System and method for performing designated service image processing functions in a service image warehouse

System and method for performing processing functions on a warehoused service image. In one embodiment, the system comprises a service image warehouse for storing at least one service image; means for modifying the at least one service image by performing at least one of a plurality of service image processing functions on a service image contemporaneously with a user's checking the at least one service image out of the service image warehouse; means for checking the modified service image back into the service image warehouse; and a plurality of compute nodes connected to the service image warehouse to which the at least one service image may be deployed. Each of the compute nodes comprises one of a physical machine and a virtual machine host.