Some of the services are HP Cloud Compute, HP Cloud Object Storage and HP Cloud CDN.

FORBES: HP's Earnings: Restructuring And Weak PC Market Will Be A Drag

Rackspace also said it is installing a tiered pricing system for its open cloud products, starting with its Cloud files object storage service.

FORBES: Rackspace Shares Slide As Company Sharply Cuts Prices

Many of these products are leveraging local file-based storage with object-based cloud storage.

FORBES: Big Data, Big Storage

Using the smallest object available for engineering data storage devices - single atoms - the same team of IBM researchers who made this movie also recently created the world's smallest magnetic bit.

ENGADGET: Extreme closeup! IBM makes 'world's smallest movie' using atoms (video)