We recently announced solid revenue results for our third fiscal quarter that exceeded our original revenue guidance. One of the product lines that contributed to this result was our object storage solution, ActiveScale.
INVESTING IN INNOVATION
Last spring, we introduced ActiveScale Cold Storage, a significant innovation for large-scale data archiving. Essentially, we were the first to introduce a low-cost S3 Glacier class of storage for the data center. ActiveScale is cloud object storage for your data center, and with the addition of its own cold Glacier-class tier, ActiveScale is the lowest cost, most secure, and greenest object storage platform in the world.
This innovation is perfect for any organization that needs to store and protect multiple Petabytes of data for many years. If your organization is managing at Petabyte-scale, we should talk. And if you are scaling from 10’s of Petabytes to 100’s of Petabytes or more, we should definitely talk. At massive scale, ActiveScale is a fraction of the cost of any other object storage system, consumes less power and cooling resulting in lower carbon emissions, and is the only object store that protects data on physically air-gapped storage with immutable object locking.
ADOPTION AT SCALE
In 2022, we had many large ActiveScale wins in industries including genomics, global semiconductor manufacturing, finance, and government agencies across the globe. Recently, a managed service provider has installed ActiveScale Cold Storage as the basis for cold storage services to their clients. Some of these organizations have well over 100 Petabytes of ActiveScale deployed and continue to expand their environments. They value the low acquisition and operational costs, and extreme availability, data protection and durability that ActiveScale provides.
We’ve also been recognized for our object storage innovation by industry analysts, including:
- Being named the leader in object archiving in the GigaOm Sonar Object Storage on Tape Report
- Being named a Leader in the Coldago Research Map 2022 for Object Storage
- We have also been recognized as a Visionary in the 2022 Gartner® Magic Quadrant™ for Distributed File Systems and Object Storage*
It’s great to see the customer adoption, along with recognition from the industry. We are excited to carry this momentum into 2023.
More big stuff coming from Quantum in the first half of this year – stay tuned!
Gartner, Magic Quadrant for Distributed File Systems and Object Storage, Julia Palmer, Jerry Rozeman, et al.., 19 October 2022. Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.