Australia’s Academic and Research Network (AARNet) is planning to roll out a service which will allow researchers to store up to 100 Gbytes of data in the cloud by April next year.
The Australian Prudential Regulation Authority (APRA) has issued a draft guide for banks, insurers and superannuation companies about the need to properly manage data risks that will have implications for organisations considering outsourcing or moving data to the cloud.
From the dawn of civilisation until 2003 human beings generated 5 exabytes of data. We now produce that every two days – but only a tiny fraction is mined for value.
My apologies, I did not mean to give that impression.
still expensive and rubbish
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