SAN JOSE, Calif.: Quantum Corp. has highlighted the unique value its scale-out storage solutions are providing to customers as the key factor behind the tremendous growth in revenue from these solutions over the past year. In the company’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 increasingly turned to Quantum over the past year to meet their scale-out storage needs.
- Tristan Earl
- Industry News
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