Tape backup alive and well

Despite the availability of alternatives like hard disks, solid state storage, optical storage and remote services, why is tape still the most commonly used medium for backing up and archiving corporate data?

Despite the availability of newer alternatives such as hard disks, solid state storage, optical storage and remote services, tape is still the most commonly used medium for backing up and archiving corporate data.  One reason for this prevalence is longevity of the technology. Magnetic tapes have been around much longer than any of the alternatives. The other main reason is price. Tape has always been less expensive than competing mediums, although this gap is now gradually closing.

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