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Sony teams with Panasonic to create revolutionary 1TB storage disc

Optical discs — such as CDs and DVDs — are extremely convenient. They have properties that protect themselves from dust, water, and changes in temperature and humidity. What's more, they allow for inter-generational compatibility, meaning that data on the disc can continue to be read even as formats evolve.

All these benefits make them a great option for long-term data storage. Except for one big problem — they don't hold enough data. That is, until now.

Tech giants Sony and Panasonic have announced plans to develop a new standard for the next-generation of optical discs, which have a recording capacity of 300GB per disc. The companies plan to launch these co-called "Archival Discs" in the summer of 2015.

And 300GB is just the beginning. Going forward, both companies plan to leverage their respective technologies to expand recording capacity even further — to 500GB and 1TB per disc. To put that into perspective, Blu-ray discs can hold 100GB of data.

The goal, the companies said, is to expand the market for long-term digital data storage.

"In recent times, demand for archival capabilities has increased significantly in the film industry, as well as in cloud data centers that handle big data, where advances in network services have caused data volumes to soar," the companies said in a joint statement.

Sony and Panasonic, both of which have successful experience working on the development of Blu-ray disc technology, plan to actively promote this new technology to businesses "to offer an effective solution for protecting valuable data into the future." They have already designed a logo (see above) and released specifications for the new discs.

For more, check out the Archival Disc's specifications below.