Quantum Seeks to Regain Profitability and Growth

Quantum’s Road to Recovery Quantum, a company that has been a significant player in the data storage industry for decades, is facing a critical juncture in its history. After experiencing a decline in revenue and profitability, the company is now focused on clawing its way back to financial stability and growth. Current State of Affairs The company’s financial struggles have been well-documented, with declining revenue and increasing losses over the past few years....

November 25, 2024 · Tony Redgrave

NetApp's Q2 2025: Revenue Growth and Cloud Expansion

NetApp’s Q2 2025 Performance: A Deep Dive NetApp’s Q2 2025 financial results have been released, providing insight into the company’s performance over the past quarter. In this article, we will analyze the key highlights from the report, exploring the trends and factors that have influenced NetApp’s results. Revenue Growth NetApp’s revenue for Q2 2025 has shown a notable increase, with a total revenue of $1.57 billion. This represents a growth of 11% year-over-year, driven primarily by the company’s strong performance in the cloud and all-flash storage markets....

November 22, 2024 · Emmy Wolf

Storage news ticker - 22 November 2024

Storage News Roundup New Storage Products and Releases Several new storage products and releases have been announced recently. A new all-flash storage array has been launched, designed to provide high performance and low latency for demanding workloads. This array features a new controller design and improved software capabilities. A leading storage vendor has announced a new line of hybrid storage arrays, which combine the benefits of flash and hard disk drives....

November 22, 2024 · Carl Corey

AI Processing Speeds 'Continue to Improve' in MLPerf Training

AI Processing Speeds Continue to Improve in MLPerf Training The latest results from the MLPerf training benchmark have been released, showing continued improvements in AI processing speeds across a range of hardware platforms. MLPerf Training Benchmark The MLPerf training benchmark is a widely recognized standard for measuring the performance of AI systems. It evaluates the time it takes to train a range of AI models, including image classification, object detection, and natural language processing....

November 20, 2024 · Tony Redgrave

Huawei Developing MEDS to Combat Disk Ship Stop Sickness

Huawei’s MEDS Solution to Mitigate Disk Ship Stop Sickness Huawei is actively developing its Multi-Engine Data Storage (MEDS) solution to combat the issue of disk ship stop sickness. This innovative approach aims to provide a more reliable and efficient data storage system. Understanding Disk Ship Stop Sickness Disk ship stop sickness refers to the phenomenon where disk shipments come to a halt due to various reasons such as supply chain disruptions, manufacturing issues, or natural disasters....

November 20, 2024 · Carl Corey

Storage News Ticker - 17 October 2024

Storage News Highlights Recent Developments in the Storage Industry The storage industry has witnessed significant advancements in recent times, with various companies and organizations making notable announcements and releases. Here are some of the key highlights from the storage news ticker: New Storage Products and Releases A leading storage company has announced the launch of its new NVMe SSD, designed to provide high-performance storage solutions for data centers and cloud computing applications....

November 20, 2024 · Tony Redgrave

Cloudian Supports Nvidia GPUDirect Acceleration for Object Storage

Cloudian Enhances Object Storage with NVIDIA GPUDirect Acceleration Cloudian has announced its support for NVIDIA GPUDirect acceleration, a technology designed to improve the performance of object storage systems. This development is expected to significantly enhance the capabilities of Cloudian’s object storage solutions, particularly in environments where data-intensive workloads are prevalent. What is NVIDIA GPUDirect Acceleration? NVIDIA GPUDirect acceleration is a technology that enables direct data transfer between NVIDIA GPUs and storage systems, bypassing traditional CPU-based data transfer methods....

November 20, 2024 · Tony Redgrave

CoreWeave Reaches $2.3B Valuation

CoreWeave’s $2.3B Valuation: A New Era for Cloud Computing Cloud computing has revolutionized the way businesses operate, providing scalable and on-demand access to computing resources. In recent years, the cloud market has experienced rapid growth, with new players emerging to challenge the dominance of established providers. One such player is CoreWeave, a cloud infrastructure company that has recently achieved a valuation of $2.3 billion. The Rise of CoreWeave CoreWeave was founded in 2017 with the goal of providing a new type of cloud infrastructure that is optimized for specific workloads....

November 20, 2024 · Carl Corey

DDN Increases A3I Data Platform Speed

DDN Increases A3I Data Platform Speed DDN, a leading provider of artificial intelligence (AI) and high-performance computing (HPC) storage solutions, has announced significant performance enhancements to its A3I data platform. The upgraded platform is designed to support the growing demands of AI, HPC, and analytics workloads, providing faster data access and processing capabilities. Enhanced Performance Capabilities The A3I data platform’s performance boost is attributed to several key enhancements, including: Increased Throughput: DDN has optimized the platform’s architecture to deliver higher throughput rates, enabling faster data transfer and processing....

November 20, 2024 · Tony Redgrave

DDN Supplying Storage for XAI's Grok 3 Colossus AI Supercomputer

DDN Supplying Storage for XAI’s Grok 3 Colossus AI Supercomputer DDN, a leading provider of storage solutions, has been selected to supply storage for XAI’s Grok 3 Colossus AI supercomputer. This partnership marks a significant milestone in the development of AI technology, as the Grok 3 Colossus is designed to be one of the most powerful AI supercomputers in the world. The Need for High-Performance Storage The Grok 3 Colossus AI supercomputer is a massive system that requires high-performance storage to handle the vast amounts of data it processes....

November 20, 2024 · Carl Corey