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Quantum Corp  (QMCO)
Other Ticker:  
 
    Sector  Technology    Industry Computer Hardware
   Industry Computer Hardware
   Sector  Technology

Quantum's

Competitiveness


 

QMCO Sales vs. its Competitors Q2 2023



Comparing the current results to its competitors, Quantum reported Revenue decrease in the 2 quarter 2023 year on year by -6.33 %, faster than the overall decrease of Quantum's competitors by -0.01 %, recorded in the same quarter.

List of QMCO Competitors





Revenue Growth Comparisons




Net Income Comparison


Quantum Corp Net Income in 2 quarter 2023 declined year on year by 0 %, despite income growth by most of its competitors recorded a net loss , despite income increase by most of its competitors of 7.78 %

<<  QMCO Stock Performance Comparisons


Quantum's Comment on Competitors and Industry Peers


The markets in which we participate are highly competitive, characterized by rapid technological change and changing customer requirements. In some cases, our competitors in one market area are customers or suppliers in another. Our competitors often have greater financial, technical, manufacturing, marketing, or other resources than we do. Additionally, the competitive landscape continues to change due to merger and acquisition activity as well as new entrants into the market.
As our customers look to use more public cloud storage services, these providers offer a competitive alternative, as well as new platforms and new ways to deploy our software. We expect that the data storage infrastructures of the future will be both hybrid-cloud and multi-cloud, meaning our customers will store their data in the various large public cloud environments, and also want to use services from multiple public cloud vendors.
Our primary storage systems and object storage systems primarily face competition from the EMC business unit of Dell Inc., (“Dell”), International Business Machines Corporation, (“IBM”), NetApp, Inc., (“NetApp”), and other enterprise storage vendors in the markets we serve.
Our tape storage systems primarily compete in the midrange and enterprise reseller and end user markets with IBM and other tape library vendors. Competitors for entry-level and OEM tape systems include BDT Products, Inc. and several others that supply or manufacture similar products. In addition, disk backup products and cloud storage are an indirect competitive alternative to tape storage.
Our backup storage systems primarily compete with products sold by Dell, HPE and Veritas Technologies LLC.



  

Overall company Market Share Q2 2023

Overall company, revenue fell by -6.33 % and company lost market share, to approximately 0.15 %.




<<  More on QMCO Market Share.
 
*Market share is calculated based on total revenue.

  News about Quantum Corp Contracts




Who are Quantum Corp's Competitors?




Dell Technologies Inc
Share Performance



+2.02%
Over The Past 5 Days



Dell Technologies Inc
Profile

Dell Technologies Inc operates as a multinational technology corporation that provides hardware, software, and IT solutions to businesses and individuals worldwide.

More about Dell Technologies Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 55,667.333 mill. $ 92,512.000 mill. $ 5,165.000 mill.


Hewlett Packard Enterprise Company
Share Performance



+7.97%
30 Days



Hewlett Packard Enterprise Company
Profile

Hewlett Packard Enterprise Company operates as a global technology solutions provider, focusing on helping clients optimize their IT environments. The company offers a wide range of products, services, and software solutions that cater to a variety of industries and customer demands. With an emphasis on innovation, HPE aims to deliver transformative outcomes by leveraging their expertise in areas such as hybrid cloud, edge computing, and intelligent data management.

More about Hewlett Packard Enterprise Company's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 21,740.320 mill. $ 29,655.000 mill. $ 1,079.000 mill.


Nutanix Inc
Share Performance



+47.06%
One Year



Nutanix Inc
Profile

Nutanix Inc operates as a cloud computing software company, providing hyper-converged infrastructure solutions that integrate storage, virtualization, and networking into a single platform. They offer their software and services to enterprises, enabling them to manage and optimize their data centers by simplifying infrastructure complexities.

More about Nutanix Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 9,705.976 mill. $ 1,862.708 mill. $ -254.560 mill.


Oracle Corporation
Share Performance



+38.70%
This Year



Oracle Corporation
Profile

Oracle Corporation is a multinational technology company that primarily operates in the database software and cloud services industry. The company generates revenue through the sale of its software licenses, cloud subscriptions, and offering services like consulting and support. Oracle's business model centers around providing enterprise software solutions, facilitating data management, and capitalizing on the growing demand for cloud services.

More about Oracle Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 327,806.760 mill. $ 96,308.000 mill. $ 9,375.000 mill.


Pure Storage Inc
Share Performance



+1.44%
Over The Past 5 Days



Pure Storage Inc
Profile

Pure Storage Inc has a business model centered around offering data storage solutions for enterprise customers. They provide all-flash storage arrays that are high-performance, reliable, and scalable, catering to the needs of businesses with large amounts of data. With a focus on simplicity and efficiency, Pure Storage aims to deliver a compelling storage experience while enhancing customer experience and minimizing costs.

More about Pure Storage Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 11,739.714 mill. $ 2,191.465 mill. $ -217.162 mill.


Super Micro Computer Inc
Share Performance



+12.73%
This Quarter



Super Micro Computer Inc
Profile

Super Micro Computer Inc is a technology company that designs, manufactures, and sells server systems and components.

More about Super Micro Computer Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 16,448.122 mill. $ 7,389.573 mill. $ 612.577 mill.



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