Rackspace a leading hosting and public cloud vendor has acquired Cloudkick, a Monitoring as a Service vendor focused upon monitoring the software infrastructure layer in Infrastructure as a Service (IaaS) clouds. Rackspace will now be able to offer basic monitoring of the operating system layer of the IaaS stack as a service to its customers, and also use the very same dashboards that the customers use for their own support staff to assist in troubleshooting.
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For a developer, and subsequently the team of people that has to support certain kinds of applications in production, a PaaS cloud can be a wonderful thing. Why can a PaaS cloud be so wonderful? Because if you have a web based application based upon Java, Ruby-on-Rails, or .NET you can find a cloud provider that handles the entire hardware and software platform for your application.