Diomede Offers Green File Storage In The Cloud For A Fraction Of The Cost

At today's TechCrunch Cloud Computing Roundtable event, a new storage company called Diomede launched in private beta with the goal of offering low cost cloud-based storage that is also very energy efficient. The basic premise behind the service is that not all data in the cloud needs to be immediately available, but that most people still pay for the immediate access anyway. While most data centers have their servers and disk drives operating 24/7 with near-immediate access, Diomede allows customers to designate files that they don't need instant access to, and places them either as 'nearline' or 'offline'. Full story...