The Intranet — the quiet (r)evolution Available to Purchase

Looking at computing and networks Costs At a meeting of The Royal Society of Arts, an IBM researcher made the following statement: “The only fact that matters is that hardware costs fall by 30% per annum in real terms.” Pressed later on he added the following: “Network costs fall by 50% per annum.” These two statements should not be dismissed lightly. At a lecture to a British Computer Society (BCS) group, it was also stated that in 1989 a 50 MIP system cost about £250,000 — £5,000 per MIP. Today that cost is £2,500 — £50 per MIP: a hundred‐fold reduction.