quantum corp (QTM) Key Developments
Quantum Corporation Simplifies Management of StorNext 5 Workflow Storage with New StorNext Connect
Aug 26 14
Quantum Corporation announced StorNext Connect, an easy-to-use tool set that simplifies the installation, discovery, management and monitoring of StorNext environments. Designed for Quantum StorNext 5 appliances and initially delivered as part of the company's StorNext Pro Solutions, StorNext Connect enables users to deploy or upgrade their StorNext systems and identify and resolve issues quickly to maximize performance and uptime. StorNext Connect features are, an intuitive, self-guided interface that makes it easy to install StorNext software and view all StorNext resources storage, CPU, memory and network interconnect and their connections within a single graphical view, tools for monitoring performance characteristics, including throughput and latency, detailed information about individual components, with data including real-time status and historical trends, System management tools that facilitate upgrades of metadata controllers and clients, individually or in groups and Graphs of real-time activity, performance and usage that support rapid troubleshooting of performance bottlenecks. Over the next year, Quantum plans to incorporate additional features into StorNext Connect, including: greater visibility and control over larger, more complex deployments; expanded hardware monitoring and optimization; and additional diagnostic and troubleshooting tools.
Hipskind Technology Solutions Group Deploys Quantum Corp.'s DXi(R) -Series Deduplication Appliances and Quantum vmPRO(TM) Software
Aug 20 14
Quantum Corp. announced that Hipskind Technology Solutions Group has deployed DXi(R) -Series deduplication appliances and Quantum vmPRO(TM) software as the foundation of its QSafe managed cloud-based data protection service, with The Salvation Army as one of its first customers. Hipskind wanted to extend its capabilities to include its own cloud infrastructure, recognizing that the cloud offered a unique way to provide critical backup, disaster recovery and business continuity to customers. Hipskind knew deduplication needed to be part of its solution to create an affordable cloud-based data protection offering. The company selected Quantum's DXi appliances because of their variable-length deduplication algorithm, which is far more efficient than the fixed block-level deduplication found in competitive offerings. This approach allows Hipskind to store more data in a smaller space at the customer site and replicate less data over the wire, for much better utilization of QSafe storage resources. In addition, Hipskind chose Quantum vmPRO for its ability to protect VMs locally and back up data in native file format.
University Of San Diego Achieves VM Backup with Quantum
Aug 12 14
Quantum Corp. announced that the University of San Diego has deployed DXi(R) -Series deduplication with vmPRO(TM) software to protect the school's virtual machine (VM) data, bringing data growth under control and dramatically reducing the school's reliance on disk storage through a new backup workflow. Based on the university's growth projections, the new system is anticipated to save $1.6 million over the next three years.
Quantum Corporation Announces Unaudited Consolidated Earnings Results for First Quarter Ended June 30, 2014; Provides Earnings Guidance for the Second Quarter of 2015
Jul 23 14
Quantum Corporation announced unaudited consolidated earnings results for first quarter ended June 30, 2014. For the quarter, the company reported total revenue of $128,128,000, loss from operations of $1,507,000, loss before income taxes of $4,076,000, net loss of $4,324,000 or $0.02 per basic and diluted share, net cash provided by operating activities of $6,274,000, purchases of property and equipment of $1,371,000, non-GAAP income from operations of $5,196,000, non-GAAP net income of $2,379,000 or $0.01 per diluted share compared to the total revenue of $147,849,000, income from operations of $5,735,000, income before taxes of $3,671,000, net income of $3,281,000 or $0.01 per basic and diluted share, net cash provided by operating activities of $9,173,000, purchases of property and equipment of $1,230,000, non-GAAP income from operations of $13,874,000, non-GAAP net income of $11,420,000 or $0.04 per diluted share for the same quarter a year ago.
For the fiscal second quarter of 2015, the company expected revenue of approximately $130 million to $135 million, GAAP and non-GAAP gross margin of 44% to 45%, GAAP operating expenses of $56 million to $58 million and non-GAAP operating expenses of $53 million to $55 million. Interest expense of $2.5 million and taxes of $500,000.
Quantum Corporation Simplifies De-duplication with New DXi-Series Powered by StorNext 5
Jul 21 14
Quantum Corp. announced an enriched and simplified DXi(R) -Series deduplication family, including a new DXi6900 appliance, to serve as the foundation for next-generation data protection. The DXi6900 is powered by Quantum's DXi software with StorNext 5 technology at its core to optimize performance, scalability and manageability for enterprises and service providers. This latest DXi offering enables scalability and faster backups, restores and replication while easing the strain on network bandwidth and reducing overall operating expenses. When combined with Quantum's Q-Cloud(TM) Protect services, the new DXi-Series enables customers to build data protection workflows that extend across sites and to the cloud. Addressing Complex Workflow Demands: Quantum has a simplified disk backup portfolio based on three platforms-the DXi6900 for midrange to enterprise environments, the DXi4700 for SMB to midrange implementations which was introduced earlier this year, and the DXi V-Series for virtual environments. Designed to meet the increasing range of customers' data protection workflow needs, the DXi6900 incorporates a number of key enhancements, including: StorNext 5 Accelerates Backup and Restore Times: Quantum's StorNext 5 technology offers the faster single stream performance and has been proven in some of the most data-intensive environments. At the core of the DXi software engine, StorNext 5 technology enables DXi6900 to deliver the deduplication performance required for evermore demanding and fluid backup and restore workflows. iLayer Intelligence Increases IT Staff Productivity: Unique iLayer(TM) software makes multi-site data protection easier, with simple setup configuration wizards, detailed resource utilization reporting and an intuitive topology-based view of the environment. Proactive monitoring and reporting-including on mobile devices-enables improved business decision making to speed resolution time. Unique Capacity-on-Demand Provides Easy Scalability: The DXi6900 continues Quantum's commitment to capacity-on-demand licensing, enabling users to scale from 17 TB to 510 TB via a simple licensing key. This approach eliminates the uncertainty of predicting growth requirements, empowering users to add capacity quickly and non-disruptively when needed. In addition to providing new capabilities with DXi6900, Quantum continues to offer advantages across the DXi-Series portfolio and in conjunction with the company's cloud services: Maximize Disk Storage and Reduce Costs: Patented variable length deduplication, which provides up to 3x disk savings efficiencies versus fixed block approaches, dramatically reduces demands on network infrastructures to make multi-site disaster recovery solutions practical for more customers. Further, direct integration with Q-Cloud Protect enables the DXi-Series to provide the lowest OPEX while maximizing efficiencies locally, in the cloud and across networks. Protect Data Across Sites and in the Cloud: Using physical or virtual on-premise DXi appliances, customers can replicate to Quantum's Q-Cloud Protect data center to deliver secure, offsite data protection for pennies per GB per month with chargeback capabilities. Military-Grade Security: Self-encrypting drives with military-grade AES-256 bit encryption provide security at rest and across the wire without degrading performance.