It’s not even that it’s low-tech. Tape is high-tech, it’s been updated over the years. LTO10s are targeting 36TB of data per tape.

It’s the pig-ignorant newbies thinking “hurr durr tapes are 1970s tech”. Hard drives are also 1970s tech.

They have their advantages and disadvantages, is all. They’re not well suited for situations where you can’t guarantee a clean room (or enclosed tape reader), for instance, since the tape medium is exposed to the air. Dust can mess it up REAL good.

But for some situations, it’s indispensable.

Yeah, we’ve got on-prem cloud hosting at a university, and moving away from VMware is an ongoing process. Still. Two, three years after the writing was on the wall. They’d rather pay the Danegeld.

Or they’ll just pay the extra money and avoid all that.

Market cap? Which stock symbol is it? 😉