Welcome!

Blog Feed Post

Like Data They Protect For Now Quantum Revenues Continue To Grow

For Now Quantum Revenues Continue To Grow

server storage I/O data infrastructure trends

For Now Quantum Revenues Continue To Grow. The other day following their formal announced, I received an summary update from Quantum pertaining to their recent Q1 Results (show later below).

Data Infrastructures Protect Preserve Secure and Serve Information
Various IT and Cloud Infrastructure Layers including Data Infrastructures

Quantums Revenues Continue To Grow Like Data

One of the certainties in life is change and the other is continued growth in data that gets transformed into information via IT and other applications. Data Infrastructures fundamental role is to enable an environment for applications and data to be transformed into information and delivered as services. In other words, Data Infrastructures exist to protect, preserve, secure and serve information along with the applications and data they depend on. Quantums role is to provide solutions and technologies for enabling legacy and cloud or other software defined data infrastructures to protect, preserve, secure and serve data.

What caught my eye in Quantums announcements was that while not earth shattering growth numbers normally associated with a hot startup, being a legacy data infrasture and storage vendor, Quantum's numbers are hanging in there.

At a time when some legacy as well as startups struggle with increased competition from others including cloud, Quantum appears for at least now to be hanging in there with some gains.

The other thing that caught my eye is that most of the growth not surprisingly is non tape related solutions, particular around their bulk scale out StorNext storage solutions, there is some growth in tape.

Here is the excerpt of what Quantum sent out:

Highlights for the quarter (all comparisons are to the same period a year ago):

•	Grew total revenue and generated profit for 5th consecutive quarter
•	Total revenue was up slightly to $117M, with 3% increase in branded revenue
•	Generated operating profit of $1M with earnings per share of 4 cents, up 2 cents
•	Grew scale-out tiered storage revenue 10% to $34M, with strong growth in video surveillance and technical workflows
o	Key surveillance wins included deals with an Asian government for surveillance at a presidential palace and other government facilities, with a major U.S. port and with four new police department customers
o	Established several new surveillance partnerships – one of top three resellers/integrators in China (Uniview) and two major U.S. integrators (Protection 1 and Kratos)
o	Won two surveillance awards for StorNext – Security Industry Association’s New Product Showcase award and Security Today magazine’s Platinum Govies Government Security award
o	Key technical workflow wins included deals at an international defense and aerospace company to expand StorNext archive environment, a leading biotechnology firm for 1 PB genomic sequencing archive, a top automaker involving autonomous driving research data and a U.S. technology institute involving high performance computing  
o	Announced StorNext 6, which adds new advanced data management features to StorNext’s industry-leading performance and is now shipping
o	Announced scale-out partnerships with Veritone on artificial intelligence and DataFrameworks on data visualization and management  
•	Tape automation, devices and media revenue increased 6% overall while branded revenue for this product category was up 14%
o	Strong sales of newest generation Scalar i3 and i6 tape libraries
•	Established new/enhanced data protection partnerships
o	Enhanced partnership with Veeam, making it easier for their customers to deploy 3-2-1 data protection best practices
o	Became Pure Storage alliance partner, providing our data protection and archive solutions for their customers through mutual channel partners

Where To Learn More

Learn more about related technology, trends, tools, techniques, and tips with the following links.

What This All Means

Keep in mind that Data Infrastructures fundamental role is to enable an environment for applications and data to be transformed into information and delivered as services. Data Infrastructures exist to protect, preserve, secure and serve information along with the applications and data they depend on. Quantum continues to evolve their business as they have for several years from one focused on tape and related technologies to one that includes tape as well as many other solutions for legacy as well as software defined, cloud and virtual environments. For now, quantum revenues continue to grow and diversify.

Ok, nuff said, for now.
Gs

Greg Schulz - Microsoft MVP Cloud and Data Center Management, VMware vExpert 2010-2017 (and vSAN). Author of Software Defined Data Infrastructure Essentials (CRC Press), as well as Cloud and Virtual Data Storage Networking (CRC Press), The Green and Virtual Data Center (CRC Press), Resilient Storage Networks (Elsevier) and twitter @storageio.

All Comments, (C) and (TM) belong to their owners/posters, Other content (C) Copyright 2006-2017 Server StorageIO(R) and UnlimitedIO All Rights Reserved

Read the original blog entry...

More Stories By Greg Schulz

Greg Schulz is founder of the Server and StorageIO (StorageIO) Group, an IT industry analyst and consultancy firm. Greg has worked with various server operating systems along with storage and networking software tools, hardware and services. Greg has worked as a programmer, systems administrator, disaster recovery consultant, and storage and capacity planner for various IT organizations. He has worked for various vendors before joining an industry analyst firm and later forming StorageIO.

In addition to his analyst and consulting research duties, Schulz has published over a thousand articles, tips, reports and white papers and is a sought after popular speaker at events around the world. Greg is also author of the books Resilient Storage Network (Elsevier) and The Green and Virtual Data Center (CRC). His blog is at www.storageioblog.com and he can also be found on twitter @storageio.

Latest Stories
SYS-CON Events announced today that Daiya Industry will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Daiya Industry specializes in orthotic support systems and assistive devices with pneumatic artificial muscles in order to contribute to an extended healthy life expectancy. For more information, please visit https://www.daiyak...
SYS-CON Events announced today that Nihon Micron will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nihon Micron Co., Ltd. strives for technological innovation to establish high-density, high-precision processing technology for providing printed circuit board and metal mount RFID tags used for communication devices. For more inf...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
SYS-CON Events announced today that Suzuki Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Suzuki Inc. is a semiconductor-related business, including sales of consuming parts, parts repair, and maintenance for semiconductor manufacturing machines, etc. It is also a health care business providing experimental research for...
"Our strategy is to focus on the hyperscale providers - AWS, Azure, and Google. Over the last year we saw that a lot of developers need to learn how to do their job in the cloud and we see this DevOps movement that we are catering to with our content," stated Alessandro Fasan, Head of Global Sales at Cloud Academy, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
Many organizations adopt DevOps to reduce cycle times and deliver software faster; some take on DevOps to drive higher quality and better end-user experience; others look to DevOps for a clearer line-of-sight to customers to drive better business impacts. In truth, these three foundations go together. In this power panel at @DevOpsSummit 21st Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, industry experts will discuss how leading organizations build application success from all...
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.
Cloud-based disaster recovery is critical to any production environment and is a high priority for many enterprise organizations today. Nearly 40% of organizations have had to execute their BCDR plan due to a service disruption in the past two years. Zerto on IBM Cloud offer VMware and Microsoft customers simple, automated recovery of on-premise VMware and Microsoft workloads to IBM Cloud data centers.
Why Federal cloud? What is in Federal Clouds and integrations? This session will identify the process and the FedRAMP initiative. But is it sufficient? What is the remedy for keeping abreast of cutting-edge technology? In his session at 21st Cloud Expo, Rasananda Behera will examine the proposed solutions: Private or public or hybrid cloud Responsible governing bodies How can we accomplish?
Today traditional IT approaches leverage well-architected compute/networking domains to control what applications can access what data, and how. DevOps includes rapid application development/deployment leveraging concepts like containerization, third-party sourced applications and databases. Such applications need access to production data for its test and iteration cycles. Data Security? That sounds like a roadblock to DevOps vs. protecting the crown jewels to those in IT.
SYS-CON Events announced today that Cedexis will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Cedexis is the leader in data-driven enterprise global traffic management. Whether optimizing traffic through datacenters, clouds, CDNs, or any combination, Cedexis solutions drive quality and cost-effectiveness.
Elon Musk is among the notable industry figures who worries about the power of AI to destroy rather than help society. Mark Zuckerberg, on the other hand, embraces all that is going on. AI is most powerful when deployed across the vast networks being built for Internets of Things in the manufacturing, transportation and logistics, retail, healthcare, government and other sectors. Is AI transforming IoT for the good or the bad? Do we need to worry about its potential destructive power? Or will we...
SYS-CON Events announced today that B2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. B2Cloud specializes in IoT devices for preventive and predictive maintenance in any kind of equipment retrieving data like Energy consumption, working time, temperature, humidity, pressure, etc.