Quantum Leaps into Surveillance

Summary

Quantum Corporation acquires Pivot3’s surveillance portfolio, strengthening its position in the video surveillance market. This acquisition brings valuable technology, an expanded customer base, and increased expertise to Quantum. The move solidifies Quantum’s commitment to the growing surveillance market.

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** Main Story**

Quantum Corporation has made a significant move to solidify its presence in the burgeoning video surveillance market by acquiring the surveillance portfolio and assets of Pivot3. This strategic acquisition, valued at $8.9 million, brings Quantum a wealth of resources, including advanced technology, an expanded customer base, and a team of experienced professionals. The move signifies Quantum’s commitment to the surveillance sector and its recognition of the increasing importance of video data management.

A Strategic Acquisition

This acquisition represents a key step in Quantum’s transformation into a major player in the multi-billion dollar video surveillance market. Quantum, traditionally known for its data storage solutions in media and entertainment, gains immediate access to Pivot3’s established presence in the surveillance industry. This includes a portfolio of video surveillance appliances, network video recorders (NVRs), and management applications, along with Pivot3’s scale-out hyperconverged software platform, now offered under Quantum’s VS-Series product portfolio. The acquisition also brings valuable intellectual property related to distributed storage, data placement, erasure coding, and storage quality of service.

Expanding Reach and Expertise

Beyond technology, Quantum gains access to Pivot3’s global customer base of over 500 surveillance customers, including airports, mass transit systems, casinos, educational institutions, and smart cities. This significantly expands Quantum’s market reach and diversifies its customer portfolio. Furthermore, Quantum absorbs over 40 Pivot3 employees with deep expertise in video surveillance systems, bolstering its engineering, product, and sales organizations. These new employees will operate under the direction of the Strategic Markets Business Unit, led by General Manager Ross Fujii.

Benefits for Customers and Partners

This acquisition brings several benefits to both Quantum and Pivot3 customers. Quantum’s existing customers gain access to a broader portfolio of surveillance solutions, while Pivot3’s customers benefit from Quantum’s extensive resources and global support network. The combined entity is now better positioned to serve the evolving needs of the surveillance market, particularly the increasing demand for longer video data retention for analytics purposes.

Quantum’s Surveillance Vision

Quantum’s CEO, Jamie Lerner, sees surveillance cameras as the biggest data generator on the planet. He views the Pivot3 acquisition as a crucial step in solidifying Quantum’s position in the surveillance market and expanding its expertise in this rapidly growing industry. The move aligns with Quantum’s overall strategy of focusing on unstructured data solutions and solidifies its commitment to the video surveillance sector.

The Future of Surveillance Data Management

The demand for robust surveillance solutions continues to grow, driven by factors such as increasing security concerns, the rise of smart cities, and the growing use of video analytics. Quantum’s acquisition of Pivot3 positions the company to capitalize on this growth and play a leading role in shaping the future of surveillance data management. The acquisition brings together complementary strengths, creating a powerful combination of innovative technology, extensive market reach, and deep industry expertise. As video data continues to proliferate, Quantum is now well-equipped to meet the evolving needs of organizations seeking efficient, scalable, and secure surveillance solutions. This move also strengthens Quantum’s broader portfolio, enabling it to offer end-to-end solutions for video and other unstructured data. With 80% of all created data being unstructured, and video, especially from surveillance cameras, making up the bulk of it, Quantum is prepared to support this ever growing market.