The USB was created in 1995 by several companies to provide a universal connection standard for computer devices. It was developed to address the problem of every new device requiring a unique serial port. The USB allows for cost effective and power efficient connections of devices through a small, durable port. While small USB drives can be easily misplaced, the USB standard provides versatility in connecting many types of devices, from keyboards to cameras. The USB standard has evolved from its initial 12 Mbps speed to today's 480 Mbps USB 2.0, with 5 Gbps USB 3.0 upcoming. Future developments may include wireless USB connections.