Folio Photonics announced it has been named a winner in the 2023 BIG Innovation Awards presented by the Business Intelligence Group.
For more information visit: foliophotonics.com
Unedited press release follows:
Folio Photonics Wins 2023 BIG Innovation Award
Company recognized for its creativity and passion for success
SOLON, Ohio — Folio Photonics today announced it has been named a winner in the 2023 BIG Innovation Awards presented by the Business Intelligence Group.
Folio Photonics is reenergizing data storage media innovation with the first-ever enterprise-scale, immutable active archive solution that delivers breakthrough cost, margin, and sustainability benefits.
By leveraging game-changing advancements in materials science to create high-capacity optical storage write-read capabilities, Folio’s technology overcomes historical optical constraints to reshape the trajectory of archive storage. The ultimate goal of Folio’s technology is to support data center and hyperscale customers by helping them reduce costs, bolster cybersecurity, boost their cold storage performance and increase their sustainability by offering a new data storage solution.
“Innovation is ‘business critical’ in today’s society,” said Maria Jimenez, chief operating officer of the Business Intelligence Group. “We are thrilled to be honoring Folio Photonics as they lead by example and improve the lives of so many.”
“We are honored to be named a winner in the Technology Category of the 2022 BIG Innovation Awards,” said Steven Santamaria, CEO of Folio Photonics. “Folio has achieved a multi-optical disc storage technology breakthrough that will enable industry-disruptive cost, cybersecurity and sustainability benefits. By leveraging patented advancements in materials science, we have developed the first economically viable, enterprise-scale optical storage discs. This approach will enable the development of radically low/cost, high/capacity disc storage.”
Organizations across the globe submitted their recent innovations for consideration in the BIG Innovation Awards. Nominations were then judged by a select group of business leaders and executives who volunteered their time and expertise to score submissions.
About Folio Photonics
Folio Photonics is reenergizing storage media innovation with the first-ever enterprise-scale, optical data storage solution. Leveraging game-changing advancements in materials science to create dynamic multi-layer write/read capabilities, Folio’s technology overcomes historical optical constraints to reshape the trajectory of archive storage. Ideal for data center and hyperscale customers, Folio’s next-generation storage media radically reduces upfront cost and TCO while making data archives active, cybersecure, performant and sustainable. To learn more, please visit: https://foliophotonics.com/.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.