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Tape Storage Trundles On, Will increase Yearly Quantity to 128 Exabytes

Tape Storage Trundles On, Will increase Yearly Quantity to 128 Exabytes

2023-05-24 06:16:00

“Tape storage is useless” is a kind of prophecies that has by no means appeared to actualize itself: demand for gradual but cost-effective and dependable storage options hasn’t gone the way in which of the dodo. Quite the opposite; the LTO (Linear Tape-Open) Program group (a collective of tape specialist firms made up of HPEIBM and Quantum Company) simply introduced a 5% YoY enhance in shipments in comparison with the identical interval final 12 months.

That won’t look like a lot, however the larger context is that that 0.5% development rests atop a staggering 40% volume increase seen last year. In a market that is seen contractions, layoffs, and reducing gross sales volumes, that has to rely as a win (a lot of well-known {hardware} firms would have liked to point out these ends in their newest earnings report, in spite of everything).

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