Verecloud’s Nimbus Xchange to Leverage GigaSpaces eXtreme Application Platform
11 Novembre 2010 - 2:00PM
Business Wire
Verecloud (OTCBB:VCLD), which enables communications service
providers (CSPs) to capture market share in the emerging cloud
computing services business, today announced that its
groundbreaking Nimbus Xchange cloud services brokerage platform
will leverage the GigaSpaces eXtreme Application Platform (XAP)
solution for communications companies delivering cloud
services.
Cloud brokerage business models for CSPs demand real-time
scalable processing with data-grid capabilities – needs that both
GigaSpaces and Verecloud meet. GigaSpaces XAP is a high-end
application server with the world’s leading in-memory data grid
built-in, offering predictable scalability, performance under peak
demand, and up to 500 percent improvement in hardware utilization.
It is the only application server that allows enterprises to build
once and run on any hardware in any environment, both on and off
the cloud.
“As we continue to evolve Nimbus Xchange, we are looking to
leverage the best solutions our current partners offer as a way to
grow our cloud services broker platform,” said John McCawley, chief
executive officer of Verecloud. “GigaSpaces’ XAP solution is ideal
for our customers who want the flexibility of working in both
cloud-based and on-premise environments.”
GigaSpaces will provide a dynamically scalable application
platform enabling high volume transaction processing of cloud
services ordered through Nimbus Xchange. GigaSpaces’ transaction
processing technology is the foundation of Verecloud’s cloud
services broker platform, allowing a CSP to process a large number
of transactions in a reliable and flexible manner as well as manage
its transaction resources.
Verecloud’s development of Nimbus Xchange has been echoed by
Gartner’s recent definitional piece “Defining Cloud Services
Brokerage: Taking Intermediation to the Next Level,” which outlines
key aspects of the cloud service brokerage business. Gartner
outlined key aspects of the business function as the following:
- Simplifying cloud service onboarding
into the CSP product portfolio, reducing the time and cost to bring
innovative, over-the-top solutions to customers
- Negotiating the interactions between
service providers and service consumers, with a platform that
enables automated processes for cloud service lifecycle
management
- Providing a cloud services delivery
platform that allows the cloud service brokerage to add
significant, unique value to aggregated applications to meet the
needs to their customers
Verecloud has a long history of providing solutions to the
complex problems of communications services providers. The company
designed Nimbus Xchange to enable CSPs to participate in the value
chain of over-the-top applications and expand their existing
service portfolio. Nimbus Xchange also helps CSPs support the
customer experience for their own products as well as those they
offer from cloud services partners by providing an interactive
service management layer that interfaces between the CSP’s existing
infrastructure to address all phases of the cloud services
lifecycle.
“The addition of GigaSpaces’ XAP solution to Verecloud’s cloud
services broker services platform further demonstrates how the
platform is in line with the broader conceptual findings that
Gartner recently released,” said Dr. Hossein Eslambolchi, chairman
of 2020 Venture Partners and Verecloud board member. “Verecloud
continues to be a true innovator in this space by adjusting its
solutions to align to the current needs and trends of the
industry.”
About Verecloud
Based in Englewood, Colorado, Verecloud enables communications
service providers (CSPs) to capture market share in the expanding
and lucrative cloud computing market. Verecloud’s cloud services
broker platform, Nimbus Xchange, addresses the CSPs’ need to
integrate their cloud services business with existing back-office
systems which enable CSPs to drive new revenue opportunities. By
collaborating with Verecloud, CSPs are positioned to capture a
significant percentage of this exciting market by leveraging their
trusted intermediary status as a cloud services broker. Learn more
about Verecloud at: http://www.verecloud.com.
About GigaSpaces
GigaSpaces Technologies is a leading provider of a new
generation of application platforms for Java and .Net environments
that offers an alternative to traditional application servers. Its
flagship product, XAP, is the only in-memory application platform
that enables end-to-end scalability with a single product, to
dynamically meet any load requirements. GigaSpaces customers
depending on XAP reliability and sub-millisecond latency include
Virgin Mobile, Nortel, Telefonica, and other telecom companies, as
well as members of the Global Fortune 100.
For more information, visit http://www.gigaspaces.com.
Forward-Looking Statement
This release may contain projections and other forward-looking
statements that involve risks and uncertainties. Forward-looking
statements are projections reflecting management’s judgment and
assumptions based on currently available information and involve a
number of risks and uncertainties that could cause actual results
to differ materially from those suggested by the forward-looking
statements. Future performance cannot be assured. Readers are
referred to the documents filed by Verecloud with the Securities
and Exchange Commission (SEC), specifically the most recent reports
which identify important risk factors that could cause actual
results to differ from those contained in the forward-looking
statements. Recent documents filed with the SEC can be found in the
Investor Relations section of our website (www.verecloud.com).
Verecloud believes the forward-looking statements in this release
are reasonable; however, you should not place undue reliance on
forward-looking statements, which are based on current expectations
and speak only as of the date of this release. Verecloud is not
obligated to publicly release any revisions to forward-looking
statements to reflect events after the date of this release.
Verecloud (CE) (USOTC:VCLD)
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