While there are many tape formats available today (each has their own benefits), it is clearer than ever that LTO is the very best and sought after on the market. In fact, the Santa Clara Consulting group recently revealed that LTO makes up a whopping 87.2 percent of the tape cartridge market (excluding mainframe-oriented formats).
Rewind back to 2010 and LTO garnered $182 million in sales out of $209 million for the overall tape cartridge market.
On the other hand DDS/DAT, DLT, AIT, QIC, and 8mm continue to decline in popularity. This doesn’t mean they are worthless, they’re just not as exciting as the newest LTO formats.
Thinking of trading in some of your old tape for a newer format?
The beauty of tape in its many forms is that the data can be completely wiped, making tapes reusable. Thus, if you’re thinking of jumping to the LTO-5 or LTO-6, you have the power to cash in your old tapes.
The Big Data Supply Buyback Program is streamlined to help organization offload new and/or old tape and gain top dollar as result. This makes data migration and data storage upgrades much more exciting and lucrative.
If you want to take advantage of all that LTO tape has to offer, we invite you to contact our team. There is a distinct reason that LTO owns the bulk of the market share. Not only does it now hold massive amounts of data, its new and improved filing system helps organizations save both time and money.
Reasons to Recycle Your New & Used Tape
1. You are doing the environment a true favor.
2. Your data will be fully eradicated and tapes wiped clean.
3. They can be reused again.
4. You can receive cash for new and used tape.
5. It’s easy and stress free.
Who ever said tape is dead? As far as we’re concerned, its popularity is affirmation that LTO is just getting started!