Cloud Computing Zone

Rackspace Announces new Open Source Cloud Platform

Rackspace is sponsoring an open source cloud computing project, OpenStack, and contributing its own code to it in order to generate more uniform cloud environments in which customers can move around at will.

The move will likely generate new competitors for the Rackspace Cloud. One small provider, cloud.com, is already committed to adopt the project’s output.

The project also includes participation by Intel and AMD as well as the NASA space agency.

Rackspace’s move, as the second largest provider of cloud services, is an effort to compete more effectively with Amazon Web Services EC2, which so far has run away with the majority of the cloud market.

Jim Curry, VP of corporate development, said the number of cloud users is growing rapidly, but the actual amount of money spent on cloud computing this year will only be about $1 billion.

“It’s hard to say it’s a large market yet. The game needs to change. Customers hesitate to participate because of fear of lock in. We believe this stack removes that fear.”

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