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Toshiba exec claims hard drives are 7X cheaper than SSDs and will continually evolve for large datacenters
(www.tomshardware.com)
This is a most excellent place for technology news and articles.
Yes. SSDs are still excellent for small form factor and speed, but for long term reliable storage in massive volumes, old fasion hard drives are only second to tape storage.
Source: I am in charge of four 1.2PB storage clusters, each consisting of 144 10TB Toshiba drives. The systems write their output to 10TB tapes for data delivery.