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Overland Storage says "no".
Byteandswitch has a story on the issue. For years, people have said "tape is dead," as the price of disk storage declined and more enterprises embraced disk-based backup and archiving systems. Yet, tape still provides high capacity at a low price, is portable, and uses less power and generates less heat than disk systems. Those are some of the reasons the mid-range tape automation market will generate more than $1 billion in sales this year, and shipped more than 100,000 units last year, according to IDC .
Lots of enterprises still use tape, but its role has changed, acknowledged Peri Grover, the company's director of marketing. Most now back up to disk and then archive data off to tape for long-term storage, which is why Overland added disk and virtual tape libraries to its product portfolio over the past several years. "Now, it is all about finding the right combination of disk and tape to handle a company's needs," she said in an interview.