IBM (NYSE:IBM) New Tape Products

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IBM (NYSE:IBM) has launched a range of new tape products for handling huge amounts of data. IBM (NYSE:IBM) New Tape Products IBM (NYSE:IBM), the American multinational technology and consulting giant headquartered in Armonk, New York, has launched a new array of tape products for managing big data. IBM (NYSE:IBM) has also unveiled its fourth generation of propriety 3592 series of enterprise tape technology. The new TS3500 Tape Library Connector Model SC1, one of the new products, is a mechanical shuttle system which permits the tape cartridges allocated from their source libraries to 15 other connected TS3500 Model S24 or S54 libraries. IBM (NYSE:IBM) shares were at 169.92 at the end of the last day’s trading. There’s been a 3.7% movement in the stock price over the past 3 months. IBM (NYSE:IBM) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.83 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.57 Zack’s Rank: 7 out of 20 in the industry