Phil Goodwin

LTO Tape Capacity Shipments Reach New Record in 2021

Posted by Jay Bartlett April 28, 2022 10:27 am Categories: Storage. Tags: HPE Storage, LTO, Patrick Osborne, Phil Goodwin.

The LTO Program Technology Provider Companies (TPCs), Hewlett Packard Enterprise Company, IBM Corporation and Quantum Corporation, released their annual tape media shipment report, detailing year-over-year shipments through the fourth quarter of 2021. The report reveals 148 Exabytes (EB) of total tape capacity (compressed) shipped in 2021, marking an impressive record year for the LTO Program. With a growth rate of 40%, this strong performance in shipments continues following the previous record-breaking 114 EB capacity shipped in 2019 and 105 EB of capacity shipped in 2020 (during the pandemic).

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.