Optical Holographic Storage by GE research is an interesting new development for data storage as a technology. Holographic storage pertains to the use of the the third dimension ( Height) over and the above the two dimensions ( Length, Breadth) which is used to record data in traditional optical disks. Papers on this subject were written as early as the 1960s.
The technology is "ground breaking" in the traditional sense, in that, there is an order-of-magnitude increase in the efficiency of use. ( 50 GB - 500GB for a given form factor). There is also great promise in adoption since the price per GB for the optical disk market is expected to come down to around 10c /GB from the existing 50c/GB by 2011.
What we have to see about are the format wars this might trigger, after going through the whole HD-DVD and Blue-Ray battles .
In terms of usage , there seems to talks of licensing this to players in the data archival space. We need to wait and see who comes forward here.
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