
The proliferation of digital content continues
unabated. A recent IDC study estimates
that “…from 2005 to 2020, the digital universe will grow by a factor of 300,
from 130 exabytes to 40,000 exabytes, or 40 trillion gigabytes (more than 5,200
gigabytes for every man, woman, and child in 2020). From now until 2020, the
digital universe will about double every two years…” At the same time, the
level of investment in IT infrastructure and services to manage such an
unprecedented growth in digital content is anticipated to grow by only 40%. A report by Oxford Economics titled ”The New Digital Economy” estimates that in
2013 the “total size of the digital economy is about $20.4...