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Business/Financial

Verizon Sees Jump In Cloud Service Customers

Gally Articola

Friday, August 30th, 2013

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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 Thursday. Locations of Verizon Terremark's global data centers, which can host servers for cloud computing. Photo: Verizon Terremark. 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…

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