Quantum Launches ADM to Cut Storage Costs and Improve Data Management
Quantum Corp introduced Quantum Autonomous Data Management (ADM) to help organizations understand data better, reduce storage costs, lower risk, and improve operational efficiency amid rapidly growing data volumes. In fiscal Q1, revenue rose 25.7% to $80.8 million on demand for ActiveScale and tape storage, with backlog up and guidance raised, citing operating leverage and improving profitability and cash generation.