Tom Foremski points to a recent IDC study over at Silicon Valley Watcher: IDC: We face a looming crisis – we won’t have anywhere to store hundreds of exabytes of data.
The title says it all. According to IDC’s estimates, the world will produce 988 exabytes of data in 2010 – but only 601 exabytes of storage will be available.
Oops, if this is true, I’m in trouble with my push for on-demand.
But somehow I’m not worried:
- Last I checked, data storage was not a natural resource, it is manufactured. Why wouldn’t market forces take care of balancing demand and supply?
- Just where exactly would the excess “data” exist? Right now I am typing this post – but if I don’t save / post / send it, it does not get stored, it won’t become data – it won’t exist at all. (for simplicity forget caching and autosave). Does IDC count our thoughts as data?
Something does not compute.
(Disclaimer: I have not seen the original report, only secondary sources, like the AP news item referred above)
Update (3/06): It’s worth pointing out that the move to an on-demand model will actually reduce storage requirements: since we work natively online, it will be easier to share / link, we don’t have to send redundant copies of the same file.