11/08/2010

Morphlabs Enables Mission Critical Deployments Over the Public Cloud

MANHATTAN BEACH, Calif., Nov 02, 2010 (BUSINESS WIRE) -- Morphlabs, a leading provider of private and public cloud infrastructure, announced today a new cloud management platform called mCloud On-Demand. mCloud On-Demand is an operational management environment that leverages Amazon's EC2 cloud service to deliver enterprise-class applications over the public cloud.

 According to a report from research firm International Data Corporation (IDC), the public IT cloud services will grow at more than five times the projected growth rate for traditional IT products over the next 5 years. [IDC- Press Release, Through 2014 Public IT Cloud Services Will Grow at More Than Five Times the Rate of Traditional IT Products, New IDC Research Finds, According to IDC, June 23, 2010.] "Our forecast shows that public IT cloud services are currently 'crossing the chasm,' with modest revenue but very fast growth," said Frank Gens, senior vice president and chief analyst at IDC. [IDC- Abstract, Worldwide and Regional Public IT Cloud Services 2010-2014 Forecast, According to IDC, June 2010.]

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