Cloud start-up plans opening

Two members of the team that created Amazon's EC2 have founded a cloud computing start-up called Benguela, which is expected to emerge from stealth mode next week, reports Network World.

Founded in 2008 by Chris Pinkham and Willem van Biljon, the company is building cloud infrastructure software for enterprises. Full details of the company's offering and technology have not been disclosed.

The company is based in Menlo Park, California, and Cape Town, SA, and is financially backed by Sequoia Capital.

Consona, and enterprise resourcing and planning company, has acquired ERP vendor Compiere for its cloud computing software, states Business Week.

Compiere's offering, an open source cloud-based solution, can run on either on-premises or with a public cloud service like Amazon Elastic Compute Cloud.

Consona says it plans to maintain and develop Compiere's products, continuing to support the vendor's open source strategy.

Verizon Business has unveiled a cloud-based storage service, writes PC World.

The service leverages the Verizon Communications global data network and targets large enterprises. The storage facilities will be held at Verizon data centres.

Verizon says it can offer better value and faster access by combining network services with the storage capacity, all on a pay-as-you-go basis. The carrier already has a cloud backup service for transactional data, called Managed Data Vault.