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Article: LTO-Based Tape Libraries Shined Bright in 2004, Says Analyst Study; Reaches 73% of All Tape Library Units and 51% of Total 2004 Library Revenues.
- Article from:
- Business Wire
- Article date:
- May 10, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SILICON VALLEY, Calif. -- Certance LLC (now owned by Quantum), HP and IBM Corporation, the three technology provider companies (TPCs) of the LTO program - today announced that 2004 was another strong year for tape libraries based on the LTO Ultrium format, according to a just-released study by Freeman Reports titled Tape Library Outlook 2005. LTO-based libraries made significant gains in 2004 with 45,568 units shipped, up 28 percent over 2003.
In Freeman Reports' Tape Library Outlook 2004, the analyst firm indicated that LTO-based libraries in 2003 accounted for 57 percent of all tape library units and 47 percent of total library revenues. In the current study, ...