Cloud backup vs Tape Backup: A cost comparison

Today, organizations are collecting more business data new applications every month, hence creating pressure on IT departments on backing up data. IT organizations need a more advanced backup strategy to support high level of automation and controlling cost. In recent years, many companies have started to move from tape backup solutions to cloud backup solutions.
Details: http://www.cloudbacko.com/blog/cloud-backup-as-tape-backup-alternative-reduces-80-cost/