Cost Management Reducing Storage
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Hierarchical storage management - Hierarchical storage management, commonly known as HSM is a widely used technique in computer systems to reduce the cost of bulk data storage, improve performance, or both. The method relies on the tradeoff between high-capacity, low-cost, but slow storage such as magnetic tape media, and the relatively low capacity, expensive, but much faster hard disk storage found in most computers.
Hierarchical Storage Management - Hierarchical Storage Management (HSM) is a data storage system that automatically moves data between high-cost and low-cost storage media. HSM systems exist because high-speed storage devices, such as hard disk drives, are more expensive (per byte stored) than slower devices, such as optical discs and magnetic tape drives.
Holding cost - In business management, holding cost is money spent to keep and maintain a stock of goods in storage.
Cost management - Cost management is the process whereby companies use cost accounting to report or control the various costs of doing business.
costmanagementreducingstorage
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