Verizon is planning to concentrate on Cloud services and the procurement of CloudSwitch is going to boost its enterprises and IT services. The negotiations and acquisition details are not yet publicized, but Verizon is out to prove that it would be playing more roles in the Cloud area in the coming year.
Verizon had bought Terremark, a cloud service company, for $1.4 billion earlier this year. Now they have CloudSwitch, which in turn is a cloud software startup, providing security management to enterprise level applications that runs in cloud.
It’s expected that Verizon will merge CloudSwitch into Terremark data centre business unit. The Company has already agreed to keep 30 staff including the executive team to remain in CloudSwitch to be a part of the Terremark’s cloud services in Boston.
The move will practically create a setback to other big cloud providers like Amazon and Rackspace since the cloud services will be more secured with Verizon. CloudSwitch software enables enterprises easy moving of applications and work datas to the cloud.
This service could attract other companies move closer to Terremark’s services now. Hence better mobility and security is hoping to get Verizon a good deal of progress in the cloud services.
Verizon also hopes to provide not only commodity clouds but a lot of other services too like higher level of SLAs, enterprise procurement, professional services, security modals and dedicated systems. Verizon had also partnered with Cisco to provide a cloud based single communication services earlier this year.
All these moves on Verizon’s part shows that the company has sensed the potential of Cloud market in the future.
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