Zurich, Switzerland - August 28, 2012 - CloudSigma, the only international, customer-centric, pure-cloud infrastructure-as-a-service (IaaS) provider, today announced that it has been shortlisted in the third annual Cloud Computing World Series Awards in the category of Best Cloud Storage Solution for its SSD cloud storage.

The cloud storage market is predicted to reach $22.6 billion by 2015, according to IDC, but it's no secret that storage bottlenecks are one of the biggest challenges in the cloud. Recent growth in large-scale virtual deployments has only exacerbated the issue with a surge in the amount of random input/output (I/O) operations between VMs and traditional, magnetic-based storage systems. Such storage systems are not suited for the randomized, multi-tenant access of a public cloud, and therefore cause massive performance bottlenecks.

CloudSigma has been recognized for its SSD storage solution, which resolves these issues with its high-performance capabilities and unprecedented availability and reliability. With CloudSigma SSD, companies can achieve higher performance, at a fraction of the cost, while handling the explosion of I/O operations caused by the increasing adoption of server virtualization.

"We are honored to have been selected as a finalist in the Best Cloud Storage Solution category for the 2012 Cloud Computing World Series Awards," said Patrick Baillie, CloudSigma co-founder and CEO. "The implementation of SSD storage in IaaS public clouds gives enterprises the compute power and storage capacity they need to keep up with ever increasing volumes of data. With our public cloud SSD storage offering, we are delivering the technological advancements the cloud storage market needs to reach such high estimated growth levels and it's an honor to be recognized for that level of innovation."

Now in its third year, the Cloud Computing World Series Awards has become a benchmark for excellence within the cloud industry. In total, the awards feature nine categories, recognizing companies from across the global cloud space. 2012 has been another record-breaking year for the competition, with over 250 cloud computing providers submitting entries for their products and services.