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Curation Costs Exchange

Understanding and comparing digital curation costs to support smarter investments

Economic Model for Long-Term Storage (EMLTS)

Creator and Funding
Developed by David Rosenthal.
The latest blog post on the subject is from 2011.
To predict and compare the cost of long-term storage over time.
Information assets
Any kind of digital asset, focus on long-term storage only, binary volume.
Archival Storage, Administration.
Total cost, no specification of capital cost or labour cost, based on experience from storage providers.
Future—up to 100 years.
Uses four components: Yield Curves, Loans, Assets and Technologies with variables for purchase cost, running cost, migration cost, service time, further detailed into interest rates, decrease in storage cost per storage unit, a “short-term-ism" factor, planning horizon.
Type of tool
Simulation tool, based on Monte Carlo simulation, implementation unknown, maybe run on Prism.
Availability of tool
None. A description of the model is available online.

Further reading