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Quantum to Showcase Veritone's Artificial Intelligence Platform in a StorNext Environment at NABSAN JOSE, Calif., April 24, 2017 /PRNewswire/ -- Quantum Corp. (NYSE: QTM) today announced it will showcase Veritone Inc.'s multi-engine artificial intelligence (AI) platform in a Quantum StorNext®-managed environment at the 2017 NAB Show. The two companies recently signed an agreement establishing a strategic relationship under which Veritone® aiWARETM ? a hybrid on-premise and cloud version of Veritone's best-in-class, cloud-based AI platform ? will be offered as an integrated solution with Quantum's industry-leading StorNext workflow storage. This combination will allow users to leverage the power of Veritone's cognitive analytics ? along with top cognitive engines in areas such as face detection, object recognition and transcription ? to extract new value from their on-premise video and audio content without having to move it to the cloud. As a result, customers that have made significant investments in on-premise storage and/or have cost or security concerns about storing their content in the cloud will be able to take advantage of Veritone's cognitive capabilities and analytics in a StorNext-based solution. Artificial Intelligence: Maximizing Data's Value
Veritone aiWARE: Delivering Unparalleled Cognitive Intelligence Quantum-Veritone Combination: Unlocking New Value From Stored Content Quantum will be highlighting the benefits of this powerful combination in the company's booth (SL5810) at the 2017 NAB Show in Las Vegas, April 24-27. In addition, over the next few months, Quantum and Veritone will be working to further develop a joint StorNext-aiWARE solution and bring it to market. Supporting Quote Additional Resources
About Quantum Quantum, the Quantum logo, and StorNext are either registered trademarks or trademarks of Quantum Corporation and its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners. "Safe Harbor" Statement: This press release contains "forward-looking" statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Quantum advises caution in reliance on forward-looking statements. Forward-looking statements include, without limitation, i) Quantum's strategic relationship with Veritone; the anticipated products resulting from the relationship; and the features, performance and benefits of those products, ii) anticipated forecasts, trends and business conditions in relevant markets, including the media and entertainment and artificial intelligence markets; and iii) Veritone's and Quantum's stand-alone product offerings, including aiWARE and StorNext, and their features, performance and benefits. All forward-looking statements are based on information available to Quantum on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause Quantum's actual results to differ materially from those implied by the forward-looking statement. Detailed information about these risk factors is set forth in Quantum's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Risk Factors," in Quantum's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on February 2, 2017. Quantum expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. *Source: IDC White Paper, sponsored by Seagate, Data Age 2025, April 2017 Public Relations Contact:
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/quantum-to-showcase-veritones-artificial-intelligence-platform-in-a-stornext-environment-at-nab-300444031.html SOURCE Quantum Corp. |