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Quantum to Extend Storage Solutions Leadership With Unique and Disruptive Technology for Optimizing Multi-Petabyte Size StoresWill Add Innovative Disk Solutions to Tiered Storage and Management Offerings to Help Customers Cost Effectively Retain and Reuse Big Data Content (May 09, 2012)
SAN JOSE, CA -- (Marketwire) -- 05/09/12 -- Quantum Corp. (NYSE: QTM), a proven global expert in data protection and big data management, today announced that it will expand on its leadership position in managing big data content by integrating optimized object storage technology into new tiered storage and management offerings. These new offerings will enable both big data content and analytics customers to overcome current challenges in maintaining and protecting their data on disk over the long term.
Big Data Applications Outpace Traditional Disk Architecture Capabilities
Petabyte-sized information stores are increasingly viewed as a key source of business advantage or mission value -- for example, by manufacturers leveraging historical customer purchase data to develop new products or by genomics researchers who know that future life-saving discoveries might depend on data collected today. Big data customers therefore want to keep all this data forever in a way that ensures its integrity and is most cost-effective. However, traditional disk architectures can't meet the long-term availability, accessibility or affordability requirements associated with these data assets. For example:
- As the density of data per disk, per storage channel and per storage system grows, the risk of data outage and resulting negative business impact increases.
- As content archives grow to the petabyte level and beyond, integration of new processor or disk technologies to achieve greater price-performance or scale requires a planned outage or "forklift upgrade."
- These problems impose operational and management costs that increase as data grows.
Providing a Better Solution
Drawing on its expertise in big data management and long-term retention, Quantum will address the shortcomings of traditional disk architectures by integrating optimized object storage technology from Amplidata with Quantum's policy-based tiering and data management software in a family of new disk solutions.
"Many of the world's largest content owners -- in government, media and entertainment, energy and life sciences -- rely on Quantum's StorNext® software and appliances for tiering and long-term management of big data content," said Jon Gacek, president and CEO of Quantum. "Incorporating the unique capabilities of this new technology into a broader set of big data solutions is a natural extension of our long-standing leadership in providing customers with storage technology that delivers unmatched value and scalability, as well as the performance and management capabilities they need across the data lifecycle."
These new Quantum disk solutions will enable customers to dramatically improve the availability and accessibility of long-term content while also making the management of this content much easier and more cost-effective:
- Amplidata's underlying technology includes dispersed data algorithms that provide
100 percent data accessibility over the extended content lifecycle. This ability to deliver continuous access to content even when disks fail, when entire sites have outages, or when customers want to upgrade to newer, denser or more powerful technology results in significant cost savings.
- Because the algorithms offer a form of built-in data reduction, Quantum's new solutions will be much more cost-effective than the distributed file replication approach that has arisen based on concepts developed to support very large data volumes on the Internet.
- By integrating the technology into broader tiered storage solutions, Quantum will enable customers to seamlessly manage and protect content across a variety of big data applications (both content and analytics) and across the full lifecycle of the information.
- Quantum's new solutions will offer dual value, as: 1) a tier behind the company's existing offerings for streaming data in the big data content market and 2) packaged and certified with other market-leading applications to provide a complete managed solution in big data analytics environments.
Quantum plans to introduce the first of its new disk solutions later this year and also intends to offer a portfolio of cloud services based on these solutions.
"Today's announcement reflects Quantum's continued focus on combining innovative technologies in optimized storage solutions that help customers easily and cost-effectively transition their data management and protection strategies to drive greater business value," said Janae Stow Lee, senior vice president, Filesystem and Archive, Quantum.
Quantum Corp. (NYSE: QTM) is a proven global expert in data protection and big data management that provides a unique combination of intelligent storage solutions and unmatched value for traditional, virtual and cloud environments. From small businesses to multinational enterprises, more than 50,000 customers trust Quantum to help cost effectively manage data growth and extract the full value from their digital assets. The company's offerings include: DXi®-Series disk-based deduplication and replication systems for fast backup and restore, Quantum vmPRO solutions for protecting virtual machine data, Scalar® tape automation products for disaster recovery and long-term data retention, and StorNext® big data management software and appliances for high-performance file sharing and archiving. Quantum Corp., 1650 Technology Drive, Suite 800, San Jose, CA 95110, (408) 944-4000, www.quantum.com.
Quantum, the Quantum logo, DXi, Quantum vmPRO, Scalar and StorNext are either registered trademarks or 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.
"Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Specifically, without limitation, our statements regarding our new object storage product offering, including the related benefits, capabilities, market opportunities, availability and cloud services based on the offering, are forward-looking statements within the meaning of the Safe Harbor. All forward-looking statements in this press release are based on information available to Quantum on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause Quantum's actual results to differ materially from those implied by the forward-looking statement. More detailed information about these risk factors, and additional risk factors, are set forth in Quantum's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Item 1A. Risk Factors," in Quantum's Annual Report on Form 10-K filed with the Securities and Exchange Commission on June 14, 2011 and Quantum's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on February 9, 2012. Quantum expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
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