{"id":390,"date":"2007-09-21T07:00:53","date_gmt":"2007-09-21T15:00:53","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=390"},"modified":"2007-09-21T07:00:53","modified_gmt":"2007-09-21T15:00:53","slug":"storage-data-storage-costs-dropping-fast-but-still-cant-keep-up","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/storage-data-storage-costs-dropping-fast-but-still-cant-keep-up\/","title":{"rendered":"Storage: Data Storage Costs Dropping Fast but Still Can&#039;t Keep Up"},"content":{"rendered":"<p><a target=\"_blank\" title=\"ComputerWorld UK\" href=\"http:\/\/www.computerworld.com\/action\/article.do?command=viewArticleBasic&#038;articleId=9033806&#038;intsrc=news_ts_head\">ComputerWorld <\/a>in the UK is reporting that disk storage costs have dropped by a third over the past year.  One gigabyte cost $1.28 one year ago.  Now one gigabyte sells for $.86.  Year on year sales of hard disk drives are increasing by 90% with year on year value increasing by 50%.<\/p>\n<p>The increased popularly of laptops outfitted with high-capacity drives is fueling the expansion.  More than half of new sales are now for drives of greater than 300 Gigabyte capacity, up from under 20% of the market in 2006.<\/p>\n<p>The Compact Disk is celebrating it&#8217;s 25th anniversary this month.  CDs hold about 650 Magabytes of data.  DVD hold about 7 times that.  And newer hgher density CDs are expected to be introduced in the next year or two with 25 Gigabyte capacities.  Progress, but storage capacity increases aren&#8217;t keeping up with the growth of data.<\/p>\n<p>IBM&#8217;s toxic terabyte <a target=\"_blank\" title=\"Toxic Terabyte\" href=\"http:\/\/www.formtek.com\/blog\/?p=225\">prediction <\/a>was that by 2011 the world&#8217;s information will double in size every eleven hours. Storage costs are indeed dropping quickly, but will new capacity ever be able to keep up with that kind of demand?<!--9c17be209f6dac724d6d69f9a9e04478--><\/p>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fstorage-data-storage-costs-dropping-fast-but-still-cant-keep-up%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.reddit.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fstorage-data-storage-costs-dropping-fast-but-still-cant-keep-up%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/reddit.png\" alt=\"Reddit 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Year on year sales of hard disk drives<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/storage-data-storage-costs-dropping-fast-but-still-cant-keep-up\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-390","post","type-post","status-publish","format-standard","hentry","category-content-management"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=390"}],"version-history":[{"count":0,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/390\/revisions"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}