Deutsche Borse to open Cloud Exchange, treat computing as a commodity

Bitcoin fans are familiar with using cloud computing to generate a commodity -- but what would happen if cloud computing was the commodity? The Deutsche Börse should find out when it opens its newly-unveiled Cloud Exchange in the first quarter of 2014. The independent market will let organizations buy remote computing and storage in respective 8GB and 1TB blocks, with traders agreeing on when and where the number crunching takes place. Theoretically, this creates a neutral, competitive space for exchanging server power: buyers can easily spot the best value, while sellers can efficiently offload their unused cycles. Whether or not the Cloud Exchange works that way in practice, we're just hoping that it isn't as volatile as an old-fashioned stock exchange.

[Image credit: Dontworry, Wikipedia]

Filed under: Storage, Internet

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Via: Reuters

Source: Deutsche B?rse Cloud Exchange

Source: http://www.engadget.com/2013/07/04/deutsche-borse-to-open-cloud-exchange/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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