STOCK TITAN

Quantum Partners With Veeam for Accelerated Ransomware Recovery, End-to-End Immutability, and Air-Gapped Cyber Resilience

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

Quantum (NASDAQ: QMCO) has announced that its ActiveScale object storage software has extended its Veeam Ready qualifications. The new qualifications include ActiveScale 7.0 software, which supports all-flash solutions for fast ransomware recovery, and ActiveScale Cold Storage support of Veeam Archive Tier for low-cost, air-gapped retention of Veeam backups.

Key features of ActiveScale 7.0 include:

  • Support for all-flash configurations for rapid recovery of mission-critical data
  • Scale-out architecture for simple, scalable performance
  • Cold Storage feature qualified as a Veeam Archive Tier
  • Up to 98% lower cost than public cloud offerings for restoring backups
  • Direct to Archive feature for cost reduction and simplified operations

ActiveScale 7.0 is now Veeam Ready qualified and available from Quantum solution integrators and partners, with options for capital purchase or pay-as-you-go subscription through Quantum GO.

Quantum (NASDAQ: QMCO) ha annunciato che il suo software di archiviazione oggetti ActiveScale ha ampliato le qualifiche Veeam Ready. Le nuove qualifiche includono il software ActiveScale 7.0, che supporta soluzioni completamente flash per un rapido recupero da attacchi ransomware, e il supporto di ActiveScale Cold Storage per il Veeam Archive Tier, consentendo una conservazione a basso costo e isolata da rete delle copie di backup Veeam.

Le caratteristiche principali di ActiveScale 7.0 includono:

  • Supporto per configurazioni completamente flash per il rapido recupero dei dati critici
  • Architettura scalabile per prestazioni semplici e scalabili
  • Funzionalità Cold Storage qualificata come Veeam Archive Tier
  • Fino al 98% di costo in meno rispetto alle offerte di cloud pubblico per il ripristino dei backup
  • Funzionalità Diretta verso Archivio per riduzione dei costi e operazioni semplificate

ActiveScale 7.0 è ora qualificata Veeam Ready ed è disponibile tramite integratori e partner di soluzioni Quantum, con opzioni per acquisto di capitale o abbonamento pay-as-you-go tramite Quantum GO.

Quantum (NASDAQ: QMCO) ha anunciado que su software de almacenamiento de objetos ActiveScale ha ampliado sus calificaciones Veeam Ready. Las nuevas calificaciones incluyen el software ActiveScale 7.0, que admite soluciones de todo flash para una rápida recuperación de ransomware, y el soporte de ActiveScale Cold Storage para el Veeam Archive Tier, que permite una retención de copias de seguridad de Veeam de bajo costo y aislada.

Las características clave de ActiveScale 7.0 incluyen:

  • Soporte para configuraciones todo flash para una recuperación rápida de datos críticos
  • Arquitectura escalable para un rendimiento simple y escalable
  • Función de Cold Storage calificada como Veeam Archive Tier
  • Hasta un 98% menos de costo que las ofertas de nube pública para restaurar copias de seguridad
  • Función Direct to Archive para reducción de costos y operaciones simplificadas

ActiveScale 7.0 ahora está calificada como Veeam Ready y está disponible a través de integradores y socios de soluciones de Quantum, con opciones para compra de capital o suscripción de pago por uso a través de Quantum GO.

퀀텀 (NASDAQ: QMCO)은 자사의 액티브스케일 오브젝트 스토리지 소프트웨어비엠 ready 자격을 확장했다고 발표했습니다. 새로운 자격은 모든 플래시 솔루션을 지원하여 랜섬웨어 복구를 신속하게 수행할 수 있는 액티브스케일 7.0 소프트웨어와 저비용의 공기 간섭 없는 비엠 백업 보존을 위한 Veeam Archive Tier의 액티브스케일 콜드 스토리지 지원을 포함합니다.

액티브스케일 7.0의 주요 특징은 다음과 같습니다:

  • 미션 크리티컬 데이터의 신속한 복구를 위한 모든 플래시 구성 지원
  • 간단하고 확장 가능한 성능을 위한 스케일 아웃 아키텍처
  • Veeam Archive Tier로 검증된 콜드 스토리지 기능
  • 백업 복원에 대한 공공 클라우드 제공보다 최대 98% 낮은 비용
  • 비용 절감 및 간소화된 운영을 위한 아카이브 직접 지원 기능

액티브스케일 7.0은 이제 Veeam Ready 자격을 갖추었으며, 퀀텀 솔루션 통합업체 및 파트너를 통해 구매하거나 Quantum GO를 통해 구독할 수 있습니다.

Quantum (NASDAQ: QMCO) a annoncé que son logiciel de stockage d'objets ActiveScale a étendu ses qualifications Veeam Ready. Les nouvelles qualifications incluent le logiciel ActiveScale 7.0, qui prend en charge des solutions tout-flash pour une récupération rapide après une attaque par ransomware, ainsi que le soutien de ActiveScale Cold Storage pour le Veeam Archive Tier, permettant un stockage à faible coût et isolé des sauvegardes Veeam.

Les principales caractéristiques d'ActiveScale 7.0 incluent :

  • Assistance pour des configurations tout-flash pour la récupération rapide de données critiques
  • Architecture extensible pour des performances simples et évolutives
  • Fonctionnalité Cold Storage qualifiée comme Veeam Archive Tier
  • Jusqu'à 98 % de coûts en moins par rapport aux offres de cloud public pour la restauration des sauvegardes
  • Fonction Direct to Archive pour la réduction des coûts et l'optimisation des opérations

ActiveScale 7.0 est maintenant qualifiée Veeam Ready et disponible auprès des intégrateurs de solutions et des partenaires Quantum, avec des options d'achat en capital ou de souscription à la carte via Quantum GO.

Quantum (NASDAQ: QMCO) hat angekündigt, dass seine ActiveScale-Objektspeicher-Software die Veeam Ready-Zertifizierungen erweitert hat. Die neuen Zertifizierungen umfassen die ActiveScale 7.0-Software, die All-Flash-Lösungen für eine schnelle Wiederherstellung von Ransomware unterstützt, sowie die ActiveScale Cold Storage-Unterstützung für den Veeam Archive Tier zur kostengünstigen, luftdicht isolierten Speicherung von Veeam-Backups.

Zu den wichtigsten Funktionen von ActiveScale 7.0 gehören:

  • Unterstützung für All-Flash-Konfigurationen zur schnellen Wiederherstellung mission-critical Daten
  • Scale-out-Architektur für einfache, skalierbare Leistung
  • Cold Storage-Funktion, die als Veeam Archive Tier zertifiziert ist
  • Bis zu 98% geringere Kosten als öffentliche Cloud-Angebote für die Wiederherstellung von Backups
  • Direkt zu Archiv-Funktion zur Kostenreduzierung und vereinfachten Abläufen

ActiveScale 7.0 ist nun Veeam Ready zertifiziert und über Quantum-Lösungsintegratoren und -Partner erhältlich, mit Optionen für Kapitalanschaffung oder Pay-as-you-go-Abonnement über Quantum GO.

Positive
  • Extended Veeam Ready qualifications for ActiveScale object storage software
  • Support for all-flash solutions in ActiveScale 7.0 for fast ransomware recovery
  • ActiveScale Cold Storage support for low-cost, air-gapped retention of Veeam backups
  • Up to 98% lower cost than public cloud offerings for restoring backups
  • Flexible purchase options including capital purchase and pay-as-you-go subscription
Negative
  • None.

Insights

Quantum's ActiveScale 7.0 and Cold Storage achieving Veeam Ready qualification is a significant development in the data management and cybersecurity space. This partnership enhances ransomware recovery capabilities and provides end-to-end immutability, addressing critical concerns in today's threat landscape.

Key points:

  • ActiveScale 7.0 supports all-flash configurations, enabling rapid recovery of mission-critical data
  • The Cold Storage feature, now qualified as a Veeam Archive Tier, offers cost-effective access to retained backups
  • Restoring backups from ActiveScale Cold Storage is up to 98% lower cost than public cloud offerings
  • New Direct to Archive feature simplifies operations and reduces overall costs

This solution addresses the growing need for robust cyber resilience strategies, combining fast recovery, economic long-term retention and data immutability. For Quantum, this partnership with a market leader like Veeam could potentially drive increased adoption of their ActiveScale solutions, positively impacting their market position in the data management sector.

This partnership with Veeam could significantly boost Quantum's market position and financial performance. Key financial implications include:

  • Expanded market reach: Veeam's leadership in Data Resilience opens up a larger customer base for Quantum's ActiveScale solutions
  • Potential revenue growth: The Veeam Ready qualification may accelerate adoption of ActiveScale 7.0 and Cold Storage, driving sales
  • Competitive advantage: The 98% cost reduction compared to public cloud offerings could attract cost-conscious enterprises
  • Recurring revenue opportunity: The new Quantum GO pay-as-you-go subscription model could provide a steady income stream

Given Quantum's current market cap of $16,166,702, this development could be a catalyst for growth. However, investors should monitor upcoming quarterly reports to assess the actual impact on revenue and market share. The partnership's success in driving adoption and sales will be important for Quantum's financial performance in the competitive data management market.

ActiveScale 7.0 and ActiveScale Cold Storage Achieve Veeam Ready Qualification

SAN JOSE, Calif.--(BUSINESS WIRE)-- Quantum Corporation (NASDAQ: QMCO), the pioneer in end-to-end data management solutions designed for the AI era, today announced its ActiveScale® object storage software has extended its Veeam® Ready qualifications. Veeam® Software is the #1 leader by market share in Data Resilience. Quantum’s new Veeam Ready qualifications now include the new ActiveScale 7.0 software that includes support for all-flash solutions for fast ransomware recovery and ActiveScale Cold Storage support of Veeam Archive Tier for low-cost, air-gapped retention of Veeam backups. These Veeam Ready solutions provide organizations unprecedented cyber resilience with multi-layered protection, high performance, simplicity, and efficiency to prepare, protect, and recover business-critical applications rapidly and with confidence.

Simply deploy a Veeam Scale-Out Backup Repository with ActiveScale with Cold Storage to achieve fast ingest, rapid recovery, and low-cost long-term retention. (Graphic: Business Wire)

Simply deploy a Veeam Scale-Out Backup Repository with ActiveScale with Cold Storage to achieve fast ingest, rapid recovery, and low-cost long-term retention. (Graphic: Business Wire)

ActiveScale object storage has long been recognized as a reliable Veeam Ready backup target, evolving alongside Veeam's expanding object storage capabilities. Designed for fast recovery across multiple storage classes using flash, hard disk, and tape, ActiveScale flexibly meets demanding recovery service level agreements (SLAs) and economically addresses long-term retention of backups. Recent advancements across the ActiveScale product portfolio strengthen its value within Veeam environments:

  • The ActiveScale 7.0 release, which is now Veeam Ready, includes support for all-flash configurations offering impressive restore performance to provide rapid recovery of mission-critical data for fast response to ransomware attacks, rogue actors, and other data risks. Based on an all-flash, scale-out architecture, ActiveScale 7.0 seamlessly expands backup target resources (compute, networking and storage) for simple, scalable performance within a Veeam environment.
  • The ActiveScale 7.0 Cold Storage feature is also now qualified as a Veeam Archive Tier, providing cost-effective access to all retained backups. Previous to Veeam Version 12.1, Archive Tiers were limited to public cloud storage services that are expensive to egress data, incur significant Internet and WAN costs, and are extremely slow. Restoring backups from ActiveScale Cold Storage is dramatically faster and up to 98% lower cost than public cloud offerings, extending the utility and value of the Veeam Archive Tier. Plus, with Veeam’s new Direct to Archive feature, backups can be sent directly from Performance Tier storage to the Archive Tier, further reducing overall costs and simplifying operations.

“With ActiveScale, organizations can feel at ease that all their data is immutable against cyber threats and recoverable in minutes and hours instead of days or weeks,” says Bruno Hald, vice president, secondary storage, Quantum. “ActiveScale 7.0 provides fast restore performance now and in the future with easy scale-out expansion over time. ActiveScale 7.0 all-flash solutions are an ideal platform for deploying our ActiveScale Cold Storage feature to economically store Veeam Archive Tier backups for secure, immutable long-term retention.”

"The ongoing threat of ransomware attacks underscores the importance of cyber resilience as part of an overall Data Resilience strategy," said Andreas Neurfert, vice president of product management, alliances at Veeam. "The combination of Veeam Data Platform™ and Quantum ActiveScale delivers a unique, cyber-resilient solution for fast recovery, economic long-term retention, and peace-of-mind data immutability."

ActiveScale 7.0 is Veeam Ready qualified and available from Quantum solution integrators and partners. Customers now have the flexibility of a capital purchase or Quantum GO, a newly released, pay-as-you-go subscription offering.

Click here for more information on ActiveScale in a Veeam environment.

About Quantum

Quantum delivers end-to-end data management solutions designed for the AI era. With over four decades of experience, our data platform has allowed customers to extract the maximum value from their unique, unstructured data. From high-performance ingest that powers AI applications and demanding data-intensive workloads, to massive, durable data lakes to fuel AI models, Quantum delivers the most comprehensive and cost-efficient solutions. Leading organizations in life sciences, government, media and entertainment, research, and industrial technology trust Quantum with their most valuable asset – their data. 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 Information

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. These forward-looking statements are largely based on our current expectations and projections about future events affecting our business. Such forward-looking statements include, in particular: Quantum ActiveScale and our plans, objectives and intentions that are not historical facts generally.

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: Quantum ActiveScale and the impact of these factors on our performance and outlook. See also other risks that are described in “Risk Factors” in our filings with the Securities and Exchange Commission (the SEC), including its Annual Report on Form 10-K filed with the SEC for the fiscal year ended March 31, 2024, and any subsequent reports filed with the SEC. We do not intend to update or alter these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law or regulation.

Sara Beth Fahey

Matter Communications

quantum@matternow.com

Source: Quantum Corporation

FAQ

What new Veeam Ready qualifications has Quantum's ActiveScale obtained?

Quantum's ActiveScale has obtained Veeam Ready qualifications for ActiveScale 7.0 software, which includes support for all-flash solutions for fast ransomware recovery, and ActiveScale Cold Storage support of Veeam Archive Tier for low-cost, air-gapped retention of Veeam backups.

How does ActiveScale 7.0 improve ransomware recovery for QMCO?

ActiveScale 7.0 supports all-flash configurations, offering impressive restore performance for rapid recovery of mission-critical data, enabling fast response to ransomware attacks, rogue actors, and other data risks.

What cost savings does ActiveScale Cold Storage offer compared to public cloud for QMCO customers?

Restoring backups from ActiveScale Cold Storage is up to 98% lower cost than public cloud offerings, extending the utility and value of the Veeam Archive Tier for Quantum (QMCO) customers.

How can customers purchase ActiveScale 7.0 from Quantum (QMCO)?

ActiveScale 7.0 is available from Quantum solution integrators and partners. Customers have the flexibility of a capital purchase or can opt for Quantum GO, a newly released, pay-as-you-go subscription offering.

Quantum Corporation

NASDAQ:QMCO

QMCO Rankings

QMCO Latest News

QMCO Stock Data

17.49M
4.79M
0.8%
Computer Hardware
Computer Storage Devices
Link
United States of America
SAN JOSE