Tag: managed cloud services

Demand for managed cloud services continues to grow
The managed cloud services market is forecasted to reach $60.7 billion in revenue by 2027 after growing at a 12 percent compound annual rate. The bulk of those managed services are naturally going to be provided by the cloud service...

Nuanced approach to cloud service consumption is emerging
Conventional wisdom holds that, in the long-term, it’s inevitable the bulk of application workloads will be running on a cloud service, typically a shared public cloud infrastructure. However, a survey of 150 global business and IT professionals published this week...

Demand for IT services accelerates as economy recovers
A report published by the market research firm Information Services Group (ISG) finds revenue generated from enterprise-class technology, business, and IT services reached an all-time high in the first quarter of 2021. The combined global market for deals that exceeded...

As cloud spending increases, relationships become complicated
A forecast published this week by Gartner suggests that the spending on various cloud services will continue to accelerate through 2020. However, the Gartner report also predicts that 60 percent of organizations will be employing managed services provided by cloud...

A need to optimize cloud spending opens the door for MSPs
The more business and IT leaders worry about cloud costs, the more relevant managed service providers become. As far as cloud spending is concerned, the level of financial oversight being applied by organizations is slim to none. In the name...

Reliance on MSPs expected to increase in 2019
As hybrid cloud computing becomes more complex — thanks to rise of so-called cloud native computing models — there appears to be an increase in the willingness of IT organizations to rely on managed service providers (MSPs).

Standing at the crossroads of managed BI cloud services
Business intelligence (BI) applications have been moving steadily to the cloud for some time now. A new “2018 Cloud Computing and Business Intelligence Market Study” published by Dresner Advisory Services finds the number of organizations planning to increase spending on...

Reliance on external IT services shows steady gains
A global survey of 890 CIOs shows that the percentage of IT managed by external IT services providers is climbing at a slow but steady pace. Conducted by The Logicalis Group, a reseller and provider of managed IT services, the...

Rackspace fortifies its position in the managed cloud market with Datapipe acquisition
When Rackspace bought rival Datapipe this week, it made a move that solidified its position as the number two company in the managed cloud market, and in the process created a bigger company to battle market leader IBM (according to data from...