Telcos are quite interested in NFV as a way to cut hardware costs and to introduce new software-based services. NFV addresses the telcos' need for determinism, which guarantees that an operation, once set in motion, comes to completion.
"Telcos, driven by business realities, are aggressively looking to reinvent themselves by embracing commodity based cloud solutions," Balakrishnan said, adding that the financial industry would be interested in this technology as well.
The two companies have also launched an early adopter program for telecommunications providers that wish to test the NFV, as well as for software and software vendors that want to develop NFV-based products and services.
Red Hat has also paired with network attached storage systems provider NetApp to develop a reference architecture to pair Red Hat's OpenStack deployments with NetApp's storage systems. The two companies plan develop a set of standards, called Manila, for integrating OpenStack with file-based storage systems.
Red Hat has also released the source code of hybrid cloud management software it acquired in 2012, when it purchased ManageIQ. The company subsequently rebranded the software as CloudForms.
The ManageIQ software can handle cloud management tasks such as tag-based policy and orchestration, capacity management, and financial chargeback. The software manages not only OpenStack-based clouds but those that run on VMware, Microsoft and Amazon as well.
By releasing the software as open source, Red Hat hopes to thwart competitors in the OpenStack space that maintain proprietary sets of tools for managing hybrid clouds.
"Red Hat's philosophy is that the whole cloud should be open," said Joe Fitzgerald, the company's general manager for cloud management.
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