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Quantum Unveils Scalability Upgrades for Myriad All-Flash File System
QuantumQuantum(US:QMCO) ZACKSยท2025-01-31 15:31

Core Insights - Quantum Corporation (QMCO) has upgraded its Quantum Myriad all-flash file system, introducing the first in-place scaling with automatic data leveling to meet the storage demands of the AI era [1][3] Group 1: Scalability Features - The new scalability features allow customers to begin with five partially populated NVMe Storage Server nodes and expand as needed, with additional storage available in minutes without administrative intervention or service disruption [2] - Myriad can store up to 6 PB in five rack space units (5U) and 12 PB in 10U, utilizing high-density drive options of 61.44 TB and 122.88 TB [4][5] - With automatic inline data compaction and deduplication, customers can achieve up to 240 PB with 10 nodes and 480 PB with 20 nodes, maximizing storage efficiency while reducing rack space and operational costs [5] Group 2: Performance and Integration - Customers can achieve up to 80% usable capacity with n+2 data protection, and future updates are expected to allow for unlimited scalability while maintaining high usable capacity [6] - Myriad will integrate seamlessly with Quantum's ActiveScale object storage, supporting AI/ML and data-intensive workloads, facilitating large dataset ingestion, archiving, and data lake operations [7] Group 3: Market Demand and Growth - Management is focused on growth areas like Myriad and ActiveScale, with a strong pipeline growth reported in the last quarter [8] - In December 2024, Quantum introduced an advanced parallel file system client for Myriad, enhancing support for NVIDIA GPUDirect Storage and enabling integration of powerful GPU nodes for demanding workloads [8] - In the second quarter of fiscal 2025, a customer selected Myriad and ActiveScale Cold Storage for high-speed primary and secure long-term storage, indicating positive momentum despite ongoing challenges [9]