10 Signs OpenStack Has Come Into Its Own, June 25, 2013 OpenStack continues to build momentum in the tech industry. Since its inception in 2010, OpenStack has made considerable strides as an open source IaaS project. Enterprises are seeking ROI with their OpenStack pilot projects, brand-name IT companies such as HP and Juniper are doubling down on OpenStack initiatives, and venture capitalists are throwing cash at OpenStack startups in an attempt to help the market make good on the hype -- and profit in the process. Here are 10 recent OpenStack developments.
PayPal Puts OpenStack To The Test
In April, PayPal announced that through its partnership with Mirantis to deploy OpenStack using Fuel, it has managed to reduce its compute costs by one third and is now able to provision 50 nodes in 30 minutes, as compared to the whopping three weeks it took in the past.