Comments on: $10 a month for 15 petabytes (15,000,000 Gigs) of storage.

By: Maarten Legene

Maarten Legene — Tue, 30 Nov 1999 00:00:00 +0000

And not to forget, this one makes sense either:
http://www.commsdesign.com/news/tech_beat/showArticle.jhtml?articleID=16504179

http://www.mwc.net.au/

By: Jeremy C. Wright

Jeremy C. Wright — Tue, 30 Nov 1999 00:00:00 +0000

Maybe I’m just not getting this…

The price of a petabyte today isn’t 1000$. The price of a terabyte is 1024$ (not 1000$). Also, the price of storage has halved every 14-18 months, not every year…

I really feel like I’m missing something. What clued me in is that even if the price of storage did halve every year, a petabyte of storage would only cost 1$ by 2025, not 2015.

Of course, your total storage is still right. I guess what tipped me off is that if a petabyte was only 1.5cents in 2020 you’d be able to buy 8000 petabytes (83910656000GB) of data that year… Which obviously makes no sense.

Hope that helps, unless I’m completely off-base :)

By: Brian Carnell

Brian Carnell — Tue, 30 Nov 1999 00:00:00 +0000

Jeremy: you are correct — that first field there should be terabyte, not petabyte. A petabyte today would cost about $10,000 today, not $1,000 as the chart suggests.

Assuming the cost of a gig of storage conintues dropping 50% per year, a petabyte in 2020 will cost $0.152 and those 15 petabytes will set you back $2.29+tax.

By: Brian Carnell

Brian Carnell — Tue, 30 Nov 1999 00:00:00 +0000

Jeremy: you are correct — that first field there should be terabyte, not petabyte. A petabyte today would cost about $10,000 today, not $1,000 as the chart suggests.

Assuming the cost of a gig of storage conintues dropping 50% per year, a petabyte in 2020 will cost $0.152 and those 15 petabytes will set you back $2.29+tax.

By: terabytebox

terabytebox — Tue, 30 Nov 1999 00:00:00 +0000

Geta your Gigs @ terabytebox.com ~$1 each. ;)

By: terabytebox

terabytebox — Tue, 30 Nov 1999 00:00:00 +0000

Geta your Gigs @ terabytebox.com ~$1 each. ;)

By: terabyte

terabyte — Tue, 30 Nov 1999 00:00:00 +0000

Geta your Gigs @ terabytebox.com ~$1 each. ;)

By: omega3

omega3 — Tue, 30 Nov 1999 00:00:00 +0000

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By: Ernest Garcia

Ernest Garcia — Tue, 30 Nov 1999 00:00:00 +0000

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By: Joho the Blog

Joho the Blog — Tue, 30 Nov 1999 00:00:00 +0000

A terabyte for $500 and change
TigerDirect is advertising Seagate 120GB drives for $59.99 after the rebate. Applying my unique math skills (i.e., I’ve never done a calculation correctly), I think that works out to $511.91 for a terabyte of storage. Why, that’d be enough to store an …

By: Joho the Blog

Joho the Blog — Tue, 30 Nov 1999 00:00:00 +0000

By: Joho the Blog

Joho the Blog — Tue, 30 Nov 1999 00:00:00 +0000

By: The Shifted Librarian

The Shifted Librarian — Tue, 30 Nov 1999 00:00:00 +0000

Good Luck Finding that Needle
Storage Cost Predictions “Peter Van Dijck predicts the future of cost of data storage: $10 a month for 15 petabytes (15,000,000 Gigs) of storage .