Quantum Expands Hybrid Cloud Leadership With New Features Across End-To-End Unstructured Data Platform
Portfolio Pulse from Happy Mohamed
Quantum Corporation (NASDAQ:QMCO) has announced new features in its end-to-end data platform to enhance hybrid cloud workflow. The new features include Quantum DXi Cloud Share, Quantum FlexSync 3, and Quantum ActiveScale Cold Replication. These features aim to increase operational agility, reduce business risk, and optimize costs across on-prem and public cloud resources. The new ActiveScale Cold Replication feature and FlexSync 3 are available immediately, while DXi Cloud Share is planned for release in Q4 2023.
August 30, 2023 | 12:07 pm
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Quantum Corporation's new features in its data platform could potentially increase its market share in the hybrid cloud sector. The immediate availability of some features could lead to a short-term increase in revenue.
The announcement of new features in Quantum's data platform signifies the company's commitment to innovation and customer satisfaction. These features, which aim to enhance hybrid cloud workflow, could attract new customers and retain existing ones, potentially leading to increased revenue. The immediate availability of some features could lead to a short-term increase in sales, positively impacting the company's stock price.
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