@CloudExpo Authors: Yeshim Deniz, Liz McMillan, Pat Romanski, Elizabeth White, Gordon Haff

Blog Feed Post

Tape Summit Examines How Tape Is Backing Up New Technologies

ExecEvent highlights the relevance of tape in the Big Data age

Frankfurt, Germany - 5th November 2012 - The role of tape in the enterprise is changing and the major vendors are responding to new opportunities such as the rise of Big Data. These are some of the themes of the European Tape Summit held at SNW Europe 2012, part of the Powering the Cloud event in Frankfurt last week.

At the exclusive industry and media event at the Tape Summit, the organisers revealed more of the results of a survey, the Tape Audit Europe, to give a snapshot of tape storage usage. Initial results indicate that the average European enterprise backs up around 90TB of data with 38% of these companies using tape as their main medium.

The rise of Big Data analytics is set to have a massive effect on the amount of storage required. The secret of good analytical information is having a rich store to draw from and this will drive companies to retain more data. IDC asserts that the world's digital information is doubling every two years and that by 2020 storage needs will have increased by 50 times on 2011 levels.

Much of this data will be archived and the question is which technology is best for long-term retention. Already 53.4% of enterprises surveyed retain their tape data for over three years and more companies are likely to increase storage retention with the adoption of Big Data software.

There has been a rise in use of disk arrays to replace tape for disaster recovery backups. This is partially due to disk vendors emphasizing perceived speed advantages of disk and the falling cost of hard drives. However, according to the European Tape Audit Survey, 29.2% of companies still expect to commit over 50% of their data to tape in five years.

What is not lost to those committed long term to tape technology is the fact that tape-only costs are still significantly less than disk. Even a cent difference (per GB) may not seem much, but at current prices this means a saving of $1,000 for the average backup size. In addition, raw tape speed is actually much faster than disk, according to Tape Summit panel moderator, George Crump, Senior Analyst at Storage Switzerland in his "Breaking the Four Myths of Tape vs Disk Backup"article. Alongside that current tapes have an estimated life of 30 years which is far longer, and more reliable, than storage on mechanical hard disks which are expected to last for between three and five years at best.

Tape has moved accordingly and is rapidly becoming a trusted archival medium. It also takes up far less space and can be easily transported for off-site storage.

The Tape Summit 2012 brings together vendors and selected media delegates for a complete analysis of the current state of the $2.3+ billion annual tape storage market. Participants share details of new technology that is positioning tape to enjoy a healthy future and growth in many markets.

The Tape Summit at SNW Europe included representatives of tape industry vendors from: Active Archive Alliance, BDT, HP, IBM, Quantum, SpectraLogic and Tandberg Data.

About the Tape Audit Europe
The Tape Audit Europe is being conducted online during October 2012. Storage professionals from across EMEA are completing the survey. These storage professionals worked across a variety of sectors including: finance, telecom, aerospace, legal, retail, engineering, technology, publishing, and education.

To request a copy of the full results when they are published later this year, please email [email protected]

About The ExecEvent
The ExecEvent is an exclusive industry-insider only business development event designed to maximize growth and profit potential for CxO and VPs of vendor companies, financial executives and high-level consultants. The ExecEvent is owned by Port Matters Corporation. Information can be found at http://www.theexecevent.com/.

About Powering The Cloud
Powering The Cloud 2012, Frankfurt, Germany, is three conferences in one, combining SNW Europe, Datacenter Technologies and Virtualization World.

For more information:

Media contacts:
Rose Ross, Omarketing (For Tape Summit UK and RoW)
[email protected]
Office: +44 (0)208 255 5225
Mobile: +44 (0)7976 154 597 (At SNW Europe)

Thilo Christ, TC Communications (For Tape Summit DACH region)
[email protected]
Office: 08081 954617
Mobile: 0171 62 206 210 (At SNW Europe)

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

@CloudExpo Stories
DXWorldEXPO LLC announced today that Dez Blanchfield joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Dez is a strategic leader in business and digital transformation with 25 years of experience in the IT and telecommunications industries developing strategies and implementing business initiatives. He has a breadth of expertise spanning technologies such as cloud computing, big data and analytics, cognitive computing, m...
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
There is a huge demand for responsive, real-time mobile and web experiences, but current architectural patterns do not easily accommodate applications that respond to events in real time. Common solutions using message queues or HTTP long-polling quickly lead to resiliency, scalability and development velocity challenges. In his session at 21st Cloud Expo, Ryland Degnan, a Senior Software Engineer on the Netflix Edge Platform team, will discuss how by leveraging a reactive stream-based protocol,...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve fu...
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
DXWorldEXPO LLC announced today that "Miami Blockchain Event by FinTechEXPO" has announced that its Call for Papers is now open. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Financial enterprises in New York City, London, Singapore, and other world financial capitals are embracing a new generation of smart, automated FinTech that eliminates many cumbersome, slow, and expe...
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...