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How Much Money is the OpenStack Market Generating?

A new market sizing report from analyst firm 451 Research pegs the OpenStack market as being on track to generate $600 million in revenue in 2013, with more than $1 billion in revenue forecast by 2015.

Service providers are a key group that can benefit from OpenStack. According to the 451 Research report, service providers will account for $486 million of total OpenStack market revenue in 2013. And that number will grow to $680 million in 2014, according to 451 Research forecasts. In 2013, OpenStack co-founder Rackspace represents approximately 70 percent of the total OpenStack 2013 market share.

Read the full story at eWeek:
OpenStack Cloud Business Tops $600M in 2013, Over $1B by 2015

Sean Michael Kerner is a senior editor at InternetNews.com. Follow him on Twitter @TechJournalist.