xChange Provides a Compliant, Vertical Marketplace for Government Customers to Buy/Sell Cloud Capacity
VIENNA, Va.--(BUSINESS WIRE)-- NJVC®, an information technology solutions provider headquartered in Northern Virginia, and Virtustream, Inc., a leading enterprise cloud software company, today announced a new alliance to provide the Virtustream xChange cloud marketplace to government customers. Under the terms of the agreement, NJVC customers will use xChange technology to shop for on-demand compute services from providers that are looking to sell unused capacity, often at a discount. This service will soon be available to the federal government through the new NJVC Cloudcuity™ Government Marketplace via the NJVC Cloudcuity Management Portal.
NJVC recently announced its Cloudcuity portfolio of services to support mission- and business-focused cloud computing environments, and is now expanding its capabilities through this alliance.
“Virtustream xChange will give NJVC Cloudcuity users the automated ability to compare the cost of service offerings across the Cloudcuity Management Portal,” said Kevin L. Jackson, vice president and general manager, NJVC Cloudcuity. “Users will be able to take advantage of temporary price reductions through spot pricing and arbitrage. In addition, it will give the company the ability to dynamically adjust rates and apply a variety of pricing methodologies, such as fixed, variable, tiered and subscription, delivering on an important tenant of agile acquisition.”
Virtustream’s xChange allows enterprises in any vertical, including government, healthcare, education and financial services, to create a virtual cloud marketplace of approved vendors and consumers of cloud services. Each industry vertical has unique requirements and standards for the cloud, for example, healthcare (HIPAA), ecommerce (PCI), government (FISMA, G-cloud) and defense (DIACAP, NIST-800-53). As a result, it had been difficult to interconnect clouds within verticals to share capacity (cloud-bursting), applications (community clouds) or information (cloud federation). xChange now provides this secure and compliant capability.
Hosted on Cloudcuity, the government-focused xChange will also provide supplier scoring, billing, price comparisons and workload migration, while offering a dashboard on performance and service level agreement requirements. Employing a marketplace concept, xChange enables users to respond to dynamic pricing based on availability and demand.
“xChange is a trusted cloud marketplace that brings together approved vendors and consumers, and enables users to buy/sell capacity, access spot pricing and see future pricing,” said Kevin Reid, Virtustream chief executive and technology officer. “The majority of broker applications use a department store model—one shop with a handful of suppliers. xChange leverages dynamic market conditions to reduce the cost of infrastructure, while assuring enterprise cloud customers that they will stay competitive, compliant and secure.”
With a focus on information technology automation, NJVC® specializes in supporting highly secure, complex IT enterprises in business- and mission-critical environments, particularly for the intelligence and defense communities. We offer a wide breadth of IT and strategic solutions to our customers, ranging from strategic consulting to managed flexible services in five business areas: Cloud Services, Cyber Security, Data Center Services, IT Services and Print Solutions. Our global workforce includes dedicated and talented employees, with more than 90 percent holding security clearances. We partner with our customers to support their missions with security-cleared, dedicated and talented employees ready to deploy globally. To learn more, visit www.njvc.com.
Virtustream is a leading cloud innovator offering enterprise class cloud solutions for enterprises, governments and service providers. Virtustream simplifies moving complex IT to the cloud—whether private, public or hybrid—while delivering the full economic and business benefits of the cloud. Virtustream offers xStream: a secure, high availability, enterprise class hybrid cloud solution, delivering application level SLAs for mission critical applications (SAP, Oracle, Microsoft and thousands more). xStream is available as software for existing data centers and as a managed service from Virtustream's cloud—all backed by professional services to design, migrate and manage clouds. Virtustream offers xStream worldwide; owns data centers in the United States and EMEA; operates an international Cloud Exchange; has offices in San Francisco, New York, London, Washington D.C., Atlanta, Toronto and Dublin, and has partners in Asia and China.
Michelle Snyder, 703-839-7609
Lisa Desmond, 615-368-7325
Audra Capas, 703-437-9301
Heather Fitzsimmons, 650-800-7160
Source: Virtustream, Inc.