Deutsche Börse, which operates the Frankfurt Stock Exchange, has formed a joint venture with Berlin-based Zimory GmbH to create a neutral, secure and transparent trading venue for cloud computing resources.
Deutsche Börse Cloud Exchange AG will serve enterprises, public sector agencies and also organizations such as research institutes that need addition
al storage and computing resources, or have excess capacity that they want to offer on the market.
Deutsche Börse Cloud Exchange will set and monitor standards regarding the product offering, admission procedure, changes of provider and guaranteed purchased capacity. Clients will be able to choose capacity providers freely, as well as select the jurisdiction that will apply to the outsourced data. The product offering will initially include outsourced storage capacity and computing power. The company said it will work closely on standards with potential marketplace participants, including traditional IT vendors, national and international SMEs, and large corporations from a wide range of industries, such as CloudSigma, Devoteam, Equinix, Host Europe, Leibniz- Rechenzentrum, PROFI AG, T-Systems and TÜV-Rheinland.
“With its great expertise in operating markets, Deutsche Börse is making it possible for the first time to standardise and trade fully electronically IT capacity in the same way as securities, energy and commodities,” said Michael Osterloh, Member of the Board of Deutsche Börse Cloud Exchange.
Zimory specializes in management software for private, public, hybrid and database clouds.
