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Months after Elon Musk's DOGE crusade to wipe it out, LTO tape storage is bigger than ever — a record 176.5 exabytes shipped in 2024, the fourth consecutive year of growth
Perhaps the U.S. Department of Government Efficiency (DOGE) backed the wrong horse in dismissing tape as ‘old technology.’
Data seen by Tom’s Hardware from the LTO Program Technology Provider Companies (TPCs) makes it clear that tape storage is a long way from becoming obsolete. In fact, the latest numbers from the TPCs (namely, HPE, IBM, and Quantum) suggest that tape storage shipments have broken records with their fourth consecutive year of growth. This feeling that tried, trusted, and established equals outdated seems to have been the driving force behind the U.S. government’s DOGE triumphantly crowing that it “just saved $1M per year by converting 14,000 magnetic tapes (70-year-old technology for information storage) to permanent modern digital records,” back in April.
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