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While the cost of data storage is falling rapidly, the amount of information created by data-based science is immense.
Not so long ago, even the most aggressive government surveillance had to be selective: the cost of data storage was too high and the capacity too low to keep everything.
With the cost of data storage down to about $1 a gigabyte for the newest computer hard drives, the idea of paying for data storage in cyberspace might sound like an idea from the dark ages of personal computing -- say, 5 or 10 years ago.
For large businesses "the cost of data storage has plummeted," says Andrew Carr, UK and Ireland chief executive of IT consultancy Bull.
Let A1 be the cost of data storage in 1998 at US$100 per gigabyte, which gradually decreased to A5 in 2005 at US$1.
Currently, wavelet-based coding algorithms are popular for synthetic aperture radar (SAR) image compression, which is very important for reducing the cost of data storage and transmission in relatively slow channels.
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This is in part because sharing data by shipping DNA molecules for resequencing elsewhere is expensive and, critically, has rising costs (in line with transport fuel costs) as compared to the falling costs of data storage and transmission.
Inevitably, this leads to a cost explosion of data storage.
There's a perfect storm for disrupting traditional enterprise software companies with orders of magnitude improvement by smaller companies in the cost and service of data storage".
While newer technologies exist, such as next-generation sequencing (NGS), it is undeniable that DNA microarray technology is much more mature, low cost and simpler in terms of data storage and analysis, when compared to NGS.
However, concern was expressed about potential escalation of data storage costs, as "unlimited" storage could result in staff adopting a less strict appraisal process for evaluating the data that should be deleted.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com