Verizon announced details about a new cloud computing service for business, known as Verizon Cloud. This is an IaaS offering the company claims will offer better end-user control over performance than any other cloud solution, including AWS.
Currently in limited beta, Verizon Cloud provides an IaaS elastic computing system, Verizon Cloud Compute, and an object storage system, Verizon Cloud Storage. This sounds familiar. However, where Verizon Cloud differs, according to Verizon, is that they deliver the performance you specify, not just the performance you end up with.
Verizon Cloud is based upon optimized Xen hypervisors which borrow heavily from CloudStack. This is a change from their mostly VMware-focused services, and they hope this will deliver on performance and cost effectiveness.
The problem that Verizon has is that, no matter how nice a car they build, they are late to the race. AWS has such as huge lead, with Rackspace, Microsoft, HP, and others so close behind that I don’t think Verizon has a chance of catching up at this point. While Verizon has been in the game with the Terramark acquisition, they have largely been in a holding pattern for the last couple of years. The market has moved on.
This kind of “me too” approach to cloud computing will only work if you bring something new to the table. Like others who entered the game late, and just replicated AWS (most recently, Oracle), they will find some market with their existing customers, but the larger prize will be out of reach. Verizon Cloud will be one of those technologies that could have been great, had they figured it out in 2008, not in 2013.