Data Storage Cost History

This example demonstrates how cloud storage prorates the storage costs of your data.

Data storage cost history.

In today s marketplace every additional terabyte of data will cost you upwards of 1000 per year in storage and access costs. Punch cards 1725 1975 the oldest known form of data storage the punch card was created by basile bouchon in 1725. The cloud offers essentially an infinite amount of data. A history of storage cost article updated september 8 2009 2014 update note.

An up to date interactive graph and some reflections on the changes brought about in the last 5 years can be found at a history of hard drive cost update. The list price for the 3 tb barracuda drive is 99 99 making the price per gb 0 033. If we had to make a conservative estimate of total costs then a mid sized data warehouse would use about 12 000 per year in storage alone. The method was cost effective and reliable but also very slow.

Improvements within the internet such as continuously lowering the cost of storage capacity and improved bandwidth have made it more economical for individuals and businesses to use the cloud for data storage. Total cost for storage. Herman hollerith developed a method for machines to record and store information onto punch cards to be used for the us census. He later formed the company we know as ibm today.

The device that later became known as the williams tube is capable. This gives us a benchmark price for raw hdd storage today. Bennet now a guide at the computer history museum said his first assignment at ibm was to work on a direct access mass storage device for the system 360 mainframe the 2321 data cell drive. The device converted digital information from the computer into analog sound signals which were stored on compact cassettes.

Check out our timeline of data storage history for storage systems of the past and present as well as those predicted for the future. The built in commodore 1530 datasette data cassette is the primary storage device for the newly released commodore pet. Cloud storage treats this as 0 5 days of storage or 1 60 of a month assuming a 30 day month. The internet made the cloud available as a service.