Record of 153EB of LTO Compressed Capacity Shipped WW in 2023
StorageNewsletter.com, Wednesday, May 22nd, 2024
The LTO Program Technology Provider Companies (TPCs), Hewlett Packard Enterprise, IBM Corporation and Quantum Corporation, released their annual tape media shipment report, detailing Y/Y shipments through 4Q23.
The report reveals a record 152.9* of total tape capacity (compressed) shipped in 2023, with a growth of 3.14% over 2022, driven in part by rapid data generation and the increased infrastructure requirements of hyperscalers and enterprises.
'LTO tape technology continues to realise annual gains. LTO tape utilisation is poised to expand even further as customers increasingly require higher storage capacity and recognise the benefits of the technology,' said G. Kyle Fitze, VP, OEM and partner enabled products, HPE storage. 'We remain dedicated to improving and innovating further around LTO tape technology for the fast-evolving needs of organisations now and in the years to come.'