SAN JOSE, Calif.: Quantum Corp. has highlighted the unique value its scale-out storage solutions are providing to customers as the key factor behind the tremendous growth in revenue from these solutions over the past year. In the company’s recently completed fiscal year 2015 (1 April 2014 – 31 March 2015), revenue from its scale-out storage products and related services grew 74 percent over the prior year, with increasing momentum throughout the year. After growing 41 percent year-over-year in the first quarter, revenue increased 58 percent and 77 percent in each of the next two quarters, respectively, and then 116 percent in the fourth quarter. This accelerated growth reflects the benefits that Quantum’s StorNext® high-performance workflow solutions and Lattus™ extended online storage systems are delivering across a wide range of vertical markets and user requirements, as customers such as AOL Huffington Post, Calgary Police Service, PBS, TV Cultura and the University of North Carolina increasingly turned to Quantum over the past year to meet their scale-out storage needs.
Video, audio, image and other unstructured data is becoming ever more pervasive, accompanied by increasing demands to derive greater value from this data through analysis and monetisation. This creates significant new challenges for organisations in capturing data real-time, preserving it cost effectively, and accessing the data when needed. These challenges make storage and data management more important than ever as a critical enabler from a business or mission standpoint.
In contrast to many other storage offerings that can’t meet these new challenges, Quantum’s StorNext 5 platform was engineered on the basis that the sheer amount of data and changing profile of data to be managed required a different approach. This approach centers on StorNext 5 providing a unique combination of the fastest file streaming performance in the industry and integrated intelligence to put the right data in the right place at the right time for maximum efficiency and the lowest possible cost. StorNext does so by automatically moving data across disk, object storage, tape and cloud tiers while maintaining full control of the data. All of this played a clear role in Quantum’s success over the past year and was reinforced as the company continued to expand its product portfolio and market reach.