About Openstack
OpenStack is a cloud computing project that was set up to provide infrastructure as a service (IaaS). It is free open source software released under the terms of the Apache License. The project is managed by the OpenStack Foundation, a non-profit corporate entity established in September 2012 to promote, protect and empower OpenStack software and its community. More than 150 companies joined the project, among which are Intel, AMD, Canonical, SUSE Linux, Inktank, Red Hat, Groupe Bull, Cisco, Dell, Ericsson, HP, IBM, NEC, VMware, Brocade Communications Systems and Yahoo!
The technology consists of a series of interrelated projects that control pools of processing, storage and networking resources throughout a data centre, all managed through a dashboard that gives administrators control while empowering its users to provision resources through a Web interface. The OpenStack community collaborates around a six-month, time-based release cycle with frequent development milestones. During the planning phase of each release, the community gathers for the OpenStack Design Summit to facilitate developer working sessions and assembly plans.