion within five

years of the signing and increase trade in services to USD 15 billion.

Mr Nikhil Meswani, Executive Director, Reliance Industries, while delivering the Key Note address stressed on Sustainability which is no more a buzzword but an imperative. He outlined the importance of the responsible growth of Chemical industry with specific focus on how the “World of Oil to Chemicals should evolve in a sustainable manner”.

Mr. Erik Fyrwald, Global CEO of Syngenta, world’s largest Agro Chemical Company, gave insights on how MNCs are shaping their Global Play and Mr Chris Musso of McKinsey & Co., USA spoke on the “Global Chemicals scenario” and how it is inter-linked with an emerging economy like India, towards achieving the USD 1 Trillion mark.

Key features of the two-day conference included the “Model Factory in A Box” a tabletop factory demonstration presented by McKinsey and Company, showcasing its unique offerings in capability building, and an exclusive chat with Mr Nadir Godrej, CMD of Godrej Industries Ltd and Mr R Mukundan, MD & CEO of Tata Chemicals on Thinking Back and Looking Ahead.

Earlier, Mr Bimal Goculdas, President ICC and MD & CEO of DMCC Specialty Chemicals Ltd while welcoming the participants, said that the current edition of the conference offered a unique opportunity for everyone, whether it’s a CEO, business owner, a start-up, an entrepreneur, or simply interested in the latest trends and developments. The event provided a platform for networking, learning, and exploring new ideas and innovations.

He said that more than 100 CEOs, 80 CXO level speakers, 500 delegates from various parts of the world are attending the event.

Mr Rajen Mariwala Vice President, ICC and MD, Eternis Fine Chemicals proposed the vote of thanks.

National Science Day: Vedanta invites students to experience the ‘Science of Aluminium’

New Delhi;3rd March 2023 – On the occasion of National Science Day, Vedanta Aluminium, India’s largest producer of aluminium, invited the students at Women’s Degree College, Jharsuguda to experience the ‘Science of Aluminium’ at its mega aluminium smelter in Jharsuguda, Odisha, as part of its Campus Connect program. With the aim of inspiring ambitious students to opt for higher education in STEM (Science, Technology, Engineering & Mathematics) fields, and aspire for careers in the manufacturing industry, the company took them on an extensive tour of its operations. This is the latest instance of the company’s Campus Connect initiative, as part of which thousands of students from leading schools and colleges across India have been introduced to the possibilities offered by the world of science, engineering and high-tech manufacturing.

Vedanta’s ‘Science of Aluminium’ initiative is an informative bridge between classroom learning and applied learning, bringing students closer to concepts they may have only learnt theoretically. It also seeks to encourage female students in particular, who show an inclination towards science-related subjects to build their careers in this field, as they are under-represented in science streams. In another example of this initiative, the company featured an innovative display demonstrating the process of manufacturing aluminium from bauxite ore (with actual samples of each) at the Make in Odisha Conclave 2022. The exhibit was a huge draw with several thousands of visitors, including students, thronging the Vedanta stall to experience it.

At Vedanta Aluminium, science forms the basis of the company’s state-of-the-art aluminium and power operations. The company leverages scientific advancements to produce the highest quality of aluminium for sophisticated applications in aerospace, aviation, renewable energy, electric vehicles, electricity transmission, building & construction, pharmaceuticals, packaging, and many other industries. It is also present in the company’s endeavours to promote a circular economy through innovations to recycle and reuse industrial wastes and ensure judicious usage of raw materials. Diverse branches of science and engineering such as geology, metallurgy, computer sciences, data sciences, chemical engineering, electrical engineering, and several others, find numerous applications across Vedanta Aluminium.

During the Campus Connect session, employee volunteers demonstrated scientific concepts behind the production of aluminium, such as Bayer’s process (for producing alumina from bauxite), Hall-Héroult process (for smelting aluminium from alumina), power generation and casting processes.

Speaking on the significance of the initiative, Mr. Rahul Sharma, CEO – Vedanta Aluminium, said, “As the metal of the future, aluminium holds limitless potential to shape a better, more sustainable tomorrow for us and the generations to come. Science is a captivating domain and aluminium manufacturing features some of its most remarkable applications. At Vedanta Aluminium, we use the world’s best technologies to develop cutting-edge products that will transform the future in new, exciting and sustainable ways. It is therefore our constant endeavour to engage with younger generations who will actively be driving that transformation as tomorrow’s leaders and share with them the fascinating advancements and challenges of today’s technologies. Through these efforts, we hope to inspire them towards partaking in the tremendous opportunities offered by the world of science. Our Campus Connect programme is helping thousands of students gain from an interactive and live learning experience beyond their classrooms to kindle an enduring passion in this field.”

Thanking the company for facilitating the industrial visit, Sharada Patra, an engineering student from Women’s Degree College, Jharsuguda, said, “The visit to Vedanta Aluminium’s smelter was an exciting experience. Seeing the science of aluminium production first-hand helped us imbibe the theoretical learnings of classroom sessions through a practical experience. The world of science feels a lot less daunting and a lot more exciting to me as a result of this. I thank Vedanta Aluminium for organizing this illuminating visit.”

Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.27 million tonnes in FY22. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2nd in the Dow Jones Sustainability Index (DJSI) 2022 world rankings for aluminium industry, a reflection of its sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow. www.vedantaaluminium.com

IFF 2023: Industry says Metaverse, ChatGPT, AR to create smarter shopping experience, Indian market to grow over next 5 years

Bangalore, 3rd March 2023 – The 22nd edition of India Fashion Forum (IFF), India’s biggest fashion intelligence event, witnessed highly interactive sessions in Bengaluru today with leaders, key stakeholders, experts and delegates, from across the fashion ecosystem, gathered to discuss emerging trends like AI, metaverse, Augmented Reality and AI, seamless shopping experiences and the prospects of as many as 100 Indian cities in generating new business opportunities in the post-pandemic fashion landscape.

This year’s theme is ‘Decoding the DNA of Profitability: Growth defined by Value Creation’

Shailesh Chaturvedi, 22nd IFF Chairman, Industry Thought Leader, MD & CEO, Arvind Fashions welcomed the attendees along with outgoing IFF Chairman Akhilesh Prasad, President and CEO, Fashion & Lifestyle Business, Reliance Retail.

Akhilesh Prasad remarked about the formidable position of India in the global market given her 5000-years of uninterrupted civilization. “Over the next five to seven years, the Indian market will be dominated by innovative Indian wear unlike China whose civilization got interrupted after their cultural revolution.”

While the delegates deliberated on the importance of profitability in comparison with growth, the concept of tech-driven consumer experiences got everyone’s attention. Top representatives from brands like Tasva, Bhima Jewels, Bestseller India, Lifestyle International, Celio, Ayesha Fashion, Kompanero and Being Human Clothing discussed various aspects of marketing and innovation with profitability at its core.

Speaking about what would work in the future, Saloni Nangia, President, Technopak said, “Smart trial rooms, grab and go self checkouts, ChatGPT, Augmented Reality driven consumer/employee experience and 5G driving digitisation will be key factors in redefining customer experiences.”

“Six years ago at IFF, we spoke about omnichannel format, a trend that was still in its nascent stage. We said that it had to be a part of our life. Today, I think Artificial Intelligence, Virtual Reality and Metaverse will be a part of our daily lives. Though a Metaverse store may not have a Return on Investment now, we have to invest. This is without dismissing the relevance of brick and mortar stores,” said Sanjeev Rao, CEO, Being Human Clothing.

Earlier in the day, in his inaugural speech, Shailesh Chaturvedi underscored the need for brands to shift their focus on building their capabilities so as to be prepared to tackle short or medium term headwinds. He further added, “When we move from the known to unknown markets there is always a lot of value to create.”

In the other sessions, panelists also discussed about the huge opportunity in smaller markets, digital marketing, micro influencers and globally relevant topics such as waste reduction by brands, retailers and manufacturers as well as personalisation and innovation vs consumer experience.

In the inaugural session where brand custodians presented their profitability strategy in 60 seconds, Rajesh Jain, MD & CEO, Lacoste India, revealed five pillars behind the success of his brand. “Top line, bottom line, expansion/growth, talent development and customer delight are key. Everything else is coincidental.”
Preeti Gupta, Business Head, Nykd, Nykaa and Gloot gave a synopsis of how the market is entrenched in consumer truth.

Jaydeep Shetty, Consulting Partner, Greenhonchos, spoke about Customer and Brand Love. Advising his counterparts that they see online stores as a separate channel and not as a subset, he added, “In retail and fashion, we began adjusting our minds to allot certain percentages to online and physical store presences. People shop whether they are happy, sad or are celebrating something special. Brands are no longer holding customers captive. They are in the customer’s home/mobile phones.”

On the whole, technology and consumer data stood out as the most important factors driving business growth among the speakers in these sessions.

With over 50+ conferences and 200+ speakers sharing their insights over the two days, IFF 2023 also welcomed UK delegates on their first-of-its-kind fashion and beauty trade mission to India. Brands like Lush, Benny Hancock, Jennifer Young and Lilly and Sid to name a few will showcase their offerings and innovation to potential distributors here.

Some of the sessions over the two days include unified commerce as the future of retail, omnichannel in fashion, social media, personalization, sustainability, profitability, mall strategy, global green initiatives in fashion and artificial intelligence.

Among the speakers at the 22nd IFF are: Shailesh Chaturvedi, MD & CEO, Arvind Fashions Limited; Akhilesh Prasad, President and CEO, Fashion Lifestyle Business, Reliance Retail; Amisha Jain, MD & SVP, South Asia, Middle East, Africa, Non-EU, Levi Strauss & Co; Dilip Kapur, President, Hidesign; Rajesh Jain, MD & CEO, Lacoste India; Dr. Naresh Tyagi, Chief Sustainability Officer, Aditya Birla Fashion and Retail and Revathi Kant, Senior VP and CDO, Titan Company among others.

Adani Wilmar launches Kohinoor Biryani Kit that helps in preparing authentic biryani in 30-minutes

3rd March 2023 –Adani Wilmar Limited (AWL), one of the largest growing packaged food FMCG companies in India, has announced the launch of Kohinoor Hyderabadi Biryani Kit as part of their expansion of the ready-to-cook range. Under the Kohinoor brand, the do-it-yourself (DIY) biryani kit helps connoisseurs prepare restaurant-like authentic biryani in 30 minutes. The brand-new offering will be available in two variants – Hyderabadi which will be followed by Lucknowi, priced at Rs 159.

Talking about the launch of its new biryani kit range, Mr. Vineeth Viswambharan, Associate Vice President, Sales & Marketing, Adani Wilmar Limited said: “Biryani is India’s most loved dish. However, getting the taste right when prepared at home can be challenging. Kohinoor Biryani Kit not only helps ease the preparation process but also captures the authentic quality of the dish in no time. We believe this will make a great addition to our existing product portfolio and will strengthen our presence in the ready-to-cook segment.”

The kit comprises 200g of best quality authentic basmati rice, 125g of biryani masala paste, 2g of whole aromatic spices, and 12g of raita seasoning. Vegetables or meat can be added during preparation.

The product is currently available on Amazon, on the company’s own D2C app Fortune Online and its retail stores Fortune Mart.

‘Biryani’, a widely enjoyed food of celebration, is mostly ordered through food delivery applications. Kohinoor Biryani Kit will be available in modern format stores such as Reliance, D-Mart, etc., and through e-commerce platforms like Swiggy, Big Basket, Flipkart, BlinkIt and general trade stores, which include self-service and high-end stores.

Earlier in 2022, Adani Wilmar acquired the renowned Kohinoor Brand – domestic (India region) from McCormick Switzerland GMBH.

UPES School of Business Launches India’s First MBA In Metaverse and Web 3.0

India, 3rd March 2023 –UPES School of Business has announced the launch of first-of-its-kind MBA program, which will allow students to specialize in Metaverse and Web 3.0. With the introduction of this innovative program, UPES School of Business offers MBA aspirants a comprehensive understanding of the Metaverse, Blockchain, and Web 3.0 ecosystems.

The curriculum of this two-year program has been designed with three main principles in mind: theoretical knowledge of the Metaverse, immersive experiences through meta labs, and practical experience with companies working in the Metaverse arena.

Rahul Nainwal, Director, UPES School of Business, shares “Metaverse and Web 3.0 will witness a surge in demand in the next two to three years. This new MBA program will blend business and technology subjects, including fundamental management courses, blockchain, metaverse marketing, Web 3.0 ecosystem, virtual economics, and more. As the B-School for the digital world, we aim to equip students with the necessary future-ready skills to navigate Web 3.0 and other emerging technology ecosystems.”

Dr. Akhil Damodaran, Faculty and head of the department leading the MBA Metaverse program elaborates “Most universities and institutions currently work on Metaverse as a research area or have minor modules that primarily focus on theoretical knowledge. UPES School of Business has already experimented with classroom teaching in the Metaverse. The program aims to teach students how to work in the Metaverse through branding, marketing, and analytics. This approach will equip students with the essential skills necessary to lead the emerging market of Metaverse.”

With the launch of this new MBA program, UPES School of Business endeavors to prepare future business managers and leaders well-versed in Web 3.0, such as product managers and chief Metaverse officers. Undeniably, the Metaverse and Web 3.0 will emerge as the dominant business ecosystems in the coming years and will require management professionals trained to lead the way in the ever-evolving digital landscape.

EIRC of ICAI organised the Late S Vaidya Nath Aiyar Memorial Lecture

Kolkata: The Newly formed Eastern India Regional Council for the year 2023 – 24 of the Institute of Chartered Accountants of India organised the Late S Vaidya Nath Aiyar Memorial Lecture on 24th February 2023. Keeping up with the tradition of the past, EIRC invited noted Economist Prof. (Dr.) Suman Kumar Mukherjee to speak on the subject “Balancing India’s Rapid Economic Growth with Sustainability.”

The topic selected is very much relevant as Economic growth, Social inclusion, and Environmental conservation are the three key components of long-term sustainable development. Harmonizing them is crucial towards the achievement of a Balanced growth of any country. Sustainable development requires long-term economic growth, a stable livelihood, living in harmony with nature, and the use of appropriate technology in pursuance with nature.

Women’s Day Quote – Saumya Singh Rathore, Co-Founder, WinZO games

Saumya Singh Rathore - Co-Founder - WinZO games

By Saumya Singh Rathore, Co-Founder, WinZO games 

“Online gaming requires use of cutting-edge technologies such as artificial intelligence, machine learning, and computer vision to create more immersive and engaging gaming experiences. The need to develop low latency apps, irrespective of the kind of device used by the consumer, makes it extremely complex. In India, the representation of women in these fields is low. Studies have shown that only 28% of STEM graduates in India are women, and only 14% of the STEM workforce is female. However, the number of women participating in the digital industry is increasing. As the number of female gamers in India is increasing, there is an opportunity for more and more women to take on leadership roles in the industry.

As one of the few women leaders in the industry, I’ve had to win many battles around gender stereotypes. Like any other problem, my strategy to solve this one is to gather all my resources – an enabling co-founder, meritocratic team that doesn’t remember your gender, and a cap-table that believes in capabilities and business model and can see the company beyond your gender. On difficult days, I remember my growing up days as a kid from a typical Indian middle class family. With all hurdles and limited resources in a competitive environment, you had no option but to excel. At times the only option is to get through with a lot of hard work and all your supporters and believers by your side helping unlock real potential” –

Simplilearn Further Strenghtens It’s Leadership: Andrew Wait Appointed as a Board Member

Mumbai, 3rd March 2023 –: Simplilearn, the world’s #1 online bootcamp for digital economy skills, today announced the addition of Andrew Wait to the company’s board of members. Andrew’s on-boarding announcement comes on the back of the latest round of fundraising from a consortium led by GSV Ventures, a multi-stage venture capital firm, followed by the company’s acquisition of U.S.-based bootcamp education company, Fullstack Academy. In addition to GSV Ventures, Clal Insurance, and DisruptAD, ADQ’s venture platform, were also part of the round. In 2021, Simplilearn attracted an investment of $250 million by private equity firm, Blackstone Group.

With decades of professional experience, Andrew Wait is a successful board member, consultant, president, and a general manager. He has experience in worldwide internet, brand, product and marketing, including web-enabled and delivered consumer and B2B products and services. He is a proven coach, builder and leader of effective organizations with particular expertise in marketing, product development, engineering, operations, customer support and sales. He is also a key leader in successful, private equity, IPO and acquisition exits. Under his guidance, the company is confident of achieving its goal of becoming the world’s largest digital skilling platform very soon.

In his successful professional career, Andrew has been a board member/growth advisor at Fender Musical Instruments Corporation. He has also been associated with companies such as Tractive, Pathstream, Crehana and Evolv Technologies. He is an alumni of St. Mary’s College of California from where he has completed his MBA in International Finance & Foreign Trade.

Speaking on joining the Simplilearn team, Mr. Andrew Wait said, “I am pleased to join the Simplilearn team at a time when the edtech industry is going through a dynamic shift across the globe. With the innovations and developments in the space, I look forward to a prosperous future. The scope of opportunities that edtech has opened up for students and professionals is massive and people continue to enthusiastically take up programs to upskill themselves and explore better prospects. While I am excited to bring my own expertise to the table, I look forward to learning and growing through the knowledge of the larger Simplilearn team.”

Sharing thoughts on Andrew Wait’s appointment, Mr. Krishna Kumar, Founder & CEO, Simplilearn, said, “I am happy to welcome our latest member to the Simplilearn family. Andrew’s vast knowledge and expertise is going to be of value as we gear up and build a team that will lead the way towards growing Simplilearn as the world-wide leader in skilling. Our aim to boost global access to upskilling remains strong, and we are pleased to have Andrew join us in this vision. I welcome Andrew to Simplilearn and look forward to working together to deliver the best to our customers globally.”

Simplilearn conducts more than 3000 live classes per month, with an average of 70,000 learners who together spend more than 500,000 hours each month on the platform. Programs offered by Simplilearn gives learners the opportunity to upskill and get certified in popular domains.

CII Recognises Kumar Subbiah, Executive Director & CFO, CEAT among Leading CFOs of the Year

New Delhi, 3rd March 2023 -: CEAT Ltd, India’s leading tyre manufacturer today announced that Mr. Kumar Subbiah, Executive Director & Chief Financial Officer has been recognised among the Leading CFOs of the year by CII at the 2nd edition of the CFO Excellence Awards in 2022. Mr. Subbiah was recognized in the Auto Category for his stellar work at the company in business partnering, capital allocation and driving operational excellence.

Under Mr. Subbiah’s guidance and leadership, CEAT has put in place several systems and processes that have helped enhance corporate governance standards and compliances. The Finance team has also emerged as a true partner to the business, finding the optimum balance between growth and leverage to help the organization meet its strategic objectives. As a result of its efforts to bring efficiencies in working capital across all elements that helped in making Rs 750 crores of cash available to invest in businesses over the last few years. The company has also undertaken several other initiatives including sourcing raw materials efficiently & competitively through strategic sourcing & tie-ups with partners. Initiatives in driving efficiencies in cashflows & funding helped in bringing down interest costs. The company also upgraded its SAP to SAP HANA and automated various operational activities through the deployment of RPAs and blockchain which has seen it be commended as one of the best in digital adoption in finance by the industry. CEAT was one of the first 30 companies in India to adopt integrated reporting in its annual report.

Another key initiative that has helped CEAT bridge the margin gap has been leveraging cross-functional teams to identify large cost-saving opportunities through a structured zero-based approach to costs. What started off as a pilot during the pandemic, has now become a practice at CEAT to identify a few large programs every year to drive large cost savings leveraging technology and a structured Quality Based Management (QBM) approach.

Commenting on the award, Mr. Kumar Subbiah, ED & CFO, CEAT said, “I am thrilled to be recognized by CII as one of the leading CFOs of the year. I believe this award is a recognition of all that we have been doing as a company to drive business excellence using a Quality Based Management (QBM) approach that has delivered results for the business. We hope that this award marks another milestone in our journey as we set new benchmarks in the industry in delivering a safe, sustainable, and smarter future.”

The Confederation of Indian Industry (CII) CFO Excellence Awards recognize and acknowledge outstanding capabilities and achievements in the Finance function. Over the years, the Awards have become the chief flag bearer of Corporate Transparency, Governance, and Financial Leadership. It recognizes and acknowledges exemplary achievements and professional contributions of CFOs and builds a strong CFO forum to facilitate sharing of best practices.

Pure Storage Ushers in the New Era of Unstructured Data Storage with FlashBlade//E

Mumbai, India − 3rd March 2023 –: Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world’s most advanced data storage technology and services, today announced FlashBlade//E™, a scale-out unstructured data repository built to handle exponential data growth with industry-leading energy efficiency. At an acquisition cost competitive with disk and much lower operational costs, the introduction of FlashBlade//E means that customers no longer need to settle for disk.

News Highlights:

FlashBlade//E provides a better way to manage unstructured data growth efficiently, reliably, and sustainably with a best-in-class user experience and economics that enable customers to eliminate the last remnants of disk in their data center.

● Economical at scale: FlashBlade//E is offered at under $0.20 per GB including three years of service. The platform starts at 4PB and scales from there with reliable performance.

● Industry-leading energy efficiency: FlashBlade//E consumes up to 5x less power than the disk-based systems it will replace. The larger the system the greater the efficiency, helping organizations achieve their increasingly critical sustainability goals.

● Simplicity, reliability, and a non-disruptive future: FlashBlade//E is built to flex and grow on demand with 10-20x more reliability than hard disk-based systems and evolving without disruption or forklift upgrades. With cloud-like simplicity, flexibility and predictable performance, FlashBlade//E remains simple to manage at any scale.

FlashBlade//E will be generally available by the end of April 2023. In addition to traditional purchase, customers will have the option to deploy FlashBlade//E through the new Efficiency service tier of Pure Storage Evergreen//One Storage as-a-Service (STaaS) subscription, providing pay-as-you-go economics and a cloud experience with the control of on-premises deployment.

Industry Significance:

For global organizations, unstructured data capacity is expected to grow by 10x before 2030. For large-capacity, price-sensitive workloads that use current disk-based storage solutions, this growth is unsustainable.

Disk-based systems are a burden on many enterprises’ IT teams and budgets as they are challenging to manage, require massive amounts of power, take up large amounts of space and their components fail too often, causing disruption and risking valuable data. Ultimately, this diminishes the ability to derive business value from data. While modern file and object storage solutions are capable of addressing many of these challenges, they haven’t been a viable option for large unstructured data repositories that are price-sensitive – until now.

Executive Insight:

“With FlashBlade//E, we’re realizing our founder’s original vision of the all-flash data center. For workloads where flash was once price-prohibitive, we are thrilled to provide customers the major benefits Pure delivers at a TCO lower than disk.” – Amy Fowler, VP & General Manager, FlashBlade, Pure Storage

“As our customers’ unstructured data growth continues to accelerate, there is demand for more sustainable and scalable storage solutions for everyday workloads. We are excited to be able to meet this need with FlashBlade//E, providing the simplicity and power savings Pure is known for at an acquisition cost lower than disk-based solutions.” – Brian Bartell, Practice Manager for Primary Storage, WWT

“While the benefits of flash for high-powered workloads have been largely acknowledged, disk’s price point has limited broader perception of its full potential use. Nevertheless, the need for a modern platform to accommodate the rise in unstructured data at scale is evident. FlashBlade//E’s promise of a more cost-effective, energy-efficient, and easier-to-manage approach to everyday workloads makes a compelling case for leaving disk behind.” –Scott Sinclair, Practice Director, Enterprise Strategy Group