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In the era of cheap hard disks, clusters of commodity hardware, cloud computing, in-memory analytics and solid state hard drives, it's easy to forget how much of the world's data is still stored on tape. And on tape much of it shall remain. In a blog post at Storage Switzerland, analyst George Crump makes the case that "The reality is that putting all data online is not a viable solution for most businesses from a cost perspective."
As an alternative, he recommends using an "active archive" for dealing with big data analysis.