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Financial companies and retailers are using Verizon Terremark’s...

Financial companies and retailers are using Verizon Terremark’s cloud services to connect with customers globally, Verizon Terremark Chief Technology Officer John Considine told us Thursday. As businesses are moving their data to the cloud, they want business continuity services and…

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“dedicated connectivity to mission critical data and applications,” the company said in a report released Thursday (http://bit.ly/16UhjWe). Between January 2012 and June 2013, cloud-based storage increased by 90 percent, and cloud-based memory increased by 100 percent, according to Verizon Terremark. “As people move from test and development to doing more important things on the cloud, they are building bigger things and using more memory and more storage,” said Considine. “It’s one of those background parameters that allows us to make a statement that enterprises are doing more in cloud then they were two years ago or even a year ago.” The growing number of virtual machines (35 percent since January 2012) shows how “enterprises are moving more workloads to the cloud,” the report said. Cloud services are also changing traditional in-house information technology because the cloud infrastructure offers “increased agility that the lines of business want” and gives in-house IT “teams the framework they need to meet these demands through official channels,” the report said.