Magnetic Tape Storage Has Found A New Lease Of Life With A Record 152.9 Exabytes Shipped Worldwide In 2023
ITProToday, Tuesday, May 28th, 2024
Magnetic tape storage is back in vogue thanks to the rise of generative AI and ransomware, according to new research
Magnetic tape storage might be one of the oldest storage technologies, but it appears to have found a new lease of life thanks to the generative AI boom.
A record 152.9 exabytes of total (compressed) tape capacity was shipped in 2023, according to the report from the companies behind the Linear Tape-Open Technology (LTO) program, namely Hewlett Packard Enterprise (HPE), IBM, and Quantum.
That's growth of just over 3% compared to 2022, which the report puts down to rapid growth in data generation and the increased infrastructure needs of hyperscaler cloud providers and enterprise customers.