Quantum Computing Expected to be a Better Fit for Weather Forecasting as Latest Innovation is Changing the IndustryPALM BEACH, Fla. , Dec. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Most industry insiders believe that Quantum Computing is potentially a better fit for weather forecasting than classical computers. It can perform advanced simulations more efficiently. It can be easily installed at locations around the globe. It can function efficiently when stored at high temperatures. It can store extensive data for better pattern recognition. One source said that Quantum computing is potentially a better fit for weather forecasting than classical computers because it can perform advanced simulations more efficiently, saying that: Quantum computing is a better fit because it has the potential to speedily process vast amounts of weather data and conduct analysis that is too complex for classical computers. The speed of the algorithms can allow the use of real time data to impact the predicting. Despite decades of continuously refining calculating power, directly forecasting the weather is still delicate. Quantum computers made it a bit easy however. The speed of the algorithms in quantum computing can permit the use of real-time data to influence the forecasting, and advanced weather prediction will help all industries, especially transportation, supply chain and logistics, and farming. A report from Astute Analytica added: “The weather forecasting services market is poised for exponential growth, driven by advancements in AI technology, increasing demand for accurate climate data, and expanding applications across agriculture, aviation, and disaster management. Businesses and governments alike are investing heavily, ensuring a robust and lucrative future for this essential industry. The global weather forecasting services market is projected to attain a valuation of US$ 11.6 billion by 2032 up from US$ 4.0 billion in 2023 at a CAGR of 12.6% during the forecast period, 2024–2032.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ:
ZENA), Quantum Corporation (NASDAQ:
QMCO), Super Micro Computer, Inc. (NASDAQ:
SMCI), Red Cat Holdings, Inc. (NASDAQ:
RCAT), Pure Storage (NYSE:
PSTG).
Quantum Scalar i7 RAPTOR Now Available
Quantum Corporation (NASDAQ:
QMCO) today announced the availability of the Scalar® i7 RAPTOR, the latest advancement in tape storage technology tailored to support growing AI and cloud use cases. Originally announced in March of this year, the Scalar i7 RAPTOR is designed for hyperscale customers, managed service providers (MSPs), and large enterprises and is the densest, most scalable tape solution on the market. As organizations look to retain more data than ever for AI, analysis, and business insights, this new offering gives customers an ultra-low cost, green, and secure solution for data lakes, data protection, and private and hybrid cloud deployments.
Quantum Announces Next Generation of DXi9000 Series for Greater Cyber Resilience Across the Edge, the Core, and the Cloud
Quantum Corporation (NASDAQ:
QMCO), the pioneer in end-to-end data management solutions designed for the AI era, today announces the DXi9200, the latest generation of its highly successful, flagship DXi9000 Series hybrid (flash + dense disk) data protection appliances, designed for scalable, efficient backup and recovery services for large organizations. With the continuing threat of ransomware attacks, organizations need to take a comprehensive and proactive approach to secure their data and data copies, continuously validate recovery operations, and quickly recover in case of attack. As the industry’s most scalable, feature-rich, and efficient data protection appliance, the DXi9200 meets these challenges head on.
Quantum Reports Fiscal Second Quarter 2025 Financial Results
Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal second quarter 2025 ended September 30, 2024.
Quantum to Release Fiscal Second Quarter 2025 Financial Results on Wednesday, November 13, 2024
Quantum® Corporation (NASDAQ:
QMCO) ("Quantum" or the "Company"), the pioneer in end-to-end data management solutions designed for the AI era, today announced it will release financial results for its fiscal second quarter 2025 on Wednesday, November 13, 2024, after the markets close.
