Verizon’s new cloud Infrastructure as a Service, Verizon Cloud, is the latest cloud-based object storage service is fundamentally changing how public clouds are built.

Large enterprises, mid-size companies and small development shops will get the agility and economic benefit of a generic public cloud along with the reliability and scale of an enterprise-level service with unprecedented control of performance. The public beta for Verizon Cloud will launch in the fourth quarter of this year.

"Verizon created the enterprise cloud, now we’re recreating it," said John Stratton, president of Verizon Enterprise Solutions. "This is the revolution in cloud services that enterprises have been calling for. We took feedback from our enterprise clients across the globe and built a new cloud platform from the bottom up to deliver the attributes they require."

Verizon Cloud has two main components: Verizon Cloud Compute and Verizon Cloud Storage. Verizon Cloud Compute is the IaaS platform. Verizon Cloud Storage is an object-based storage service.

Verizon Cloud Compute is built for speed and performance. Virtual machines (software-based computers and servers) can be created and deployed in just seconds, and users build and pay for what they need.

In addition, while Verizon built the solution for enterprises, it is nimble enough to meet the needs of small and medium businesses, individual IT departments and software developers.

"This is a breakthrough approach to how cloud computing is done," said Bryson Koehler, chief information officer at The Weather Company, the nation’s leading provider of weather forecasts and information. "Weather is the most dynamic dataset in the world, and we also use big data to help consumers better plan their day and help businesses make intelligent decisions as it relates to weather. As a big data leader, a major part of The Weather Company’s go-forward strategy is based on the cloud, and we are linking a large part of our technical future to these services from Verizon."

Verizon Cloud Storage is an object-addressable, multitenant storage platform providing safe, durable, reliable and cost-effective storage accessible from anywhere on the Web. Object storage is extra robust and Web-traffic reliable, making it ideal for cloud-based applications. Verizon Cloud Storage overcomes latency issues that have plagued many traditional storage offerings, providing improved performance.

"We are putting control and choice back in the hands of the user, while still addressing their needs for availability, performance and security," said John Considine, chief technology officer of Verizon Terremark. "We started from scratch, building the core components we felt necessary to achieve that goal."

These new cloud services are backed by the deep technical and operation experience of Verizon and supported by the company’s global IP network, global data centers and managed security services. Verizon also offers a wide range of hosting, managed hosting and colocation services to meet all of an organization’s IT needs.