In an announcement made earlier today, FujiFilm along with IBM researchers have cooperated on the development of magnetic tape technology that is capable of storing 35TB of uncompressed digital data or 44 times greater then what was previously available.
The breakthrough technology which was the result of several years worth of research can be attributed to several factors including the development of magnetic tape based upon barium ferrite (BaFe) particles. To increase data storage, the size of the particles had to be reduced to one third of the size currently being used in metal magnetic substrates. One of the drawbacks of the smaller particulate size was reduced magnetism but researchers were able to overcome this challenge.
The amount of digital data is growing at an astronomical pace and cheap data storage is needed to backup critical information. The new magnetic tape once refined and made commercially available, offers a cost effective alternative to hard drive storage. Those with the greatest storage needs will benefit most including the financial sector with their banking records, hospitals with their medical records and imaging data and large computer centers.