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Verizon Sees Jump In Cloud Service Customers

Verizon [VZ] reported a major increase in customer use of its cloud computing services in the past 18 months, according to a company report released on Aug. 29. The company saw a 90 percent increase is customers using cloud for storage purposes and a 100 percent increase in cloud-based memory. The company noted a 35 percent increase in deployment of virtual machines (VMs), which enable cloud computing.         Calling cloud computing the way of the future, Norm Laudermilch, chief operating…

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Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

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