Because in some cases they won’t be saving money due to the hidden costs involved in storing business data. Smaller businesses especially need to be aware and cautious in this regard as they can’t just start throwing money down for bigger drives just because it sounds like they’ll be saving money. It turns out if you give it some thought that there’s more to the cost of data storage than just per GB cost or the cost of hard drives for storing new or archival data. Such improvements are astonishing given that I can still remember installing Windows 95 from a stack of floppy disks! The question that arises for many businesses, however, is this: if disk storage capacities are rapidly increasing while the price per GB continues to fall, then the news here is only good when it comes to the cost of business data storage, right? But is data storage really cheap for most businesses? That’s a question that has been puzzling me for some time as I watch developments like Seagate planning on producing 48 terabyte HAMR hard disk drives by 2023 and Sony releasing quad-layer Blu-Ray disks with a capacity of 128GB.
The cost of hard drives is falling rapidly and the capacity is rising even faster.
