Quantum Unveils Scalability Upgrades for Myriad All-Flash File System

Quantum Corporation QMCO has enhanced its Quantum Myriad all-flash file system, offering the first-ever in-place scaling with automatic data leveling. These upgrades provide greater flexibility and adaptability, helping customers manage evolving artificial intelligence (AI)-era storage needs.The new scalability features allow customers to start with five partially populated NVMe Storage Server nodes and expand one or more nodes at a time, with added storage available in minutes—without admin intervention or service disruption.This ensures seamless growth, maintaining linear performance with automatic data leveling. This approach maximizes usable storage per node, eliminates disruptive forklift upgrades and enables on-the-fly expansion. The new features are anticipated to be available in the latter half of 2025.Quantum Corporation Price and Consensus Quantum Corporation price-consensus-chart | Quantum Corporation QuoteWhat Does the QMCO’s Myriad New Scalability Feature Offer?The new scalability features allow extra drives to be added as needed.High-density drive options of 61.44 TB and 122.88 TB will enable greater storage capacity and cost savings, beginning with Solidigm D5-P5336 61 TB and 122 TB NVMe drives.These high-density drives enable Myriad to store up to 6 PB in five rack space units (5U) and 12 PB in 10U. QMCO added that with automatic inline data compaction and deduplication providing up to 20x data reduction, customers can achieve up to 240 PB with 10 nodes and 480 PB with 20 nodes. This maximizes storage efficiency while reducing rack space and operational costs.Even with just 5–10 nodes, customers get up to 80% usable capacity with n+2 data protection. In future updates, Myriad is anticipated to increase to 20 nodes and eventually offer unlimited scalability while maintaining up to 80% usable capacity and n+m data protection. The system will also support up to 400 GbE Ethernet RDMA for maximum cluster performance and integrate with ActiveScale for seamless data archiving and expansion.Myriad will seamlessly integrate with Quantum’s ActiveScale object storage to support AI/machine learning (ML) and data-intensive workloads, enabling large dataset ingestion, archiving, recall and data lake operations.Demand for Myriad & ActiveScale Bode Well for QMCOManagement remains focused on key growth areas like Myriad and ActiveScale, with strong pipeline growth experienced in the last reported quarter. In December 2024, Quantum extended support for the NVIDIA GPUDirect Storage capability by introducing an advanced parallel file system client for its Myriad all-flash file system. The innovation also offers on-the-fly deployment of client nodes across diverse platforms, including support for NVIDIA Grace Hopper with Grace ARM-based architectures. The new client enables seamless integration of powerful GPU nodes into Myriad clusters, tailored for demanding workloads such as AI/ML model training, high-performance computing (HPC) visualization and video rendering.In second-quarter fiscal 2025, QMCO stated that a customer seeking high-speed primary and secure long-term storage chose Myriad and ActiveScale Cold Storage through a Quantum Go subscription. Although Quantum’s efforts are yet to reach the desired outcomes, the company is witnessing encouraging progress through product launches, including growing momentum with Myriad, along with improvements in operational efficiency.In October 2024, QMCO’s flagship ActiveScale platform expanded its Veeam Ready qualifications. Veeam Software supports Quantum's ActiveScale 7.0, which includes all-flash solutions for rapid ransomware recovery and reportedActiveScale Cold Storage for budget-friendly, air-gapped retention in the Veeam Archive Tier.QMCO’s Zacks Rank & Stock Price PerformanceQMCO currently carries a Zacks Rank #3 (Hold). Shares of the company have surged 429.5% in the past three months compared with the industry's growth of 10.4%.Image Source: Zacks Investment ResearchStocks to ConsiderSome better-ranked stocks from the broader technology space are BlackBerry Limited BB, InterDigital, Inc. IDCC and Intrusion Inc. INTZ. BB presently sports a Zacks Rank #1 (Strong Buy), whereas IDCC & INTZ carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.BlackBerry’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 131.25%. In the last reported quarter, BB delivered an earnings surprise of 200%. Its shares have surged 90.8% in the past six months.The Zacks Consensus Estimate for InterDigital’s 2024 earnings per share is pegged at $15.19, unchanged in the past 60 days. IDCC earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 163.7%. The company’s long-term earnings growth rate is 15%. Its shares have jumped 34.9% in the past six months.INTZ’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 43.06%. In the last reported quarter, Intrusion delivered an earnings surprise of 16.67%. Its shares have surged 66.2% in the past six months.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report InterDigital, Inc. (IDCC): Free Stock Analysis Report BlackBerry Limited (BB): Free Stock Analysis Report Intrusion Inc. (INTZ): Free Stock Analysis Report Quantum Corporation (QMCO): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks