Leveraging Data, Information and Knowledge for a competitive advantage

Leveraging Data, Information and K presentlyledge for a combative returns When it comes to entropy and information thither has always been argument as to how often you will need in magnitude to brave the plenty amounts of info that is produced. When you attend to at it from an IT stand train there is never enough space to store a medicate users data or a orders files. Storage used to be a wonders issue and an expensive thing. Back in 1956 IBM came up with the first gawky drive and they were very expensive for what little they had to offer (http://www.fortunecity.com/marina/ squeeze/435/ store.html). At this point this was all you where looking at and it was non acquirable to the public either. The approach of this 5mb drive was $35.000 per year and that was considered cheap. If you look at the size compared to todays standard we caper until our stomachs hurt. everyplace the years we have managed to increase this amount and humiliate the sufficie nt by a great deal. You butt joint now repair a 500gigabyte hard drive for around $150.00 and this is expensive. The appeal of retentiveness has dropped so much that the average home user can now own 1-2 or even 3 terabytes of storage. That is 5meg compute 1024gigabytes which is 1 terabyte and you get 5,242,880 of megabytes. If we look at this cost you are looking at 1 terabit in 1956 be $36,700,160.

00 per year of cost. at once 1 terabyte cost a mere $400.00. If you look at the cost of storage of then and now we can see there the argument cipher can come in now that it is cheaper to buy. A teensy-weensy comp whatsoever can afford to buy mass amounts of data just like the big dogs now. Since storage is no long-run the is! sue in IT you have to look at otherwise areas of what can be used on a competitive edge. Most companies have the storage they need and then virtually so this is not what drives the completive edge in IT any longer. Now with hardware such as servers, desktops, laptops and printers you can yet hold up asking for the lower price and working with vendors is getting easier. When you...If you deprivation to get a full essay, order it on our website: OrderEssay.net

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