Welcome to our dedicated page for Quantum news (Ticker: QMCO), a resource for investors and traders seeking the latest updates and insights on Quantum stock.
Quantum Corporation reports developments in data management systems and software for unstructured data used in AI, media, government, research, life sciences, and industrial technology workflows. Its news commonly covers high-performance ingest, object storage, cold storage, tape libraries, data lakes, media asset management, and workflow orchestration across products such as ActiveScale, CatDV, Scalar, and StorNext.
Company updates also address customer deployments, technology integrations, partner certifications, archive and cyber-resilience use cases, quarterly financial results, operating efficiency initiatives, investor conference participation, and executive or finance organization changes.
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Quantum Corporation (NASDAQ: QMCO) has launched Quantum Myriad™, a cloud-native, all-flash file and object storage software designed to replace outdated hardware-centric systems. This innovative platform addresses the growing data storage needs of enterprises, leveraging modern technologies for improved performance and scalability. Myriad's features include a shared-nothing architecture, microservices integration, and inline data services like deduplication and compression. The dedicated storage market is expected to grow significantly, reaching $19.1 billion by 2026. Myriad is available for early access and will officially launch in Q3 2023.
Quantum Corporation (NASDAQ: QMCO) has launched version 5.0 of its Unified Surveillance Platform (USP) software, allowing a single cluster to manage over 10,000 cameras with 99.9999% uptime and an 80% reduction in data center footprint. This upgraded software improves user experience, simplifies deployment, and enables enhanced system monitoring. The USP replaces traditional network video recording servers, mitigating risks of downtime and data loss. Currently, a free infrastructure savings assessment is available for organizations operating NVRs. The USP 5.0 is available to select early-access customers and is expected for general release in Q3 2023.
Quantum Corporation (NASDAQ: QMCO) has partnered with WaitTime to provide a certified solution utilizing real-time crowd intelligence analytics derived from video surveillance data. This joint solution, implemented through Quantum's Unified Surveillance Platform (USP), aims to enhance customer experiences in venues such as stadiums and malls by offering insights into crowd movement and density. The USP is scalable and resilient, capable of managing numerous security applications on a single platform. The collaboration seeks to streamline operations, reduce costs, and improve guest navigation through venues. A webinar on this partnership is scheduled for April 10, 2023.