Together, the cloud and the next generation of intelligent infrastructure will also help us navigate a world where information is growing exponentially. With less than 20 per cent of the world’s population currently online, the amount of digital information doubles every 18 months. According to industry analyst firm IDC, 988 exabytes of data are added annually to the digital universe, about 18m times the information in all the books ever written.
via FT.com / Technology / Digital Business - Technology critical to turning mass of data into useful insight.
And it reminded me of the seminal Berkeley paper, How Much Information, most recently released in 2003, I believe.
Yeah, there might be a market for archive and storage...
Doubles every 18 months, eh? Sounds a bit like Moore's law, but applied to bits. "The number of bits of information in the world doubles approximately every 18 months". I like that thought.