The magnetic tape industry has progressed into its third era since the first successful tape drive appeared in 1952. Each era had its 'golden period' and so will era 3.

The economics of tape for many applications are compelling from an acquisition cost and, more importantly, a cost of ownership perspective. At the same time, the reliability of tape products has significantly improved in the third era though many businesses remain unaware of these enhancements. It is clear that future application needs for a robust tape solution are in place.