Ocarina Bets $1 Million on Green Large-Scale Data Storage

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SAN JOSE, Calif. -- Following the company's first annual Compression Summit, data storage optimization company Ocarina Networks announced that it would offer $1 million in prizes to the innovators or companies that can develop data storage methods that are ten times more efficient than existing methods in the next two years.

The Ocarina Prize aims to spur advances in file-compression algorithms, energy use, heating and cooling, and physical space requirements for data storage.

The prizes will take the form of $10,000 for each winning submission that improves upon the the latest technology in compression by at least 3 percent. The first prize covers three categories: JPEG 2000 recompressions, h.264 video recompression, and compressing engineering CAD files.

There have been several significant green storage announcements in recent days, as companies come to terms with how rapidly increasing demands for data centers and accompanying storage needs are ramping up space, cost and cooling requirements for data storage. Last month, Nexsan unveiled a green storage kit for small businesses; while GreenerComputing's Andrew Binstock explored just how green solid state drives are.

October 2007 saw a slew of green storage-related announcements as well: Fujitsu and the Storage Networking Industry Association both launched green storage initiatives, while Chris James explained that green storage on its own simply isn't good enough for green IT goals.

To learn more about the Ocarina Prize and moving forward the state of the art for green strage, visit: http://ocarinanetworks.com/prize/index.html.

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