From the press release:
The Final Report from the Blue Ribbon Task Force on Sustainable Digital Preservation and Access, called “Sustainable Economics for a Digital Planet: Ensuring Long-term Access to Digital Information”, is the result of a two-year effort focusing on the critical economic challenges of preserving an ever-increasing amount of information in a world gone digital. The full report is available online.
“The Data Deluge is here. Ensuring that our most valuable information is available both today and tomorrow is not just a matter of finding sufficient funds,” said Fran Berman, vice president for research at Rensselaer Polytechnic Institute, and co-chair of the Task Force. “It’s about creating a “data economy” in which those who care, those who will pay, and those who preserve are working in coordination.”
The challenge in preserving valuable digital information – consisting of text, video, images, music, sensor data, etc. generated throughout all areas of our society – is real and growing at an exponential pace. A recent study by the International Data Corporation (IDC) found that a total of 3,892,179,868,480,350,000,000 (that’s roughly 3.9 trillion times a trillion) new digital information bits were created in 2008. In the future, the digital universe is expected to double in size every 18 months, according to the IDC report.