Quantum Corporation (Quantum) stores and manages digital video and other forms of unstructured data. The company provides streaming performance for video and rich media applications, along with long-term storage systems for data protection and archiving.
The company helps customers around the world capture, create and share digital data and preserve and protect it for decades. The company’s software-defined, hyperconverged storage solutions span from non-violate memory express (NVMe), to solid...
Quantum Corporation (Quantum) stores and manages digital video and other forms of unstructured data. The company provides streaming performance for video and rich media applications, along with long-term storage systems for data protection and archiving.
The company helps customers around the world capture, create and share digital data and preserve and protect it for decades. The company’s software-defined, hyperconverged storage solutions span from non-violate memory express (NVMe), to solid state drives, (SSD), hard disk drives, (HDD), tape and the cloud and are tied together leveraging a single namespace view of the entire data environment. The company works closely with a broad network of distributors, value-added resellers (VARs), direct marketing resellers (DMRs), original equipment manufacturers (OEMs) and other suppliers to meet customers’ evolving needs.
Products and Services
The company's portfolio of products includes primary storage software and systems, secondary storage software and systems, as well as devices and media.
Primary Storage Software and Systems include:
Myriad All-Flash Software-Defined Storage: All-flash scale-out file and object storage for high performance enterprise unstructured data applications, such as AI, machine learning, and data analytics.
StorNext Hybrid Flash/Disk File Storage Software: For video editing, post-production, and streaming applications, as well as large digital file archives.
Unified Surveillance Platform Software: Unified compute and storage for video surveillance recording, storage, and analytics.
Secondary Storage Software and Systems include:
ActiveScale Object Storage Software: Extremely scalable and durable storage for building massive data lakes, storage clouds, and cold archives.
DXi Backup Appliances: Purpose-built backup appliances for high-speed backup and recovery and multisite data protection.
Scalar Tape Storage: Secure storage for long-term data archiving and offline data protection. Scalar tape storage systems are used by the world’s largest hyperscalers, as well as thousands of enterprises worldwide.
CatDV Asset Management Software: For indexing, cataloging, AI data enrichment, and workflow orchestration, making data easily searchable and accessible so it can contribute to business insights.
Devices and Media includes the sale of standalone linear-tape open tape drives for small business data protection and archiving, and linear-tape open media for use in tape storage systems.
The company also offers a broad portfolio of services, including 24x7x365 global support, deployment and consulting services, education services, and Quantum-as-a-Service. The company's services are delivered with a combination of expertise and technology, including the MyQuantum Service Delivery Platform, and Cloud-Based Analytics (CBA) AIOps software for proactive remote monitoring.
Global Support and Services, and Warranty
The company's global services strategy is an integral component of its total customer solution. Consequently, the company's ability to provide comprehensive installation and integration services, as well as maintenance services can be a noteworthy competitive advantage to attract new customers and retain existing customers.
The company's extensive use of technology and innovative product intelligence allows it to scale its global services operations to meet the needs of its customers. The company is able to provide service to customers in more than 100 countries, supported by 24-hour, multi-language technical support centers located in North America, Europe, and Asia. The company provides its customers with warranty coverage on the company's products. Customers with high availability requirements may also purchase additional services to obtain faster response times on the company's high-performance shared storage systems, tape systems, and disk backup systems. The company offers this additional support coverage at a variety of response levels up to 24-hours a day, seven-days-a-week, 365-days-a-year, for customers with stringent high-availability needs. The company provides support ranging from repair and replacement to 24-hour rapid exchange to on-site service support for the company's midrange and enterprise-class products. In addition to these traditional installation and maintenance services, the company provides project management, managed services, and other value-added services to enhance the company's customer's experience and engagement. These incremental services create a deeper relationship with customers that enables them to maximize the value of the company's solution and better positions the company to retain its customers through technology transitions.
The company generally warrants its hardware products against defects for periods ranging from one to three years from the date of sale. The company provides warranty and non-warranty repair services through its service team and third-party service providers. In addition, the company utilizes various other third-party service providers throughout the world to perform repair and warranty services for the company to reach additional geographic areas and industries to provide quality services in a cost-effective manner.
Sales and Distribution Channels
Product Sales Channels
The company utilizes distributors, value-added resellers ('VARs') and direct market resellers ('DMRs') in its sales process. The company's reseller program provides its channel partners the option of purchasing products directly or through distribution channels and provides them access to a more comprehensive product line. Additionally, the company sells directly to multiple large corporate entities and government agencies.
OEM Relationships
The company sells its products to several original equipment manufacturer ('OEM') customers that resell the company's hardware products under their own brand names and typically assume responsibility for product sales, end user service and support. The company also licenses its software to certain OEM customers that include this software in their own brand name products. These OEM relationships enable the company to reach end users not served by its branded distribution channels or the company's direct sales force. They also allow the company to sell to select geographic or vertical markets where specific OEMs have exceptional strength.
Customers
The company provides solutions to multiple industries globally. Historically, its primary customers are in hyperscale, technology and industrial, media and entertainment, federal government, life sciences and healthcare, and financial industries. In addition, the company sells to OEMs, distributors, VARs and DMRs to reach end user customers.
Competition
The company’s primary storage solutions, including object storage systems, primarily face competition from the EMC business unit of Dell Inc. (Dell), International Business Machines Corporation, (IBM), NetApp, Inc., and other enterprise storage vendors in the markets it serves.
The company’s secondary storage solutions, primarily tape storage systems, compete in the midrange and enterprise reseller and end user markets with IBM and other tape library vendors. Competitors for entry-level and OEM tape systems include BDT Products, Inc. The company’s backup storage systems primarily compete with products sold by Dell, Hewlett Packard Enterprise Company and Veritas Technologies LLC.
Intellectual Property
As of March 31, 2024, the company held over 221 U.S. patents. In general, these patents have a 20-year term from the first effective filing date for each patent.
Seasonality
The company generally has the greatest demand for the company's products and services in the fourth quarter of each calendar year, or its fiscal third quarter. The company usually experiences the lowest demand for the company's products and services in the first and second quarters of each calendar year (year ended March 2024), or its fiscal fourth quarter and fiscal first quarter, respectively.
History
Quantum Corporation was founded in 1980. The company was incorporated in 1987.