Articles about Quantum

Xcellis: From 'gateway' for NAS dabblers to pusher of hardcore scale-out NAS boxen

Quantum has announced an Xcellis scale-out NAS system, claiming performance is three times better than the next-best competing NAS system. Xcellis is hardware separated into Workflow Director Nodes and Workflow Director Storage. The Director Nodes run StorNext software, which provides access to a multi-tier and single …
Chris Mellor, 12 Dec 2017
Gacek_and_Cohen

Quantum CEO exits as scale-out storage rescue fails

It's blood on the boardroom table at Quantum as an activist investor joins the board, the CEO leaves, the scale-out storage revenue rescue strategy fails, revenues turn down, and hopes turn to a software-defined, cloud-native future. Deep breath folks, and a quick history lesson. Quantum was one of the dominant big-iron tape …
Chris Mellor, 10 Nov 2017
Bank vault

Quantum computers could crack Bitcoin, but fixes are available now

An international group of quantum boffins reckons Bitcoin could be broken by the year 2027. The researchers from Singapore, Australia and France say that scenario represents the worst case, and would see a quantum computer able to run Shor's algorithm against the cryptocurrency's protective elliptic curve signature quicker …
D-Wave chip

Google: We don't have a quantum computer yet, but we have a compiler

Google and rival Rigetti Computing have co-published what you could think of as an open source quantum compiler. OpenFermion, available here, is more formally described by the Chocolate Factory as a “platform for translating problems in chemistry and materials science into quantum circuits that can be executed on existing …
Defeated-looking young man puts his head against table in front of laptop and pile of papers in conference room. Pic via Shutterstock

Quantum's scale-out storage revenues didn't scale out enough

Quantum delivered flat results with its business in limbo and awaiting direction and tuning from the new and CEO-less board. Essentially Quantum's revenues and net income were flat on the annual compare, with a trivial rise in revenue and a trivial reduction in net loss.   Q1 Fy2018 Q1 Fy2017 Q4 Fy2018 Revenues $116, …
Chris Mellor, 10 Aug 2017

China's 'future-proof' crypto: We talk to firm behind crazy quantum key distribution network

Two hundred local government employees across the capital of China's eastern Shandong province will soon be encrypting messages with keys that are "impossible" to crack. QuantumCTek, headquartered in the humid, subtropical city of Hefei in eastern China, will next month launch a commercial network for creating and sharing …
Andrew Silver, 19 Jul 2017
drawing of live cat and cat skeleton

Israel gets spooky with national quantum lab

Israel has entered the quantum communications arms race, announcing it's going to build a national demonstrator for “spooky” communications. Don't get too excited: the network isn't going to protect ordinary punters' communications yet. The NIS 7.5 million (US$2.13 million) project is an academic demonstrator to be built at …

Just like knotted-up headphones: Entangled photons stay entwined over record distance

Pairs of entangled photons created on a satellite orbiting Earth have survived the long, perilous trip from space to ground stations. Crucially, they are still linked despite being picked up by receivers over 1,200km (745mi) apart – the longest link ever seen before. “This is a scientific breakthrough,” says Rupert Ursin, a …
Andrew Silver, 16 Jun 2017
HBO: Game of Thrones

Stumbling StorNext ruins Quantum's solace

Quantum almost failed to meet its revenue expectations in its final fiscal 2017 quarter, as a StorNext revenue dip added to a seasonal decline. That StorNext dip was ascribed to fewer large deals than the same quarter a year earlier. Quantum’s fourth fiscal 2017 quarter showed annual growth, but only just, as the firm slipped …
Chris Mellor, 12 May 2017
The big split

Quantum sidesteps NYSE delisting with reverse stock-split move

Data protection and multi-tier file management supplier Quantum is escaping a delisting threat from the New York Stock Exchange with a 1:8 reverse stock split. The company’s shares had not traded at the minimum required average closing price of $1.00 for 30 consecutive trading days when NYSE issued the delisting threat letter …
Chris Mellor, 4 Apr 2017
NASA Cold Atom Lab concept image

NASA's atom-chiller ready to fly to the ISS

Plenty of readers will agree that the International Space Station would be a cool place to work, and it's getting cooler: a billionth of a degree above 0K (in a very small spot). If all goes to plan, August's SpaceX CRS-12 supply mission to the ISS will carry NASA's long-planned Cold Atom Laboratory, an experiment to help …
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Quantum board shake-up on the cards as threat of NYSE delisting looms

Quantum's board has caved in to activist investor VIEX and agreed to reconstitute itself with new independent directors. VIEX owns approximately 11 per cent of outstanding shares in Quantum's common stock. It claims Quantum's share price has under-performed because top brass have made wrong decisions about running the business …
Chris Mellor, 7 Mar 2017
QXS_5600_bezel

Quantum takes on GPFS and Lustre in commercial HPC market

Analysis The entertainment and media market has not been typically seen as a part of the high-performance computing (HPC) market, with the associated massively parallel file access and data set management. In the HPC world file access software such as Lustre and GPFS, now renamed Spectrum Scale are often seen. HPC was an academic and …
Chris Mellor, 1 Mar 2017
RSA

Forget quantum and AI security hype, just write bug-free code, dammit

RSA USA Every year, the RSA Conference in San Francisco brings out the best and the brightest for its crypto panel, and the view from the floor was simple. Ignore the fads and hyped technology, and concentrate on the basics: good, clean, secure programming. The panelists were unimpressed with recent moves to build artificially …
Iain Thomson, 15 Feb 2017
Hannibal Lector wearing mask

White-knight investors or capitalist cannibals? VIEX vexes Quantum

In another wonderful example of the US capitalist system's ability to enable businesses to eat each other for short-term shareholder reward, an activist investor is looking to take over Quantum's board and restore shareholder value. VIEX Capital Advisors takes a stake in small cap companies that have under-performed on the …
Chris Mellor, 3 Feb 2017
Champagne_bottles

Too early for champers? Quantum faces its first sales rise in a decade

Get the champagne ready; Quantum might be facing its first annual revenue increase in 10 years – if the next quarter goes to plan. Quantum did as its preliminary 3Q17 statement said it would and showed third-quarter results significantly ahead from a year ago. Revenues of $133.5m were up 8 per cent on the $128m a year ago and …
Chris Mellor, 26 Jan 2017
Gacek_and_Cohen

Quantum: Well, would you look at that. We've made some money!

Quantum has surprised itself with preliminary quarterly revenue numbers well ahead of plan. Back in October, its second fiscal 2017 quarter saw an uptick in both revenues and profits after a whole slew of quarters showing downturns and even losses, as declining tape revenues obliterated gains from multi-tiered, single …
Chris Mellor, 13 Jan 2017

Now for a really cool micro-drum solo: Boffins chill gizmo below quantum limit

Physicists working at the US National Institute of Standards and Technology (NIST) have developed a way to theoretically cool an object to absolute zero. This groundbreaking technique, detailed in Nature today, has been used to chill a vibrating aluminium membrane to 360 microKelvin, a temperature below the “quantum limit.” …
Katyanna Quach, 12 Jan 2017

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