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This report summarizes the work of the OIDA-sponsored Silicon Photonics Workshop (March 2011) and the Short Reach Optical Interconnects Workshop (April 2011). Key areas of focus: i) future progress in computer technology and its dependence on ultra-fast data transfer between and within microchips and ii) high speed optical interconnects based on silicon photonics as a needed solution due to the ability to integrate electronic and optical components on the same chip.