VMWare "Project Redwood" allows you to roll your own cloud...

VMWare announced yesterday that they were developing a project known as "Project Redwood" that would allow value added resellers to get into the cloud computing game.

This will allow IT departments in big companies to move away from public clouds, the fear associated with letting someone else hold your data, and focus on building their own Private Clouds.

VMware recognizes that many solution providers feel threatened or challenged by the idea of cloud computing, and have yet to understand what it means for them, said Carl Eschenbach, executive vice president of worldwide field operations at VMware.

"In fact, it's not a threat," Eschenbach said. "It's an opportunity."

More at
http://www.crn.com/security/222700644;jsessionid=W4PSBCV5FNCCPQE1GHPSKHW...