Top 25 European Cloud Computing Rising Stars: GreenQloud

GreenQloud is headquartered in Iceland and takes advantage of the country’s unique location between Europe and North America. The company boasts its product is 100% powered by renewable geothermal and hydropower energy, which is not common among Cloud Computing competitors and other industry sectors. Actually, the company – established in 2010 – offers hosting and storage for both the European and North American markets, utilizing multiple high speed fiber connections to Iceland.

At present, it employs less than 10 people but offers unique opportunity to those who are really interested in protection of environment. Eirkur Hrafnsson, GreenQloud’s CEO and co-founder, decided to position the company at a location that can benefit from the geothermal springs and hydropower available at the data center run by the company.

As a matter of fact, the product is still in beta testing while the company plans to open the world’s first carbon-neutral cloud service. GreenQloud’s service will be completely compatible with Amazon’s Elastic Compute Cloud (EC2), Simple Storage Service (S3) and Elastic Block Storage (EBS) services, enabling customers to take advantage of the company’s Infrastructure as a Service (IaaS) offering.

There are other players in Europe starting to market themselves as green clouds – but by leveraging carbon offsets, which will make them more expensive and not truly green. There are no green clouds in the US that we know of,”

Hrafnsson said in an interview with Web Host Industry Review.

The company’s co-founder wants to offer Cloud Computing services to customers that are interested in managing their carbon footprint cloud hosting while embracing clean power cloud hosting.

GreenQloud plans to launch a large scale service by the end of third quarter of 2011 and start gaining profits within three years. Those ambitious plans are backed by growing demand for green technologies all over the world, including in the Cloud Computing sector. Angel investors secured USD 500,000 in funding for the company and GreenQloud is looking for a second round of funding.

In September 2010, the company signed a deal with Nimsoft, a CA Technologies company, to use its Nimsoft Monitoring Solution (NMS) in order to provide clients with 24×7 visibility. “Clients are very interested in becoming more environmentally responsible when it comes to IT, but they certainly don’t want to achieve that responsibility at the cost of service quality or peace of mind,” Eirikur Hrafnsson commented in a press release after last year’s deal. The use of NMS allows GreenQloud to offer clients a flexible set of monitoring options ranging from a baseline package to a variety of premium add-ons, the two companies explained in the press release. The company’s solution also utilizes Cloud.com’s Kernel-based Virtual Machine (KVM) stack featuring Microsoft Hyper-V virtualization.

In fact, GreenQloud offers an innovative Cloud Computing solution based on green energy while claiming that it can secure stable energy prices. The company’s business model already attracted attention of many prospect investors and customers and the company has pretty good chance to become a leading IaaS and Cloud Computing provider. In a world affected by constantly fluctuating energy markets, those who can deliver a solution that offers insurance against energy price volatility can boast significant competitive advantage.

By Kiril Kirilov

Sorry, comments are closed for this post.

Protecting Devices From Data Breach: Identity of Things (IDoT)

Protecting Devices From Data Breach: Identity of Things (IDoT)

How to Identify and Authenticate in the Expanding IoT Ecosystem It is a necessity to protect IoT devices and their associated data. As the IoT ecosystem continues to expand, the need to create an identity to newly-connected things is becoming increasingly crucial. These ‘things’ can include anything from basic sensors and gateways to industrial controls…

Why Security Practitioners Need To Apply The 80-20 Rules To Data Security

Why Security Practitioners Need To Apply The 80-20 Rules To Data Security

The 80-20 Rule For Security Practitioners  Everyday we learn about yet another egregious data security breach, exposure of customer data or misuse of data. It begs the question why in this 21st century, as a security industry we cannot seem to secure our most valuable data assets when technology has surpassed our expectations in other regards.…

Virtual Immersion And The Extension/Expansion Of Virtual Reality

Virtual Immersion And The Extension/Expansion Of Virtual Reality

Virtual Immersion And Virtual Reality This is a term I created (Virtual Immersion). Ah…the sweet smell of Virtual Immersion Success! Virtual Immersion© (VI) an extension/expansion of Virtual Reality to include the senses beyond visual and auditory. Years ago there was a television commercial for a bathing product called Calgon. The tagline of the commercial was Calgon…

Choosing IaaS or a Cloud-Enabled Managed Hosting Provider?

Choosing IaaS or a Cloud-Enabled Managed Hosting Provider?

There is a Difference – So Stop Comparing We are all familiar with the old saying “That’s like comparing apples to oranges” and though we learned this lesson during our early years we somehow seem to discount this idiom when discussing the Cloud. Specifically, IT buyers often feel justified when comparing the cost of a…

Moving Your Email To The Cloud? Beware Of Unintentional Data Spoliation!

Moving Your Email To The Cloud? Beware Of Unintentional Data Spoliation!

Cloud Email Migration In today’s litigious society, preserving your company’s data is a must if you (and your legal team) want to avoid hefty fines for data spoliation. But what about when you move to the cloud? Of course, you’ve probably thought of this already. You’ll have a migration strategy in place and you’ll carefully…

Three Challenges of Network Deployment in Hyperconverged Infrastructure for Private Cloud

Three Challenges of Network Deployment in Hyperconverged Infrastructure for Private Cloud

Hyperconverged Infrastructure In this article, we’ll explore three challenges that are associated with network deployment in a hyperconverged private cloud environment, and then we’ll consider several methods to overcome those challenges. The Main Challenge: Bring Your Own (Physical) Network Some of the main challenges of deploying a hyperconverged infrastructure software solution in a data center are the diverse physical…

Using Cloud Technology In The Education Industry

Using Cloud Technology In The Education Industry

Education Tech and the Cloud Arguably one of society’s most important functions, teaching can still seem antiquated at times. Many schools still function similarly to how they did five or 10 years ago, which is surprising considering the amount of technical innovation we’ve seen in the past decade. Education is an industry ripe for innovation…

The Cloud Is Not Enough! Why Businesses Need Hybrid Solutions

The Cloud Is Not Enough! Why Businesses Need Hybrid Solutions

Why Businesses Need Hybrid Solutions Running a cloud server is no longer the novel trend it once was. Now, the cloud is a necessary data tier that allows employees to access vital company data and maintain productivity from anywhere in the world. But it isn’t a perfect system — security and performance issues can quickly…

5 Things To Consider About Your Next Enterprise Sharing Solution

5 Things To Consider About Your Next Enterprise Sharing Solution

Enterprise File Sharing Solution Businesses have varying file sharing needs. Large, multi-regional businesses need to synchronize folders across a large number of sites, whereas small businesses may only need to support a handful of users in a single site. Construction or advertising firms require sharing and collaboration with very large (several Gigabytes) files. Financial services…