Thread regarding Seagate Technology Inc. layoffs

So long, Seagate Cold Storage

330TB per cartridge.

http://www.techrepublic.com/article/ibm-breaks-tape-storage-world-record-with-330-tb-of-uncompressed-data-on-palm-sized-cartridge/

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| 1621 views | | 3 replies (last August 6, 2017) | Reply
Post ID: @OP+OCWYNUT

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"IBM cannot make a comercially viable toaster nowadays"....... What you really should be considering is why...They had 20 consecutive quarters where their profits slumped. So what did they do. They Layed of staff, they failed to upgrade capital equipment they continued to pay high dividends to share holders, morale in the company dropped to an all time low. The smart engineers who didn't get rifted left for pastures new and better salaries.........Now does this remind you of another company a bit closer to home?

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Post ID: @1uvw+OCWYNUT

Literally, tape media technology is just following the route of hard disk drive media. So I am not surprised at all about their advancement. But I doubt tape would ever squeeze big chunk of market share from disk drives since they are for archival only. The one who is really eating our lunch is still NAND flash, not tape.

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Post ID: @bua+OCWYNUT

IBM cannot make a comercially viable toaster nowadays

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Post ID: @her+OCWYNUT

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