Quantum Corp (NASDAQ: QMCO) |
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Quantum's Comment on Competition 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 Q4 2024 |
*Market share is calculated based on total revenue.
News about Quantum Corp Contracts |
April 29, 2025
Quantum Corporation Accelerates Partner Growth Amid Quantum Tech Era As the world rapidly transitions into the quantum era, organizations are reimagining their technological framework to stay ahead of the curve. Quantum Corporation (NASDAQ: QMCO), a renowned leader in data storage and management solutions, is making significant strides to ensure its partners are well-equipped for this transformative journey. Recently recognized with the prestigious 2025 CRN 5-Star Partner Program accolade, Quantum has unveiled robust enhancements to its Quantum Alliance Partner Program, crucial for driving partner growth in a market increasingly defined by AI, analytics, and innovation.This strategic move comes at a pivotal ...
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April 30, 2024
Quantum Corporation, a leading provider of end-to-end data management solutions for the AI era, has recently unveiled its plans to expand its global partnership model across key markets in the Asia-Pacific region. With a successful track record in countries like China, India, and Singapore, Quantum aims to replicate its achievements by establishing a stronger presence in South Korea, Japan, Australia, and New Zealand. This strategic move highlights the company s commitment to capitalize on the region s growing demand for advanced data management solutions.Expanding the Global Partnership Model:Quantum has made significant strides in nurturing partnerships in various Asian markets, which has enabled the compa...
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February 14, 2024
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Publicly Traded Peers of Quantum Corp
Dell Technologies Inc Share Performance
+22.48%
30 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
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Hewlett Packard Enterprise Company Share Performance
-20.43%
This Quarter
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Hewlett Packard Enterprise Company
Profile
Hewlett Packard Enterprise Company operates as a global technology solutions provider, focusing on optimizing IT environments for clients. The company offers a wide range of products, services, and software solutions tailored to diverse industries. With a strong emphasis on innovation, HPE aims to deliver transformative outcomes through expertise in hybrid cloud, edge computing, and intelligent data management.
More about Hewlett Packard Enterprise Company's Market Share
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International Business Machines Corporation Share Performance
+3.98%
Over The Past 5 Days
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International Business Machines Corporation
Profile
International Business Machines Corporation (IBM) operates on a business model centered around delivering comprehensive technology products and services to enterprises globally, focusing on software, hardware, cloud computing, artificial intelligence, and consulting. Through these offerings, IBM seeks to enhance organizational efficiency, foster innovation, and support clients in achieving their digital transformation objectives.
More about International Business Machines Corporation's Market Share
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Netapp Inc Share Performance
-11.76%
One Year
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Netapp Inc
Profile
NetApp Incs business model focuses on delivering comprehensive data management solutions, which include cloud data services, software-defined storage, and data infrastructure management, to assist organizations in managing their data efficiently. The company provides a diverse array of hardware and software products designed to meet the specific data requirements of enterprises across various sectors, enabling them to optimize storage and enhance data management processes. Through a combination of innovative technologies and strategic partnerships, NetApp empowers businesses to protect, store, and utilize their data effectively in an increasingly digital landscape.
More about Netapp Inc 's Market Share
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Nutanix Inc Share Performance
+6.85%
Over The Past 5 Days
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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
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Oracle Corporation Share Performance
+9.84%
30 Days
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Oracle Corporation
Profile
Oracle Corporations business model focuses on providing enterprise software solutions and cloud services. It generates revenue through software licenses, cloud subscriptions, and consulting and support services, addressing data management needs and the increasing demand for cloud technologies.
More about Oracle Corporation's Market Share
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Pure Storage Inc Share Performance
-29.43%
This Quarter
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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
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D wave Quantum Inc Share Performance
-17.69%
This Year
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D wave Quantum Inc
Profile
D-Wave Quantum Inc. is a tech company that focuses on quantum computing. Their business model involves developing and selling quantum computers and related services. They target customers who require advanced computational power for solving complex problems in various fields such as finance, healthcare, and logistics.
More about D wave Quantum Inc 's Market Share
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Super Micro Computer Inc Share Performance
+4.30%
30 Days
|
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
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Sources: Quantum Corp and all companies mentioned above in this report
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