Quantum Corp. Announces Subscription Model

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SAN JOSE, Calif., May 1, 2024 — Data Management solutions company Quantum Corporation (NASDAQ: QMCO) today announced the availability of Quantum GO, a subscription model to meet growing data demands and cost objectives. 

Organizations with large and growing data management requirements — particularly as artificial intelligence (AI) and machine learning (ML) continue to drive massive data growth — face the challenge of keeping up with those demands, often with limited budgets. Public cloud storage can generate high and unpredictable costs, and it can be difficult to estimate and purchase years of storage requirements in advance.

Quantum GO offers customers the best of both worlds—a private cloud experience with a low initial entry point and low fixed monthly payment options for a true storage-as-a-service experience. As storage requirements increase, Quantum GO gives customers the added advantage of a simple ‘pay-as-you-grow’ subscription model.  

Quantum GO is especially beneficial for customers who need long-term archiving, the ability to create massive data lakes for AI/ML, or who want to build private clouds where ActiveScale object storage is an ideal fit. However, Quantum GO is available for most Quantum solutions.  Each Quantum GO implementation is managed and monitored by Quantum Support.  

Quantum GO is available in flexible durations, with either monthly, quarterly, or annual payments, and even options for deferred initial costs and payments to help customers secure the subscription that meets their needs.  

Key benefits of Quantum GO include: 

·                Public Cloud Experience in Customer’s Data Center:  
Pay on a subscription model and enjoy a cloud-like support experience where the infrastructure is deployed and managed for you. 

·                Remove Hidden Fees:  
Store and access data for optimal workflow without worrying about unpredictable egress or other access fees.  

·                Security Your Way: 
Gain better control and security over data – the solution is installed in the customer’s data center or third-party data center as a secure private cloud solution.  

·                Pay-As-You-Grow:  
Choose the length of term and initial commitment to get started, then pay as you grow for a true cloud-like experience. 

·                Always Up to Date:  
Gain confidence that technology is up to date and always serviced with complete solution management and monitoring from Quantum Support.

“We are thrilled to offer Quantum GO, which provides our customers with seamless access to our end-to-end data management solutions,” said Ross Fujii, chief customer officer at Quantum. “By offering flexible payment options, we aim to alleviate the financial burden associated with initial purchases, upgrading or expanding data management platforms, allowing businesses to focus on their core objectives.”  Quantum GO will offer organizations a range of purchasing plans designed to align with their budgetary constraints and operational requirements. Whether businesses are looking to deploy on-premises storage solutions or embrace cloud-based storage architectures, they can now leverage the expertise and purchasing options of Quantum solutions to drive innovation in whatever stage they are in their digital transformation journey.  Quantum GO is available immediately. For more information, visit the Quantum GO web page.

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