STOCK TITAN

Quantum Expands ActiveScale Object Storage Portfolio, Bolstering Security and Performance

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Quantum Corp. (NASDAQ: QMCO) announced enhancements to its ActiveScale platform aimed at improving data security, capacity efficiency, and overall performance. The upgrades include a new entry-level configuration starting at 432TB and the ActiveScale 5.7 Object Lock feature, which protects data from malicious acts. Improvements such as Small Object Aggregation are designed to enhance storage efficiency. Quantum aims to position itself as a leader in unstructured data management, catering to growing enterprise demand for scalable and secure object storage solutions.

Positive
  • Enhanced ActiveScale platform improves data security and performance.
  • Introduction of entry-level configuration increases market accessibility.
  • Object Lock feature secures data against malicious actions.
  • Small Object Aggregation boosts storage efficiency and performance.
Negative
  • None.

SAN JOSE, Calif., Nov. 17, 2020 /PRNewswire/ -- Quantum Corp. (NASDAQ: QMCO) today announced enhancements to its ActiveScale™ platform with a focus on data security, increased capacity efficiency and performance. The company also added a more compact, entry level configuration to its portfolio. The new capabilities advance Quantum's strategy to be the leading provider of management and storage services for unstructured data.

"With data quickly becoming the most valuable asset for many enterprises and critical for business survival, object storage is emerging as the preferred archive format to handle massive unstructured data growth," said Eric Burgener, Research Vice President, Infrastructure Systems, Platforms and Technologies Group, IDC. "Enterprises seeking to monetize their growing data stores will clearly benefit from the efficient, highly available, secure and scalable unstructured storage platforms vendors like Quantum are bringing to the market."

Helping Data-Driven Enterprises Manage, Protect, and Preserve Their Most Valuable Asset
Increasingly, double digit data growth rates are exacerbating the cost and complexity of managing and storing data. The ability of organizations to extract value from data is essential to staying competitive, which drives the demand for data availability and access. Magnifying this challenge is the scale at which data and storage must be managed. ActiveScale object storage platform meets the necessity of managing, protecting, and preserving data at scale.

Quantum ActiveScale software delivers flexible scalability, from a few hundred terabytes to tens of petabytes, with its Dynamic Data Placement model assuring the highest levels of data durability. ActiveScale features and architecture simplify the deployment and management of the environment today and into the future.

"Digital media infrastructures have never been more dependent on technologies that help to secure assets and keep them available for increasingly demanding workflows," said Barry Fairhurst, CEO, F2 Technologies Inc. "Quantum's ActiveScale object storage offerings come at a time when many companies are reevaluating how they can better manage and protect their data assets in a scalable way to stay competitive in a challenging environment."

ActiveScale Object Lock for Data Immutability
The new ActiveScale 5.7 Object Lock feature protects data from malicious acts such as data deletion, relocation, and ransomware. Once immutability is set on an object or a bucket, it can't be modified until the policy expires. Whether for compliance or protection against data loss, object lock ensures the data will be the same days, months, or years later.

Small Object Aggregation for Enhanced Efficiency and Performance
The ActiveScale platform has a new Small Object Aggregation capability that enhances its ability to provide efficient storage capacity by aggregating small files into a large object prior to erasure encoding it. The aggregation results in higher utilization and increased overall performance for small object transactions. The key differentiator of small object aggregation is the ability of ActiveScale to provide direct access to small objects without reconstituting the whole object. 

New Entry-Level Capacity
Quantum enhanced the ActiveScale architecture, now offering a smaller, three-node configuration starting at 432TB raw. With this entry-level option customers can benefit from the management, protection, and preservation capabilities of ActiveScale as they grow.

"This new entry point will enable more customers to deploy best-in-class object storage at a lower capacity and grow cost-effectively," said Bruno Hald, General Manager, Secondary Storage, Quantum. "With this expanded ActiveScale object storage portfolio, customers gain features to more capably manage their data, defend it against ransomware threats with Object Lock, and preserve it indefinitely."

Additional Resources

About Quantum
Quantum technology and services help customers capture, create and share digital content – and preserve and protect it for decades.  With solutions built for every stage of the data lifecycle, Quantum's platforms provide the fastest performance for high-resolution video, images, and industrial IoT.  That's why the world's leading entertainment companies, sports franchises, researchers, government agencies, enterprises, and cloud providers are making the world happier, safer, and smarter on Quantum.  Quantum is listed on Nasdaq (QMCO) and was added to the Russell 2000® Index in 2020. For more information visit www.quantum.com/.

Quantum and the Quantum logo are registered trademarks of Quantum Corporation, and ActiveScale is a trademark of Quantum Corporation. All other trademarks are the property of their respective owners.

Forward-Looking Statements
This press release contains "forward-looking" statements. Quantum advises caution in reliance on forward-looking statements. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of Quantum Corporation and its consolidated subsidiaries ("Quantum") may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements regarding the ActiveScale object storage platform meeting the necessity of managing, protecting, and preserving data at scale, and its ability to manage and protect the user's data assets in a scalable way to allow the user to stay competitive in a challenging environment. Risks, uncertainties and assumptions include the risk that StorNext 6.4 is not accepted by hybrid cloud and multi-cloud storage users, and other risks that are described herein, including but not limited to the items discussed in "Risk Factors" in Quantum's filings with the Securities and Exchange Commission, including its Form 10-K filed with the Securities and Exchange Committee on August 6, 2019. Quantum expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Public Relations Contact:
Bob Wientzen
Quantum Corp.
+1 (720) 201-8125
bob.wientzen@quantum.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/quantum-expands-activescale-object-storage-portfolio-bolstering-security-and-performance-301174554.html

SOURCE Quantum Corp.

FAQ

What are the new features in Quantum's ActiveScale platform announced on November 17, 2020?

The new features include enhancements in data security, capacity efficiency, performance improvements, and the introduction of a new entry-level configuration.

How does the Object Lock feature in ActiveScale protect data?

The Object Lock feature ensures data immutability, protecting it from deletion or modification until its policy expires.

What is the significance of the new entry-level configuration for Quantum's ActiveScale?

The new entry-level configuration starts at 432TB raw, enabling more customers to access and utilize Quantum's object storage capabilities.

What is Small Object Aggregation in Quantum's ActiveScale?

Small Object Aggregation aggregates small files into larger objects to enhance storage efficiency and performance during transactions.

Quantum Corporation

NASDAQ:QMCO

QMCO Rankings

QMCO Latest News

QMCO Stock Data

15.55M
4.79M
13.74%
49.92%
4.55%
Computer Hardware
Computer Storage Devices
Link
United States of America
SAN JOSE