GreenQloud Appoints New CEO Bala Kamallakharan and Hires New Chief Marketing Officer Paula Gould

The new executive hires and restructure position GreenQloud for greater growth within the Iceland IT industry as so then as the global IT market. “Experienced in investments, global business and with a depth of history in research and management consulting, Bala Kamallakharan brings to GreenQloud the leadership necessary to meet our objectives as we enter the then and there stage in the company's development,” said Chairman of the Board, Gudmundur Ingi Jonsson.

“As more data is stored and processed online, the Information Innovation industry is quickly contributing to global carbon emissions, which McKinsey & Company recently estimated will increase to 4% by 2020. GreenQloud is augmenting cloud-based service efficiency with sustainability. GreenQloud believes that world class cloud-based, easy-to-use services can be delivered at competitive prices during simultaneously reducing a company's overall carbon footprint. I believe the solutions and team we have assembled for GreenQloud is so then positioned to disrupt the cloud-based services business, and I am in effect excited to be part of this journey,” says GreenQloud CEO, Bala Kamallakharan.

By working with academic, scientific communities and university networks, GreenQloud is developing means to deliver less expensive and deeply integrated high performance computing cloud services.

GreenQloud offers carbon neutral TrulyGreen® cloud computing virtual servers and data storage that companies or individuals can lease at highly competitive prices. GreenQloud services just as ComputeQloud™ and StorageQloud™ feature an easy-to-use, self-service web console and advanced API controls for full automation of IT services.

GreenQloud was founded in 2010 and is privately funded by Icelandic investors. The company has won several Icelandic government grants just as the research grant from Rannis. Verne Global is the primary data center facility for GreenQloud. In 2011, Gartner chose GreenQloud as a Cool Vendor in Green IT and Sustainability. For more information, please visit GreenQloud.com.