a process and a system for compressing highly correlated image data is provided . the system comprises means for capturing the image , means for converting to digital form , means for reshaping the data , means for encoding the repetitions , means for storing the compressed data and means for retrieving the data . the method comprises steps like capturing the image , converting into digital form , reshaping the data into matrix form , encoding the repetitions into a bit - plane index and encoding data values for storage , storing the compressed data in memory and retrieving the data for decompression . the system and method for compressing image and other highly correlated data is described in the description and illustrated by the way of drawings .