New capabilities give customers choice in where
and how they place their data to enhance agility, reduce business
risks, and lower costs
SAN
JOSE, Calif., Aug. 30,
2023 /PRNewswire/ -- Quantum Corporation (NASDAQ:
QMCO), the leader in solutions for unstructured data, today
announced new features in the company's end-to-end data
platform, including advances to its policy-driven data movement
technologies, to help customers build their ideal hybrid cloud
workflow to seamlessly bridge on-prem deployments with multi-cloud
integration. With the massive amount of data customers need to
retain for business and compliance purposes, customers are using
both public and private cloud resources to store and manage
this data, driven by their budget, frequency with which they need
to access the data, and their data protection requirements. With
these new features, customers can place data exactly where it's
needed, when it's needed. By using a highly flexible and powerful
hybrid cloud environment, customers increase operations agility,
reduce business risk, and optimize costs across on-prem and public
cloud resources.
"Our strategic vision is to deliver the best end-to-end data
platform from on-premises to any cloud that empowers our customers
to address their unstructured data needs across the entire data
lifecycle," said Brian Pawlowski,
chief development officer, Quantum. "This isn't about 'public cloud
versus private cloud'; It's about giving customers choice and
enabling them to create flexible, hybrid cloud workflows that are
designed for their unique needs and goals, and these new features
we are delivering make that easier for customers to achieve."
New capabilities include:
- Quantum DXi™ Cloud Share: DXi backup appliances
have long delivered high performance, scalable backup, data
protection, and disaster recovery across sites to give customers
trusted business continuity. With DXi Cloud Share, customers get
even more flexibility as DXi appliances can now tier compressed,
deduplicated backup data sets to both private and public storage
clouds, including Quantum ActiveScale, providing up to 70 times
more efficient use of cloud storage*. This reduces business risks
and costs, enabling offsite protection against ransomware and
long-term retention of backup data for regulatory and in-house data
compliance.
- Quantum FlexSync 3: FlexSync for years
has been a trusted data mover of files to and from Quantum StorNext
collaborative shared storage environments, and now FlexSync 3 adds
fast, simple data replication to and from public and private
clouds, including Quantum ActiveScale and in a future release,
Quantum Myriad. FlexSync 3 provides a versatile data movement tool
across Quantum's entire end-to-end portfolio, enabling customers to
unite multiple on-premises and public cloud workflows across
geographies with a shared, centralized object repository. This
enables better collaboration among dispersed teams and delivers
enhanced data protection and disaster recovery.
- Quantum ActiveScale™ Cold Replication: As
organizations continue to collect, retain and analyze petabytes to
exabytes of data with advanced AI analytics, they must reduce the
total cost of ownership required to preserve this data.
The ActiveScale object storage platform now provides the
industry's first and only immutable object replication between cold
data services, replicating cold data between ActiveScale systems,
as well as replicating ActiveScale cold data to AWS S3 Glacier
Flexible Retrieval and Glacier Deep Archive Services. For massive
data sets whose useful life spans from years to decades,
ActiveScale Cold Replication delivers the most durable,
cost-effective multi-copy solution for long-term retention so
customers can analyze and derive insights from their data to drive
business forward.
The new ActiveScale Cold Replication feature and FlexSync 3 are
available immediately. DXi Cloud Share is planned for release in Q4
2023. FlexSync 3 for Myriad is planned for release next year.
For more information, visit:
- Quantum DXi™ Cloud Share
- Quantum FlexSync 3
- Quantum ActiveScale™ Cold Replication
*Based on internal field data of actual customer deployments.
Realized rates will vary depending on the specific data and
workload characteristics.
About Quantum
Quantum technology, software, and services provide the solutions
that today's organizations need to make video and other
unstructured data smarter – so their data works for them and not
the other way around. With over 40 years of innovation, Quantum's
end-to-end platform is uniquely equipped to orchestrate, protect,
and enrich data across its lifecycle, providing enhanced
intelligence and actionable insights. Leading organizations in
cloud services, entertainment, government, research, education,
transportation, and enterprise IT trust Quantum to bring their data
to life, because data makes life better, safer, and smarter.
Quantum is listed on Nasdaq (QMCO). For more information visit
www.quantum.com.
Quantum and the Quantum logo are registered trademarks of
Quantum Corporation and its affiliates in the United States and/or other countries. All
other trademarks are the property of their respective owners.
Forward-Looking Statements
The information provided in this press release may include
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934 ("Exchange Act"). These forward-looking statements are
largely based on our current expectations and projections about
future events and financial trends affecting our business. Such
forward-looking statements include, in particular, statements about
the anticipated benefits and features of the Quantum DXi Cloud
Share, FlexSync, and ActiveScale 6.4 software solutions as well as
our business prospects, changes and trends in our business and the
markets in which we operate.
These forward-looking statements may be identified by the use of
terms and phrases such as "anticipates", "believes", "can",
"could", "estimates", "expects", "forecasts", "intends", "may",
"plans", "projects", "targets", "will", and similar expressions or
variations of these terms and similar phrases. Additionally,
statements concerning future matters and other statements regarding
matters that are not historical are forward-looking statements.
Investors are cautioned that these forward-looking statements
relate to future events or our future performance and are subject
to business, economic, and other risks and uncertainties, both
known and unknown, that may cause actual results, levels of
activity, performance or achievements to be materially different
from those expressed or implied by any forward-looking
statements.
These forward-looking statements involve risks and uncertainties
that could cause actual results to differ materially from those
projected, including without limitation, the following: the
potential impact of the COVID-19 pandemic on our business,
including potential disruptions to our supply chain, employees,
operations, sales and overall market conditions; the competitive
pressures we face; risks associated with executing our strategy;
the distribution of our products and the delivery of our services
effectively; the development and transition of new products and
services and the enhancement of existing products and services to
meet customer needs and respond to emerging technological trends;
whether the market for the Quantum DXi Cloud Share, FlexSync, and
ActiveScale 6.4 solutions develop as anticipated and whether our
products meet the developing needs of this market; and other risks
that are described herein, including but not limited to the items
discussed in "Risk Factors" in our filings with the Securities and
Exchange Commission, including our Form 10-K filed with the
Securities and Exchange Commission on June
6, 2023 and our Form 10-Q filed on August 8, 2023. We do not intend to update or
alter our forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
applicable law or regulation.
Media Contact:
Sara Beth Fahey
Matter Communications
quantum@matternow.com
401.351.9507
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SOURCE Quantum Corp.