"It has allowed us to increase our grant-making capacity at a time when the arts community needs support and has engaged an ever-expanding audience with the art of Andy Warhol, " he said.

BBC: Andy Warhol works fetch $17m at New York auction

The price of storage continues to decline significantly, up to 30-40 percent per year, making it more cost effective to add capacity than to spend the valuable time and effort required to find and delete data.

FORBES: Keep Your Data Forever: Three Tips For Smarter Storage