1 / 20

SECTOR: Technology COMPANY: Quantum Corporation (QTM)

SR. ANALYST : BENJAMIN SOMMER JR. ANALYSTS : SIGMUND CORREA, FADI HUMAID, JAKE EPSTEIN, JASON GOTTLIEB, ALEX PUGLISI. SECTOR: Technology COMPANY: Quantum Corporation (QTM). Investment Recommendation. Key investment drivers 1. Increase in IT service revenue with reduced costs

samira
Download Presentation

SECTOR: Technology COMPANY: Quantum Corporation (QTM)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. SR. ANALYST: BENJAMIN SOMMER JR. ANALYSTS: SIGMUND CORREA, FADI HUMAID, JAKE EPSTEIN, JASON GOTTLIEB, ALEX PUGLISI SECTOR: TechnologyCOMPANY: Quantum Corporation (QTM)

  2. Investment Recommendation • Key investment drivers • 1. Increase in IT service revenue with reduced costs • 2. Well positioned with StorNext development • 3. Significant patent advantages

  3. Outsourced Data Hosting Micro-industry • IT service providers specializing in cloud hosting and software development for a variety of hardware and software platforms, as well as providing virtualized storage services primarily for corporate clients.

  4. Revenue Generation Data Hosting and Management IT/Software Services Composes 90%+ of Revenue Generation Service and software support for clients Worldwide client accessibility Storage Center Leassors/ Buildings Storage Facilities

  5. Industry Breakdown (by Market Cap) = $35.67 Billion

  6. Major Players in Industry – By Revenue

  7. Company Snapshot • Primary Services • Provides cloud backup, recovery, and archive solutions • Customer Base • Small businesses to multinational enterprises • US and international governments • Products • DX series, StorNext, Scalar, Tape and Disk Drives

  8. Trends: Global Bandwidth Utilization CAGR 46% Source: Mintel/U.S. Census Bureau, Service Annual Survey

  9. Trends: Worldwide IT Spending Forecast Source: Gartner Quarterly IT Spending Forecast

  10. Trends: Enterprise Demand for Outsourcings CAGR 21% 2009 2010 2011E 2012E 2013E 2014E Source: CISCO VNI, 2010

  11. Opportunities: Patents • Patent for the de-duplication and replication technologies • Products of the Year 2010 by Storage Magazine • 504 patents and 96 pending patent applications

  12. Opportunities: StorNext StorNext File System delivers… • a shared disk file system used where large files can be shared by users without delay • Enables high performance file creation, storage, and Data Sharing • Enhanced Data Management & Protection features • Opens up market share potential for Apple customers to expand on existing IT departments, making their investments more efficient

  13. DCF Forecasts

  14. Valuation % Weight % Weight

  15. Risks & Sensitivities One Year Price Targets Current Price

  16. Recommendation • De-duplication patent advantages • Exclusive Apple Mac OSX offerings • Increased demand for outsourcing and IT spending • Recent acquisitions in the industry (TMRK)

  17. Technology Sector | Outsourced Data Hosting Micro-industry Back-up slides

  18. WACC

  19. CompCo Analysis

  20. CompCo Valuation

More Related