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LTO magnetic tape shipments reached a record 152.9 exabytes in 2023 | Magnetic technology is so dead, it's setting new records in global storage capabilities
The three companies behind the LTO Consortium recently released the latest annual report on magnetic tape technology shipments, which set a new storage capacity record in 2023....
The three companies behind the LTO Consortium recently released the latest annual report on magnetic tape technology shipments, which set a new storage capacity record in 2023. the LTO members-- Hewlett Packard Enterprise, IBM, and Quantum Corporation – jointly stated jointly said that tape media shipped to market have now reached 152.9 exabytes of total (compressed) capacity, with 1 exabyte being equal to 1 million terabytes or 1 billion gigabytes. The LTO Ultrium technology has been around for decades now, providing a cheap and supposedly reliable way to store massive amounts of digital data that can be easily archived offline by simply removing the tapes and physically putting them on the shelves. Chatbots and ML algorithms increase storage requirements and infrastructure costs, while LTO tapes should make the management of vast amounts of digital data more cost-effective and sustainable.
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