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Facebook Saves $1 Billion with Open Compute Project

Today at the Open Compute Summit V event, Facebook founder and CEO Mark Zuckerberg said that in the last three years his company has saved a billion dollars Frankovsky by building out its infrastructure using OpenCompute designs.

"We've also saved a lot in terms of the energy consumption," Zuckerberg said. "In just the last year, we have saved the equivalent amount of energy of 40,000 homes, and if we can bring those saving and efficiencies to other companies as well, that's great."

Frank Frankovsky, Chairman of the Open Compute project, emphasized during the event that the effort has grown rapidly since 2011 and now includes over 150 member companies.

Read the full story at ServerWatch:
Open Compute Project Takes on Converged Infrastructure, Saves Facebook $1 Billion

Sean Michael Kerner is a senior editor at InternetNews.com. Follow him on Twitter @TechJournalist.