Quantum announces scale-out storage revenue growth of 74%

In Quantum’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 turned to Quantum to meet their scale-out storage needs.

During the year, Quantum introduced a variety of new scale-out solutions, including StorNext Pro Foundation for saller production workgroups, StorNext QXS-5600 high-capacity disk array, Q-Cloud Archive and Lattus 6TB Drives. The company also received a number of major industry accolades, including three honours for StorNex Pro Solutions. (The latest developments in StorNext were discussed by Quantum’s Alistair Washbourn during his presentation at SVG Europe’s SportTech Europe recently.)

Geoff Stedman, senior vice president, StorNext Solutions, Quantum: “Our tremendous success over the past year is a testament to the unique value our workflow-optimised solutions deliver in scale-out storage environments. As more and more customers are realising, no other vendor can provide the combination of high performance, low cost and intelligent, end-to-end data management across sites and the cloud that we offer with StorNext and Lattus.”