Three additional things that you have to keep in mind are that:
1 - Enterprise storage is much, much denser (as in, capacity per physical space occupied) than you would expect.
2 - These systems have capacity recovery features (primarily compression and deduplication) that save a lot more storage than you would expect.
3 - The elements in the infrastructure are periodically refreshed by migrating them to newer infrastructure (think of how you could migrate two old 500GB disks to a single modern 1TB disk to save the physical space of a disk).
"IBM Storage Scale System is based on proven IBM Storage 2U24 hardware that can be expanded with additional storage enclosures up to 15.4PB of total capacity in a single node and 633YB in a single cluster. You can start with 48TB using half-populated flash nodes or create a fully-populated NVMe flash solution with 24, 2.5” drives in capacities of 3.84TB, 7.68TB, 15.36TB or 30TB. Using the largest capacity 30TB NVMe drives, up to 720TB total flash capacity, in a 2U form factor, along with associated low weight and low power consumption. Adding storage enclosures is easy as up to 8 enclosures (each 4u with 102 drives) can accommodate up to 816 drives of 10TB, 14TB or 18TB or 14.6PB of total raw HDD capacity."
In short, you end up packing a stupid amount of storage in relatively moderate spaces. Combined with the other two points, it helps keep things somewhat under control. Kinda.