Computer scientists at the University of Waterloo have found a novel approach that significantly improves the storage efficiency and output speed of computer systems.
Current data storage systems use only one storage server to process information, making them slow to retrieve information to display for the user. A backup server only becomes active if the main storage server fails.
They won’t graduate until next spring, but their startup has already taken flight.
The five founders of Gooloo recently earned a spot in the University of Waterloo’s Concept $5K Finals, where they explained their business model to a panel of judges alongside nine other student teams.
At this year’s Concept $5K competition, three University of Waterloo roommates returned home with a coveted $5,000 prize to invest in their growing startup.
