You have been selected for admission into the Whos Who in IT Professionals and h

You have been selected for admission into the Whos Who in IT Professionals and have been invited to speak at a conference in Las Vegas. As a key note speaker on the topic of The future of data encoding and compression you have been asked to discuss the effect that cheaper storage higher volume storage higher bandwidth and faster processing will have on current methods of data encoding and compression. Your audience will be comprised of both IT and non-IT professionals so you will need to explain the basic principles of data encoding and compression as well as forecast the future effect that new technologies will have on them.