TechnologyAccounting SoftwareThink of a number …

Think of a number ...

If you've searched the net or a database lately, it won't have escaped you that the web, company intranets and databases, even your own email system, now contain an overwhelming amount of information.

In fact researchers at the University of California have said that the amount of information we generate has grown at twice the rate anticipated two years ago. We now have 24 exabytes of data at our disposal.

An exabyte, by the way, is one billion gigabytes. That’s 50,000 times the contents of the US Library of Congress.

Assuming that some of this ocean of data is useful, how are ordinary consumers to get any use from it? Well, IBM has come up with an answer.

Using a technique reminiscent of the punchcards used in early computers, it has found a way to store data onto polymer. At present, 25 million pages of text can be punched onto a postage stamp-sized piece of tape.

The researchers believe that this technique will eventually enable us to carry vast amounts of data on mobile phones, palm tops and even watches.

Even more data, then.

Related Articles

5 key tech innovations helping accountants transform their businesses

Accounting Software 5 key tech innovations helping accountants transform their businesses

3w Heather Darnell, Founder of Ask the BOSS
Finance and the tech foundation: what’s needed to deliver impactful business insights?

Accounting Software Finance and the tech foundation: what’s needed to deliver impactful business insights?

3m Workday | Sponsored
Best accounting software for businesses in the UK

Accounting Software Best accounting software for businesses in the UK

3m Accountancy Age, Reporters
Making sense of enterprise tech concepts for finance teams

Accounting Software Making sense of enterprise tech concepts for finance teams

4m Workday | Sponsored
Open Banking: what you need to know

Accounting Software Open Banking: what you need to know

4m Edward Berks, Xero
Accountancy in the digital age: Flexibility, agility, efficiency

Accounting Software Accountancy in the digital age: Flexibility, agility, efficiency

6m Pegasus Software | Sponsored
Sage purchases Intacct in its largest ever acquisition

Accounting Software Sage purchases Intacct in its largest ever acquisition

10m Alia Shoaib, Reporter
5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

10m Alia Shoaib, Reporter