Me.Tech()

I found this amazing article on Om Maliks blog which highlights some interesting and fun facts about computer storage.  I will just  give you the highlights, if you need to read the full article, click here.

• The magnetic HDD is 50 years old (#). In 1956 IBM introduced 305 RAMAC (random access method of accounting and control), which is like the great-great-great grandfather of today’s disks. It was the size of a refrigerator, and stored a total of 4.4 megabytes on 50 doubled-sided, two-foot-diameter disks. The disk had a density of 2,000 bits of data per square inch and had a purchase price of $10,000,000 per Gbyte. (#)
• Today’s laptop drives are typically 2.5 inches and are a size of a deck of cards, and can store upto 160 gigabytes – or 131 billion bits per square inch. Price is less than $1 per gigabyte. (#)
• Consumers bought 739.7 million gigabytes of hard-drive storage space last year. That is 11 times what they bought in 2003. (NYT)
• In the U.S. alone, $600 million worth of external hard drives were sold in 2006, up 53% from 2005, The NPD Group, a market research firm, says. (NYT)
• External hard drive prices declined 28.4% from $197 in 2003 to $141 in 2006 and the amount of storage space on the drives doubled.(NYT)
• Per Gigabyte retail price of hard disk drive storage in 2003 was $2.04, but in 2006 it was 77 cents, according to The NPD Group.
• The recording density for data — aka capacity — has increased 60,000,000-fold in 50 years. (#)
• The amount of worldwide information is projected to grow from 161 exabytes in 2006 to 988 exabytes in 2010. An Exabyte is a million terabytes.(WWD)
• By 2010, the total amount of data will overwhelm the total amount of digital storage by a factor of nearly 2 to 1. 2007 is the year that our ability to stuff bits into the digital universe will outstrip our ability to store them.(WWD)
• Research shows that in large-scale IT installations, the annual disk replacement rates typically exceed 1%, with 2-4% common and up to 13% observed on some systems. (#)

courtesy: GigaOM