Skolkovo resident Parallels has started sales of its cloud software, innovation and venture news source UNOVA reports.

The project was financed with Skolkovo grant, as well as with funds of the firm’s founders, Sergey Belousov and Ilya Zubaryov. This is one of the first projects from Skolkovo’s IT-center to have reached public sales in Russia and abroad.

The product – Parallels Automation for Cloud Infrastructure (PACI) was created in less than a year. The cloud technology has been purchased by several international service-providers in Europe and South-East Asia, Japan’s Tsukaeru included.

The product enables any hosting- or telecom-provider to rent our virtual infrastructure for cloud calculations. The service is similar to Amazon’s Elastic Compute Cloud.

“Amazon today controls about 15% of the market of cloud IT-services. In four years revenue from these services has reached $750m. By 2014 the number is expected to reach $2.5bn. Due to fast growing demand for these services we chose to focus efforts and funds on developing a software that would enable providers to compete with the giant,” said Pavel Ershov, CEO, Parallels Research.

“PACI opens opportunities to our partners to access the market with new cloud services in short time and get additional profit source,” he added.