Saving so far...
- One percent doesn't seem to be very much until you consider several important factors: the large volumes of data stored by organizations, the historically high cost of storage, and the rate of inflation. So for every gigabyte (GB) of organizational data stored, a 1% savings represents 10 MB. Designing systems to save 1% of storage costs since 1963 has saved between $1.2 and $2 million per GB (in 1995 dollars) depending on how quickly storage equipment was upgraded.