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The LTFS LTO file system allows modern digital tape storage to be used like NAS file systems and simplifies the use of magnetic tape libraries and allows faster access to the content stored on them.
FORBES: New Storage Choices to Drive 2013 Data Markets
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Tape is ideal for backing up huge libraries of data -- its fast, cheap and capacious.
FORBES: Serendigity
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This is possible using libraries in which special robots load cassettes into tape drives when required, but a holographic disc would be much quicker.
ECONOMIST: Computing