python example_process.py 2>&1 | python silo.py &

So you want to stick a script on a remote machine and leave it running forever?
Cool. But what happens if it crashes? How will you know what went wrong?
Maybe you should just redirect stderr and stdout to a file?
Ok, cool. But wait, this log file is just going to keep growing forever and will eventually fill up the entire hard-drive.
This is where silo comes in. Just pipe your output to it as shown above and it will limit the output to the last 1MB of data.